Accountant P&L, MIS & Finance Control

Company: Living Timeless

Location: Pune

Industry: Modular Furniture / Interior Manufacturing

Employment Type: Full-time

Living Timeless is looking for a commercially strong Accountant / Finance Executive who can manage core accounting while also owning P&L visibility, MIS, project profitability, cash flow, receivables, payables, and cost control.

This is not a pure bookkeeping role. We need someone who can convert accounting data into clear financial insights for management.

Key Responsibilities

• Maintain complete and accurate books of accounts
• Prepare and review monthly P&L statements
• Build project-wise and showroom-wise P&L
• Track revenue, COGS, gross margin, operating expenses, EBITDA and profitability
• Analyse budget vs actual performance
• Identify margin leakage, cost overruns and unusual expenses
• Track project-level:
• Revenue booked
• Collections
• Material cost
• Manufacturing cost
• Installation cost
• Logistics
• Discounts
• Rework / snag costs
• Gross profit
• Contribution margin
• Prepare weekly and monthly management MIS
• Maintain cash-flow forecasts and upcoming payment requirements
• Track customer receivables and ageing
• Track vendor payables and payment schedules
• Monitor purchase advances and vendor reconciliations
• Perform bank reconciliations
• Manage GST, TDS and statutory accounting requirements
• Coordinate with CA and auditors
• Verify purchase invoices, POs and payment approvals
• Track factory, showroom and corporate overheads separately
• Maintain machinery, fixed-asset and capex accounting
• Support payroll, incentives and reimbursements
• Develop financial controls to prevent duplicate, incorrect or unauthorized payments

P&L Ownership

The person should be comfortable preparing and explaining:

Revenue

Less: Material / Procurement Cost

Less: Manufacturing Cost

Less: Installation & Logistics

= Gross Profit

Less: Sales & Marketing

Less: Showroom Expenses

Less: Factory Overheads

Less: Salaries & Admin

= EBITDA

They should be able to clearly explain why profitability moved month-on-month, not simply produce the report.

Management Reporting

Expected reporting should include:

• Monthly consolidated P&L
• Project-wise profitability
• Showroom-wise profitability
• Factory cost report
• Gross-margin trends
• Marketing spend vs revenue
• Payroll as % of revenue
• Fixed vs variable costs
• Receivable ageing
• Payable ageing
• Cash-flow forecast
• Budget vs actual
• Capex tracker
• Revenue booked vs revenue collected
• Upcoming financial liabilities

What We Expect

We want someone who proactively flags:

Gross margin has dropped from 42% to 35% this month.

This project has exceeded its installation budget.

Material cost on this category is running above target.

X is receivable but overdue.

Factory overhead has increased faster than revenue.

This showroom is generating revenue but is not yet contribution-positive.

Based on upcoming vendor payments and collections, we will require X cash over the next 30 days.

Candidate Profile

• B.Com / M.Com / MBA Finance / equivalent
• 3–6+ years of relevant experience
• Strong understanding of P&L, MIS, cost accounting and financial analysis
• Strong Excel skills
• Experience with Tally / ERP systems
• Strong understanding of GST and TDS
• Experience in manufacturing, furniture, interiors, construction or project-based businesses preferred
• Comfortable working directly with founders and senior management
• Strong attention to detail with a commercial mindset

Most Important Trait

We are not looking for someone who only asks:

Has this invoice been entered

We want someone who also asks:

Why did we spend this money, which project does it belong to, what margin are we making, and what does this do to the P&L