An accountant’s primary role is to keep records of all incoming and outgoing transactions and to ensure that each transaction corresponds to the correct account. They compile all financial data to analyse the pattern of transactions and create financial reports for all stakeholders. An accountant also needs to create profit and loss statements, balance sheets, and other financial statements to present the necessary information to the management. They also forecast the budget by analysing income and expenses in the financial year. Furthermore, reconciling ledger accounts and guiding the clerical staff are also the responsibility of the accountant. Other duties may include:

- Calculating taxes and submitting tax returns to comply with the law
- Auditing financial documents to ensure they are accurate and maintaining the confidentiality of the financial data
- Suggesting financial policies and procedures based on the overall financial status of the organisation
- Managing the company’s accounts to ensure on-time payment and overseeing the software system for financial needs
- Maintain the privacy of financial information, and when necessary, backup databases
- Rectify any anomalies or inconsistencies they discover in the company’s financial document
- Assess accounting software applications and accounting control procedures
- Make and evaluate the organisation’s year-end financial accounts
- Compose budget forecasts

Core Responsibilities

- Cost Accounting & Tracking: Monitor the Cost of Goods Sold (COGS), direct labor,



raw material purchases, and overhead expenses.
- Inventory Management: Oversee physical inventory counts, cycle counts, stock provisioning, WIP (Work in Progress), and valuation.
- Variance & Margin Analysis: Compare standard costs against actual production costs to analyze variances and calculate product gross margins.
- Bill of Materials (BOM) & Routing: Update and verify standard costs and structural accuracy within the company’s Bill of Materials.
- Budgeting & Forecasting: Assist in CapEx (Capital Expenditure) and OpEx (Operational Expenditure) planning, budget tracking, and financial reporting.
- Month-End Closing: Execute general ledger entries, accruals, adjustments, and financial reconciliations for factory operations.
- Compliance & Audits: Support internal and external audits, ensuring compliance with local tax regulations, statutory accounting standards, and internal controls.

Key Skills & Qualifications

- Education: Bachelor's Degree in Accounting, Finance, or Commerce.
- Experience: Typically 2 to 5+ years of accounting experience, ideally inside a plant or manufacturing setup.
- Technical Software: Proficiency in Tally ERP systems and advanced Excel modeling (pivot tables, lookup formulas).
- Analytical Mindset: Ability to turn complex factory data and material input-output ratios into actionable financial insights.

Pay: ₹30,000.00 - ₹40,000.00 per month

Perks:

- Food provided
- Provident Fund

Work Location: In person

📌 Senior Accountant (Chengalpattu)
🏢 SIPL
📍 Chengalpattu