Mid-level Accountant

Job Summary

We are seeking a detail-oriented and experienced Accountant with a strong background in the manufacturing and trading sectors. The ideal candidate will be responsible for managing day-to-day accounting operations, maintaining accurate financial records, monitoring inventory-related transactions, ensuring statutory compliance, and preparing timely financial reports. The candidate should have a sound understanding of manufacturing cost accounting, inventory management, and trading operations.

Key Responsibilities Financial Accounting

• Maintain accurate books of accounts in accordance with accounting standards and company policies.


• Record and verify daily financial transactions, including receipts, payments, journal entries, and bank transactions.


• Prepare monthly, quarterly, and annual financial statements and management reports.


• Perform month-end and year-end closing activities.


• Reconcile bank accounts, supplier accounts, customer accounts, and general ledger balances.

Manufacturing & Cost Accounting

• Monitor production costs, raw material consumption, work-in-progress (WIP), and finished goods inventory.


• Assist in preparing product costing and cost analysis reports.


• Analyze manufacturing variances and recommend cost control measures.


• Coordinate with production and warehouse teams to ensure accurate inventory valuation.


• Support periodic stock counts and inventory reconciliation.

Trading Operations

• Record purchase and sales transactions accurately.


• Verify supplier invoices, purchase orders, and delivery notes.


• Monitor receivables and payables and ensure timely settlements.


• Prepare customer invoices and maintain proper documentation.


• Track inventory movement across warehouses and distribution channels.

Taxation & Compliance

• Prepare and file VAT returns and other statutory tax reports as required.


• Ensure compliance with applicable tax regulations and accounting standards.


• Assist during internal and external audits by providing required documentation.


• Maintain proper financial records for regulatory compliance.

Budgeting & Financial Analysis

• Assist in preparing annual budgets and financial forecasts.


• Analyze financial performance and identify trends, risks, and opportunities.


• Prepare management reports with key financial insights.


• Monitor expenses and recommend cost-saving initiatives.

Internal Controls

• Ensure adherence to internal financial controls and company policies.


• Maintain proper documentation and filing of financial records.


• Identify accounting discrepancies and recommend corrective actions.


• Support continuous improvement of accounting processes.

Qualifications

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field.


• Professional certifications such as ACCA, CA, CPA, or equivalent will be an added advantage.


• Minimum 3–5 years of accounting experience, preferably in manufacturing and trading industries.

Required Skills

• Strong knowledge of financial accounting principles and standards.


• Experience in manufacturing cost accounting and inventory accounting.


• Sound understanding of trading operations and inventory management.


• Proficiency in accounting software (Tally, ERP systems, SAP, Oracle, or equivalent).


• Strong Microsoft Excel skills, including formulas, PivotTables, and financial reporting.


• Knowledge of VAT, taxation, and statutory compliance.


• Excellent analytical, numerical, and problem-solving abilities.


• Strong attention to detail and accuracy.


• Effective communication and interpersonal skills.


• Ability to work under pressure and meet reporting deadlines.

Preferred Competencies

• Experience with ERP systems in manufacturing or trading environments.


• Knowledge of inventory costing methods (FIFO, Weighted Average, etc.).


• Experience preparing audit schedules and supporting external audits.


• Ability to collaborate effectively with production, procurement, warehouse, and sales teams.

Key Performance Indicators (KPIs)

• Accuracy and timeliness of monthly financial reporting.


• Successful completion of month-end and year-end closing.


• Accuracy of inventory valuation and reconciliation.


• Timely filing of VAT and statutory returns.


• Reduction in accounting discrepancies and audit findings.


• Effective management of receivables and payables.


• Compliance with internal controls and financial policies.


• Contribution to cost control and process improvement initiatives.