Head of Finance

1 day ago


Vadodara, Gujarat, India Actide International Full time ₹ 12,00,000 - ₹ 24,00,000 per year


Job Description:

Essential Duties and Responsibilities:

  1. Develops financial information to guide management decisions
  2. Prepares and presents budget proposals and economic forecasts
  3. Initiates the fiscal planning process by providing historical information, expenditure schedules, trends and variance analysis, initiates corrective actions
  4. Tracks and manages organization's cost accounting, general ledger, cash flow, and balance sheet
  5. Safeguards company assets/Risk Management
  6. Manages deposits, authorizes agreements, and negotiates credit terms with financial institutions
  7. Participates in product safety team to limit risk and advises management team on actions to reduce product liability
  8. Establishes internal auditing process, arranges for and participates in external audits, and enforces internal controls
  9. Lawsuit Oversight and Case Management
    1. Environmental Compliance
    2. Workplace Safety Compliance
    3. Employee Relations Compliance
  10. Protects operations by keeping financial information confidential
  11. Workers Compensation Issues
  12. Insurance Program Oversight
  13. Facilitates the collection of cash and payment of obligations
  14. Oversees accounts receivable, and accounts payable systems
  15. Establishes credit policies and develops credit procedures
  16. Establishes and enforces payment authorization practices and procedures
  17. Structured Trade Finance options to assist in potential export financing and/or payment options through Credit Insurance
  18. Maintains organizational adherence to generally accepted accounting principles
  19. Approves and files financial statements and reports, files tax returns, and ensures the appropriate taxes are paid
  20. Studies existing and pending legislation and collects information to anticipate future legal requirements
  21. Represents the organization by communicating and interacting with governmental agencies
  22. Maintains a stable and reliable information technology system and services
  23. Manages information technology staff to meet the businesses' information technology needs

Essential Duties and Responsibilities (cont.):


  1. Daily Oversight of the following:
  2. Accounting
  3. Oversees Corporate Controller for Consolidated Group
  4. Consolidated Audited Financial Statements
  5. Dotted Line oversight to International Accounting/Finance organizations
  6. IT
  7. IT Operations
  8. ERP
  9. CRM
  10. CAD
  11. Cyber Security Issues
  12. Human Resource and Safety function
  13. Evaluates financial cost/benefit of employee relations, safety, performance management, training, succession planning, benefits, and other related decisions
  14. Negotiates and builds relationships with brokers, insurance companies, and legal counsel
  15. Plant Safety with Safety Director as Direct Report, and related Workers' Compensation Claims cost and administration.
  16. 401(k) Plan Administrator
  17. Manages staff respectfully
    1. Maintains open and honest communication with direct reports
    2. Periodically communicates clear expectations, monitors job results compared to expectations, documents constructive coaching throughout the year and during the annual review process
    3. Enforces policies and procedures to ensure organizational consistency
    4. Maintains professionalism and confidentiality in employee selection, performance management, and employee relations

  1. Develops Human Resources
  2. Trains and mentors employees to expand knowledge base and promote problem solving
  3. Delegates effectively to develop and identify new leaders within the company
  4. Supports internal and external customer service
  5. Understands and documents internal and external customer needs and expectations
  6. Develops resources and critical service metrics to ensure these needs are being met
  7. Communicates to appropriate team(s) when an expectation will not be met

Knowledge, skills and/or abilities:

  1. Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, etc.), Accounting and MRP/ERP Software preferable Microsoft Navision or SAP.
  2. Excellent organizational, interpersonal communication, and problem-solving skills
  3. Ability to inspire and motivate staff
  4. Ability to provide a respectful work environment for others

Education and/or Experience:

  1. Professional degree (B.Com, M. Com with CA, ICMA and CS or Inter pass.
  2. Head or Finance/Finance Director Experience required
  3. 15 years of Experience in Accounts, Finance and Legal dept.. In Pvt. Ltd./Public Ltd. Companies with expertise in accounts finalization, income tax working, costing, administration and working.


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