Finance Manager - Hyderabad, India - Eruvaka Technologies

Description

Handling Audits, Ensuring Internal controls are in place and effective, Factory cost Management and Inventory Management.

Role& Responsibilities:
Maintenance of books of accounts to ensure books are updated regularly with accuracy on accrual basis.

Closure of Books of Accounts on a monthly basis, with proper estimation of Provisions by 3rd date of every monthImport duty payments vs tax credit claimingAnalysis of expenses actual vs budgeted and sharing report to respective deptInventory Analysis on a monthly basis, to analyze slow moving, obsolete stock - consumption accounting as per pattern confirmed by operations teamAnalysis of purchase price trends for critical Raw Materials, Highlighting the impact on Product gross margins.

Analysis of Fixed expenses Vs budget, analysing the reason for variations, recommending solutions to control expensesEnsure proper accounting between Capital & Revenue expensesJob work charges with respective products and compliance as per GSTAuthorisation of Export invoices to Ensure Duty Draw back, Advance Authorisations and other Custom document complianceApproval of Price change or Customer pricing in ERPVendor Advance management - Bills accounting & taxationCreditors ageing analysis in periodicalCash flow statement submission on fortnight basisFixed Assets register maintenanceFixed Assets verification twice in a year Sep/MarAnalysis of Factory expenses trends and controls from security inward to dispatchesPeriodic Account confirmations with Business Partners - confirmation on half yearlyCreation of GL master and Material Master in ERPCredit Control on Billing, requesting for approval to release credit lockImplementation of IFCSInternal audit - Conduct detailed audit procedures to control the leakages of expenses & process

Education :
CA/CMA/CA Inter/ MBA with relevant years of Experience will be considered.