Team Member - Finance & Accounts

Role & responsibilities

Financial Accounting & Month-End Closure

• Ensure accurate accounting of day-to-day transactions in line with company policies, applicable accounting standards and internal control requirements.
• Support monthly, quarterly and annual book closure activities including ledger scrutiny, provisions, accruals, prepayments and expense booking validation.
• Prepare and review account reconciliations, schedules, ageing reports and balance sheet hygiene items.
• Coordinate with shared services / corporate finance teams for closure inputs, issue resolution and timely financial reporting.
• Identify accounting gaps, open items and abnormal balances, and drive closure with relevant stakeholders.

Plant Finance & Cost Controlling

• Support monitoring of manufacturing costs, conversion cost, utilities, consumables, repairs and maintenance, manpower cost and other plant overheads.
• Analyze budget vs actual cost movement and highlight key deviations with actionable insights.
• Assist in product costing, cost estimate review, standard cost validation, BOM / routing impact analysis and variance monitoring, wherever applicable.
• Partner with manufacturing, engineering and SCM teams to track cost improvement initiatives and operational efficiency levers.
• Prepare cost dashboards and MIS for plant leadership review.

Budgeting, Forecasting & MIS

• Support annual operating plan, budget preparation, rolling forecast and business planning exercises for plant finance areas.
• Compile inputs from user departments and validate assumptions for manpower, utilities, consumables, services, maintenance and other operating expenses.
• Prepare periodic MIS covering revenue / cost trends, variance analysis, working capital, capex, inventory and key financial indicators.
• Ensure timely circulation of reports with clear commentary on exceptions, risks and corrective actions.
• Maintain structured data files and working papers for management review and audit reference.

Inventory, Working Capital & Asset Controls

• Support physical inventory verification, cycle counts, reconciliation of book vs physical stock and closure of inventory differences.
• Monitor inventory ageing, slow / non-moving stock, provisions and inventory valuation controls.
• Coordinate with warehouse, production and SCM teams for material accounting, GR/IR, consumption, scrap, rejection and stock adjustment matters.
• Support fixed asset capitalization, asset tagging, physical verification and CWIP review, as applicable.
• Contribute to working capital improvement through timely controls on inventory, vendor advances, receivables and open items.

Statutory Compliance, Audit & Governance

• Provide timely data and schedules for statutory audit, internal audit, cost audit, tax audit and any other compliance reviews.
• Ensure adherence to DOA, SOPs, financial control matrices and authority approval requirements.
• Support closure of audit observations by coordinating root cause analysis, action plans and evidence submission.
• Maintain proper documentation, maker-checker evidence, approvals and audit trails for financial transactions.
• Escalate control gaps, policy deviations and high-risk items to reporting manager on priority.

Accounts Payable / Receivable and Vendor Support

• Coordinate with procurement, user departments and shared services for invoice processing, PO / non-PO compliance, GRN issues and payment support.
• Monitor vendor advances, debit notes, credit notes, recoveries, retention, statutory deductions and open reconciliation items.
• Support resolution of vendor queries by ensuring data accuracy and coordination with relevant teams.
• Review ageing and outstanding items periodically to avoid long pending balances.
• Ensure expense classification and cost center mapping accuracy.

Business Partnering & Decision Support

• Act as a finance support partner for manufacturing and support departments by providing reliable financial insights.
• Support cost-benefit analysis, make vs buy evaluation, capex justification and productivity improvement cases, as required.
• Participate in cross-functional reviews and provide finance inputs on cost, compliance and governance implications.
• Drive timely communication of financial risks, budget deviations and improvement opportunities.
• Promote financial discipline and cost consciousness across departments.

Process Improvement, Systems & Digital Enablement

• Work on process simplification, standardization and automation opportunities in finance processes.
• Support SAP FICO / MM integration issue resolution, master data hygiene and transaction accuracy.
• Use MS Excel, Power BI or other reporting tools to improve visibility and data-driven reviews.
• Build repeatable templates for MIS, reconciliations, audit schedules and variance analysis.
• Contribute to digital finance initiatives and system-based controls wherever applicable

Preferred candidate profile

1:- CA / CMA / ICWA / MBA Finance or equivalent finance qualification. CA / CMA Inter with relevant manufacturing finance experience may also be considered based on role fit.

2:- 6 to 12 years of relevant experience in Finance & Accounts, preferably in large-scale manufacturing, renewable energy, solar, electronics, engineering, EPC or industrial businesses