Assistant Manager

KRISHNA JEWELLERS PEARLS & GEMS PVT. LTD.

Exquisite Craftsmanship • Timeless Elegance • Trusted Since 1983

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JOB DESCRIPTION

Assistant Manager – Finance Department

Department: Finance | Location: Jubilee Hills, Hyderabad | Employment Type: Full-Time |

ABOUT THE COMPANY

Krishna Jewellers Pearls & Gems Pvt. Ltd. is a distinguished name in the South Indian jewellery industry, renowned for our exquisite craftsmanship, ethical sourcing, and unwavering commitment to quality. With a legacy built on trust and excellence, we specialize in premium gold, diamond, pearl, and gemstone jewellery. We are seeking a meticulous and experienced Chartered Accountant to lead our finance operations and ensure robust financial governance across our manufacturing, retail, and export divisions.

POSITION OVERVIEW

We are looking for a Chartered Accountant (CA) — or a candidate who has attempted the CA final examinations — with 7+ years of relevant post-qualification (or equivalent) experience to join our Finance Department as an Assistant Manager. The ideal candidate will bring strong expertise in statutory compliance, audit, taxation, and financial reporting, with a solid understanding of the regulatory landscape governing the gems and jewellery sector in India.

KEY RESPONSIBILITIES

1. Statutory Compliance & Audit

• Lead and coordinate statutory audits, ensuring timely completion and strict adherence to auditing standards.
• Prepare and review statutory financial statements and related disclosures in compliance with Ind AS / Indian GAAP.
• Manage all regulatory filings, including ROC compliance, MCA filings, and other statutory obligations.
• Act as the primary point of contact for external auditors, tax consultants, and regulatory authorities.
• Ensure compliance with Income Tax, GST, TDS, and other applicable tax laws; oversee preparation and filing of tax returns.

2. Financial Reporting & Controls

• Oversee month-end and year-end closing processes, ensuring accuracy and timeliness of financial statements.
• Prepare management accounts with detailed variance analysis and performance commentary for senior leadership.
• Maintain robust internal financial controls and ensure adherence to accounting policies and procedures.
• Manage balance sheet reconciliations and resolve discrepancies promptly.
• Support budgeting, forecasting, and cash flow planning cycles.

3. Treasury & Operations

• Monitor working capital and cash flow requirements specific to jewellery manufacturing and trading operations.
• Oversee inventory valuation and reconciliation, including precious metals, diamonds, and gemstones.
• Ensure compliance with RBI regulations applicable to the gems and jewellery sector (e.g., FEMA, export obligations).
• Coordinate with banks and financial institutions for fund-based and non-fund-based facilities.
• Manage bullion and precious stone procurement financing and hedging strategies, where applicable.

4. Team Leadership & Process Improvement

• Supervise, mentor, and review the work of junior accounting staff.
• Drive process improvements and automation initiatives within the finance function.
• Develop and maintain comprehensive finance policies, SOPs, and process documentation.
• Provide technical accounting guidance on complex transactions, mergers, acquisitions, or restructuring.

REQUIRED QUALIFICATIONS

Education

Chartered Accountant (CA) from The Institute of Chartered Accountants of India (ICAI)

Experience

7+ years of post-qualification experience in compliance, statutory audit, and financial reporting

Industry Exposure

Experience in manufacturing, retail, or gems & jewellery sector preferred

Technical Skills

Strong knowledge of Ind AS, Indian GAAP, Income Tax, GST, and TDS provisions; working knowledge of commodity hedging for gold and silver, including forward and futures contracts

Audit Experience

Proven track record of managing statutory audits and liaising with external auditors

Software Proficiency

Advanced MS Excel; experience with Tally ERP / SAP / Oracle or similar ERP systems

Soft Skills

Excellent analytical abilities, attention to detail, and strong written & verbal communication

Leadership

Experience in team supervision and mentoring junior staff

PREFERRED QUALIFICATIONS

• In-depth knowledge of commodity hedging strategies for gold, silver, and other precious metals, including forward contracts and futures-based price risk management
• Experience in financial consolidation and handling group company structures
• Familiarity with SEZ/EOU operations and export-oriented business compliance
• Knowledge of valuation methodologies for precious metals, diamonds, and gemstones
• Exposure to cost accounting and transfer pricing regulations
• Experience with RBI's Gold Monetisation Scheme or related jewellery sector schemes
• Knowledge of hallmarking regulations and BIS compliance for jewellery.

WHAT WE OFFER

• Competitive compensation package aligned with industry standards and performance-linked incentives
• Opportunity to work with a legacy brand in the premium jewellery segment
• A collaborative work environment with clear growth pathways to Finance Manager and beyond
• Comprehensive health insurance and employee wellness programs

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