Senior Finance & Accounts Manager

About the Company

Chheda Specialities Foods Private Limited (CSFPL) is a prominent player in the food industry, specializing in the manufacturing and retailing of snacks. They cater to both domestic and international markets and are focused on progressing through the adoption of advanced technology platforms along with robust systems and procedures to meet their organizational goals.

Role and Responsibilities

• Lead the internal audit operations across company manufacturing plants, warehouses, and the corporate office.
• Develop and implement effective internal financial controls, standard operating procedures, and governance structures.
• Conduct thorough process audits spanning procurement, production, inventory, sales, dispatch, finance, and commercial areas.
• Identify operational and financial risks and suggest preventive or corrective measures.
• Ensure audit findings are followed up and action points are resolved timely.
• Drive compliance with internal policies, statutory requirements, and management directives.
• Perform periodic assessments of inventory control, wastage, stock reconciliation, and cost leakages.
• Enhance fraud prevention systems and risk mitigation strategies.
• Develop and maintain enterprise risk management processes.
• Ensure compliance with GST, Income Tax, TDS, and other direct and indirect tax laws.
• Liaise with statutory auditors, internal auditors, tax consultants, and regulatory bodies.
• Maintain documentation and records related to compliance and governance.
• Manage all accounting operations including general ledger, monthly closures, and financial reporting.
• Oversee the preparation and finalization of accurate financial statements.
• Supervise receivables, payables, reconciliations, and working capital management.
• Monitor manufacturing costs, product costing, inventory valuations, and margin analyses.
• Ensure accounting treatments comply with relevant accounting standards and company policies.
• Review cash flow planning and enhance fund utilization.
• Manage timely filing of GST, TDS, Income Tax, and other statutory returns, including handling assessments and queries.
• Coordinate tax audits and maintain compliance readiness.
• Oversee banking operations including fund management, bank reconciliations, and maintaining banking relationships.
• Manage working capital limits, credit facilities, term loans, and banking documentation.
• Support treasury and cash flow monitoring activities.
• Ensure timely payment to vendors and collection from customers.
• Coordinate with the Company Secretary on board resolutions, regulatory filings, and corporate compliance.
• Maintain statutory records and assist in legal and compliance documentation.
• Assist management regarding agreements, licensing, and regulatory matters.
• Support financial planning by assisting in budgeting, forecasting, and business planning processes.
• Prepare Management Information System (MIS) reports, dashboards, and variance analyses for review.
• Analyze profitability, product margins, and operational efficiencies to provide insights for strategic decision-making.
• Track key performance indicators and support business performance evaluations.

Candidate Profile

• Chartered Accountant qualification is preferred.
• 5 to 10 years of relevant experience in finance and accounts, ideally within FMCG, food manufacturing, or manufacturing sectors.
• Strong expertise in internal audits, risk management, and financial controls.
• Solid understanding of accounting principles specific to manufacturing, including inventory controls and costing.
• Knowledgeable in GST, Income Tax, and other statutory compliances.
• Experience working with ERP systems and producing MIS reports.
• Excellent analytical, communication, and stakeholder management capabilities.
• Able to thrive in a fast-paced, growth-oriented environment.

Core Competencies

• Financial and analytical skills
• Strategic planning and thinking
• Leadership and team development abilities
• Expertise in risk management and internal controls
• High accuracy, integrity, and attention to detail
• Strong commitment to deadlines and organizational priorities