Finance Manager

  • Hyderabad
  • Eruvaka Technologies
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 month Import duty payments vs tax credit claiming Analysis of expenses actual vs budgeted and sharing report to respective dept Inventory Analysis on a monthly basis, to analyze slow moving, obsolete stock - consumption accounting as per pattern confirmed by operations team Analysis 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 expenses Ensure proper accounting between Capital & Revenue expenses Job work charges with respective products and compliance as per GST Authorisation of Export invoices to Ensure Duty Draw back, Advance Authorisations and other Custom document compliance Approval of Price change or Customer pricing in ERP Vendor Advance management - Bills accounting & taxation Creditors ageing analysis in periodical Cash flow statement submission on fortnight basis Fixed Assets register maintenance Fixed Assets verification twice in a year Sep/Mar Analysis of Factory expenses trends and controls from security inward to dispatches Periodic Account confirmations with Business Partners - confirmation on half yearly Creation of GL master and Material Master in ERP Credit Control on Billing, requesting for approval to release credit lock Implementation of IFCS Internal 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.