Executive - Finance

Role & responsibilities

Person will be responsible for managing month-end closing activities, vendor accounting, material transaction controls, and compliance-related processes. The role requires close coordination with Warehouse, Planning, Procurement, and Central AP teams to ensure accurate financial reporting, timely vendor payments, and effective control over inventory and material movements.

Accountability 1- Month End closing

• Execute month-end activities as per the closing calendar.
• Prepare and post journal entries, accruals, and provisions.
• Monitor provision utilization and perform periodic reversals and adjustments.

Accountability 2 : Material Inward/ vendor payment

• Ensuring timely SRN/ GRN/DMS in SAP
• Coordinate with WH and Planning teams regarding SAP MM transactions- RTV/RPO/ GRN Reversal/ Gate Entry monitoring
• Review and reconcile GR/IR accounts and resolve discrepancies.
• Reconcile vendor accounts and vendor debit/credit note queries with Planning team.
• Timely collection & uploading of vendor invoices on portal and timely resolution of query
• Reduction in overdue vendor payments and prompt resolution of vendor payment-related queries.
• Coordinate with central AP team to ensure timely invoice processing and payment release.
• Monitor vendor payment aging and ensure adherence to payment terms
• MIS related to open gate entry /advance payment/MSME Payment/ Inventory /Write off/ IRA

Accountability 3 : Audit & Compliances

• Job works related reconciliation and compliance monitoring including material movement.
• Close monitoring of RGP/NRGP
• Support internal and external audits and maintain audit-ready documentation.
• Ensure compliance with accounting policies, internal controls, and statutory requirements.

Accountability 4 : Stake holder management

• Build and maintain effective working relationships with cross-functional stakeholders including Procurement, Warehouse, Planning, Manufacturing, Central AP teams
• Coordinate with internal teams to ensure smooth execution of month-end activities, reconciliations, and payment processes
• Collaborate with stakeholders to drive process improvements, strengthen controls, and enhance operational efficiency.

Qualification:

• Bachelors degree in commerce (B.Com)
• CA Inter/ CMA inter/ MBA Finance preferred

Experience:

• 3-10 Years of experience in Finance & Accounts

Experience in manufacturing/ Plant Finance role is preferred.