Company Name: ESAB India

Assistant Manager Accounts

Department: Finance & Accounts

Location: Chennai Irungattukkotttai Factory

Reporting To: Factory Accounts Head

Position: Assistant Manager Accounts

Qualification: CMA (Cost & Management Accountant) CMA Inter/ CMA Final Completed

Experience: Minimum 5 years, preferably in a manufacturing / factory environment

About the Role

ESAB India is looking for a qualified and experienced Assistant Manager Accounts to manage day-to-day finance and accounting activities at the IGT Factory.

The role will have a solid focus on manufacturing accounting, cost accounting, inventory accounting, production costing, MIS, variance analysis, statutory compliance, and financial controls. The incumbent will work closely with Production, Purchase, Stores, Commercial, and other cross-functional teams to ensure accurate accounting and effective cost management.

Key Responsibilities

- Manage day-to-day accounting and finance activities of the factory.
- Handle cost accounting, inventory accounting, production costing, and variance analysis.
- Ensure accurate accounting of raw materials, WIP, finished goods, and factory expenses.
- Prepare and analyze MIS reports, budgets, cash-flow statements, cost reports, and management reports.
- Monitor and control payables, receivables, bank transactions, and other accounting activities.
- Analyze material, labour, overhead, production, and other cost variances and highlight key areas requiring management attention.
- Coordinate with Production, Purchase, Stores, Commercial, and other functions for accurate accounting, inventory control, and cost optimization.
- Ensure timely and accurate accounting of factory transactions in accordance with company policies and applicable accounting standards.
- Monitor GST, TDS, and other statutory compliances relevant to factory operations.
- Support internal and external audits and ensure timely closure of audit observations and requirements.




- Review and strengthen financial controls, accounting processes, and operational controls at the factory.
- Assist in budgeting, forecasting, financial planning, and periodic performance reviews.
- Identify process gaps and recommend improvements to enhance accounting accuracy, cost control, and operational efficiency.
- Ensure timely closure of monthly and periodic financial activities as per corporate timelines.

Desired Skills & Competencies

- Strong knowledge of manufacturing accounting and cost accounting.
- Good understanding of production costing, inventory valuation, WIP, standard costing, and variance analysis.
- Good working knowledge of GST, TDS, and statutory compliance.
- Strong proficiency in MS Excel including data analysis, MIS preparation, and reporting.
- Hands-on experience with ERP systems and accounting applications.
- Strong analytical and numerical skills.
- Good communication and interpersonal skills.
- Strong problem-solving and decision-making ability.
- Ability to work independently and manage multiple priorities and deadlines.
- Strong attention to detail and commitment to accounting accuracy and financial controls.

Educational Qualification Mandatory: CMA (Cost & Management Accountant)

Candidates with relevant qualifications and hands-on experience in manufacturing / factory finance and accounts will be preferred.

Experience

Minimum 5 years of relevant experience, preferably in a manufacturing organization, with exposure to factory accounting, costing, inventory, MIS, statutory compliance, and audit.

Key Success Factors The successful candidate will be expected to:

- Maintain accurate and timely factory accounting.
- Provide reliable costing and MIS information to management.
- Effectively monitor and explain cost and operational variances.
- Strengthen inventory and financial controls.
- Ensure timely statutory and audit compliance.
- Work effectively with cross-functional teams to improve cost control and financial discipline.

📌 Assistant Manager Accounts (Chennai)
🏢 ESAB INDIA
📍 Chennai