Senior Executive - Finance & Accounts

Job Summary

Care Nutrition Limited (CNL) is seeking a detail-oriented and analytical professional to join its team as Senior Executive – Finance & Accounts. The successful candidate will oversee financial recordkeeping, monitor sales and collections, support inventory and production accounting, prepare financial reports, and perform product costing and profitability analysis. The position requires sound accounting expertise, practical experience with ERP systems, and strong proficiency in Microsoft Excel and Power BI.

Key Responsibilities

Financial Reporting & Dashboard Management

• Develop, update, and monitor financial dashboards using Power BI.

• Assist in preparing Profit and Loss (P&L) statements and other financial reports.

• Generate product consumption reports and analyze relevant financial information.

• Evaluate product-wise profit margins to facilitate informed business decisions.

• Prepare raw material (RM) and packaging material (PM) procurement reports and conduct margin analysis through the ERP system.

Sales & Revenue Accounting

• Record customer collections and monitor product deliveries against corresponding collections.

• Prepare and accurately post sales journal entries within designated deadlines.

• Review and verify trade-offer calculations to ensure the accuracy of promotional expenses.

• Examine sales return transactions and validate their supporting documents.

Accounts Payable & Fixed Asset Management

• Enter, maintain, and monitor accounts payable (AP) transactions in the accounting system.

• Update and manage the Fixed Assets Register.

• Prepare bank reconciliation statements and follow up on outstanding discrepancies.

• Maintain accurate financial records and ensure proper documentation of all transactions.

Inventory & Production Accounting

• Participate in physical stock counts and inventory verification processes whenever required.

• Record and monitor Quality Assurance (QA) and Research & Development (R&D) inventory transactions.

• Monitor and record production process-loss transactions against the established standard benchmark of 2%.

• Assist with inventory reconciliation and investigate discrepancies between physical stock balances and ERP records.

• Ensure the accuracy and consistency of production- and inventory-related financial records.

Costing & Management Support

• Generate consumption and cost-related reports for management evaluation.

• Perform product-wise profitability analysis and identify significant cost variances.

• Prepare raw material (RM) and packaging material (PM) procurement and margin reports using the ERP system.

• Provide relevant financial information, reports, and analytical assistance to the Finance & Accounts team as needed.