Head of Financial Operations

6 days ago

Chennai, Tamil Nadu, India beBeeAccountancy Full time ₹ 1,50,00,000 - ₹ 2,00,00,000

Job Role Overview:

The role involves overseeing the entire accounts and finance function, ensuring accurate financial reporting, statutory compliance, effective cash flow management, and strategic financial planning.

Key Responsibilities:

    • Financial Performance Management
      • Develop strategies to optimize cost, improve margins, and enhance profitability.
      • Monitor financial performance against business goals and provide insights for decision-making.
    • Accounts Preparation & Compliance
      • 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 applicable financial reporting standards.
    • Audit Management & Compliance
      • Ensure compliance with statutory requirements including GST, Income Tax, TDS, ROC filings, and other applicable laws.
      • Liaise with statutory auditors and ensure timely completion of audits.
      • Stay updated with regulatory changes impacting the manufacturing 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 and investors for fund raising and project financing.
    • Cost Control & MIS Reporting
      • Implement effective cost accounting systems and monitor production-related costs.
      • Develop and present periodic MIS reports to management for financial performance tracking.
    • 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.

Required Skills & Qualifications:

  • Qualification: Chartered Accountant (CA).
  • Experience: 8 - 15 year's post CA qualification experience in Accounts & Finance, with at least 5 years in a leadership role in manufacturing (preferably metals/steel sector).
  • Strong expertise in financial reporting, statutory compliance, cost control, and treasury management.
  • Proven track record in handling audits, liaising with banks, and managing working capital.
  • Excellent leadership, analytical, and decision-making skills.
  • Proficiency in ERP systems and MS Office (Excel, PowerPoint).

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