F&A Manager

About the Role

We are seeking a qualified Chartered Accountant to independently lead Thiese’s day-to-day finance and accounts function. The role requires hands-on ownership of books, closing, compliance, manufacturing costing, inventory controls, and cash flow.

Key Responsibilities

• Accounting, Closing and Finalisation
• Own the general ledger, accounting reviews, and monthly/year-end close.
• Prepare financial statements and schedules under the applicable reporting framework.
• Ensure accurate accruals, provisions, depreciation, and balance-sheet reconciliations.
• Manufacturing Inventory and Costing
• Reconcile raw material, WIP, finished goods, and scrap quantities and values with Stores, PPC, and Production.
• Review physical verification, stock ageing, yield/consumption variances, conversion costs, scrap credits, and rework costs.
• Investigate discrepancies and control adjustments.
• Compliance and Audits
• Own the compliance calendar for GST, TDS/TCS, income tax, and other applicable filings and reconciliations.
• Coordinate statutory/tax audits, company-law matters, and notices with auditors, tax advisers, and the company secretary.
• Maintain complete supporting records.
• Cash Flow, Banking, and Working Capital
• Maintain a rolling cash-flow forecast and payment plan.
• Monitor receivables, overdue collections, payables, advances, and inventory funding.
• Manage bank reconciliations and banking documentation, including lender reporting where applicable, within delegated authority.
• Commercial and Internal Controls
• Review procure-to-pay and order-to-cash controls, including PO/receipt/invoice matching, supplier and customer reconciliations, credit/debit notes, and scrap-sale accounting.
• Enforce documented approvals, maker-checker controls, and an auditable trail for payments and adjustments.
• Business Reporting and Profitability
• Deliver management reports on P&L, cash flow, working capital, budget versus actuals, and product/customer profitability.
• Explain operating variances and identify cost leakage.
• Agree on follow-up actions with the relevant business owners.

Requirements & Tech Stack

• Strong Excel skills.
• Hands-on capability in GST and TDS/TCS compliance, banking, receivables/payables controls, financial reporting, and management MIS.

Qualifications

• Qualified CA/ICWA.
• Demonstrated ability to independently manage monthly closing, finalisation, reconciliations, tax compliance, and audits.
• Practical understanding of RM/WIP/FG/scrap accounting, inventory valuation, manufacturing costing, yield-related variances, and working-capital management.
• High integrity, attention to detail, and willingness to investigate source transactions.
• Steel, metals or process manufacturing experience is preferred.