Manager - F&A

Role & Key Deliverables

This position is to provide an effective Financial Accounting & Control for
Manufacturing ,Commercial function for Plant.

Essential Duties and
Responsibilities

1. General accounting & book closure
- Performing General Ledger Scrutiny & reconciliations on
Monthly/Quarterly/Yearly basis
- Ensuring compliance with Month End Check list for month end closure as
per organizational requirement
- Review & Booking of Accruals through close coordination with cross
functional teams to ensure completeness & accuracy
- Review & Booking of Prepaid expenses through close monitoring &
regular updating
- Ensure Balance sheet GL SL reconciliation for key GLs on
Monthly/Quarterly basis
2. Statutory, Internal & other Audit Support
- Preparation of Balance Schedules in the format circulated by Central
Audit team
- Ensure that all schedules are tied up with GLs & necessary
reconciliation provided
- Providing necessary input for periodic internal audits & inspections
- Coordination for Internal & external Physical Inventory verifications
- Assessing & addressing various audit queries raised during Statutory/
Tax/ Transfer Pricing/ Physical Verification/ & departmental audits
conducted by Internal/ External or departmental authorities
3. Management reporting, monitor and analysis
- Monitor expenses vs budget
- Analyze variances between budget and actuals at all P&L line items
including raw material and manufacturing overheads
- working capital tracking and reporting
- Segment level/ Brand level profitability analysis and reporting
- Preparation of monthly financial statements with analysis for
management reporting
- Preparation of annual budgets
- Regular reviews with Plant Admin & Management team for control &
improvements

Merino industries Limited
Job Description

4. Tax Compliance
- Validation of periodic returns data for GST/TDS/TCS or any other
statutory return/information that required to be furnished as per
requirement
- Responding to tax notices/queries raised by various statutory
authorities
- Ensuring Tax GL reconciliation with ERP GL on monthly/periodic basis
- ITC matching with 2A/2B & relevant accounting effects (eg. Reversal,
deferral etc.)
- Coordination for various Departmental audits
- Furnishing required inputs/details in a timely manner to facilitate
departmental audit/inspection
5. Capex Accounting, Monitoring & Tracking
- Monitoring Capex with respect to PO/LOI commitment
- Validation of Note for approval (NFA) for proposed capital expenditure
against respective budgets
- Review of CWIP List for long pending items & ensure its timely
settlement
- Coordination for installation confirmation from user/buyer for timely
capitalization
- Preparation of Monthly asset register & submission for further review
- Ensuring Physical Verification & Tagging of assets as per guidelines
- Facilitating Disposal/Transfer of assets as per guidelines & approvals
- Ensuring appropriate accounting effects wrt to assets
acquisition/transfer/disposal & scrapping of assets