Account Head

3 weeks ago

Bhiwandi MH IN Vashi Integrated Full time

Company Name - Western Auto Sister concern of Vashi Integrated Solution Ltd Job Title Head - Accounts FinanceDepartment - Accounts FinanceLocation - Bhiwandi Thane Mumbai Reporting to - Managing Director Business Vertical - Maruti Spare Parts Division Job Purpose To lead and manage the Accounts Finance function for the Maruti Spare Parts business at Western Auto The role requires strategic financial planning budgeting cost control working capital management and statutory compliance to support sustainable business growth and profitability Key Responsibilities 1 Financial Planning StrategyDevelop and implement financial strategies aligned with business goals Prepare annual budgets forecasts and business plans Monitor business performance against budgets and take corrective actions 2 Accounting ReportingOversee day-to-day accounting operations including accounts payable receivable general ledger and bank reconciliations Ensure timely closure of monthly quarterly and annual financial statements Prepare MIS reports financial dashboards and profitability analysis for management 3 Inventory Cost ControlMonitor and optimize spare parts inventory valuation and turnover Implement cost control mechanisms and improve operational efficiencies Coordinate with the supply chain and warehouse teams for inventory accuracy 4 Taxation ComplianceEnsure compliance with all statutory requirements - GST TDS Income Tax etc Liaise with auditors consultants and regulatory authorities as needed Handle internal and statutory audits efficiently 5 Cash Flow Working Capital ManagementMonitor and manage daily cash flow and fund flow Optimize working capital through effective receivables and payables management Handle banking relationships and ensure smooth fund operations 6 ERP Systems ImplementationWork with the IT ERP team to ensure accounting processes are streamlined via ERP systems Tally Oracle SAP others Ensure data integrity and accurate financial reporting from systems 7 Team ManagementLead train and mentor the finance and accounts team Ensure a culture of accountability ownership and continuous improvement Key Requirements Education CA CMA MBA Finance Experience 10-15 years of experience in finance and accounts preferably in automotive spare parts or a trading distribution business Industry Preference Auto parts automobile dealership or similar industries with inventory-led operations Skills Strong analytical and problem-solving skills Sound knowledge of taxation accounting standards and compliance Excellent leadership and communication abilities Proficiency in ERP software and advanced Excel Key Performance Indicators KPIs Budget adherence and variance control Inventory turnover ratio Timely financial reporting Audit compliance score Reduction in receivables aging Cost savings and process improvements

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