The Assistant Manager – Finance & Accounts will be responsible for managing accounts payable, domestic and import purchase accounting, vendor payments, inventory accounting, statutory compliances, and financial reporting.
The role requires strong knowledge of GST, TDS, customs duty, CAPEX accounting, depreciation, inventory management, and SAP. The candidate will work closely with the Finance team to ensure accurate accounting, timely financial closures, effective inventory controls, and compliance with applicable statutory requirements.
Manage accounting of domestic and import purchases.
Verify purchase invoices against security inward and Quality Control (QC) acceptance.
Validate Goods Receipt Notes (GRNs) against purchase orders for rate and quantity accuracy.
Process accounts payable invoices in SAP by linking them with corresponding GRNs.
Manage vendor payments, supplier reconciliations, and balance confirmations.
Validate local freight, export freight, import freight, and clearing bills.
Handle accounting of import purchases and related transactions.
Calculate landed costs before GRN creation and pass landed cost entries by linking GRNs.
Account for customs duty and IGST paid on import purchases.
Assess Reverse Charge Mechanism (RCM) applicability and account for RCM liabilities in SAP.
Handle clearing and forwarding operations related to imported goods.
Submit Bills of Entry (BOE) for import remittances to banks.
Coordinate submission of shipping bills for export transactions.
Ensure appropriate accounting of eligible and blocked GST input tax credits.
Understand GST applicability and ensure accurate accounting.
Handle TDS applicability, threshold limits, rates, deductions, and accounting.
Ensure compliance with statutory requirements relating to purchases and inventory.
Manage MSME declarations and vendor confirmations.
Manage inventory accounting and ensure accurate stock reporting.
Prepare non-moving inventory reports and provisions.
Monitor inventory ageing and closing stock.
Handle accounting of inventory write-offs, spares, and consumables in SAP.
Validate approvals for inventory write-offs related to warranty replacements and other requirements.
Support monthly accounting of consumables and spares write-offs.
Prepare inventory-related reports, including Net Realisable Value (NRV).
Validate CAPEX invoices against approved purchase orders.
Handle CAPEX accounting and related documentation.
Manage monthly depreciation accounting.
Account for the sale and disposal of fixed assets.
Ensure accurate accounting and reconciliation of capital expenditure.
Prepare monthly inventory reports and closing stock statements.
Support preparation of purchase and sales registers.
Prepare inventory ageing reports.
Support preparation of trading accounts and Cost of Goods Sold (COGS) for quarterly financial reporting.
Provide cost details required for cost audits.
Prepare year-end provisions and support closure of books of accounts.
Support inventory audits, statutory audits, and other financial audits.
Prepare stock reports required for stock audits.
Handle creditor write-offs and write-backs as required.
Ensure timely completion of financial documentation and reconciliations.
Take up additional responsibilities as required by the Finance department.
Commerce Graduate with 5–8 years of relevant experience.
CA Inter qualification will be an added advantage.
Prior experience working in a manufacturing company is required.
Experience progressing from a junior accounting position towards managerial responsibilities.
Working knowledge of SAP B1 or SAP R3 is preferred.
Strong knowledge of purchase accounting, accounts payable, inventory accounting, and statutory compliance.
Ability to work independently, take initiative, and manage responsibilities effectively.
Accounts Payable & Purchase Accounting
Domestic & Import Accounting
Vendor Payments & Reconciliation
GST & Input Tax Credit
TDS Compliance & Accounting
Customs Duty & Import Accounting
RCM Accounting
Inventory Accounting & Valuation
CAPEX Accounting
Fixed Assets & Depreciation
Landed Cost Accounting
GRN & Purchase Order Validation
SAP B1 / SAP R3
Advanced Microsoft Excel
MIS Reporting
Trading Account & COGS
Statutory & Inventory Audits
BOE & Import Remittances
Financial & Accounting Acumen
Analytical Thinking
Attention to Detail
Vendor Management
Problem Solving
Planning & Organisation
Statutory Compliance
Time Management
Ownership & Accountability
Independent Working
Cross-Functional Coordination
Financial Reporting Accuracy
