Job Summary

The Head – Finance will be responsible for overseeing the organization's financial strategy, accounting, budgeting, taxation, treasury, costing, audits, statutory compliance, MIS, and financial planning & analysis (FP&A). The role requires a commercially focused finance leader who can partner with the leadership team to drive profitability, optimize costs, and support business expansion.

Key Responsibilities

Financial Strategy & Planning

• Develop and execute the company's financial strategy aligned with business objectives.

• Lead annual budgeting, forecasting, long-range financial planning, and business performance reviews.

• Provide strategic financial insights to support investment decisions and business growth.

• Monitor financial performance and recommend actions to improve profitability and cash flow.

Financial Accounting & Reporting

• Oversee the preparation of monthly, quarterly, and annual financial statements.

• Ensure accurate and timely financial reporting in accordance with applicable accounting standards.

• Review balance sheets, profit & loss statements, cash flow statements, and financial dashboards.

• Present financial performance and business insights to senior management.

Costing & Manufacturing Finance

• Lead product costing, standard costing, variance analysis, and cost optimization initiatives.

• Analyze manufacturing costs, inventory valuation, overhead allocation, and profitability by product line.

• Partner with Operations to improve productivity and reduce manufacturing costs.

• Establish financial controls across procurement, production, warehousing, and inventory management.

Budgeting & Financial Analysis

• Prepare annual operating budgets and monitor budget utilization.

• Conduct financial analysis, profitability analysis, and business performance reviews.

• Develop financial models for new projects, capital investments, and expansion initiatives.

• Track KPIs and recommend corrective actions where required.

Treasury & Working Capital Management

• Manage cash flow, banking relationships, and liquidity planning.

• Optimize working capital through efficient receivable, payable, and inventory management.

• Negotiate banking facilities, loans, and credit arrangements.

• Monitor foreign exchange exposure where applicable.

Taxation & Statutory Compliance

• Ensure compliance with GST, Income Tax, TDS, Companies Act, and other statutory regulations.

• Coordinate direct and indirect tax filings.

• Liaise with auditors, tax consultants, bankers, and regulatory authorities.

• Manage statutory, internal, tax, and cost audits.

Internal Controls & Risk Management

• Develop and strengthen internal financial controls and governance frameworks.

• Identify financial risks and implement mitigation strategies.

• Ensure compliance with company policies and regulatory requirements.

• Drive process automation and continuous improvement within finance operations.

Team Leadership

• Lead, mentor, and develop the Finance & Accounts team.

• Build a high-performance finance organization through coaching and capability development.

• Foster collaboration with Operations, Procurement, Sales, HR, and Supply Chain teams.

Desired Candidate Profile

• Chartered Accountant (CA) is mandatory.

• MBA (Finance) or CMA/ICWA will be an added advantage.

• 12-15 years of progressive experience in Finance & Accounts, with at least 5 years in a leadership role.

• Strong experience in manufacturing or engineering industries.

• Excellent knowledge of financial accounting, costing, taxation, treasury, budgeting, and financial planning.

• Experience handling statutory, internal, tax, and cost audits.

• Hands-on experience with ERP systems such as SAP, Oracle, Microsoft Dynamics, or similar.

• Strong analytical, commercial, leadership, and stakeholder management skills.