Head of Finance & Accounts (GM Level)

December 14, 2024
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Job Description

Job Description: Head of Finance & Accounts (GM Level)

Position: Head Finance & Accounts (GM Level)
Location: Noida, India
Industry: Manufacturing/Automobile Sector
Experience: 18-22 years
Qualification: Chartered Accountant (CA)

About the Company

Our client is a large and well-established Indian company in the manufacturing sector. The organization is known for its robust operations, innovative products, and a commitment to excellence.

The selected candidate will lead the Finance & Accounts function at a senior management level, overseeing financial operations, strategic planning, and regulatory compliance for the manufacturing units.

Roles and Responsibilities

Strategic Financial Leadership

  1. Drive the financial strategy of the company and provide insights to the executive management team to support decision-making.
  2. Ensure alignment of financial goals with business objectives to achieve sustained growth.
  3. Monitor industry trends and conduct financial forecasting to assist in strategic planning.

Financial Planning and Budgeting

  1. Develop, manage, and oversee the annual financial budget in coordination with department heads.
  2. Analyze budget variances and recommend corrective actions.
  3. Ensure effective utilization of resources and manage cost-control measures across the organization.

Plant Finance Management

  1. Oversee all finance and accounting operations for the manufacturing plants.
  2. Establish robust systems for monitoring operational performance, production costs, and inventory management.
  3. Ensure accurate costing and pricing mechanisms to maintain profitability.

Accounts Management

  1. Supervise the accounting processes, including general ledger, accounts payable, accounts receivable, and payroll.
  2. Ensure timely and accurate preparation of financial statements in compliance with accounting standards.
  3. Drive process improvements in accounting to ensure efficiency and accuracy.

Compliance and Risk Management

  1. Ensure compliance with all regulatory requirements, including direct and indirect taxation, GST, and corporate law.
  2. Manage internal and external audits, ensuring adherence to statutory requirements.
  3. Identify and mitigate financial risks to safeguard company assets.

Leadership and Team Development

  1. Lead and mentor the Finance & Accounts team, fostering a culture of excellence and continuous learning.
  2. Build cross-functional collaboration to support operational excellence.

Reporting and Stakeholder Management

  1. Present financial reports and analysis to the senior management and board of directors.
  2. Build relationships with banks, financial institutions, and other stakeholders for funding, credit management, and compliance.

Required Skills and Competencies

  1. Technical Expertise:
    • Deep understanding of financial principles, budgeting, and financial modeling.
    • Strong knowledge of taxation, regulatory compliance, and cost accounting.
    • Proficiency in financial software and ERP systems.
  2. Sector Knowledge:
    • Prior experience in the manufacturing or automobile sector, specifically in plant finance and accounts.
    • Familiarity with operational challenges and cost management in the manufacturing domain.
  3. Leadership Skills:
    • Proven ability to lead large teams and manage cross-functional collaboration.
    • Strategic thinker with a solution-oriented approach.
  4. Analytical Abilities:
    • Strong analytical skills with attention to detail.
    • Ability to interpret financial data and make data-driven decisions.
  5. Communication and Interpersonal Skills:
    • Excellent verbal and written communication skills.
    • Ability to interact with stakeholders at all levels effectively.

Preferred Qualifications

  • Experience in ERP implementation for financial processes.
  • Exposure to working in a high-growth environment with multi-plant operations.
  • Familiarity with global reporting standards (IFRS/US GAAP) is a plus.

Job Benefits

  • Opportunity to work with a reputed and established organization.
  • Competitive compensation and performance-based incentives.
  • A leadership role with the potential to influence organizational growth.

Application Process

Please send your CV to mridul@tusthi.com or contact us at +91-9810332114