Senior Accounting Associate

Senior Accountant (Semi - Qualified CA) (Location : Bangalore)

We are looking for Semi-Qualified Chartered Accountant, with accounting experience in Purchase and Production to join our 50-member accounts team headed by CFO (FCA).

Location : Bangalore

No. of Openings : Semi-Qualified Chartered Accountant : 1 (Post articles experience : 2 to 3 years)

You will be working from our Head Office in Bangalore-KA. (this is not a Work from Home position).

You must have excellent analytical skills with a thorough knowledge of accounting standards on accounting of Inventory purchases and accounting of production at Manufacturing facility. You should also have experience in collaborating and / or managing a team of accountants. You will be a part of around 50-member accounts team headed by CFO (FCA) and several qualified CAs.

Responsibilities include :

1. Review of Import and local purchases of Inventory and accounting thereof.

2. Possess good analytical skills to review BOM and costs associated with production. Should ensure production is in accordance with BOM and the deviations from BOM are reviewed, approved and documented.

3. Ensure that the movement of Inventory at all the levels is appropriately approved and adequately documented.

4. Monitor and reconcile the scrap accumulation and disposals at the Factory.

5. Analyse the consumption of Factory consumables and monitor the costs to reduce the wastages.

6. Get the books of Accounts audited by the Cost auditors and ensure compliance with cost accounting principles.

7. Review and monitor the submissions made to banks for IDPMS and follow up with banks on clearance.

8. Plan for cycle counts for Inventory at various branches and reconcile with books of accounts and conduct surprise checks at various branches.

9. Actively participate and support in Statutory audit of Financials, Internal audits and liaise with auditors .

10. Ensure that internal controls are followed, identify errors, gaps, inefficiencies and suggest new controls or update SOPs as needed.

11. Review of Goods-in-Transit, Work-in-Progress, Advances paid to vendors, Accounts Payable, Bill wise aging and preparation of various schedules required for month end closure of books and financials.

12. General accounting operations, controlling and verifying financial transactions and supporting documents.

13. Have expertise in Indian GAAP and Accounting Standards.

14. Acquaintance with rules and regulations under RBI, FEMA, Customs, GST, etc. is a must.

15. Must have worked on any ERP and hands on with Microsoft NAV ERP systems is an added advantage.

16. Must be flexible in taking up any other tasks assigned by your manager or CFO.