Finance Manager is responsible for:
1. To maintain books of accounts and checking/verification of all kind of vouchers on daily basis.
2. To ensure timely posting of vouchers i.e.(bank payment/receipt, cash payment/receipt, mills bank payment/receipt, journal vouchers, local sales invoices, purchase vouchers)
3. Preparation of monthly balance sheet and profit and loss Accounts and expenses budget comparison
4. To check the over budgets expenses and reasons of over expenses from relevant department.
5. Monthly reconciliation of local/export sales financial record with sales tax record (party names, Invoices, quantities, rates and dates)
6. Monthly reconciliation of raw material/finished goods opening stock + production/purchase issue/sale closing stock.
7. To ensue timely payments of labour / staff salaries after verification from establishment department.
8. To ensure timely arrangement of mills cash demands after verification from budgets.
9. Monthly mills visit and calculations of fiber wise yield.
10. To calculate, check and compare quality wise wastage %ages with waste standards quality wise every month.
11. Cash reconciliation with mills on monthly basis.