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Factory Commercial

Factory Commercial

V-GuardSikkim, India, India
1 day ago
Job description

Objective :

Ensure smooth functioning of factory operations and compliance to statutory / regulatory requirements and internal guidelines / standards pertaining to all finance-related activities such as invoice management, vendor management, fixed asset accounting, scrap management, and book closure & reporting activities.

Key Responsibilities :

Factory and Store Operations

  • Ensure robust controls and compliances for factory operations
  • Supervise factory store operations and ensure robust controls and standards
  • Work with FCC to establish robust controls for local purchase (e.g., non-PO spends)
  • Ensure process adherence and controls for scrap disposal at factory including approvals for identification, disposal, and vendor compliance for e-waste
  • Coordinate, escalate statutory / regulatory notices to FCC and ensure timely response / closure for the same (e.g., GST, transfer pricing, etc.)
  • Monitor factory-related compliances and escalate deviations
  • Provide inputs to AOP for factory-related expenses and capex
  • Work with CBS for providing inputs for managing capex (e.g., capitalization, disposal, monitoring)
  • Assist FCC in preparation / review of factory MIS and facilitate periodic reviews with Plant Head and follow-up on actions (including daily reviews)
  • Approve comparative statement, recommend vendors for local opex purchase as per DoA
  • Assist FCC / Plant Head in initiatives for operational excellence at the factory
  • Assist FCC in addressing audit queries and timely closure of outstanding items at the factory
  • Verify invoices for contract manpower and resolve discrepancies before payments
  • Act as custodian of the scanned and archived invoices (received locally)

Vendor Management

  • Review and resolve queries / disputes with vendors, including discrepancies for local vendors (not onboarded on vendor portal)
  • Assist in follow-ups and query resolution for periodic reconciliation for local vendors
  • Period-end Close Activities

  • Perform physical verification of assets and inventory as part of book closure activities (CFT) and prepare PIR report
  • Facilitate factory period-end / year-end closure activities and share with FCC for approval
  • Review and validate factory trial balance
  • Reconcile balances with vendors and job workers at the year-end.
  • Education, Experience & Skills

    Preferred Educational Requirements :

  • CWA / CA (Inter)
  • Experience and Skills :

  • Total relevant experience of 2–4 years
  • Knowledge of SAP – FI & MM modules
  • In-depth financial accounting and reporting knowledge
  • Teamwork and collaboration
  • Stakeholder management
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    Factory Factory • Sikkim, India, India

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