Sr. Accountant

Job PurposeThe Senior Accounts Executive will manage day-to-day manufacturing accounting, inventory valuation, statutory compliance, and plant-level financial controls. Operating at a ₹160Cr+ scale requires a professional who can independently handle high-volume vendor reconciliations, monitor Work-in-Progress (WIP) costing, and provide accurate MIS reporting to support leadership decision-making.Key Responsibilities1. Core Plant & Manufacturing Accounting

• Costing & WIP Tracking: Monitor and record costs related to raw materials (steel, structural components, welding consumables), scrap generation, and Work-in-Progress (WIP).
• Inventory Governance: Conduct monthly physical inventory verification and reconcile store ledgers with ERP records. Manage material gate passes (returnable/non-returnable).
• Job Costing: Maintain bill of materials (BOM) variance analysis to track actual fabrication execution costs against estimated project budgets.

2. Statutory & Tax Compliance

• GST Management: Prepare and reconcile monthly data for GSTR-1, GSTR-3B, and GSTR-9. Perform rigorous reconciliation of GSTR-2B with purchase logs to optimize Input Tax Credit (ITC).
• TDS & TCS: Calculate and execute timely TDS deductions on contractor payments, professional fees, and execute timely quarterly e-TDS return filings.
• Audits: Coordinate closely with statutory and internal auditors by preparing schedules and resolving discrepancies.

3. Working Capital & Ledger Management

• Accounts Payable (AP): Verify high-value fabrication vendor invoices against Purchase Orders (POs) and Goods Receipt Notes (GRNs). Manage payment cycles to optimize cash flow.
• Accounts Receivable (AR): Monitor milestone-based billing for ongoing fabrication projects and follow up on outstanding client receivables.
• Banking Operations: Execute day-to-day banking transactions, monitor Letters of Credit (LC) or Bank Guarantees (BG) for large orders, and perform bank reconciliations.

4. Financial Reporting & MIS

• Month-End Closing: Assist in closing books on time, calculating provisions, depreciation, and preparing trial balances.
• MIS Submissions: Generate monthly profitability statements, variance analyses, and cash flow forecasts for the plant and projects.

Required Skills & Qualifications

CriteriaRequirements

EducationB.Com / M.Com / Inter-CA / Inter-ICWA or MBA in Finance.

Experience4 to 7 years of core accounting experience strictly within a manufacturing or fabrication unit.

Software SkillsAdvanced proficiency in Tally Prime, SAP, or equivalent manufacturing ERPs.

Excel SkillsExpert in MS Excel (Pivot Tables, V-Lookups, advanced financial formulas).

Industry KnowledgeSolid grasp of commercial contracts, freight accounting, raw material valuation, and multi-state GST regulations.

Pay: ₹30,000.00 - ₹45,000.00 per month

Benefits:

• Leave encashment
• Provident Fund

Education:

• Bachelor's (Preferred)

Experience:

• Accounting: 5 years (Preferred)
• GST: 3 years (Preferred)

Language:

• Gujarati (Preferred)

Work Location: In person