Finance Head

22 hours ago

Chennai, Tamil Nadu, India FMCG Company Full time ₹ 5,00,000 - ₹ 8,00,000 per year

Job Description Head of Finance

Location: A major city in South India

Reporting to: Managing Director / CEO

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Role Overview

The Head of Finance will lead the companys finance function, driving financial strategy, governance, and performance to support sustainable growth in the edible oil sector. This role requires a commercially astute leader who can partner with business heads, strengthen financial controls, optimize working capital, and ensure compliance with regulatory and statutory requirements. The candidate will act as a key advisor to the leadership team, playing a pivotal role in decision-making and long-term value creation.

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Key Responsibilities

Strategic Leadership

  • Develop and implement the companys financial strategy aligned with overall business goals.
  • Act as a strategic partner to the CEO and Board in driving growth, profitability, and capital allocation decisions.
  • Lead financial planning for expansion, diversification, and new business opportunities.

Financial Planning & Analysis (FP&A)

  • Drive annual budgeting, forecasting, and long-range planning processes.
  • Monitor business performance against KPIs; recommend corrective actions.
  • Provide insightful analysis on margins, pricing strategies, and market trends in edible oils.

Controllership & Compliance

  • Oversee accounting, audit, taxation, and statutory compliance (Companies Act, GST, Income Tax, etc.).
  • Establish robust internal controls, risk management frameworks, and governance practices.
  • Liaise with auditors, regulators, and financial institutions.

Treasury & Working Capital Management

  • Manage cash flow, banking relationships, and fund-raising (loans, trade finance, etc.).
  • Optimize working capital cycles (credit, inventory, and payables) for efficiency.
  • Implement hedging strategies to mitigate commodity price and forex risks.

Business Partnering & Operations

  • Partner with all departments to drive cost efficiency and profitability.
  • Work closely with JV partners to ensure proper
  • Support decision-making on product mix, capex investments, and new market entries.
  • Track plant/operations financials and ensure cost controls across manufacturing units.

Team Leadership

  • Build and lead a high-performing finance team.
  • Drive capability building, succession planning, and culture of accountability.

Key Requirements

  • Education: Chartered Accountant (CA), CPA, or MBA (Finance).
  • Experience: 15+ years in finance leadership roles, preferably in Edible Oils / FMCG / food processing / manufacturing industries.
  • Proven track record in managing finance at scale, including plant finance and commodity-linked businesses.
  • Strong understanding of commodity pricing, hedging, and trade finance.
  • Demonstrated expertise in working capital management and fund-raising.
  • Excellent leadership, communication, and stakeholder management skills.
  • High integrity, commercial acumen, and ability to operate in a fast-paced, entrepreneurial environment.

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