Chartered Accountant

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