Senior Accountant

Job Summary

The Senior Accountant will be responsible for managing the company's financial records, cost accounting, compliance, and reporting functions specific to a pharmaceutical/IV fluid manufacturing environment. The role requires strong expertise in manufacturing cost accounting, inventory valuation, regulatory compliance (GST, taxation, pharma-specific statutory requirements), and financial reporting, while supporting month-end/year-end closing and audits.

Key ResponsibilitiesFinancial Accounting & Reporting

• Maintain accurate books of accounts as per applicable accounting standards (Ind AS/IFRS as relevant)
• Prepare monthly, quarterly, and annual financial statements (P&L, Balance Sheet, Cash Flow)
• Ensure timely closing of books and reconciliation of ledgers
• Prepare MIS reports for management decision-making

Cost & Manufacturing Accounting

• Monitor and analyze production costs, raw material consumption, and batch costing for IV fluids
• Conduct standard costing, variance analysis (material, labor, overhead)
• Track cost of goods manufactured (COGM) and cost of goods sold (COGS)
• Coordinate with production/plant teams for inventory valuation, wastage analysis, and yield reporting
• Work with the costing team on BOM (Bill of Materials) accuracy

Inventory & Fixed Assets

• Oversee raw material, packing material, WIP, and finished goods inventory accounting
• Conduct periodic physical stock verification and reconciliation with SAP/ERP
• Maintain fixed asset register, depreciation schedules, and CWIP tracking (relevant for plant expansions/capex)

Taxation & Statutory Compliance

• Ensure timely and accurate filing of GST, TDS, Income Tax, and other statutory returns
• Handle assessments, audits, and liaise with tax consultants/auditors
• Ensure compliance with pharma-specific regulatory and excise requirements (if applicable)
• Support statutory, internal, and cost audits

Budgeting & MIS

• Assist in preparation of annual budgets and forecasts
• Perform variance analysis between budgeted and actual figures
• Support management with financial analysis for pricing, tender costing, and profitability of product lines

Internal Controls & ERP

• Ensure adherence to internal financial controls and SOPs
• Work on ERP/SAP systems for accounting, costing, and inventory modules
• Support process improvement initiatives in finance and costing workflows

Team & Coordination

• Supervise junior accountants/accounts executives
• Coordinate with procurement, production, quality, and stores departments for financial data accuracy
• Liaise with banks for fund management, LC, and working capital requirements

Required Qualifications

• Education: B.Com/M.Com; CA (Inter)/CMA (Inter) preferred; Full CA/CMA an advantage
• Experience: 5–8 years in accounting/finance, with at least 2–3 years in a pharmaceutical or manufacturing industry (IV fluid/parenteral manufacturing experience strongly preferred)

Key Skills

• Strong knowledge of cost accounting and manufacturing/process industry accounting
• Proficiency in Tally/SAP/ERP systems
• Sound knowledge of GST, TDS, and Indian taxation laws
• Advanced MS Excel skills (pivot tables, VLOOKUP, financial modeling)
• Understanding of pharma regulatory environment (WHO-GMP, Schedule M, drug pricing regulations — DPCO, if applicable)
• Strong analytical and problem-solving skills
• Good communication and cross-functional coordination ability

Preferred Attributes

• Experience with batch/lot costing in a regulated manufacturing setup
• Exposure to capital expenditure accounting (plant/machinery investments)
• Ability to work under deadlines during audits and statutory filings
• High attention to detail and integrity in financial reporting

Pay: ₹15,000.00 - ₹30,000.00 per month

Work Location: In person