Deputy Manager- Plant Accounts

Overview

Oversee plant accounting, AP, month/year close, compliance, and financial reporting.

Key Responsibilities

• account reconciliation
• tax compliance
• inventory valuation
• month closing
• financial reporting
• vendor payments

Tasks

1. Ensuring correct and timely recoding of Accounts Payable. The Deputy Manager – Accounts Incharge Plant will play a pivotal role in overseeing the overall accounting, book finalization, monthly MIS & Reporting, Internal control and compliances in manufacturing unit. This role is responsible for ensuring internal control, implementing company standard operating procedure , process improvement , TDS & GST compliances, MSME compliances, correct and timely disbursement etc. to vendors. -Ensure periodical account reconciliation with vendors and balance confirmation. Discrepancies, if any are identified and resolved promptly -Ensure timely and accurate payments related to taxes such as withholding taxes and GST (if applicable) -Establish control to avoid any duplicate payment / wrong RTGS etc. -Monthly valuation of inventory ( RM/WIP/ FG – Mfg/ Traded items etc) -Monthly / Yearly closing activities, including Bank reconciliation, Assets and Liabilities review and settlement of any over due outstanding. -Half yearly physical verification of inventories -Collaborate with external auditors, Plant Head / Purchase head to ensure compliance and resolve any issues related to financial matter of Plant -Monthly closing, provisioning and reporting to management before due date – Financial statement of Plant as per defined format -Ensure all payments are in line with the company's financial policies, tax regulations, and internal controls -Ensuring timely dispatch of rejected materials to suppliers -Ensuring timely disbursement to AP as per Company Policy / Legal compliances -Ensuring correct vendor master as per company policy and SOP -Ensuring Correct deduction of TDS and correct GST input / accounting -Ensuring proper FA tagging on Assts -Ensure that the invoices for goods and services are processed with accuracy in terms of pricing, quantities, and terms of agreement -Correct GST input on fixed assets -Yearly physical verification of assets -Coordinate with other plant / HQ regarding disbursement of overdue outstanding, TDS / GST Compliances / Monthly closing -Ensure monthly reconciliation of accounts payable ledger and timely month/ year-end closing process -Schedule and ensure that payments are processed to suppliers on time in accordance with payment terms -Ensure closure of GSTR2B unreconciled items -Control over MSME / GST / Income tax regulation -Ensure maintenance of accurate and up-to-date records of all invoices, payment transactions, and approvals for audit purposes -Ensuring that all payable (both Material & Services) are appropriately approved and timely recorded -Monthly Review of CWIP and ensuring timely booking of fixed assets

Requirements

• ca/cma
• sap
• excel
• erp
• manufacturing
• auditing

What You Bring

4. Timely and Correct disbursement -FG Qty reconciliation ( OB- Inward – outward – CB)- Trading and manufacturing -Strong analytical skills to interpret financial data and provide actionable insights to senior management -Strong team management and leadership skills -Effective communication skills -Control over slow / non moving inventories -Proactive in identifying discrepancies and resolving audit queries, statutory compliance issues, and process bottlenecks -Strong troubleshooting abilities in financial processes -Response to auditors queries as per TAT defined -Education: CA/CMA with experience in Finance, Accounting, or a related field. -Minimum 6-8 years of experience in accounting, auditing, and financial reporting in Manufacturing facility. -Proper control over shortage / rejected / price difference debit note -Proficiency in accounting software and ERP systems homegrown as well as SAP -Deep knowledge of accounting principles, financial reporting standards, and statutory regulations, particularly for large, multi-divisional organizations -Strong MS Excel skills for financial analysis and reporting -Must have exposure in Managing account & finance in Manufacturing set up. -Experience in managing financial processes for a newly / running Manufacturing set up.

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Benefits

-Depreciation calculation as per company act and income tax act

About Jaquar & Company Private Limited

-Known for its innovative design, the company specializes in faucets, showers, sanitary ware, and wellness products. -With a presence across 45+ countries, its products combine functionality, luxury, and cutting-edge technology. -The company is recognized for its commitment to quality, having built world-class manufacturing facilities. -Typical projects include high-end residential complexes, commercial spaces, hotels, and luxury real estate. -Offering a diverse product range, the company ensures that every bathroom experience is elevated to the next level. -As a trusted brand, the company serves customers in over 40 countries, constantly evolving to meet modern demands.

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