Chartered Accountant
Crimson Textiles LLP Verified employer
Actively hiring · Posted 3d ago · JEV2609C93F0A2EEF
Job description
Job highlights
- Overtime Pay, Annual Bonus, PF, ESI (ESIC)Job DescriptionJob Title: Finance & Accounting Manager (Textiles Manufacturing – B2B)RoleOverview: We are looking for an experienced Finance & Accounting Manager to oversee financial operations for a B2B textiles manufacturing business. The role requires strong expertise in manufacturing finance, inventory accounting, cost control, and working capital management, along with ensuring compliance and supporting business growth.Key Responsibilities1. Financial Reporting & Control: Prepare monthly, quarterly, and annual financial statementsEnsure timely closure of books and reporting to managementDevelop plant-wise and product-wise profitability reportsMonitor margins across product lines and customers2. Inventory & Working Capital Management:Oversee inventory valuation (RM, WIP, Finished Goods)Ensure accurate stock accounting and reconciliationMonitor slow-moving and obsolete inventoryOptimize working capital (inventory days, receivables, payables)
Job Title: Finance & Accounting Manager (Textiles Manufacturing – B2B)Role Overview: We are looking for an experienced Finance & Accounting Manager to oversee financial operations for a B2B textiles manufacturing business. The role requires strong expertise in manufacturing finance, inventory accounting, cost control, and working capital management , along with ensuring compliance and supporting business growth. Key Responsibilities 1. Financial Reporting & Control: Prepare monthly, quarterly, and annual financial statements Ensure timely closure of books and reporting to management Develop plant-wise and product-wise profitability reports Monitor margins across product lines and customers 2. Inventory & Working Capital Management: Oversee inventory valuation (RM, WIP, Finished Goods) Ensure accurate stock accounting and reconciliation Monitor slow-moving and obsolete inventory Optimize working capital (inventory days, receivables, payables) Coordinate with procurement and production teams 3. Accounts Receivable & Payable: Manage debtor ageing and collections (critical in B2B cycles) Evaluate customer credit limits and risks Ensure timely vendor payments and negotiate credit terms Improve cash flow through effective working capital strategies 4. Compliance & Taxation: Ensure compliance with GST, TDS, income tax, and other statutory requirements Manage internal and external audits Maintain strong internal controls and documentation 5. Banking & Tally work: Daily reconciliation of bank accounts. In-depth knowledge of Tally Prime software, e-way bill system, e-invoicing system and IT taxation websites. Maintenance of sales and purchase accounts in Tally Prime software Issuance of credit notes and debit notes from Tally Prime. Generation of e-way bills for daily despatches. Generation of e-invoices on a weekly basis. 6. MIS & Business Insights: Prepare MIS reports including: Plant performance Customer profitability Order-wise margins Support management with decision-making insights Qualifications: CA / CMA / MBA (Finance) preferred 5–12 years of experience in manufacturing finance (textiles preferred) Strong exposure to costing, inventory, and working capital Key Skills: Strong knowledge of cost accounting and inventory management Experience with ERP systems (Tally, SAP, Oracle, or industry ERP) Advanced Excel and financial analysis Understanding of GST and manufacturing taxation Analytical thinking and attention to detail Strong stakeholder management (plant, sales, procurement) Key KPIsInventory turnover and stock accuracy Working capital cycle (DSO, DPO, inventory days) Cost variance (standard vs actual) Gross margin improvement Debtor ageing and collection efficiency Audit compliance and reporting accuracy Preferred ExperienceExperience in textiles, yarn, fabrics, or garment manufacturing Exposure to export business and incentives Experience handling multiple plants or units
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