Accounting Manager - Food Manufacturing Firm - CA

Accounting Manager

Location: Mumbai

Qualification: CA

Industry: Food & Pharma preferable

This position will be reporting to General Manager - Corporate & Marketing and will have 2 team members. (Plant & Head Office).

Purpose of the Job

The Accounting Manager is responsible for all areas relating to financial reporting. This position will be responsible for developing and maintaining accounting principles, practices and procedures to ensure accurate and timely financial statements. This position addresses tight deadlines and multiple accounting activities including general ledger preparation, financial reporting, year-end audit preparation and the support of budget and forecast activities.

- Provide financial statements for decision making by Management

- Maintain taxes daily, monthly and annually

- Assets (Tangible and intangible) control and maintain value (valuation and depreciation)

- Analysis of profitability with financial data and cost accounting (production costs)

Scope

Financial:

- Obtain and maintain a thorough understanding of the financial reporting and general ledger structure.

- Ensure an accurate and timely monthly, quarterly and year end close.

- Ensure the timely reporting of all monthly financial information.

- Managing the accuracy of accounting, book closing, budget/actual expense information to other departments

- Managing the accuracy of daily/monthly tax payments.

Non-Financial:

- Developing reporting formats for business executives

- Managing timeline of book closing monthly and annually

- Supports budget and forecasting activities.

Authority and Resources

- Maintain accuracy of accounting, time management of book closing and dealing with Accounting Auditors.

- Performance Measures and Outcomes Expected

- Accuracy, timeliness of book closing and tax return filings

- Useful ideas and to develop management reports

- Budget control of Accounting Section

Key Responsibility Areas

- The daily base of entry

- Monthly and annual book closing with Indian GAAP and IFRS

- Cost accounting (production cost)

- Assets control (Inventory, Capital Asset, Intangible assets)

- Taxes (provision of corporate income tax, TDS, sales tax, service tax, and other taxes)

- Expense Budget vs. Actual

- Internal control (approval process to payable, receivable, credit limits)

Minimum Educational and/or Training Qualifications and Certificates :

- Chartered Accountant

Preferred Experience and Knowledge (number of years, type of experience) :

- More than 5 years- experience in accounting of a food manufacturing company

Required Behavioural Competencies

- Reliable and punctual with reports and presentations.

- Challenging spirit and passion for a new start-up business.

- Good at numeric ability

- Strong communication skills

- Results oriented/ driven

- Ability to work in a stressful environment and meet deadlines

Other requirements

- Knowledge of Accounting (Indian GAAP and IFRS)

- Knowledge of cost accounting/production

- Knowledge of taxes

- Knowledge and experience of ERP Application (Latest Tally Software)

- Project management skills

- International orientation

- Computer skill more than intermediate level (i.e. MS-Office, Officer)