Qualification & Experience:

• ICWA Inter (preferred cost accountancy qualification) + MBA or Qualified ICWA OR CA Inter
• he person will manage 500+ crores of working capital per annum at the textile plant and hence should have managed minimum 200+ crores of working capital in his current or previous set up. Preferred is 350+ crores of working capital management
• Preferably from Indian firms as there are cash transactions here as well despite there being SAP as SAP adoption is slow
• Should be extremely good at plant accounting with minimum 10 years in plant accounting, preferably textile plants. Else any manufacturing will do
• Telugu speaking as the person will be interacting with telugu speaking ground level vendors and employees
• 10+ years of experience in core Accounting, audit and taxation functions in manufacturing companies
• Knowledge of SAP implementation required.
• Worked in SAP environment and thorough in SAP modules to guide the team for controls and guidance across the  
• Proven experience of atleast 3+ years in a team managerial role in finance, accounting, or auditing.
• Thorough knowledge of Ind GAAP, Ind AS, and Indian taxation laws.
• Strong leadership and team management skills.
• Excellent communication and interpersonal skills.
• Ability to work collaboratively with cross-functional teams.
• Detail-oriented with a high level of accuracy in work.

Roles & Responsibilities:

• Lead the financial planning and analysis process, including budgeting, forecasting, and long-term financial planning, to  support strategic decision-making and achieve business objectives. Oversee cost accounting processes, including product  costing, inventory valuation, and variance analysis, to ensure accurate cost allocation and control of manufacturing costs.
• Ensure Process review and gap implementation for Costing and Accounting. Support SAP implementation, periodic review  of processes and support production teams in addressing the gaps.
• Manage the preparation and analysis of financial reports, including monthly, quarterly, and annual financial statements, ensuring compliance with accounting standards and regulatory requirements. Analyze financial and operational performance metrics, identifying trends, variances, and opportunities for improvement, and providing actionable insights to senior management.
• Monitor cash flow and working capital metrics, managing liquidity and capital allocation strategies to support operational needs and maximize shareholder value. Establish and maintain internal controls and procedures to safeguard company assets, ensure accuracy of financial records, and comply with internal policies and external regulations.
• Assess financial risks and implement appropriate risk management strategies, including insurance coverage and hedging instruments, to mitigate exposure and protect the company's assets.

Salary:- Best in Industry

Job Location: South India