Finance Controller

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

Salary Range: ₹50,000 – ₹80,000 per month

Job Summary:

We are seeking a detail-oriented and experienced Senior Accountant to join our finance team in a manufacturing setup. The ideal candidate should have strong knowledge of accounting principles, banking coordination, payroll, vendor reconciliation, and statutory compliance. The role demands collaboration with cross-functional teams including HR, factory, and procurement departments.

Key Responsibilities:

• Verify payments of creditor bills processed by the team before submission to management.
• Review and validate credit/debit notes as per purchase and ensure correct deductions.
• Monitor Raw Material (RM) outstanding, ensure correct discounts, and follow up on payments.
• Perform vendor account reconciliations and resolve discrepancies promptly.
• Manage the company’s overall cash flow and ensure fund availability.
• Process salary payments accurately and ensure timely payment of statutory dues
• Attend and resolve finance-related queries from internal stakeholders and factory staff.
• Coordinate with plant teams for cash advances, petty cash management, and supplier payments.
• Handle all banking-related tasks, including loan processing, bank guarantees, LCs, and maintaining relationships with bankers.
• Support the Credit Controller with debtor follow-ups and assist in sales review meetings if needed.
• Verify LC documents and prepare documentation for bank submission.
• Prepare DP (drawing power) statements for banks.
• Assist in bank audits – documentation, email correspondence, and coordinating factory visits.
• Oversee export documentation, ensure USD-INR conversion tracking, and coordinate with banks for foreign transactions.
• Handle import payments, verify 15CA/CB forms, and ensure timely USD remittance.
• Verify factory petty cash statements and ensure smooth cash issuance.
• Attend to bank work for directors and handle related financial matters as required.
• Track and reconcile vendor advances, ensure material/service receipt, and collect refunds if needed.
• Ensure all recurring payments (rent, utilities, etc.) are processed on time.
• Handle timely renewal of insurance policies and coordinate claim settlements.

Required Qualifications & Skills:

• Minimum 3 years of accounting experience, preferably in a manufacturing environment.
• Proficiency in accounting software (e.g., Tally, SAP, or similar ERP tools).
• Strong understanding of vendor reconciliation, LC documentation, payroll, and statutory compliance.
• Good communication and coordination skills, especially with banks, factory staff, and internal teams.
• Ability to work independently and manage multiple financial functions simultaneously.

Preferred Qualifications:

• Experience handling export/import transactions and forex conversions.
• Knowledge of statutory forms like 15CA/CB and experience in bank audits.
• Familiarity with payroll compliance (PF, ESIC, TDS, etc.).

Job Type: Full-time

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

Benefits:

• Internet reimbursement
• Paid sick time
• Paid time off
• Provident Fund

Schedule:

• Day shift

Application Question(s):

• Do you have experience in preparing MIS reports, such as RM outstanding, payment status, and follow-ups?
• Do you have experience in manufacturing firm/company?
• 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?

Education:

• Bachelor's (Required)

Experience:

• Accounting: 3 years (Required)

Work Location: In person