Euroteck - Manager - Finance & Accounts - CA

JD of Mid Level F&A Executive

Job Purpose:

The Junior-Mid Level Accountant is responsible for managing and overseeing all accounting functions across project sites, including budgeting, cash flow monitoring, financial reporting, GST&TDS filing, BRS and consolidation. This role supports the CFO by preparing accurate MIS reports, assisting with audits, and meeting external stakeholder requirements, including lenders. The position will also play a key role in compliance and process improvements.

Following are the essential responsibilities:

Accounts Management:

- Oversee and maintain day-to-day accounting operations for multiple project sites.

- Ensure accurate recording of transactions, including accounts payable, accounts receivable, payroll, and general ledger entries.

- Lead the month-end/quarter-end and year-end closing processes to ensure timely financial reporting.

- Perform regular bank reconciliations and resolve any discrepancies promptly.

Budgeting & Cash Flow Monitoring:

- Assist in the preparation of annual budgets working closely with project managers and the procurement team.

- Monitor actual spending against budgets and report variances

- Prepare detailed cash flow forecasts and monitor cash flow positions to ensure sufficient liquidity for project operations.

- Provide insights on cash flow management and suggest improvements for efficient cash utilization.

- Assist in disbursement planning

Audit, Financial Reporting & Consolidation:

- Prepare consolidated financial statements for all project sites, ensuring accuracy and compliance with accounting standards.

- Generate quarterly and annual financial reports for management and external stakeholders.

- Coordinate with project managers/procurement team to gather financial data and ensure accurate tracking of project costs and revenue.

- Facilitate internal and external audits by preparing necessary documentation and responding to auditor inquiries.

- Ensure timely resolution of audit findings and implement recommendations for process improvements.

- Maintain a robust documentation system to support all audit requirements.

- Ensure timely completion of audit and preparation of annual report

Management Information System (MIS):

- Prepare and present MIS reports to senior management, highlighting key financial metrics and trends.

- Develop and maintain financial dashboards for ongoing performance monitoring.

- Analyze financial data and provide actionable insights to support strategic decision-making.

GST Filing & Compliance:

- Prepare and file GST returns on a timely basis, ensuring accuracy and compliance with applicable regulations.

- Reconcile GST input tax credit with vendor invoices and resolve any discrepancies.

- Ensure proper documentation and filing of GST-related records for audits and regulatory checks.

TDS Reconciliation & Filing:

- Manage TDS deductions and ensure timely deposit of TDS payments to the government.

- Reconcile TDS amounts with vendor payments and ensure accurate reporting.

- Prepare and file quarterly TDS returns, ensuring compliance with all statutory requirements.

- Address and resolve any discrepancies or mismatches in TDS records.

- Ensuring annual IT returns filing

Compliance & Stakeholder Management:

- Ensure adherence to financial regulations, company policies, and statutory requirements.

- Liaise with external stakeholders, including lenders, to fulfill financial reporting and compliance obligations.

- Prepare and submit financial data required for loan agreements, due diligence processes, and regulatory filings.

Filing and Document Preservation & Maintenance:

- Responsible for ensuring the timely and accurate maintenance of records including GST returns, TDS returns, and other statutory filings. This involves meticulous preparation, review, and submission of documents in compliance with regulatory deadlines.

- Maintain a well-organized system for preserving all financial records, including invoices, tax filings, audit reports, and other relevant documents.

- Ensure easy retrieval of records and documents for audits, compliance checks, and internal reviews.

- Regular updates and backups to maintain data integrity and security.

Stores, Inventory & Fixed asset Management:

- Maintain accurate and up-to-date records of all inventory items across various locations, ensuring real-time tracking of stock levels.

- Conduct regular physical inventory audits and reconcile discrepancies between physical counts and system records.

- Monitor inventory levels to maintain optimal stock levels, and initiate reorders to prevent stockouts or overstocking.

- Prepare regular reports on inventory status, including stock levels, turnover rates, and potential obsolescence.

- Work closely with the procurement team to ensure timely ordering and receipt of inventory, and resolve any discrepancies with suppliers.

- Maintain a detailed and accurate fixed asset register, including acquisition dates, costs, locations, and depreciation schedules.

- Calculate and record depreciation for all fixed assets in accordance with accounting standards and company policies.

- Conduct regular physical verification of fixed assets to ensure accuracy of records and identify any missing or obsolete assets.

- Ensure timely and accurate capitalization of assets, and manage the transition of items from inventory to fixed assets as necessary.

Account Receivables (AR) & Payables (AP) management:

- Track receivables, ensure timely collections, and follow up on overdue accounts.

- Perform regular reconciliation of customer accounts and resolve discrepancies promptly.

- Reconcile vendor statements with accounts to identify and resolve any variances

- Ensure all vendor payments comply with tax regulations, including GST/TDS, and prepare periodic filings

Costing:

- Analyze the cost structure of products, including raw materials, labor, overheads, and other related expenses.

- Identify and analyze variances between actual and standard costs, providing actionable insights.

- Propose strategies for cost control and efficiency improvement across operations.

- Prepare detailed reports on product and project costs for management review.

Process Improvement:

- Identify inefficiencies in financial processes and recommend actionable improvements.

- Support the implementation of new accounting systems, tools, or processes to enhance operational efficiency.

- Collaborate with cross-functional teams to streamline financial workflows and improve accuracy.

Qualifications : CA

Skill set : SAP and MS-office is a must. Strong understanding of TDS, GST, IT compliances

Experience : 10-15 years in , preferably, a manufacturing industry