Assistant Manager / Manager - Finance & Accounts
SDP HR Solution
- Bharuch, Gujarat
- Permanent
- Full-time
Job Description:
1. Accounts & Finance To ensure all period cost are duly accounted in ERP by team after adhering all regulatory compliances related to TDS and GST.
2. To ensure accuracy and completeness of Banking transactions including bank reconciliation by team.
3. To review customer and vendor ledgers on regular basis to ensure accuracy and completeness including proper accounting of credit and debit notes.
4. To ensure all expenditure and outgo adheres to Company’s policy and duly processed thru approval matrix in ERP.
5. To complete timely verification of fixed assets and accounting thereof adheres to IND AS 16, depreciation calculation and accounting as per Schedule 2 of the Companies Act, 2013.
6. To complete timely verification of inventory and accounting & valuation thereof adheres to Ind AS 2.
7. To ensure accounting of all provision and capturing of contingent liabilities as per IND AS 37.
8. To ensure that sale transactions adheres to norms of IND AS 115.
9. To monitor insurance coverage of Unit, to initiate renewal and to facilitate documentation during claim process.
10. To Coordinate with statutory auditors of the Company for ensuring timely completing of audit after providing all necessary details.
11. To coordinate with internal auditors of the Company for ensuring all checks and controls are adheres and no non-compliance are repeated. Ensuring implementation of suggested controls.MIS & Reporting:
1. To verify on daily basis for transactions related to inward / GRN, production, consumption and dispatches are duly accounted in ERP by respective cross functional team and duly matches with manual log sheets maintained at Plant area.
2. To prepare and present product wise monthly MIS, profitability statement and cost sheet along with variance analysis and reasons for variation thereof.
3. To prepare standalone financial statement with cash flow of Unit on quarterly basis after ensuring compliance with IND AS.
4. To drive and facilitate with Unit Head during budget preparation and budgetary control activities.Statutory Compliances:
1. To review and ensure all compliances related to GST and TDS are adheres by the team at transaction level. No revenue leakage in the form of input credit loss/
2. To ensure timely completion of statutory payment and fillings of GST, TDS, PT and PF.
3. To participate closely with Administration team for facilitating compliance related to labour law, factory law etc.
4. To lead during departmental assessment and audit.Process Improvement:
1. Proactively work with cross functional team, HO F&A team and system team on regular basis for developing new reports, to reduce turnaround time at transactional level, to implement controls.
2. Regular monitoring of existing internal checks and controls and endeavor for implementing appropriate internal control functions within activities at transactional and reporting level.
3. To ensure SOPs are duly adhered and meet requirement of Internal control on financial reporting (ICOFR).