Purpose of the Role
The incumbent will be responsible to manage plant-level commercial and financial activities, ensuring effective accounting, taxation, vendor management, cost control, financial reporting, and compliance with company policies. The role will coordinate with plant operations, procurement, stores, and corporate finance teams to ensure smooth commercial operations.
Job Responsibilities (KRA)
1. Plant Finance & Accounting
- Handle day-to-day accounting, financial reporting, and plant-level financial controls.
- Prepare MIS reports, expense statements, and budget-versus-actual analysis.
- Monitor accounts payable, receivables, working capital, and cash flow.
- Ensure accurate and timely maintenance of financial records.
2. Taxation, Audit & Compliance
- Ensure compliance with GST, TDS, Income Tax, and other applicable statutory requirements.
- Coordinate internal and statutory audits and maintain supporting documentation.
- Ensure adherence to company policies and internal financial controls.
3. Commercial & Vendor Management
- Manage vendor payments, supplier reconciliations, and purchase-related accounting.
- Coordinate with procurement and stores teams for purchase orders, GRN verification, and invoice matching.
- Monitor commercial documentation, vendor balances, and payment cycles.
- Support vendor coordination and commercial negotiations.
4. Costing & Cost Control
- Monitor plant expenses, material costs, freight, and other operating costs.
- Analyze cost variances and support cost-optimization initiatives.
- Assist in budgeting, cost tracking, and financial performance analysis.
5. Procurement & Inventory Coordination
- Coordinate with procurement, stores, and operations teams for timely material availability.
- Verify purchase-related documentation and support inventory reconciliation.
- Ensure proper accounting of purchases and services.
6. ERP & MIS Reporting
- Use SAP or other ERP systems for accounting, purchase transactions, and financial reporting.
- Prepare periodic MIS reports and provide financial information to management.
- Identify opportunities to improve accounting and commercial processes.
7. Cross-Functional Coordination
- Coordinate with plant operations, procurement, stores, logistics, and corporate finance.
- Resolve vendor, accounting, and commercial issues within defined timelines.
- Support plant management in financial planning and cost control.
Job Requirements (KPI)
Qualification: Chartered Accountant (CA)
Experience: 3-5 years+
