Chartered Accountant

#candidate to be from Vadodara

Role Summary

We are seeking a hands-on Chartered Accountant to lead cost & inventory accounting, statutory compliance, and plant-level financial controls in a manufacturing setup. The ideal candidate is proficient in standard costing , BOM/route accounting , variance analysis , inventory governance , and GST/compliance , and can partner with production, SCM, and quality functions to drive profitability, working capital efficiency, and audit readiness.

Key Responsibilities

1) Costing & Profitability

• Develop and maintain standard cost , BOM/BOQ cost sheets , and routing costs (labor, machine rates, overhead absorption).
• Perform variance analysis (PPV, usage/yield, labor efficiency, overhead absorption) and drive corrective actions with Operations/SCM.
• Support cost audits , cost records (if applicable), and product/customer profitability analysis .
• Monitor manufacturing overheads ; recommend cost optimization initiatives.

2) Inventory & Working Capital Control

• Design and enforce inventory control frameworks : cycle counts, ABC classification, safety stock, reorder points, SLOB (slow & obsolete), and inventory ageing .
• Oversee GRN to invoice matching, MRP/production postings , WIP valuation , and FG valuation under applicable standards.
• Reconcile physical vs. book inventory ; lead quarterly/annual stock takes and investigate discrepancies.
• Drive working capital improvement: DIO reduction, materials yield, scrap accounting, and return-to-vendor processes.

3) Financial Accounting & Compliance

• Ensure accurate GL , sub-ledger , closing & reporting (monthly/quarterly/annual).
• Prepare MIS : P&L by plant/product line, contribution margin, variance dashboards, cash flow, and working capital reports.
• Manage GST (returns, reconciliations, e-invoicing/e-way bills), TDS/TCS , income tax support, and Companies Act compliance in coordination with external advisors.
• Coordinate statutory, internal, and cost audits ; close observations with timely remediation.

4) ERP & Process Excellence

• Own finance-related ERP master data and process controls (SAP/Oracle/Tally/ERPNext—adjust as applicable).
• Implement SOPs for inventory movements, inter-plant transfers, subcontracting, and job-work accounting.
• Strengthen controls & documentation (DOA, 3-way match, maker-checker, segregation of duties).

5) Cross-Functional Collaboration

• Partner with SCM/Production/Quality on material planning, yield improvement, and NCR/returns.
• Support new product introductions with cost roll-ups and financial feasibility.
• Provide financial insights for capex proposals (IRR/NPV), make-vs-buy , and vendor negotiations.

Required Qualifications & Skills

• CA (Chartered Accountant) — mandatory.
• 7–8 years of post-qualification experience in manufacturing (discrete/process industries).
• Strong in cost accounting , standard costing , BOM/WIP valuation , and inventory controls .
• Hands-on with GST , TDS , Income Tax compliances, and audit coordination.
• Proficiency in ERP (SAP/Oracle/Tally or similar), advanced Excel , and Power BI/Tableau exposure preferred.
• Analytical mindset with ability to translate financial insights into operational actions .
• Excellent communication; ability to challenge and coach cross-functional teams.
• High integrity, detail orientation, and ownership in a plant environment.

Preferred Exposure (Nice to Have)

• Experience in electrical components/equipment manufacturing (aligns with your industry).
• Knowledge of cost records rules (where applicable).
• Familiarity with e-invoicing , e-way bill workflows , job-work/subcontracting accounting.
• Prior implementation or optimization of cycle counting/ABC analysis and SLOB reduction projects.