Accounts & Finance Head (Non-Operation)
2 weeks ago
- The House of MG
- Accounts
Full time
Designation: Accounts & Finance Head (Non-Operation)
Reporting To: Management Head of Finance and Accounts
Key Responsibilities:
- Financial Operations & Control
- Supervise daily accounting operations across all departments.
- Maintain tight control over all cash & bank transactions, petty cash, and real-time store inventories.
- Track and reconcile all revenue streams
- Enforce discipline in documentation and approval workflows across finance.
- Finalisation of Accounts & Compliance
- Finalise the books of accounts quarterly and annually for each entity.
- Ensure timely filing of Income Tax returns, TDS, GST, and other statutory filings.
- Prepare for and manage internal and statutory audits across businesses.
- Address all official queries, notices, and communications from government authorities and auditors promptly and appropriately.
- Cost Control & Efficiency
- Monitor department-level costs and implement controls to minimise waste and inefficiencies.
- Conduct variance analysis and create actionable cost-saving strategies.
- Track cost heads for stores, procurement, services, and labour, ensuring budget alignment.
- Financial Planning & MIS
- Prepare budgets and rolling forecasts for each business unit and entity.
- Track performance against financial targets and highlight deviations with corrective suggestions.
- Generate MIS reports, performance dashboards, and projected cash flows for the promoter and leadership team.
- Treasury & Banking Management
- Oversee cash flow management and maintain sufficient liquidity across businesses and trusts.
- Handle banking operations, including FDs, overdrafts, and reconciliation of multiple bank accounts.
- Consolidate and supervise treasury operations of all group entities
- Statutory & Regulatory Oversight
- Ensure full compliance with Income Tax, Companies Act, GST, FCRA (where applicable), and Shops & Establishments Act.
- Liaise with external auditors, tax advisors, legal consultants, and government departments.
- Represent the organisation in audits, inspections, and assessments.
- Close audit findings and institutionalise process improvements.
- Systems, SOPs & Team Management
- Lead the finance team with clarity of roles, delegation, and training.
- Oversee financial software to ensure real-time and accurate data.
- Establish and maintain clear SOPs for procurement, billing, approvals, and inventory control.
- Strategic Financial Support
- Serve as a trusted financial advisor to the promoter group.
- Support the structuring of investments, real estate, and inter-entity transactions.
Manage financial governance of the trusts, foundations, and personal accounts with confidentiality and integrity.
Experience- 10 years of proven experience in Accounts & Finance
- Age- Below 50 years
- Gender- Male
- Education- Graduate
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