Finance

Role & responsibilities:

. Get Month-End / Year-End Close (MEC/YEC)

• Drive timely month-end and year-end closure as per corporate calendar.
• Coordinate with FP\&A, SCM, HR, and Projects to ensure all adjustments are captured.
• Validate trial balance, investigate unusual entries, and ensure cut-off accuracy.
• Prepare and submit financial statements for plant location.

Balance Sheet Reconciliation & Control

• Prepare monthly balance sheet schedules for key accounts (provisions, advances, deposits, taxes, etc.).
• Investigate ageing items and ensure timely clearing of open items.
• Provide audit-ready reconciliations with full supporting documents.
• Maintain tracker for GLs with risks, actions, and ownership.

Journal Entry Management

• Record and validate recurring and non-recurring journal entries (JEs) in ERP
• Ensure preper GL coding, cost center tagging, and documentation for each entry.
• Monitor accruals for expenses (e.g., utilities, freight, employee benefits) and reverse them accurately.
• Ensure journal entries comply with Ind AS and corporate accounting policies.

Intercompany & Related Party Accounting

• Process intercompany transactions with holding company and sister subsidiaries (eg, raw material transfers, services, royalties).
• Reconcile intercompany balances monthly and resolve mismatches promptly. Ensure arm's length pricing, GST implications, and documentation for related party disclosures.
• Coordinate with holding company for group-level consolidation timelines.

General Ledger (GL) Accounting

• Maintain accurate and real-time updates of all GLs for each plant and the corporate entity.
• Map cost centers and profit centers property for granular tracking.
• Perform monthly closing activities accruals, adjustments, reclasses.
• Reconcile sub-ledgers (AP, AR, Fixed Assets, Payroll) with GL.

Statutory Financial Reporting (Standalone)

• Prepare monthly, quarterly, and annual financials (P\GL, Balance Sheel, Cash Flow) in compliance with Ind AS.
• Support consolidation under the listed parent entity as per SEBI and MCA requirements.
• Ensure proper segment and geographical reporting (if applicable).
• Coordinate with external auditors and corporate finance for disclosures, notes to accounts, and audit queries.

Internal Controls & Audit Support

• Maintain proper finance functions documentation and SoD (Segregation of Duties) across
• Prepare audit trails for all closing entries, reconciliations, and adjustments.
• Support internal, statutory, tax, and group auditors with reconciliations, workings, and analysis.
• Address audit points and track closure through action plans.

Systems, Integration & Process Automation

• Operate R2R processes using ERP (e.g. SAP S/4HANA, with Fiori dashboards). Leverage automation tools for journal entry uploads, reconciliations, and close calendar monitoring.
• Ensure master data hygiene in chart of accounts, cost centers, and plants.
• Standardize processes across plants through shared services or corporate guidance.

Collections Management

• Oversee timely collection of receivables across all customer accounts.
• Implement structured collection processes to reduce overdus accounts and improve aging metrics.
• Partner with legal or third-party collection agencies on delinquent accounts when needed.

Accounts receivable Reconciliation

• Ensure prompt and accurate application of customer payments to the correct
• Invoices Oversee reconciliation of AR subledger to the general ledger.
• Investigats and resolve unapplied payments and discrepancies.

Mandatory Skills:

1. Accounts receivable process management

2. Crede risk assessment and control

3. Cash flow and working capital optimization

4. Bad datt previsioning and recovery

5. Internal contrata and compliance

6. Coal accounting and variance analysie

7. Inventory management and valuation

8. Plant-level financial reporting

Desired Skills

1. Strong experience in Monthly, quarterly and year end closing of books of the company.

2. Experience in Plant financials reporting and preparation of MIS

3. Strong expertise in Ind-AS

4. -Accounts reconciliation process

5. Proficiency in SAP or other ERP software.

6. Experience with CARO (Companies Auditer's Report Order) Ability

7. to collaborate effectively with the operations, finance, and audit teams. Strong analytical skills for variance analysis and reconciliation tasks.