Business segment Finance Head For Main Line

6 days ago

Thāne, Maharashtra, India Siemens Full time ₹ 5,00,000 - ₹ 8,00,000 per year

We are looking for

As the Finance Head for the Mainline segment, you will be a strategic partner to the business leadership, driving financial performance and supporting profitable growth. You will lead budgeting, forecasting and project controlling. This role demands strong leadership in managing working capital, developing financial resources, and supporting project execution, sales, and bid management along with ensuring compliance with internal controls, IFRS & IGAAP, transfer pricing and other tax laws.

Youll make a difference by

Strategic Financial Leadership: Lead the financial planning process including annual budgeting, rolling forecasts, and long-term strategic plans.

  • Partner with business leaders to drive profitability and growth initiatives.
  • Project Controlling & Execution Support: Oversee financial aspects of project management including cost control, revenue recognition, and margin analysis.
  • Ensure robust project controlling mechanisms are in place for execution and bid management.
  • Working Capital Management: Optimize cash flow through effective management of receivables, payables, and inventory. Monitor and improve working capital KPIs across the segment.
  • Compliance & Reporting: Ensure adherence to IFRS & IGAAP and internal controls. Drive timely and accurate financial reporting and analysis.
  • Business Partnering: Collaborate with Sales, Bid Management, and Project Execution teams to evaluate financial viability and risk. Support commercial negotiations and contract reviews from a financial perspective.
  • Resource Development & Team Leadership: Build and mentor a high-performing finance team. Promote continuous learning and development in financial competencies.
  • Effective Claim Management: Lead financial evaluation and resolution of claims related to projects and contracts. Collaborate with legal and technical teams to ensure timely and favorable claim outcomes.
  • Stakeholder Management in Matrix Organization: Engage effectively with internal stakeholders across functions and geographies, including Sales, Operations, Legal, HR, and Corporate Finance.
  • Manage external stakeholders such as auditors, consultants, customers, and suppliers to ensure alignment and transparency.
  • Navigate complex reporting lines and influence decision-making in a matrix setup.

Desired Skills:

  • CA / MBA Finance or equivalent qualification.
  • 10+ years of progressive experience in finance, preferably in project-based or industrial businesses.
  • Strong understanding of IFRS, project controlling, and working capital dynamics.
  • Experience in a growth-phase business environment is a plus.
  • Key Competencies: strategic thinking and business acumen, Strong analytical and problem-solving skills, Leadership and team development, Effective communication and stakeholder management, High integrity and attention to detail

This role is based in Kalwa, Mumbai. You might be required to visit other locations within India and outside. In return, you'll get the chance to work with teams impacting - and the shape of things to come.

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