Head of Finance

Role Overview

The Head of Finance & Accounts is a senior leadership position with end-to-end responsibility for Concord's financial health, governance, and operational control of supporting functions. This role leads the Finance, Accounts, Purchase, and Inventory departments, ensuring that company funds, vendor obligations, and resources are managed with discipline and efficiency.

In addition to managing these departments, the position has direct oversight on project estimations, validating profitability and feasibility before client submissions. As a key advisor to the Managing Director, the Head of Finance & Accounts ensures reliable reporting, sound financial planning, and practical recommendations that drive sustainable growth.

Key Responsibilities

Financial & Accounting Leadership

· Provide strategic direction and manage the Finance and Accounts functions to ensure effective control over the company's financial operations.

· Establish and enforce systems for receipts, invoicing, collections, vendor payments, reconciliations, and statutory compliance.

· Monitor daily cash flow to ensure liquidity for project execution, vendor settlements, and payroll commitments.

· Oversee the preparation and finalisation of monthly, quarterly, and annual financial statements in compliance with applicable regulations.

· Ensure timely and accurate compliance with GST, TDS, payroll, and all statutory requirements.

· Coordinate with auditors, tax consultants, and regulatory authorities for audits, assessments, and submissions.

Project Profitability & Estimation Oversight

· Review all project cost estimates prepared by the Sales & Estimation Coordinator before submission to clients.

· Validate assumptions, protect profit margins, and confirm feasibility of project proposals.

· Monitor actual project costs against estimates through job costing and profitability analysis.

· Present profitability reviews and recommendations to the MD to support decision-making.

Purchase & Vendor Management

· Lead the Purchase function, approve purchase orders, and ensure alignment with project budgets.

· Negotiate with vendors to secure favourable terms on pricing, delivery, and payment conditions.

· Maintain professional vendor relationships while controlling costs and ensuring supply reliability.

Inventory Control

· Direct the Inventory department in maintaining accurate stock records and reconciliations.

· Oversee stock inflow/outflow, consumption, and monthly audits to prevent discrepancies, wastage, or pilferage.

· Ensure project requirements are met in time while maintaining efficient stock levels.

Receivables & Collections

· Ensure timely issuance of receipts and invoices in coordination with sales and project teams.

· Monitor receivables, oversee collection follow-ups, and escalate delays when necessary.

· Maintain Sales Outstanding (DSO) within company-defined targets.

Reporting & Advisory

· Submit monthly MIS reports to the MD covering cash flow, profitability, receivables, payables, and inventory.

· Identify and highlight potential risks, including project overruns, cash flow constraints, and vendor disputes.

· Advise the MD on financial planning, investment opportunities, and growth strategies.

Additional Responsibilities

· Strategic Partnering – Act as a financial advisor to the MD and other department heads, shaping pricing, cost optimisation, investment planning, and long-term business strategy.

· Cross-Functional Alignment – Coordinate with Sales, Projects, HR, and Operations to align finance, purchase, and inventory processes with project delivery and company objectives.

· Governance & Risk Oversight – Strengthen financial controls, safeguard assets, and flag risks in contracts, vendor terms, and project estimates while ensuring compliance with company policies.

· Systems & Process Excellence – Drive automation, digitisation, and continuous improvement in finance, accounts, and inventory operations to increase efficiency and accuracy.

· Leadership Development – Build a capable second line of leadership within Finance, Accounts, Purchase, and Inventory teams, fostering accountability, ownership, and transparency.

Team Leadership

· Lead and manage the Assistant Manager – Accounts, Purchase Head, and Inventory Head.

· Provide oversight to the Sales & Estimation Coordinator for profitability checks.

· Mentor and develop staff in billing, MIS, GST, logistics, QC, and store operations.

· Build a culture of accountability, accuracy, and transparency across all departments.

· Set clear objectives, monitor performance, and support continuous capability development within the team.

Job Type: Full-time

Pay: ₹50, ₹75,000.00 per month

Work Location: In person