Head Account & Finance

Department: Accounts & Finance
Location: Plant / Manufacturing Unit location to be added
Reports to: Managing Director / Director / CEO
Direct reports: Manager / Sr. Manager Accounts Finance & Costing Taxation & Compliance Executives Accounts Executives Store & Purchase Accounting Staff
Employment type: Full-time Permanent
Experience required: 15 years with at least 5 years in a leadership role in a manufacturing set-up

KBPL is looking for a hands-on and accomplished Head of Accounts & Finance to own and lead the complete finance function of our manufacturing plant. The person will be fully accountable for accurate and timely accounting statutory compliance direct and indirect taxation costing budgeting cash flow and financial reporting and will guide and supervise the entire accounts and finance team.

The ideal candidate combines strong technical depth in accounting and taxation with a practical understanding of plant operations and is a leader who can build a disciplined team strengthen internal controls and act as a trusted financial adviser to top management.

Oversee day-to-day accounting: purchase sales journal bank cash fixed assets and inventory accounting with timely and accurate booking of all entries.

Ensure monthly quarterly and annual closing within defined timelines including accruals provisions prepaid items and reconciliations.

Prepare and review Profit & Loss account Balance Sheet Cash Flow Statement and MIS reports for management.

Ensure books are maintained as per Companies Act 2013 applicable Accounting Standards (Ind AS / AS) and sound accounting policies.

Review and ensure regular reconciliation of bank vendor customer inter-unit and GST/TDS ledgers.

Lead preparation of audit schedules and coordinate statutory internal tax and cost audits.

Supervise inventory accounting for raw material WIP finished goods stores and spares; monitor valuation methods and stock reconciliation with physical verification.

Oversee product costing BOM-based cost sheets standard vs actual cost analysis and variance reporting (material labour overhead yield and wastage).

Monitor production cost scrap consumption norms and conversion cost and recommend cost-reduction measures.

Ensure accounting of job work subcontracting returnable and non-returnable challans and goods in transit.

Oversee fixed asset capitalisation CWIP depreciation asset tagging and verification.

Support pricing quotation and margin analysis for products and customers.

Ensure compliance with the Income Tax Act: advance tax computation and payment return filing tax audit (Form 3CA/3CB-3CD) assessments and notice replies.

Oversee TDS and TCS: correct deduction deposit quarterly returns (24Q 26Q 27Q) TDS certificates reconciliation with Form 26AS / AIS and lower-deduction matters.

Handle tax planning deferred tax computation and transfer pricing compliance where applicable.

Represent the company before tax authorities appellate bodies and consultants.

Own end-to-end GST compliance: GSTR-1 GSTR-3B GSTR-9/9C ITC reconciliation (GSTR-2A/2B vs books) e-invoicing e-way bill and RCM compliance.

Ensure correct classification (HSN) rate application ITC eligibility blocked credits and timely ITC utilisation.

Manage refunds (including export / inverted duty structure) LUT and compliance for exports and SEZ supplies where applicable.

Handle GST audits departmental queries show-cause notices assessments and appeals.

Keep track of customs excise-related residuals professional tax and other indirect or local levies relevant to the business.

Ensure timely compliance under the Companies Act (ROC filings board and AGM financial requirements MSME payment rules including Form MSME-1 and Section 43B(h) implications).

Oversee PF ESI professional tax labour-welfare and bonus-related financial compliances in coordination with HR.

Ensure compliance with RBI / FEMA norms for imports exports foreign remittances and forex transactions where applicable.

Maintain a compliance calendar monitor due dates and eliminate penalties interest and notices.

Track changes in tax accounting and corporate law and implement them proactively.

Lead preparation of annual budgets rolling forecasts and capex plans in coordination with production procurement and sales.

Monitor budget vs actual performance and present variance analysis with corrective actions.

Evaluate capital expenditure proposals ROI payback and project feasibility.

Provide financial inputs for expansion new product launches make-or-buy and pricing decisions.

Manage cash flow fund planning and daily / weekly liquidity position.

Control working capital: receivables payables and inventory cycles; drive collections and negotiate vendor credit terms.

Manage banking relationships working capital limits term loans LC / BG stock statements and bank audits and renewals.

Ensure compliance with loan covenants and lender reporting; manage forex exposure and hedging where relevant.

Design implement and monitor internal financial controls (IFC) SOPs and authorisation matrices across purchase stores production sales and finance.

Prevent leakages fraud and errors through regular checks reviews and system controls.

Ensure timely closure of audit observations and implement recommendations of internal and statutory auditors.

Safeguard company assets and ensure correct documentation and approvals for all financial transactions.

Ensure effective use of ERP / accounting software (Tally / SAP / Oracle / Zoho or equivalent) with accurate master data and controls.

Drive automation of reporting reconciliations GST and TDS workflows and MIS dashboards.

Continuously streamline processes between stores purchase production dispatch and accounts.

Lead guide mentor and supervise the entire accounts and finance team; define roles targets and accountability.

Allocate work review output set closing and compliance deadlines and ensure discipline and quality of work.

Conduct performance appraisals identify training needs and build a second line of leadership.

Build a culture of integrity ownership accuracy and timeliness.

Act as financial adviser to the Director / MD and the leadership team with clear and timely MIS and insights.

Coordinate with production purchase stores sales HR and logistics for smooth financial operations.

Interface with statutory auditors tax consultants bankers lenders regulators and legal advisers.

Support due diligence funding investor or group reporting requirements as needed.

Essential

Chartered Accountant (CA) is mandatory. CMA / MBA (Finance) will be an added advantage.

15 years of overall experience in accounts and finance with a minimum of 5 years as Head / Senior Manager of Finance in a manufacturing plant.

Proven hands-on experience in end-to-end accounting costing GST TDS income tax statutory audit and compliance.

Experience leading a finance team of 8-15 members or more.

Preferred

Experience in mid-size owner-managed or growing manufacturing companies.

Exposure to bank funding export-import transactions and ERP implementation or migration.

Experience handling tax assessments GST audits and litigation.

Technical

Thorough knowledge of the Companies Act Income Tax Act GST laws Accounting Standards TDS / TCS provisions and cost accounting.

Strong command of manufacturing accounting inventory valuation and cost control.

Advanced proficiency in MS Excel ERP / accounting software and MIS tools.

Strong analytical budgeting and financial modelling skills.

Behavioural

Strong leadership people management and decision-making ability.

High integrity confidentiality and ethical conduct.

Hands-on and detail-oriented with a strategic outlook.

Excellent communication and presentation skills with senior management auditors and authorities.

Ability to work under pressure meet deadlines and manage multiple priorities.

Proactive solution-oriented and process-driven.

Monthly book closing within X working days of month end target to be set e.g. 7 days.

100% timely filing of GST TDS Income Tax PF / ESI and ROC returns with zero penalty or interest.

Accuracy of financial statements and zero major audit qualifications.

Reduction in debtor days inventory days and improvement in working capital cycle.

Budget vs actual variance within an agreed range.

Timely and accurate delivery of MIS and costing reports.

Closure of audit observations within agreed timelines.

Team performance attrition skill development and process improvements.

Full accountability for the plants accounts finance taxation costing and compliance functions.

Authority to approve payments vouchers and finance decisions as per the delegation of authority set by management.

Authority to recruit assign evaluate and recommend rewards or action for finance team members.

Sign-off on statutory filings bank submissions and financial statements along with the Director / authorised signatories.

Based at the manufacturing plant working regular hours with flexibility during month-end quarter-end year-end and audit periods.

Occasional travel to the head office banks consultants tax offices and other locations.

Essential

Chartered Accountant (CA) is mandatory. CMA / MBA (Finance) will be an added advantage.

15 years of overall experience in accounts and finance with a minimum of 5 years as Head / Senior Manager of Finance in a manufacturing plant.

Proven hands-on experience in end-to-end accounting costing GST TDS income tax statutory audit and compliance.

Experience leading a finance team of 8-15 members or more.

Preferred

Experience in mid-size owner-managed or growing manufacturing companies.

Exposure to bank funding export-import transactions and ERP implementation or migration.

Experience handling tax assessments GST audits and litigation.