Position: Senior Accountant
Company: Strolar Mounting System Pvt Ltd
Location: Sector – 67, Noida – Uttar Pradesh.
Department: Finance & Accounting
Reports to: Finance & Accounts Manager
Overview:
We are seeking a highly skilled and experienced Senior Accountant to join our finance team in a leading Steel Manufacturing Industry. The ideal candidate will have a strong background in accounting, particularly in steel manufacturing, Pre-Engineered Buildings (PEB), and Solar Steel projects. The role demands a meticulous, results driven individual with a deep understanding of financial reporting, compliance, and cost management in the steel manufacturing sector.
Key Responsibilities:
Financial Reporting & Analysis:
- Prepare and manage monthly, quarterly, and annual financial statements in compliance with industry standards and regulatory requirements.
- Analyze financial data and produce reports on key performance indicators (KPIs), including cost of goods sold (COGS), gross margins, and profitability.
- Perform variance analysis to identify discrepancies and recommend corrective actions.
- Oversee the preparation of financial statements, including balance sheets, income statements, and cash flow statements.
Cost Management & Budgeting:
- Develop, manage, and review cost accounting systems for steel manufacturing, PEB, and solar steel projects.
- Assist in the development and tracking of annual budgets, forecasts, and financial projections.
- Monitor and control manufacturing costs and inventory, ensuring proper allocation and cost control.
- Conduct cost audits and perform reconciliations to ensure accuracy in the cost structure.
Regulatory Compliance & Audits:
- Ensure adherence to local, state, and federal tax laws and accounting principles, including GAAP (Generally Accepted Accounting Principles).
- Prepare documentation and support for internal and external audits.
- Maintain and update accounting policies and procedures to ensure compliance with regulations.
- Handle tax filings and compliance related to the manufacturing sector, including sales tax, VAT, and other statutory requirements.
Financial Systems & Processes:
- Oversee and improve financial processes and accounting systems for better accuracy, efficiency, and transparency.
- Maintain the general ledger and perform monthly reconciliations of all accounts.
- Liaise with IT teams for the enhancement of ERP systems and implementation of best practices for financial reporting and budgeting.
Team Leadership & Collaboration:
- Lead and mentor a team of junior accountants, ensuring effective collaboration and knowledge sharing.
- Coordinate with cross-functional teams, including operations, procurement, and sales, to ensure accurate reporting of financial data.
- Support management with financial decision-making and business strategy.
Project Costing for Steel Manufacturing & PEB:
- Oversee project-based accounting and ensure that all project costs are accurately tracked and reported.
- Review and report on the financial health of ongoing and completed projects, including PEB structures and solar steel installations.
- Ensure that project billing, milestones, and payments align with project contracts.
Qualifications:
- Bachelor's degree in Accounting, Finance, or a related field (Master’s degree or CPA is preferred).
- 5+ years of experience in accounting, with at least 2 years in the steel manufacturing, PEB, or solar steel industry.
- Strong knowledge of accounting principles, financial reporting, cost accounting, and budgeting.
- Proficient in using ERP systems (e.g., SAP, Oracle, Tally) and advanced MS Excel skills.
- Understanding of tax laws, regulatory compliance, and industry-specific financial regulations.
- Excellent problem-solving, analytical, and organizational skills.
- Strong communication and interpersonal skills with the ability to collaborate across departments.
- Ability to work under pressure and manage multiple tasks in a fast-paced environment