Sabyasachi - Manager - Finance & Accounts

Role & responsibilities :

1. Costing & Production Finance :

- Prepare and maintain consolidated rate charts for raw materials (RM).

- Obtain and validate Bill of Materials (BOM) with production teams.

- Derive line-item level costing based on procurement prices and consumption.

- Assign costs for processes such as dyeing, embroidery, stitching etc.

- Allocate production overheads and wastages accurately.

- Drive MRP fixation in consultation with HODs by providing detailed cost visibility.

- Identify process gaps and collaborate with stakeholders to close them ensure alignment between costing, production processes, and business objectives.

2. Dyeing & Embroidery Commercials :

- Validate and process monthly job work charges.

- Conduct variance analysis to monitor cost efficiency.

3. Inventory & Working Capital Management:

- Ensure procurement aligns with OTB (Open to Buy) plans.

- Monitor inventory valuation and system recording accuracy.

- Ensure correct tax recording and input credit utilization.

- Track working capital efficiency and inventory health.

4. Sales & Reconciliation :

- Ensure accurate sales recording in systems.

- Conduct channel partner reconciliations.

- Monitor quantity and MRP reconciliation.

5. Governance & Commercial Controls :

- Ensure adequacy of insurance coverage.

- Maintain compliance with licenses and statutory requirements.

- Enforce controls to ensure zero instances of double payments.

- Monitor tax credit utilization and compliance.

- Support vendor financing / bill discounting (if applicable).

- Ensure adherence to warehousing and inventory norms.

6. Procure-to-Pay (P2P) & Vendor Management :

- Oversee the end-to-end P2P and vendor management processes executed by the respective teams, ensuring adherence to policies, approval workflows, compliance requirements, and payment timelines.

- Review and monitor vendor onboarding, procurement transactions, reconciliations, and payment controls to ensure accuracy, governance, and operational efficiency.

- Drive process standardization, reporting, and continuous improvements to strengthen financial controls.

7. MIS & Reporting :

- Prepare MIS reports and KPI dashboards providing actionable insights for business decision making.

- Support leadership with data-driven financial analysis.