Accounts Executive - Manufacturing Job Description Template
The Accounts Executive - Manufacturing is tasked with ensuring the accuracy and efficiency of financial operations within the manufacturing division. This includes managing accounting records, analyzing financial data, preparing reports, and ensuring compliance with financial regulations specific to the manufacturing industry.
Responsibilities
- Manage and oversee daily accounting operations within the manufacturing unit.
- Prepare and analyze financial reports and statements.
- Ensure compliance with industry-specific financial regulations.
- Maintain accurate records of financial activities and transactions.
- Assist in budget preparation and expense management.
- Monitor financial performance and identify areas of improvement.
- Coordinate with internal and external auditors during audits.
- Support the finance team with forecasting and financial planning.
Qualifications
- Bachelor’s degree in Accounting, Finance, or a related field.
- Minimum of 3 years of experience in manufacturing accounting or a similar role.
- In-depth knowledge of accounting principles and practices.
- Familiarity with industry-specific financial regulations.
- Strong analytical and problem-solving skills.
- Excellent attention to detail and organizational skills.
- Proficient in accounting software and Microsoft Office Suite.
Skills
- Financial Reporting
- Cost Accounting
- Budgeting
- Variance Analysis
- Regulatory Compliance
- ERP Systems (e.g., SAP, Oracle)
- Microsoft Excel
- Analytical Thinking
- Attention to Detail
- Communication Skills
Frequently Asked Questions
An Accounts Executive in manufacturing is responsible for managing the financial accounts, budgeting, and reporting within the manufacturing sector. They ensure accuracy in financial statements, oversee ledger accounts, and analyze financial data to inform strategic decisions. This role often involves coordinating with other departments to streamline financial operations.
To become an Accounts Executive in manufacturing, one typically needs a degree in finance, accounting, or a related field. Many employers prefer candidates with professional certification, such as a CPA or CMA. Experience in financial management, especially within the manufacturing industry, is highly valuable. Strong analytical skills and proficiency in accounting software are also essential.
The average salary for an Accounts Executive in manufacturing varies depending on factors such as experience, location, and company size. Generally, it is competitive as it reflects the responsibilities of managing financial accounts in a complex sector like manufacturing. Research on salary websites can provide updated figures and assist in understanding industry standards.
Qualifications for an Accounts Executive in manufacturing typically include a bachelor's degree in accounting or finance. Some employers prefer advanced qualifications or certifications such as CPA or CMA. Specialized knowledge in manufacturing accounting practices and proficiency in accounting software are also important. Further, strong analytical and communication skills are crucial for this role.
An Accounts Executive in manufacturing requires strong analytical skills, attention to detail, and expertise in accounting software. Their responsibilities include financial reporting, budgeting, and ledger management. They must ensure compliance with financial regulations and collaborate with various departments to enhance efficiency. Knowledge of industry-specific regulations and trends is also beneficial.