Sr. Executive - Account

Position: Sr. Executive - Accounts

Location: Bhilad

Experience: 5 - 9 Years

Industries: Cosmetic

Responsibilities

• Accounts Payable Invoice Control
• Process all factory-related operational and capital invoices, ensuring strict adherence to Purchase Orders (PO), Goods Receipt Notes (GRN), and standard pricing.
• Maintain rigorous booking hygiene by ensuring expenses are coded to the correct cost centers, GL accounts, and internal orders in compliance with company policies.
• Oversee the end-to-end payment cycle, ensuring timely disbursements to vendors while optimizing working capital.
• Cost Accounting PL Preparation
• Accrue monthly manufacturing expenses, utilities, contract labor costs, and maintenance charges to ensure accurate and timely PL preparation.
• Understand, analyze, and manage the Trial Balance (TB) for the plant, ensuring all balances are reconciled and properly categorized at month-end.
• Support the monthly/quarterly closing process with precise journal entries, accruals, and prepayments.
• Vendor Management Reconciliation
• Perform regular Vendor Reconciliations for all major suppliers, contractors, and service providers to resolve discrepancies proactively.
• Manage vendor queries regarding payment status, tax deductions (TDS/GST or local equivalent), and debit/credit notes.
• Budgeting Variance Analysis
• Track operational expenditure (Opex) and capital expenditure (Capex) against approved targets to ensure strict Budget vs. Actual compliance.
• Investigate material variances in manufacturing costs, overheads, and inventory valuations, providing actionable insights to plant leadership.
• SAP ERP Operations
• Utilize SAP (FI/CO and MM modules) daily for posting entries, running financial reports, tracking GRN-to-lnvoice matching, and analyzing cost center reports.

Required Skills

• Inventory Valuation Control Knowledge: Understanding of perpetual inventory systems, physical stock verifications, slow-moving (obsolete (SLOB) inventory provisioning, and standard costing principles (bill of materials, labor routing).
• Cross-Functional Communication: Strong interpersonal skills to bridge the gap between finance and shop-floor operations.
• Advanced Excel Skills: Proficiency in VLOOKUPs, pivot tables, and data handling to manage large volumes of plant transaction data efficiently.
• Audit Readiness: Familiarity with maintaining documentation trails (PO, GRN, Invoice, E-way bills, Sign-offs) to facilitate internal and statutory audits smoothly.

Required Qualification

B.Com/M.Com

Key Skills

• Finance & Accounts
• Gst
• Tds