Chief Financial Operations Director

1 week ago

Nellore, Andhra Pradesh, India beBeeFinance Full time ₹ 18,82,500 - ₹ 25,95,000
Job Overview

The Head of Accounts & Finance will lead the entire accounts and finance function, ensuring accurate financial reporting, statutory compliance, effective cash flow management, and strategic financial planning.

Key Responsibilities
  1. Financial Management & Strategy
  • Lead the financial planning, budgeting, and forecasting process.
  • Develop strategies to optimize cost, improve margins, and enhance profitability.
  • Monitor financial performance against business goals and provide insights for decision-making.
Accounts & Reporting
  • Ensure timely and accurate preparation of financial statements (P&L, Balance Sheet, Cash Flow).
  • Manage day-to-day accounting operations and oversee accounting team performance.
  • Ensure compliance with Indian Accounting Standards (Ind AS) and applicable financial reporting standards.
Compliance & Audit
  • Ensure compliance with statutory requirements including GST, Income Tax, TDS, ROC filings, and other applicable laws.
  • Liaise with statutory, internal, and tax auditors and ensure timely completion of audits.
  • Stay updated with regulatory changes impacting the manufacturing and metal sector.
Treasury & Working Capital Management
  • Manage cash flows, banking operations, and fund utilization efficiently.
  • Oversee working capital management, credit control, and debtor management.
  • Build strong relationships with banks, financial institutions, and investors for fund raising and project financing.
Cost Control & MIS
  • Implement effective cost accounting systems and monitor production-related costs.
  • Develop and present periodic MIS reports to management for financial performance tracking.
  • Support business units with financial analysis to aid in pricing, costing, and investment decisions.
Team Leadership & Development
  • Lead and mentor the accounts & finance team, ensuring skill development and high performance.
  • Establish strong internal controls and processes across the department.
  • Foster a culture of integrity, compliance, and continuous improvement.

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