Job Summary

We are seeking a highly motivated and detail-oriented Senior Executive – Finance & Accounts with strong experience in Manufacturing Operations. The candidate will be responsible for budgeting, costing, financial analysis, accounting, statutory compliance, inventory accounting, and management reporting. Hands-on experience in product costing, budget preparation, variance analysis, and manufacturing cost control is mandatory.

Qualification:

• CA Inter / CMA Inter / MBA (Finance) / M.Com / B.Com
• Strong knowledge of Cost Accounting, Budgeting, MIS, and Financial Reporting.

Key Responsibilities

Budgeting & Financial Planning

• Prepare Annual Operating Plans (AOP), budgets, and forecasts.
• Monitor budget utilization and conduct monthly variance analysis.
• Coordinate with department heads for budget preparation and control.
• Analyze actual performance against budgets and recommend corrective actions.

Costing & Cost Control (Mandatory)

• Prepare and maintain Product Cost Sheets and BOM Costing.
• Conduct Standard Costing, Activity-Based Costing, and Cost Analysis.
• Monitor material, labor, and overhead costs.
• Analyze manufacturing variances and identify cost-saving opportunities.
• Support pricing decisions through detailed cost analysis.
• Ensure accurate inventory valuation and cost allocation.

Accounts & Finance Operations

• Manage General Ledger, Journal Entries, and Account Reconciliations.
• Prepare monthly, quarterly, and annual financial statements.
• Monitor Accounts Payable, Accounts Receivable, and Cash Flow.
• Ensure timely month-end and year-end closures.
• Support internal and external audits.

Manufacturing Finance

• Monitor production costs, WIP, inventory, and consumption trends.
• Analyze machine utilization, production efficiencies, and overhead absorption.
• Coordinate with Production, Procurement, Stores, and Quality departments.
• Ensure compliance with inventory controls and asset management procedures.

MIS & Reporting

• Prepare monthly MIS reports and management dashboards.
• Present profitability analysis by product, project, and customer.
• Generate cost reports and financial performance metrics.
• Support management decision-making through financial analysis.

Compliance & Taxation

• Ensure compliance with GST, TDS, Income Tax, and statutory requirements.
• Coordinate statutory, internal, and cost audits.
• Maintain financial records in accordance with accounting standards and company policies.

Required Skills

• Strong knowledge of Cost Accounting and Budgeting.
• Experience in Manufacturing Costing and Inventory Accounting.
• Financial Analysis and Variance Reporting.
• Knowledge of GST, TDS, and Statutory Compliance.
• Advanced MS Excel (Pivot Tables, VLOOKUP, Power Query).
• ERP Experience (SAP / Oracle / Microsoft Dynamics / Tally Prime).
• Strong analytical and problem-solving skills.

Preferred Industry

• Aerospace & Defense Manufacturing
• Electronics Manufacturing
• Automotive Manufacturing
• Engineering & Industrial Manufacturing

Key Performance Indicators (KPIs)

• Budget Adherence and Forecast Accuracy.
• Cost Reduction Initiatives.
• Inventory Accuracy and Cost Control.
• Timely Financial Closures.
• MIS Reporting Accuracy.
• Compliance with Statutory Requirements.
• Improvement in Product Profitability and Cost Efficiency.

Mandatory Requirement: Candidate must have hands-on experience in Manufacturing Finance, Product Costing, Budgeting, Inventory Accounting, and Cost Control activities.

Share you Resume: hr.head@bhsel.com