Finance Controller (Manufacturing)

Job Title: Finance Controller

Industry: Manufacturing
Location: Mulund, Mumbai
Work Schedule: Monday to Saturday, 9:00 AM – 5:00 PM
Experience Required: Minimum 3 years

Job Summary

We are looking for a detail-oriented and experienced Finance Controller to join our finance team in a manufacturing environment. The ideal candidate will have a solid background in accounting, banking coordination, payroll, vendor reconciliation, and statutory compliance. This role involves close collaboration with departments including HR, factory operations, and procurement.

Key ResponsibilitiesAccounts Payable & Vendor Management

• Review payments of creditor bills before final submission to management.
• Validate credit/debit notes against purchase records and apply correct deductions.
• Monitor raw material (RM) outstanding and ensure discounts are applied accurately.
• Reconcile vendor accounts regularly and resolve discrepancies.
• Track and reconcile vendor advances; ensure material/service receipts and collect refunds if applicable.

Cash Flow & Treasury

• Manage company-wide cash flow and ensure timely fund availability.
• Coordinate with the plant for cash advances, petty cash, and supplier payments.
• Ensure recurring payments (e.g., rent, utilities) are processed on schedule.

Banking & Loan Management

• Handle loan documentation, bank guarantees, LCs, and maintain banker relationships.
• Verify LC documents and prepare submissions to the bank.
• Prepare Drawing Power (DP) statements for banks.
• Assist with bank audits and manage related documentation and correspondence.
• Attend to banking tasks for company directors, as required.

Payroll & Statutory Compliance

• Process employee salaries and ensure timely payment of statutory dues (PF, ESIC, TDS, etc.).
• Oversee payroll compliance and resolve salary-related queries.
• Verify factory petty cash statements and ensure seamless cash disbursement.

Export/Import Operations

• Oversee export documentation and USD-INR conversion tracking.
• Coordinate with banks for foreign exchange transactions.
• Verify 15CA/CB forms and handle timely remittance for imports.

Cross-Functional Support

• Respond to finance-related queries from internal teams and factory staff.
• Support the Credit Controller with debtor follow-ups and sales review meetings.
• Coordinate insurance renewals and claims with vendors and brokers.

Required Qualifications & Skills

• Minimum 3 years of accounting experience, preferably in a manufacturing setup.
• Proficiency in Tally, SAP, or other ERP software.
• Strong knowledge of:
• Vendor reconciliation and LC documentation
• Payroll processing and statutory compliance
• Bank coordination and loan documentation
• Excellent communication skills for interaction with banks, factory staff, and internal stakeholders.
• Ability to work independently and handle multiple financial operations simultaneously.

Preferred Qualifications

• Experience in export/import documentation and foreign currency transactions.
• Familiarity with 15CA/CB forms and bank audits.
• Hands-on experience with payroll compliance (PF, ESIC, TDS).

Job Type: Full-time

Pay: ₹50,000.00 - ₹80,000.00 per month

Benefits:

• Paid sick time
• Provident Fund

Schedule:

• Day shift

Supplemental Pay:

• Performance bonus
• Yearly bonus

Application Question(s):

• Are you familiar with handling LC documentation and coordinating with banks for payments and guarantees?
• Have you processed payroll and managed related statutory compliance (PF, ESIC, TDS, etc.)?
• Are you experienced in handling internal and external audits, including preparing required documents and coordinating with auditors
• Do you have experience in preparing MIS reports, such as RM outstanding, payment status, and follow-ups?
• Do you have experience in handling export/import transactions and forex conversions?

Experience:

• Finance within the manufacturing industry: 3 years (Required)

Work Location: In person