CMA with 6-8 yrs of PQE as Finance Lead at A Textile Manufacturing Major, Tirupur, Coimbatore

  • 6 - 8 Years
  • Not Mentioned
  • coimbatore
  • permanent
  • Cost Accountant
  • Textiles
  • Accountancy,Corporate Finance,Operations Management
  • Plant Finance Lead
    Reporting into Finance Controller
    Role Summary/Purpose
    The candidate needs to have a strong plant accounting background with in a combination of
    products and projects business setup.
    Essential Responsibilities
    1) Ensure month-end closing of factory accounts, Prepare and analyse key overheads report and
    compare the same with budgets.
    2) Period Closing: Own Inventory period closing process and reconcile GL balances for direct cost &
    inventory accounts. Reconcile subsidiary ledger with general ledger. Own all Inventory and Cost
    Accounting ledgers in Balance Sheet and P&L for plant
    3) complete responsibilities for accounting of logistics, taxes, and warehouses cost tracking and
    productivity improvement with the respective teams at plant. Detailed tracking of the monthly
    variances for review.
    4) Cost variance management: provide deep dive analysis of various variances (Price / Quantity /
    Job-cost) and introduce necessary control.
    5) Plant MIS & Productivity tracking: Establishing plant MIS and productivity measures related to
    materials, logistics, cycle count, warehouse costs, customs topics related to material costs.
    6) Own plant accounts payable operations ( Procurement/Outsourcing/plant Hr, Admin and others),
    and Ensure supplier payments on due date basis and optimize cash needs. Liase with Corporate
    7) Inventory processes & Control Own Inventory accuracy for entire plant. Conduct physical
    verification of inventory on periodical basis.
    8) Ensuring deduction of TDS, TCS and avail and payment of GST and track of all statutory
    compliances applicable to plant.
    Process Improvements / IT Enhancements: Lead process improvements, IT enhancements to
    improve inventory process and strengthening inventory reporting through system.
    Qualification – Post graduate (Preferably ICWA) with 6-8 years Post qualification experience in
    Manufacturing. Exposure to Textiles/Apparel industry is desirable
    Should be Excel savvy. Exposure to M3 ERP would be useful.

Employer Profile :

  • A Textile Manufacturing Major, Tirupur, coimbatore