General Manager Finance and Accounts

Swan Defence and Heavy Industries Limited (SDHI) is a leading shipbuilding and heavy fabrication company in India. Strategically located on the west coast of India, the shipyard operates the country’s largest dry dock (662m x 65m) and has an impressive fabrication capacity of 144,000 tons per annum – providing an unmatched advantage in fulfilling India’s maritime and industrial ambitions. SDHI is committed to innovation, excellence, safety, and sustainability.

Role Overview

The General Manager – Finance & Accounts will lead and manage all financial, accounting, compliance, and audit-related activities at the shipyard. The role requires strong leadership, strategic thinking, and hands-on expertise to ensure robust financial governance, timely reporting, and effective support to the senior management team in achieving business goals.

Key Responsibilities

1. Strategic Leadership & Management Support

• Provide critical financial insights and support to the CEO and CFO to help achieve organizational and business goals.
• Offer financial concurrence on commercial proposals, including purchase orders and work orders.
• Support bidding processes by providing financial data, evaluating cost implications, and validating bid proposals.
• Develop the Finance, Accounts, Taxation, and Compliance teams by identifying training needs, enhancing competencies, and motivating talent to meet future organizational requirements.

2. Financial Accounting & Operations Management

• Oversee the end-to-end functioning of the Finance & Accounts department at the shipyard.
• Ensure accurate and timely accounting of income, expenses, inventory, and fixed assets.
• Manage and monitor smooth banking operations, including timely fund transfers between the shipyard and Mumbai.
• Implement effective payment controls and ensure adherence to governance practices across the department.

3. Budgeting, Costing & Project Control

• Prepare the Company’s Annual Budget and conduct regular reviews of project budgets.
• Provide guidance and support in costing, budgeting activities, and resource planning.

4. Audit, Internal Controls & Governance

• Ensure timely completion of statutory audits of shipyard operations.
• Facilitate internal audits (in-house and external), including implementation of corrective and preventive actions (CAPA).
• Strengthen internal financial controls (IFCs) and maintain proper documentation.
• Establish and sustain strong maker–checker mechanisms to minimize audit observations in pre-audit, internal audit, statutory audit, and ISO audit processes.

5. Reporting, MIS & Systems

• Develop and refine MIS reports according to management requirements.
• Review all MIS reports before submission to senior leadership.
• Approve WOs/POs within SAP as per authorization limits defined by management.
• Develop and implement department manuals and standard operating procedures (SOPs) for all accounting-related activities.

6. Taxation, Compliance & Regulatory Affairs

• Ensure accurate and timely filing of indirect tax returns and manage related litigation effectively.
• Ensure compliance with EOU & SEZ requirements, including timely filing of returns, obtaining approvals, and managing litigation.
• Ensure compliance with all applicable commercial laws, such as Taxation Laws, Companies Act, FEMA, and others as applicable.
• Manage interactions with bankers, lenders, and various regulatory authorities during visits and audits.

Qualifications & Experience

• Chartered Accountant (CA) with a strong academic and professional background.
• Minimum 14+ years of post-qualification experience in Finance, Accounts, Audit, Taxation, and Compliance.
• Hands-on experience working in SAP (FICO and related modules), including workflow approvals, financial controls, and reporting.
• Significant experience in leading finance functions in large manufacturing, engineering, infrastructure, or defence-related industries (shipbuilding/shipyard experience preferred).
• Proven expertise in financial governance, budgeting, costing, statutory compliance, SAP-driven processes, and internal controls.

Job Location

• Pipavav, Rajula, Gujarat.