Job Description

Role & responsibilities Responsible for Plant Accounting, including fixed assets, Inventory, Purchase, Accounts Payable, Monthly Payable, Monthly closing, Reporting, Balance Sheet & P/L Preparation & statutory audit Job Responsibilities Material Accounting: Validation & acted as a checker for processing supplier invoices for all categories of Direct & indirect material Validation & checker for Import material accounting, including custom duty payment, correct accounting as per CIF & FOB terms, and tracker sheet for imported cost data Ensuring complete accounting for material-related Month-end material provisions, MIT booking, Analyze Material costing, BOM vs Actual, and list the variance reasoning. Controlling for supplier/vendor balance reconciliations, including tracking of old vendor balances, advances & subsequent settlements. Expense accounting: Validation & act as a checker for processing vendor invoices processing for all plant-related expenses including R&M Manufacturing, Marketing & advertisement, Power & Fuel, Admin relate,d etc Detailed validation check including GST & TDS fields, Expense nature, approvals, and all supporting documents validity. Review of month-end provisions, finalisation, and complete tracking of provisions and subsequent settlement which includes: cross-functional dept-wise expense Precisions listing, Security Deposit, employee payables, F&F controlling sheet, Any other as required for month-end closing activity Ageing analysis of suppliers, vendor & employee balances Balance Sheet: Prepare monthly balance sheet & PL of plant level Review of GL balance budget vs actual related to plant material and expense cost trial review, identification of non-moving GL balances and their subsequent closure plan Others: Prepare Monthly MIS covering detailed information and analysis of financial data for review and controlling purposes Support statutory & Tax Audit by preparing various audit schedules and audit coordination. Understanding of Internal auditor observation, countermeasures, and closure. Maintenance of financial documents as per J-SOX requirement. Effective coordination with cross-functional decisions for their queries and suggestions related to expense and material cost approvals Ensuring maintenance of Finance records in digital storage mode for material & expenses section.