Deputy Manager - Finance & Accounts - Manufacturing - CA

We have been mandated by a large conglomerate for the below mentioned position.

JOB DESCRIPTION:

Position title: Deputy Manager - Finance & Accounts

Department: Accounts & Finance

Qualification: Chartered Accountant (CA)

Experience: Min. 3- 8 years of relevant experience in Finance & Accounts, preferably in manufacturing industry

Location: Boisar

Systems Exposure: SAP FICO (mandatory) & MIS reporting skillsRole Summary:The Deputy Manager-Finance & Accounts will be responsible for overseeing day-to-day accounting operations, bank reconciliation, accounts payable & receivable management, financial reporting (MIS), and supporting costing & budgeting activities. The role ensures accurate financial records, statutory compliance, and timely financial reporting in alignment with organizational objectives.Key Responsibilities:1. Day-to-Day Accounting Operations

• Ensure accurate accounting of all financial transactions in SAP (FICO).
• Monitoring of journal entries, general ledger postings, and monthly book closures.
• Review and control of expense accounting, accruals, and provisions.
• Ledger scrutiny and rectification of discrepancies.

2. Bank Reconciliation

• Preparation and review of monthly Bank Reconciliation Statements (BRS).
• Monitoring of daily bank transactions, fund movements, and cash flow.
• Coordination with banks for documentation, limits, and compliance.

3. Accounts Payable (AP)

• Vendor invoice verification and timely booking in SAP.
• Ensuring proper GRN matching and purchase order compliance.
• Monitoring payment cycles and aging of payables.
• Vendor ledger reconciliation and resolution of discrepancies.
• Ensuring statutory deductions (TDS, GST, etc.) and timely compliance.

4. Accounts Receivable (AR)

• Monitoring customer billing and timely invoicing.
• Tracking receivables aging and follow-ups with sales team.
• Reconciliation of customer accounts.
• Ensuring timely realization of receivables.
• Monitoring credit limits and exposure.

5. MIS & Financial Reporting

• Preparation of Monthly MIS reports covering:
• Profit & Loss statement
• Cost Centre reporting
• Budget vs Actual analysis
• Variance analysis
• Preparation of stock statements and submission to banks.
• Inventory aging analysis and working capital monitoring.
• Contribution to management presentations and dashboards.

6. Costing & Budgetary Controls

• Support in monthly costing (product-wise / equipment-wise).
• Material cost tracking and variance analysis.
• Assistance in departmental budget preparation.
• Monitoring budget vs actual performance.

7. Compliance & Audit Support

• Assistance in statutory audit, internal audit, and cost audit.
• Ensuring GST, TDS, and other statutory compliances.
• Maintaining proper documentation and financial controls.
• Supporting implementation of internal financial controls (IFC).