Posted by
Posted in
Banking & Finance
Job Code
1679878

We are currently looking to hire a Senior Manager - Accounts & Finance. Sharing the key requirements below:
- Qualification: Qualified CA (mandatory)
- Experience: 7+ years post-qualification
- Company Background: Must currently be working with an Indian company with turnover above - 1500 Crores (MNC background not preferred)
- Location Preference: Candidate should be from Pune or Maharashtra
- Age: Below 45 years
- Team Management: Should have managed a team of 6-10 people
- IPO Experience: Must have been involved in IPO rollout process for at least 1-2 companies
Key Responsibilities
A. Financial Accounting & Group Consolidation
- Oversee preparation and finalisation of standalone and consolidated financial statements under Ind AS.
- Lead month-end, quarter-end, and year-end close processes across multiple plants / divisions.
- Manage inter-company reconciliations, eliminations, and group reporting for allied entities (distillery, power, farms).
- Review and approve general ledger entries, journal vouchers, and balance sheet schedules.
- Ensure accurate valuation of inventory - raw sugar, molasses, bagasse, ethanol, and by-products as per Ind AS 2.
- Design and review MIS dashboards, flash reports, and KPI trackers for management decision-making.
B. Cost Management & Profitability Analysis
- Build and maintain a robust cost accounting system for sugar manufacturing - from cane procurement to finished goods dispatch.
- Monitor and analyse unit cost of production (per MT / per quintal) across sugar, ethanol, power units.
- Lead annual budgeting and rolling forecast cycles; track and explain variances with corrective action plans.
- Perform product profitability, segment-wise contribution analysis, and divisional P&L reviews.
- Drive cost reduction programs targeting overhead absorption, energy efficiency, and input material yield.
- Supervise cost audit and Cost Audit Report (CAR) preparation as per Cost Audit Rules.
C. Taxation - Direct & Indirect
- Oversee entire GST lifecycle - GSTR-1, 3B, 9, 9C, input tax credit reconciliations, and departmental audits.
- Lead Income Tax strategy - advance tax planning, tax-efficient structuring, ITR filing, and Form 3CA/3CD tax audit.
- Handle transfer pricing documentation, Form 3CEB, and TP audits for related-party transactions.
- Manage TDS / TCS compliance framework - deductions, TAN returns, 26AS reconciliations, and default corrections.
- Represent the company before Income Tax Appellate Tribunal (ITAT), GST Appellate Authority, and CIT(A).
- Monitor compliance with Sugar Cess, state-specific levies, and government subsidy accounting (DFPD / FCI).
D. Treasury, Banking & Fund Management
- Lead treasury operations - cash flow forecasting, liquidity management, and short-term investment decisions.
- Manage consortium banking relationships for working capital (CC/OD), term loans, ECBs, and NCD issuances.
- Negotiate credit facilities, interest rate terms, and covenant compliance with lead bankers.
- Oversee LC/BG operations, forex exposure hedging (if applicable), and FEMA compliance.
- Manage debt repayment schedules, DSCR monitoring, and lender reporting obligations.
E. Internal Controls, Audit & Risk Management
- Design and enforce a comprehensive internal financial control (IFC) framework across all units.
- Lead statutory audit coordination - preparation of audit schedules, management responses, and CARO reporting.
- Oversee internal audit planning, risk-based audit calendar, and implementation of recommendations.
- Conduct fraud risk assessments; implement anti-fraud controls at cane weighment, mill house, and dispatch points.
- Ensure compliance with ICFR requirements under Companies Act, 2013 for listed / large companies.
F. Team Leadership & Capability Building
- Lead, mentor, and develop a team of 5-15 finance professionals across accounts, taxation, and cost functions.
- Set performance goals, conduct appraisals, and build succession plans within the finance team.
- Standardise SOPs across finance workflows - vendor payments, cane payment, MIS, and audit.
- Foster a culture of accuracy, accountability, and continuous improvement in the finance function.
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Posted by
Posted in
Banking & Finance
Job Code
1679878