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Head of Finance

1 month ago


Coimbatore, Tamil Nadu, India Tube Investments of India Limited Full time
Company : Shanthi Gears Limited | Tube Investments of India (Murugappa Group)
Job Title : Head - Finance
Designation : Assistant General Manager / Deputy General Manager - Finance
Location : Coimbatore
Function : Finance
Reporting To : Business Head
About TII & Group:
Company Website: by Murugappa: Parent Company Tube Investments: are a part of the Murugappa group that operates in 28 varied businesses and we come under the Engineering vertical of Murugappa Group ( ).
Role Overview:
We're looking for a dynamic Head of Finance to lead our financial strategy, oversee budgeting and reporting, and help steer our company toward long-term success. Are you a strategic thinker with a sharp financial mind and a passion for driving business growth?
If you're ready to take ownership of financial leadership in a fast-paced, growth-focused environment, we want to hear from you.
Key Responsibilities:
Business Unit Performance Review & Variance Analysis: Conduct monthly performance reviews of business unit, including in-depth variance analysis to monitor financial health and drive actionable insights.
Cost Management & Contribution Analysis: Lead cost optimization initiatives and perform detailed contribution margin analysis to enhance profitability and operational efficiency.
Working Capital Management: Ensure effective management of working capital, optimizing cash flow, inventory turnover, and receivables/ Payables to support business sustainability.
Legal & Regulatory Compliance: Oversee compliance with Direct and Indirect Tax regulations and ensure adherence to statutory audit requirements, minimizing financial risk and exposure.
Financial Reporting & Controls: Drive the preparation and consolidation of budgets, formulate and evaluate Balanced Scorecards (BSC), and manage the closure of internal and statutory audit observations.
CAPEX Management: Evaluate capital expenditure proposals through rigorous pre-capitalization analysis and post-capitalization reviews to ensure investment effectiveness and ROI.
Qualifications & Experience:
CA Professional
8–10 Years experience in Managing Business Finance.
Minimum 5-8 Years experience in Manufacturing Industry.
Exposure in Oracle.
Seasoned Manager with experience of handling team.
Language: English, Hindi & Tamil