Accounts & Finance Manager

JOB DESCRIPTIONPosition

Finance Manager

Department

Finance \& Accounts

Location

Mumbai / Factory Location

Reporting To

Management / Director

Employment Type

Full-Time

Position Overview

We are looking for an experienced and commercially oriented Finance Manager to independently manage the company's finance and accounting functions across the corporate office and manufacturing/production facility.

The ideal candidate must be a Chartered Accountant (CA) with strong experience in a manufacturing, production, factory, or industrial environment. The candidate should have hands-on exposure to factory costing, inventory, production accounting, budgeting, MIS, cash flow, statutory compliance, audits, and financial controls.

• Key ResponsibilitiesA. Financial Management
• Manage the overall finance and accounting operations of the company.
• Prepare and monitor annual budgets, forecasts, cash-flow projections, and financial plans.
• Monitor company profitability, working capital, receivables, payables, and cash flow.
• Provide financial analysis and business insights to management for decision-making.
• Develop and implement effective financial controls and processes.

B. Factory \& Production Finance

• Manage finance and accounting activities related to the manufacturing/production facility.
• Monitor production costs, material consumption, labour costs, overheads, and manufacturing expenses.
• Prepare and analyse product/job/project costing and identify cost-saving opportunities.
• Monitor factory expenses against approved budgets.
• Coordinate with Production, Stores, Procurement, and Operations teams for accurate financial reporting.
• Review inventory valuation, stock movements, wastage, scrap, and material reconciliation.
• Conduct regular analysis of production variances and cost deviations.

C. Accounting \& MIS

• Ensure accurate and timely accounting and closure of monthly books.
• Prepare monthly MIS, P\&L, Balance Sheet, Cash Flow, and management reports.
• Analyse financial performance against budget and previous periods.
• Ensure proper accounting of purchases, sales, expenses, inventory, fixed assets, and provisions.
• Establish and maintain appropriate accounting controls and documentation.

D. Statutory Compliance

• Ensure timely compliance with GST, TDS, Income Tax, PF, ESIC, Professional Tax, and other applicable statutory requirements.
• Coordinate with statutory auditors, internal auditors, tax consultants, and other professional advisors.
• Ensure timely filing of statutory returns and payments.
• Handle tax assessments, notices, audits, and related correspondence as required.

E. Audit \& Internal Controls

• Coordinate statutory, internal, tax, and financial audits.
• Ensure proper documentation and supporting records for all financial transactions.
• Identify financial and operational risks and recommend corrective measures.
• Strengthen internal control systems across office and factory operations.
• Monitor compliance with company financial policies and procedures.

F. Working Capital \& Cost Control

• Monitor receivables and payables and ensure effective working capital management.
• Follow up on outstanding receivables and support timely collections.
• Monitor vendor payments and cash requirements.
• Identify unnecessary expenses and implement cost-control measures.
• Review major purchases and expenditure from a financial perspective.

G. Team \& Cross-Functional Management

• Lead and supervise the Finance \& Accounts team.
• Coordinate closely with Management, HR, Procurement, Production, Stores, Sales, and Operations.
• Guide team members on accounting procedures, compliance, and financial controls.
• Ensure timely completion of monthly, quarterly, and annual financial activities.

Candidate Profile

Mandatory Requirements

• Qualification: Chartered Accountant (CA) – Mandatory.
• Experience: 5–10+ years of relevant experience, preferably after qualification.
• Must have prior experience in a manufacturing / production / factory / industrial environment.
• Strong experience in factory finance and production costing.
• Good understanding of inventory, material consumption, wastage, scrap, and stock reconciliation.
• Strong knowledge of GST, TDS, Income Tax, audits, and statutory compliance.
• Experience in preparing and analysing MIS, P\&L, Balance Sheet, Cash Flow, budgets, and costing reports.
• Strong Excel and accounting/ERP skills.
• Excellent analytical, problem-solving, and communication skills.

Preferred Industry Experience

Candidates with experience in any of the following sectors will be preferred

• Manufacturing
• Production / Factory Operations
• Furniture / Interior / Fit-Out Manufacturing
• Engineering / Industrial Manufacturing
• Retail Manufacturing
• Fabrication / Workshop Operations
• Project-based Manufacturing

Key Competencies

• Financial Planning \& Analysis
• Factory Costing
• Cost Control
• Budgeting \& Forecasting
• Inventory \& Working Capital Management
• MIS \& Financial Reporting
• Statutory Compliance
• Audit Management
• Internal Controls
• Team Leadership
• Business \& Commercial Acumen

Important Requirement

Candidates who have only corporate-office finance experience without hands-on exposure to manufacturing/production/factory finance will not be preferred.

The candidate should be capable of independently managing the Finance function of both the corporate office and manufacturing/production operations and should be comfortable working closely with the factory and operational teams.

Pay

₹15,728.36 - ₹88,018.75 per month

Benefits

• Flexible schedule
• Paid time off
• Provident Fund

Work Location

In person