Financial Controller Manufacturing

Job Description

Job Title: Finance Controller

Industry: Manufacturing

Location: Mulund, Mumbai

Work Schedule: Monday to Saturday, 9:00 AM – 5:00 PM

Experience Required: Minimum 3 years

Salary Range: ₹50,000 – ₹80,000 per month

Job Summary

We are seeking a detail-oriented and experienced Senior Accountant to join our finance team in a manufacturing setup. The ideal candidate should have strong knowledge of accounting principles, banking coordination, payroll, vendor reconciliation, and statutory compliance. The role demands collaboration with cross-functional teams including HR, factory, and procurement departments.

Key Responsibilities

Verify payments of creditor bills processed by the team before submission to management.

Review and validate credit/debit notes as per purchase and ensure correct deductions.

Monitor Raw Material (RM) outstanding, ensure correct discounts, and follow up on payments.

Perform vendor account reconciliations and resolve discrepancies promptly.

Manage the company’s overall cash flow and ensure fund availability.

Process salary payments accurately and ensure timely payment of statutory dues.

Attend and resolve finance-related queries from internal stakeholders and factory staff.

Coordinate with plant teams for cash advances, petty cash management, and supplier payments.

Handle all banking-related tasks, including loan processing, bank guarantees, LCs, and maintaining relationships with bankers.

Support the Credit Controller with debtor follow-ups and assist in sales review meetings if needed.

Verify LC documents and prepare documentation for bank submission.

Prepare DP (drawing power) statements for banks.

Assist in bank audits – documentation, email correspondence, and coordinating factory visits.

Oversee export documentation, ensure USD-INR conversion tracking, and coordinate with banks for foreign transactions.

Handle import payments, verify 15CA/CB forms, and ensure timely USD remittance.

Verify factory petty cash statements and ensure smooth cash issuance.

Attend to bank work for directors and handle related financial matters as required.

Track and reconcile vendor advances, ensure material/service receipt, and collect refunds if needed.

Ensure all recurring payments (rent, utilities, etc.) are processed on time.

Handle timely renewal of insurance policies and coordinate claim settlements.

Required Qualifications & Skills

Minimum 3 years of accounting experience, preferably in a manufacturing environment.

Proficiency in accounting software (e.g., Tally, SAP, or similar ERP tools).

Strong understanding of vendor reconciliation, LC documentation, payroll, and statutory compliance.

Good communication and coordination skills, especially with banks, factory staff, and internal teams.

Ability to work independently and manage multiple financial functions simultaneously.

Preferred Qualifications

Experience handling export/import transactions and forex conversions.

Knowledge of statutory forms like 15CA/CB and experience in bank audits.

Familiarity with payroll compliance (PF, ESIC, TDS, etc.).