Head of Finance

1 month ago

navi mumbai, India Smart Moves Consultants Full time

Role: Finance Head

As the Finance Head , you will be instrumental in shaping the financial strategy, planning, and analysis for our vacuum furnace manufacturing operations. Reporting directly to the CFO, you will be a key driver in ensuring financial integrity, operational efficiency, and strategic decision-making. You will also oversee the HR and Admin functions, ensuring smooth operations across the company.

Key Responsibilities:

  • Strategic Financial Leadership: Provide strategic financial guidance and decision-making support for evaluating and prioritizing new business initiatives. Lead the development of financial strategies to drive business growth.
  • Operational Efficiency & Controls: Ensure the organization has the necessary financial direction, operational controls, and administrative procedures to grow the business sustainably while securing financial strength and efficiency.
  • Financial Reporting & Analysis: Review and prepare periodic financial statements, including profit and loss accounts, budgets, cash flow forecasts, variance analysis, and commentaries. Ensure timely generation and analysis of monthly MIS reports.
  • Interdepartmental Liaison: Work closely with Sales, Marketing, HR, Operations, Procurement, and other business units to maintain effective accounting, financial, and budgetary controls across the organization.
  • Income & Expenditure Control: Oversee forecasting, income control, and expenditure management to ensure budget adherence. Proactively raise concerns on deviations and propose corrective actions.
  • HR & Admin Oversight: Supervise HR and Admin functions, ensuring policies and procedures are adhered to, managing payroll, employee benefits, and administrative processes in line with organizational needs.
  • Audit & Compliance: Manage internal and external audit requirements, ensuring compliance with statutory financial and tax obligations, including the review of quarterly/annual statutory returns.
  • Team Leadership & Management: Lead and mentor the Accounts Payable, Accounts Receivable, and Payroll teams, ensuring robust internal controls and accurate financial records. Oversee the financial aspects of subsidiary accounts.
  • Bank Reconciliation & Due Diligence: Regularly review reconciliations of bank and ledger accounts, assist in due diligence processes for financial reporting, and ensure compliance with corporate governance standards.

Required Competencies:

  • Strong written and verbal communication skills.
  • Confident in engaging with internal stakeholders and external partners.
  • Ability to delegate tasks effectively and lead a team.
  • Strong problem-solving skills and ability to work under pressure and meet deadlines.

Qualifications & Experience:

  • Preferably Chartered Accountant (CA) with a strong understanding of finance and accounts in a manufacturing setup.
  • Minimum 5-10 years of relevant experience in a similar role.
  • Proficiency in MS Office with excellent Excel and PowerPoint skills.


Compensation:

  • Salary is not a constraint for the right candidate and will be commensurate with experience and expertise required for the role.

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