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Assistant Manager Factory Accounts


Faridabad, HR, IN

Company:  Goodyear

Position - Assistant Manager- Factory Accounts

Location: Ballabhgarh, Faridabad


 This position reports to Manager Factory & Corporate Accounting.


Principal Responsibilities:

  • Preparing Cost Audit Report for local law compliance.
  • Active participation in preparation of Indian GAAP accounts like Balance Sheet, Related Party Transactions and other information’s for notes to accounts for Statutory & Limited Review.
  • Coordinating with auditors and providing information related to audits.
  • Maintaining Factory Books of Accounts. Monthly analysis & reporting of Plant indicators, like Material & Conversion Cost, Waste percentage, WIP valuation, Variance analysis.
  • Active participation in month end closings i.e. booking of Monitor monthly Property/ Asset Accounting Closing. Monitor timely capitalization and Physical verification of assets for Goodyear Ballabhgarh and monthly CAPEX status for GYI and AOP.
  • Establishing Product Cost – Schedule Cost & V Price  for all SKUs. Provide Tire Cost data for analysis as and when required.
  • Carry out and conduct WIP inventory, RM inventory, finished goods Inventory at factory and converters and locations.
  • Manage Hourly associates Payroll for Regular, Casual, trainees /apprentices (approx. 850 employees), their wage disbursement through Bank and cash & Income Tax computation/TDS returns and Social Liabilities.
  • Manage Factory related Cash & Bank payments, Accounts payable functions (Factory Retainers, labor Contractors and Govt’s dues etc) and Receivable (Factory scrape Sale) Functions, TCS returns / customers account reconciliation.
  • Cheque signing and Audit of AP for Corporate (part) and all Factory payments.
  • Review and Preparation of monthly reconciliations of related accounting area.              
  • Providing information to various departments (Excise, treasury, etc.) on regular basis like information for Excise ER4 Return, Transfer Pricing etc.


Required Experience


  • A minimum of 5/7 years of accounting experience (preferably in a manufacturing organization)
  • Strong communication skills including oral as well as written communication.
  • Experience in collecting and reviewing data from multiple locations (domestic or international), subsidiaries and other departments within the organization.
  • Strong analytical skills, able to understand complex data and problems.
  • Ability to interpret and apply current U.S.GAAP and Indian GAAP.
  • Handling of Complete asset accounting for Local and US GAAP for additions, deletion, depreciation and Balance sheet Schedule for Fixed Asset.
  • Handling Factory/Plant accounting using standard costing system


Education: ICWAI/Post Graduate in Finance 

Goodyear is one of the world’s largest tire companies. It employs about 72,000 people and manufactures its products in 55 facilities in 23 countries around the world. Its two Innovation Centers in Akron, Ohio and Colmar-Berg, Luxembourg strive to develop state-of-the-art products and services that set the technology and performance standard for the industry. For more information about Goodyear and its products, go to


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