Manager - Finance

About Company

The company operates in the specialty chemicals industry, focusing on producing a wide range of chemical intermediates and solutions used across diverse sectors.

Job Description

Key Responsibilities

1. Accounting Operations & Financial Statements

• Prepare fit-for-consolidation financial statements/data for subsidiaries as per Ind AS and Group reporting requirements.
• Reconcile:
  • General Ledger (GL)
  • Customer accounts
  • Vendor accounts
  • Inter-company balances
• Conduct detailed GL scrutiny, including:
  • Salary, PF, PT and ESIC reconciliation with GL
  • Identification and review of abnormal/unusual entries
  • Fixed-cost review and analysis
  • Other ledger-level control checks
• Ensure compliance with MSME provisions, including vendor classification, payment timelines and interest calculations under the MSME Act.
• Manage and understand end-to-end P2P and O2C processes for the trading business.
• Track and report monthly contingent liabilities, commitments and other financial statement disclosures.
• Prepare monthly stock statements and working capital balances.
• Prepare schedules, supporting workings and disclosures required for financial statements.
• Ensure compliance with the Companies Act, CARO, Ind AS and internal accounting policies.
• Identify accounting and process control gaps and recommend improvements to strengthen financial governance and operational efficiency.

2. Audit Support

• Coordinate with statutory auditors and provide required supporting data and documentation.
• Support the internal accounting team in preparing quarterly audit schedules and data.
• Perform quarterly P&L variance and Balance Sheet analysis and explain significant movements.
• Respond to audit queries and ensure timely resolution of audit observations and findings.
• Prepare and maintain documentation for:
  • Internal Financial Controls (IFC)
  • General IT Controls (GITC)
  • Risk Control Matrix (RCM)
  • Other audit and control requirements

3. Compliance & Regulatory Reporting

• Stay updated on amendments and developments relating to:
  • Ind AS
  • Companies Act
  • CARO
  • MSME regulations
  • Other applicable financial reporting and accounting requirements
• Assess the impact of regulatory changes on accounting and reporting processes.
• Support timely implementation of regulatory changes.

4. Process Improvement & Internal Controls

• Identify opportunities to improve the efficiency and accuracy of financial statement preparation and accounting processes.
• Strengthen internal controls and financial governance across relevant processes.
• Implement best practices to streamline:
  • Reporting workflows
  • Reconciliations
  • Audit preparation
  • Month-end/quarter-end closing activities
• Support automation and process standardization wherever appropriate.

Qualification & Experience

• Qualified Chartered Accountant (CA).
• 1.5–2.5 years of relevant post-qualification experience in financial reporting, accounting, audit or controllership.
• Strong knowledge of Ind AS and financial reporting; IFRS exposure preferred.
• Experience in:
  • Accounting operations
  • Financial statement preparation
  • Reconciliations
  • Audit support
  • Statutory compliance
• Working knowledge of SAP and advanced Microsoft Excel.
• Exposure to payment procedures, accruals, costing, reconciliations and working capital management.

Key Competencies

• Strong technical accounting and financial reporting knowledge.
• Excellent analytical and problem-solving skills.
• Strong attention to detail and accuracy.
• Good understanding of internal controls and audit processes.
• Ability to interpret financial data and identify significant variances.
• Strong communication and presentation skills.
• Ability to coordinate effectively with auditors, internal teams and business stakeholders.
• Ability to manage multiple priorities and meet tight reporting deadlines.
• Strong ownership, integrity and commitment to financial accuracy.