Accounts and Finance Manager, 10 to 15 years in Mumbai

Job Description

• Financial Closure Management:
• Plan and execute monthly, quarterly, and annual closure schedules.
• Provide timely monthly financial statements and manage the monthly closing process.
• Monitor and ensure reclassification and proper accounting of erroneous or unaccounted entries before the General Ledger closure.

• Profit & Loss Management:
• Prepare and explain weekly profit and loss projections.
• Establish product line profit and loss statements to identify opportunities and risks.

• Legal and Compliance Management:
• Administer legal assignments related to company banking limits, guarantees, taxation, and accounts assessment.
• Enforce compliance with GST, TDS, Service Tax, VAT, and other regulations; create month-end provisions for expenses.

• Reporting and Analysis:
• Draft and present weekly and monthly management reports on cost-benefit analysis, productivity, inventory turnover, and cost variance.
• Review financial results and conduct year-on-year and quarterly comparisons of company performance regarding both top-line and bottom-line metrics.
• Ensure compliance with applicable policies, contracts, and regulations.

• Accounts Receivable Management:
• Monitor each payment receipt from customers, mapping it against actual receivables.
• Issue credit notes for deductions such as IGST, TDS, late delivery (LD), and sales returns.
• Coordinate effectively between customers, sales personnel, and the accounts department.

• Audit Coordination:
• Conduct internal audits of accounts receivable and statutory audits of sundry debtors, providing necessary data for auditors.
• Develop various management review reports (MRM) on an ad hoc basis.

• Education: Chartered Accountant (CA) or B.Com preferred.
• Experience:
• 10+ years of experience in the Accounts & Finance Department.
• Experience in the pharmaceutical industry is preferred; experience in any manufacturing setup will be considered.
• Skills:
• Excellent communication and interpersonal skills with strong leadership qualities.
• Strong analytical skills with a proactive and positive personality.
• Ability to lead by example and foster a collaborative team environment.