Assistant Manager – Accounts Payable, Costing & Budgeting - Ahmedabad

About the Role

We are seeking a highly competent Assistant Manager – Accounts Payable with strong exposure to Costing and Budgeting functions within a manufacturing environment. The ideal candidate should possess excellent analytical skills, hands-on experience in accounts payable processes, cost accounting, budgeting, and financial controls.

Candidates with ICWA/CMA qualification and manufacturing industry experience will be preferred.

 

Key Responsibilities

Accounts Payable

• Manage end-to-end Accounts Payable processes, including vendor invoice verification, accounting, and payment processing.
• Ensure timely and accurate vendor payments and reconciliation of supplier accounts.
• Monitor outstanding payables and resolve discrepancies with vendors and internal stakeholders.
• Ensure compliance with company policies, statutory regulations, and internal controls.

• Costing & Cost Control (Mandatory)

• Prepare and analyze product costing, standard costing, and variance reports.
• Monitor manufacturing costs and identify opportunities for cost optimization.
• Conduct cost analysis related to raw materials, production processes, and overheads.
• Support management with cost-saving initiatives and profitability analysis.

• Budgeting & Financial Planning (Mandatory)

• Assist in the preparation of annual budgets and periodic forecasts.
• Track actual performance against budgets and perform variance analysis.
• Coordinate with department heads for budget planning and monitoring.
• Prepare MIS reports and financial insights for management review

• Financial Controls & Reporting

• Support month-end and year-end closing activities.
• Ensure accurate accounting entries and ledger reconciliations.
• Assist in statutory, internal, and cost audits.
• Maintain compliance with accounting standards and company policies.

• Desired Candidate Profile

• 5–10 years of experience in Accounts Payable within a manufacturing company.
• Mandatory experience in Costing and Budgeting.
• Strong understanding of manufacturing accounting and cost structures.
• Experience in vendor management and financial reporting.
• Exposure to ERP systems and advanced Excel.
• Strong analytical and problem-solving skills.