Roles & Responsibilities
Lead month-end and year-end closing processes, general ledger management, and internal financial controls compliant with Ind AS / Indian GAAP
Oversee monthly physical inventory counts and reconcile physical stock against TALLY balances across RM, WIP, FG, and spare parts
Enforce revenue and purchase cut-off procedures matching factory dispatches, customer sign-offs, and logistics costs
Manage accruals, prepayments, ledger scrubbing, and calculate provisions for doubtful debts and warranty reserves
Finalize monthly Financial Statements (P&L;, Balance Sheet, Cash Flow) and deliver variance analysis reports to founders
Ensure 100% compliance with GST, TDS, Corporate Tax, Transfer Pricing, ROC filings, and labor regulations (PF, ESI, PT)
Act as primary liaison for statutory, tax, internal audits, and FEMA/customs compliance for imports/exports
Develop financial models, annual budgets, rolling cash forecasts, and unit-economic analyses
Establish standard costing frameworks, BOM auditing, and CapEx tracking for manufacturing operations
Prepare financial data rooms, cap table updates, and investor reporting packages for fundraising rounds
The role is based in Bhubaneswar and reports directly to the Co-Founders
Involves oversight of plant and cost accounting including scrap rates and plant capacity utilization
Requires management of foreign direct investment (FDI) inflows and FEMA regulations

Ideal Candidate
Solid Financial Controller Profile with manufacturing cost accounting, statutory compliance, and FP&A; depth
Mandatory (Experience 1): Must have 10+ years of progressive finance experience, with knowledge of and experience in the manufacturing industry.
Mandatory (Experience 2): Must have led month-end / year-end close, general-ledger management, and internal financial controls under Ind AS / Indian GAAP, including financial-statement finalization (P&L;, Balance Sheet, Cash Flow), BRS, and variance analysis (Actual vs Budget, MoM).
Mandatory (Experience 3):



Must have hands-on experience with inventory, WIP & COGS reconciliation (physical counts vs Tally, BOM variance analysis, provisions/write-offs), monthly cost rollups, and GR/IR reconciliation.
Mandatory (Experience 4): Must have experience enforcing revenue/purchase cut-off controls (dispatches, GRNs, GONs, E-Way bills vs invoice postings) and posting accruals, prepayments, amortization, and provisions.
Mandatory (Experience 5): Must have strong statutory and tax compliance experience: GST (GSTR-1/3B/9/9C, GSTR-2B vs purchase register, ITC, E-Invoicing/E-Way), TDS/TCS (returns, Form 16/16A, advance tax), and Corporate Tax.
Mandatory (Experience 6): Must have experience with ROC filings (AOC-4, MGT-7, MSME-1, PAS-3, DIR-3 KYC) via CS, labour compliance (PF/ESI/PT/LWF, Factories Act, Contract Labour Act), and leading statutory/tax/internal audits and due diligence.
Mandatory (Experience 7): Must have experience with FEMA compliance (FC-GPR, FLA returns, EDPMS/IDPMS) and customs duty / bill of entry clearances for imported machinery/materials.
Mandatory (Experience 8): Must be able to build financial models, annual budgets, rolling cash forecasts, and unit-economic analyses, and track manufacturing metrics (COGS, gross margins, scrap rates, plant capacity utilization).
Mandatory (Experience 9): Must have experience establishing standard costing frameworks, inventory valuation, BOM auditing, and CapEx tracking for manufacturing.
Mandatory (Experience 10): Must have experience in working-capital management (AP, AR, vendor terms, inventory turnover) and fundraising / board support (data rooms, cap table, investor reporting, due diligence).
Mandatory (Tech skill): Must have deep knowledge of Ind AS and Indian tax, manufacturing cost accounting, ERP (SAP, NetSuite, or Tally), and advanced Excel / Power BI financial modeling.
Preferred (Education): Qualified Chartered Accountant (CA) or MBA in Finance; CMA is a strong advantage.
Experience: 10–12 years · Work from office · 6 days a week · Notice period up to 30 days

📌 Finance Officer - Financial Accounting (Bhubaneswar)
🏢 BON V Aero
📍 Bhubaneswar