#candidate to be from VadodaraRole SummaryWe are seeking a hands-on Chartered Accountant to lead cost & inventory accounting, statutory compliance, and plant-level financial controls in a manufacturing setup. The ideal candidate is proficient in standard costing, BOM/route accounting, variance analysis, inventory governance, and GST/compliance, and can partner with production, SCM, and quality functions to drive profitability, working capital efficiency, and audit readiness.Key Responsibilities1) Costing & Profitability- Develop and maintain standard cost, BOM/BOQ cost sheets, and routing costs (labor, machine rates, overhead absorption). - Perform variance analysis (PPV, usage/yield, labor efficiency, overhead absorption) and drive corrective actions with Operations/SCM. - Support cost audits, cost records (if applicable), and product/customer profitability analysis. - Monitor manufacturing overheads; recommend cost optimization initiatives.2) Inventory & Working Capital Control- Design and enforce inventory control frameworks: cycle counts, ABC classification, safety stock, reorder points, SLOB (slow & obsolete), and inventory ageing. - Oversee GRN to invoice matching, MRP/production postings, WIP valuation, and FG valuation under applicable standards. - Reconcile physical vs. book inventory; lead quarterly/annual stock takes and investigate discrepancies. - Drive working capital improvement: DIO reduction, materials yield, scrap accounting, and return-to-vendor processes.3) Financial Accounting & Compliance- Ensure accurate GL, sub-ledger, closing & reporting (monthly/quarterly/annual). - Prepare MIS: P&L by plant/product line, contribution margin, variance dashboards, cash flow, and working capital reports. - Manage GST (returns, reconciliations, e-invoicing/e-way bills), TDS/TCS, income tax support, and Companies Act compliance in coordination with external advisors. - Coordinate statutory, internal, and cost audits; close observations with timely remediation.4) ERP & Process Excellence- Own finance-related ERP master data and process controls (SAP/Oracle/Tally/ERPNext—adjust as applicable). - Implement SOPs for inventory movements, inter-plant transfers, subcontracting, and job-work accounting. - Strengthen controls & documentation (DOA, 3-way match, maker-checker, segregation of duties).5) Cross-Functional Collaboration- Partner with SCM/Production/Quality on material planning, yield improvement, and NCR/returns. - Support new product introductions with cost roll-ups and financial feasibility. - Provide financial insights for capex proposals (IRR/NPV), make-vs-buy, and vendor negotiations.Required Qualifications & Skills- CA (Chartered Accountant) — mandatory. - 7–8 years of post-qualification experience in manufacturing (discrete/process industries). - Strong in cost accounting, standard costing, BOM/WIP valuation, and inventory controls. - Hands-on with GST, TDS, Income Tax compliances, and audit coordination. - Proficiency in ERP (SAP/Oracle/Tally or similar), advanced Excel, and Power BI/Tableau exposure preferred. - Analytical mindset with ability to translate financial insights into operational actions. - Excellent communication; ability to challenge and coach cross-functional teams. - High integrity, detail orientation, and ownership in a plant environment.Preferred Exposure (Nice to Have)- Experience in electrical components/equipment manufacturing (aligns with your industry). - Knowledge of cost records rules (where applicable). - Familiarity with e-invoicing, e-way bill workflows, job-work/subcontracting accounting. - Prior implementation or optimization of cycle counting/ABC analysis and SLOB reduction projects.
Job Title
Chartered Accountant