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Factory Accountant

GoodSpace AI

Full time
Location
Chennai
Work mode
Not stated
Posted 1 day ago

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Role at a glance

You will
  • Maintain accurate books of accounts for factory operations
  • Manage accounting for purchases, sales, expenses, receipts, payments, and journal entries
  • Perform monthly account closing and prepare factory-level financial statements
Education
Bachelor's degree
Must-have skills
Accounts PayableBank ReconciliationCost AccountingFinancial ReportingGST FilingInventory Management

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Job description

Hiring: Factory Accountant

Are you an experienced accounting professional with a strong understanding of manufacturing finance, inventory management, and statutory compliance? We are looking for a Factory Accountant to manage and strengthen the financial operations of our manufacturing unit.

Key Responsibilities:

Maintain accurate books of accounts for factory operations

Manage accounting for purchases, sales, expenses, receipts, payments, and journal entries

Perform monthly account closing and prepare factory-level financial statements

Handle inventory accounting including raw materials, WIP, packing materials, and finished goods

Reconcile physical stock with book records and investigate inventory variances

Monitor production costs, material consumption, labor costs, and factory overheads

Conduct cost analysis and variance reporting against budgets and standards

Manage Accounts Payable and Accounts Receivable processes

Verify supplier invoices, monitor vendor balances, and reconcile accounts

Ensure accurate sales accounting and customer reconciliations

Manage cash transactions, bank reconciliations, and petty cash controls

Support GST, TDS, E-invoicing, E-way bill compliance, and statutory filings

Maintain fixed asset registers, capitalization records, and depreciation schedules

Coordinate with Production, Stores, Purchase, HR, and Sales teams for financial control

Prepare monthly MIS, Flash Reports, Budget vs Actual analysis, and management reports

Support internal, statutory, tax, and cost audits while ensuring compliance with company policies and internal controls

Key Skills:

  • Factory Accounting
  • Cost Accounting
  • Internal Audit, Statutory Audit , Tax Audit
  • Inventory Management
  • GST & TDS Compliance
  • Accounts Payable & Receivable
  • Financial Reporting & MIS
  • Bank Reconciliation
  • Budgeting & Cost Control
  • Audit Coordination
  • ERP Systems (SAP/Tally/Oracle preferred)
  • Manufacturing Finance

Key Performance Indicators (KPIs):

Accuracy and timeliness of factory accounts

Timely monthly closure of books

Inventory reconciliation accuracy

Reduction in stock discrepancies

Accurate production cost reporting

Timely statutory compliance (GST, TDS, etc.)

Ideal Candidate:

  • Bachelor's degree in Commerce, Accounting, or Finance
  • CA Inter / CMA Inter
  • Experience in manufacturing or factory accounting environment
  • Strong analytical and reconciliation skills
  • Good understanding of inventory controls and cost accounting

Interested candidates can share their updated resume or connect directly for more details.

#Hiring #FactoryAccountant #ManufacturingJobs #CostAccounting #FinanceJobs #Accounts #InventoryManagement #GST #TDS #MISReporting #Audit #AccountingJobs #FinanceCareers #HiringNow

Key skills

Required

Accounts PayableBank ReconciliationCost AccountingFinancial ReportingGST FilingInventory ManagementReconciliationTDS

Preferred

ERP SystemsSAPTally

Job market insights

9active Accounts Payable jobs in Chennai
35active Bank Reconciliation jobs in India
29active Cost Accounting jobs in India
1 more open job at GoodSpace AI

Most Accounting & Finance Jobs posts in Chennai ask for 1–3 years of experience (45% of 91 that say).

Hiring most for Accounting & Finance Jobs in Chennai

  • Standard Chartered Bank11 open jobs
  • U.S. Bank10 open jobs
  • Bank of America7 open jobs

Jobs asking for Accounts Payable in Chennai also ask for

  • SAP67%
  • Financial Reporting44%
  • Accounting44%
  • Accounts Receivable33%
  • ERP Systems33%

From live job posts on CoreHRx, updated 5 Nov 2026. Skill figures count posts that list their skills; salary figures only posts that show a salary.

Questions about this job

Where is this job based?

In Chennai.

What kind of job is this?

It is a full time job.

Preparing for an accountant, accounts executive or finance analyst interview in India? This guide lists the accounting, GST and TDS questions asked most often, sample answers, the Excel test you may get, and how freshers (B.Com, M.Com, CA Inter) and experienced candidates should prepare.

Questions you may be asked

  1. What are the golden rules of accounting?
  2. How do you prepare a bank reconciliation statement?
  3. What is input tax credit under GST?
  4. What is the difference between GSTR-1 and GSTR-3B?

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