Head Account & Finance

Job Description: Head – Accounts & 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.

A. Accounting & Financial Reporting

purchase, sales, journal, bank, cash, fixed assets and inventory accounting,

with timely and accurate booking of all entries.

annual closing within defined timelines, including accruals, provisions,

prepaid items and reconciliations.

Loss account, Balance Sheet, Cash Flow Statement and MIS reports for

management.

per Companies Act, 2013, applicable Accounting Standards (Ind AS / AS) and sound

accounting policies.

reconciliation of bank, vendor, customer, inter-unit and GST/TDS ledgers.

schedules and coordinate statutory, internal, tax and cost audits.

B. Manufacturing Plant Accounting & Costing

for raw material, WIP, finished goods, stores and spares; monitor valuation

methods and stock reconciliation with physical verification.

BOM-based cost sheets, standard vs actual cost analysis and variance reporting

(material, labour, overhead, yield and wastage).

consumption norms and conversion cost, and recommend cost-reduction measures.

subcontracting, returnable and non-returnable challans, and goods in transit.

capitalisation, CWIP, depreciation, asset tagging and verification.

margin analysis for products and customers.

C. Direct Taxation

Income Tax Act: advance tax computation and payment, return filing, tax audit

(Form 3CA/3CB-3CD), assessments and notice replies.

deduction, deposit, quarterly returns (24Q, 26Q, 27Q), TDS certificates,

reconciliation with Form 26AS / AIS, and lower-deduction matters.

tax computation, and transfer pricing compliance where applicable.

tax authorities, appellate bodies and consultants.

D. Indirect Taxation (GST and others)

GSTR-1, GSTR-3B, GSTR-9/9C, ITC reconciliation (GSTR-2A/2B vs books),

e-invoicing, e-way bill and RCM compliance.

(HSN), rate application, ITC eligibility, blocked credits and timely ITC

utilisation.

export / inverted duty structure), LUT, and compliance for exports and SEZ

supplies, where applicable.

queries, show-cause notices, assessments and appeals.

excise-related residuals, professional tax, and other indirect or local levies

relevant to the business.

E. Statutory & Regulatory Compliance

the Companies Act (ROC filings, board and AGM financial requirements, MSME

payment rules including Form MSME-1 and Section 43B(h) implications).

tax, labour-welfare and bonus-related financial compliances in coordination

with HR.

FEMA norms for imports, exports, foreign remittances and forex transactions,

where applicable.

monitor due dates and eliminate penalties, interest and notices.

accounting and corporate law and implement them proactively.

F. Budgeting, Forecasting & Financial Planning

budgets, rolling forecasts and capex plans in coordination with production,

procurement and sales.

performance and present variance analysis with corrective actions.

proposals, ROI, payback and project feasibility.

expansion, new product launches, make-or-buy and pricing decisions.

G. Treasury, Working Capital & Banking

and daily / weekly liquidity position.

receivables, payables and inventory cycles; drive collections and negotiate

vendor credit terms.

working capital limits, term loans, LC / BG, stock statements, and bank audits

and renewals.

covenants and lender reporting; manage forex exposure and hedging where

relevant.

H. Internal Controls, Audit & Risk Management

internal financial controls (IFC), SOPs and authorisation matrices across

purchase, stores, production, sales and finance.

errors through regular checks, reviews and system controls.

observations and implement recommendations of internal and statutory auditors.

ensure correct documentation and approvals for all financial transactions.

I. ERP, Systems & Process Improvement

accounting software (Tally / SAP / Oracle / Zoho or equivalent) with accurate

master data and controls.

reconciliations, GST and TDS workflows and MIS dashboards.

processes between stores, purchase, production, dispatch and accounts.

J. Team Leadership & Management

supervise the entire accounts and finance team; define roles, targets and

accountability.

set closing and compliance deadlines, and ensure discipline and quality of

work.

identify training needs, and build a second line of leadership.

ownership, accuracy and timeliness.

K. Management Support & Stakeholder Interface

Director / MD and the leadership team, with clear and timely MIS and insights.

purchase, stores, sales, HR and logistics for smooth financial operations.

tax consultants, bankers, lenders, regulators and legal advisers.

investor or group reporting requirements as needed.

Essential

mandatory. CMA / MBA (Finance) will be an added advantage.

in accounts and finance, with a minimum of 5 years as Head / Senior Manager of

Finance in a manufacturing plant.

end-to-end accounting, costing, GST, TDS, income tax, statutory audit and

compliance.

team of 8-15 members or more.

owner-managed or growing manufacturing companies.

export-import transactions, and ERP implementation or migration.

assessments, GST audits and litigation.

Technical

Companies Act, Income Tax Act, GST laws, Accounting Standards, TDS / TCS

provisions and cost accounting.

accounting, inventory valuation and cost control.

Excel, ERP / accounting software and MIS tools.

and financial modelling skills.

Behavioural

and decision-making ability.

and ethical conduct.

with a strategic outlook.

presentation skills with senior management, auditors and authorities.

meet deadlines and manage multiple priorities.

and process-driven.

working days of month end [target to be set, e.g., 7 days].

Income Tax, PF / ESI and ROC returns with zero penalty or interest.

statements and zero major audit qualifications.

inventory days and improvement in working capital cycle.

within an agreed range.

MIS and costing reports.

within agreed timelines.

skill development and process improvements.

plant's accounts, finance, taxation, costing and compliance functions.

vouchers and finance decisions as per the delegation of authority set by

management.

evaluate and recommend rewards or action for finance team members.

bank submissions and financial statements along with the Director / authorised

signatories.

plant, working regular hours with flexibility during month-end, quarter-end,

year-end and audit periods.

office, banks, consultants, tax offices and other locations.

. Qualifications & Experience

Essential

mandatory. CMA / MBA (Finance) will be an added advantage.

in accounts and finance, with a minimum of 5 years as Head / Senior Manager of

Finance in a manufacturing plant.

end-to-end accounting, costing, GST, TDS, income tax, statutory audit and

compliance.

team of 8-15 members or more.

owner-managed or growing manufacturing companies.

export-import transactions, and ERP implementation or migration.

assessments, GST audits and litigation.

As per the industry, years of experience and knowledge