Accounts & Finance Head

22 hours ago

Navi Mumbai, Maharashtra, India Accupack Engineering Pvt Ltd Full time ₹ 8,00,000 - ₹ 24,00,000 per year

Job Title: Accounts & Finance Head

Reports to: Director

Department: Accounts & Finance

Reporting To: Director

Location: Rabale, Navi MumbaiPurpose of the Role:

To lead and manage the company's overall financial and accounting functions, ensuring statutory compliance, effective fund management, accurate financial reporting, and strategic financial planning. The role is responsible for maintaining fiscal discipline, supporting business growth, and ensuring transparency and accuracy in all financial transactions of the organization.

Key Responsibilities:1. Financial Management & Reporting

· Oversee preparation and finalization of Balance Sheet, Profit & Loss Account, and Cash Flow statements.

· Ensure accuracy and timeliness in monthly, quarterly, and annual financial reporting.

· Analyze financial performance and recommend corrective actions to management.

· Monitor and control overheads and ensure adherence to budgets.

2. Accounting Operations

· Supervise all accounting functions — General Ledger, Accounts Payable, Accounts Receivable, and Bank Reconciliation.

· Ensure proper maintenance of accounting records as per statutory requirements.

· Oversee Cost Accounting for machine and change part manufacturing.

· Implement and monitor internal financial controls.

3. Taxation & Statutory Compliance

· Ensure timely filing and compliance for GST, TDS, PF, ESIC, Income Tax, and other statutory requirements.

· Liaise with auditors, consultants, and government departments during audits and assessments.

· Keep abreast of changes in tax laws and regulatory frameworks impacting the company.

4. Banking & Treasury Management

· Manage working capital, cash flow, and fund flow efficiently.

· Handle banking relationships for credit facilities, LC/BG documentation, and term loans.

· Optimize utilization of bank limits and ensure timely repayment and interest management.

5. Budgeting & Cost Control

· Lead the annual budgeting and forecasting process in coordination with all departments.

· Analyze cost variances and drive cost-reduction initiatives across the organization.

· Support management in pricing and profitability analysis for machines, spares, and projects.

6. Strategic & Leadership Responsibilities

· Provide financial insights for strategic decision-making and business expansion.

· Develop and mentor the accounts & finance team for enhanced performance.

· Collaborate with other departments (Sales, Purchase, Production, HR) for cross-functional financial support.

· Ensure transparency, ethical practices, and financial discipline across all financial activities.

Mandatory Skills & Knowledge:

· Strong knowledge of accounting standards, taxation laws, and statutory compliances.

· Expertise in SAP systems.

· Sound understanding of costing in a manufacturing environment.

· Excellent analytical, leadership, and communication skills.

· Strong command over Excel, MIS, and financial analysis.

· Experience in fundraising, banking negotiations, or financial risk management.

· Exposure to export/import transactions and foreign currency management.

· Understanding of company law, audits, and secretarial compliance.

Qualification & Experience:

· Educational Qualification: B.Com Graduatesss

· Experience: 10–15 years of experience in Accounts & Finance, preferably in engineering or machine manufacturing industry, with at least 3–5 years in a managerial or head role.

Job Type: Full-time

Pay: ₹100, ₹120,000.00 per year

Benefits:

  • Health insurance
  • Provident Fund

Work Location: In person

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