Manager Plant Accounting - India's Leading Consumer Major

ACCOUNTING :

Financial controllership : Proper and fair presentation of financial reporting of plant profitability, monitoring the actual performance, variance analysis and financial control over operation.

- Timely preparation of statutory books of accounts, financial statements, including provisions and ensure proper accounting policy and practice (GAAP) implementations in the system.

- Preparation of Schedules of Balance Sheet and support HO in consolidation of Financial Statements & B/S

- Monitoring & scrutiny of all expenses ledgers on monthly basis.

- Assets Accounting : Capital Asset estimate, project tracking, capitalization and physical verification of fixed assets.

- Statutory Compliances & Taxes : Responsible for statutory compliances with respect to central excise, Sales Tax, professional tax, service tax, TDS and TCS etc. Actively involved in assessment/audit, checking and filing varies returns.

- Liaising : Liaison with statutory Bodies (central excise, sales tax, DIC etc), Bankers, auditors, develop & maintain professional and cordial relation with external agencies/ consultants.

- Accounts Reconciliation : Vendor accounts Reconciliation, bank reconciliation and General Ledger Reconciliation.

- Bills Payable : Responsible for all bills/expenses booking and payment on due date as per PO/ LC term.

- Managed the transporters payments well in time to facilitate dispatch function smoothly.

- Ageing Analysis of customers/ vendors outstanding and inventories on monthly basis and prepare related MIS.

- Audit : Co-ordination with external/internal auditors and cost auditor, analyzing reports and helping in implementing of auditor suggestions.

MIS, COSTING & BUDGETING :

- Preparation of daily, weekly and monthly MIS of plant activity.

- Maintain costing record as per cost accounting standard and cost audit and compliances report.

- Preparation of the cost sheets for each SKU,s produced on monthly basis.

- Preparation and Review of MIS report for plant profitability on periodical basis.

- Preparation of plant Executive Summary and trend chart every month for higher management.

- Preparation of Key performance data and flash report for factory as a whole.

- Std Cost confirmation for new product, handling each new SKU's BOM verification, updating and routing in SAP.

- Standard vs actual cost analysis and variance report with trend chart. Ensure timely and accurate costs information provided to management for decision making.

Cost Control and Cost reduction planning & analysis.

- Cost comparative and variance report with in factories.

- Preparation of Revenue Budget & capital Expenditure Budget and various budgetary control report.

- Preparation QTR Standard transfer price & review std vs actual cost relating to all products every month.

- Review standard vs actual Overhead analysis and controlling the under/over absorption of overheads as per budget.

- Provide real time information to management with analytical recommendation for quack decision making.

GENERAL FACTORY CONTROLLERSHIP :

- To carry Physical inventory counts on monthly basis, & match with books stock after approval and stock count through external auditor's every QTR end.

- Packaging, granule, ingredients, consumables etc - ensure there are sufficient controls and procedures in place to warrant that stocks and usages are accurate

- Review stock ageing & reporting on obsolete, slow moving & non moving stock to higher management.

- Robust controlling system of material movement from Gate to Gate and dept to dept.

- Controlling system of statutory compliance like ESI, PF, bonus, minimum wage & licensing etc..

- Develop and implemented financial, accounting, commercial and auditing producers.

COMMERCIAL :

- Approving PO for all purchases wrt quote, PR, Budget, standard rate and correctness of accounting entry.

- Review open PO and GR/IRs and follow up with concerned functions head for timely closure.

- Creation of Internal order for Capex purchase & tracking the spend as per approved Capex budget.

- Vendor development, basically to reduce the holding cost involved & cost reduction by developing vendor's in the local market to reduce the lead time thereof.

- Job work costing & Outsourcing - prepare make or buy comparison & implement third party operation procedure including material reconciliation of job worker

- Help commercial team for various contract negotiation & finalizations.

Candidate Requirement :

CA / ICWA - ONLY REQUIRED

KNOWLEDGE OF SAP MODULE IS A MUST

PLANT / MANUFACTURING EXPERIENCE IS A MUST

RELOCATION CANDIDATES CAN APPLY

Narayan Iyer ( 98191 47645)
Pan India Recruiters

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