Accounts Officer

• Team Management: Leading and mentoring the accounts team, work allocation, assigning tasks, conducting performance reviews and reporting on a daily basis, and supporting professional development
• Cross-Department Collaboration: Collaborating with other departments (such as Procurement, Plant, Sales, Transport, and Purchase to provide financial insights and support decision-making
• Financial Statements: Preparing and reviewing financial statements, including profit and loss statements, balance sheets, and cash flow statements, to provide accurate insights into the companys financial health.
• Budget Analysis: Analyzing budget variances, monitoring financial performance, and providing recommendations to help meet the financial goals of the company.
• Monthly and Quarterly Reporting: Generating detailed financial reports on a monthly and quarterly basis to keep senior management informed of key financial metrics and trends.
• Accounts Payable (AP): Overseeing payments to suppliers, including farmers, packaging providers, and equipment suppliers, ensuring timely payments to maintain good vendor relationships.
• Accounts Receivable (AR): Managing billing and collections from distributors, wholesalers, and retailers to ensure a steady cash flow.
• Cost Analysis & accounting: Applying cost accounting techniques to analyze and allocate costs accurately, especially related to production, labor, and raw materials to identify areas where cost reductions are possible.
• Expense Tracking: Monitoring expenses across departments to ensure spending stays within budget and aligns with business objectives.
• Inventory Valuation & reconciliation: Effectively assessing and valuing stock in collaboration with production and inventory teams helps in cost control and effective inventory management. Regular stock reconciliations are also carried out, and records are adjusted as necessary.
• Cash Flow Forecasting: Managing cash flow forecasts to ensure the company has sufficient funds for operations and can cover financial obligations.
• Regulatory Compliance: Ensuring that financial practices comply with industry regulations, tax laws, and accounting standards, such as GAAP or IFRS.
• Payroll Processing: Overseeing the payroll process to ensure accurate and timely payment of employee wages, benefits, and bonuses.
• Tax Deductions and Compliance: Ensuring proper tax deductions, withholdings, and compliance with labor laws related to employee compensation.
• Internal Audits: Conducting or supporting internal audits to verify financial records and processes, Stock Auditing identifying and addressing any discrepancies.
• External Audits: Coordinating with external auditors by providing required financial data and documentation for the annual audit process.
• Forecasting and Projections: Creating financial projections to support strategic planning, and identifying trends, and potential challenges.
• Financial Strategy: Collaborating with senior management to develop financial strategies that align with long-term business goals, such as cost savings, profitability, and growth.
• Liquidity Management: Monitoring cash reserves, optimizing receivables and payables, and maintaining a balanced cash flow for smooth operations.
• Risk Assessment: Identifying financial risks, such as currency fluctuations, changes in milk prices, or supplier disruptions, and developing strategies to mitigate these risks.
• Insurance Management: Ensuring the company has adequate insurance coverage for financial assets, property, and liability risks.
• Waste and Spoilage Tracking: Monitoring and analyzing waste and spoilage rates to help improve production efficiency and reduce financial losses.
• Training and Development: Providing training on financial processes, budgeting, and compliance to ensure consistent and accurate financial practices across the company.
• GST filing (GSTR1) to be done on 11th of every month
• TDS filing is to be done on the 7th of every month
• Advance tax payments are to be paid quarterly and regularly
• Tax audit to be done before September of every year
• IT filing to be done before July of every year
• GST-related queries & cases follow up
• Stock statement to be uploaded on time for banking purposes
• Bank-related documents like handling, preparation, submission
• Statutory compliance of staff such as PF, ESI, and insurance work to be done
• Ensuring collection center datas to be uploaded in the internal software
• Reports submission - P&L, BS, PMR, Budget & Forecast report, Production costing report, Expense report, GST comparison statement report.

Contact :

HR - 7598750002

Walkin : Manna Dairy Farm, Kanjiracode, Changai Bus Stop, Marthandam, Kanyakumari District - 629155