Position: Head of Finance & Accounts (HOD) / Chief Financial Officer (CFO)
Department: Finance & Accounts
Reporting To: Managing Director (MD)
Qualification: Chartered Accountant (CA) – Mandatory. Additional qualification such as MBA (Finance), CFA, CS, CMA will be an added advantage.
Experience:
· 12–18+ years of post-qualification experience.
· Minimum 5 years in a leadership role managing the complete Finance & Accounts function.
· Experience in Manufacturing, Luxury Furniture, Interior Fit-out, Construction, or Engineering industries preferred.
· Hands-on experience in handling multiple companies/entities.
Job Summary
The Head of Finance & Accounts / CFO will lead the entire Finance & Accounts function of the organization and act as a strategic business partner to the Managing Director. The role is responsible for financial planning, accounting, taxation, treasury, statutory compliance, budgeting, MIS, audits, costing, inventory controls, ERP implementation, risk management, and business profitability while ensuring complete financial governance and statutory compliance.
Key Responsibilities:
Financial Leadership
- Lead and manage the complete Finance & Accounts Department.
- Develop financial strategies aligned with organizational goals.
- Support the MD in strategic financial decision-making.
- Drive profitability and improve operational efficiency.
- Establish robust financial governance and internal controls.
Financial Planning & Analysis
- Annual Budget preparation.
- Quarterly Forecasting.
- Monthly Financial Analysis.
- Cash Flow Planning.
- Working Capital Management.
- Capital Investment Analysis.
- Business Expansion Financial Evaluation.
- Cost Optimization Initiatives.
- Profitability Analysis by Business Unit.
Financial Accounting
- Ensure accurate maintenance of books of accounts.
- Finalization of monthly, quarterly and annual financial statements.
- Ensure compliance with Accounting Standards (where applicable).
- Review Journal Entries.
- Ledger Scrutiny.
- Balance Sheet Review.
- Trial Balance Monitoring.
- Revenue Recognition.
- Fixed Asset Accounting.
- Depreciation Accounting.
- Provisioning and Accruals.
Taxation
- GST Compliance.
- GSTR-1, GSTR-3B, GSTR-9.
- GST Reconciliation.
- GST Assessments.
- Income Tax Compliance.
- TDS Compliance.
- Advance Tax.
- Tax Planning.
- Tax Audit.
- Transfer Pricing (if applicable).
- Handling notices from GST and Income Tax Departments.
Treasury Management
- Banking Operations.
- Fund Management.
- Cash Flow Forecasting.
- Loan Management.
- Banking Limits.
- BG/LC Management.
- Working Capital Utilization.
- Foreign Exchange Exposure (if applicable).
- Vendor Payments.
- Customer Collections.
- Liquidity Management.
Costing & Manufacturing Finance:
- Product Costing.
- Standard Costing.
- BOM Costing.
- Manufacturing Cost Analysis.
- Cost Reduction Initiatives.
- Inventory Valuation.
- Material Cost Analysis.
- Labour Cost Analysis.
- Factory Cost Control.
- Variance Analysis.
- Gross Margin Improvement.
Inventory & Internal Controls:
- Inventory Valuation.
- Physical Stock Verification.
- Slow Moving Inventory Analysis.
- Dead Stock Identification.
- Inventory Ageing.
- Internal Financial Controls.
- Asset Verification.
- Fixed Asset Register.
- Internal Control Framework.
Audit & Compliance:
- Statutory Audit.
- Internal Audit.
- Tax Audit.
- Cost Audit (if applicable).
- Secretarial Compliance Coordination.
- Risk Assessment.
- SOP Implementation.
- Financial Policy Formulation.
- Compliance Monitoring.
MIS & Business Reporting:
- Monthly MIS.
- Department-wise Profitability.
- Project Profitability.
- Business Dashboards.
- Cash Flow Reports.
- Budget vs Actual Analysis.
- Sales Analysis.
- Margin Analysis.
- Collection Reports.
- Working Capital Reports.
- Management Presentations.
ERP & Digital Transformation:
- Software Implementation.
- ERP Process Improvement.
- Financial Automation.
- Digital Approval Systems.
- Dashboard Development.
- Financial Reporting Automation.
- Data Analytics.
Commercial & Legal Coordination:
- Review Commercial Agreements.
- Financial Risk Assessment.
- Vendor Agreements.
- Customer Contracts.
- Insurance Management.
- Claim Management.
- Bank Documentation.
- Legal Financial Support.
Team Management:
- Lead Finance & Accounts Team.
- Team Development.
- Performance Management.
- SOP Development.
- Cross-functional Coordination.
- Employee Training.
- Succession Planning.
Key Performance Indicators (KPIs)
Financial:
- Budget Achievement
- EBITDA Growth
- Profitability Improvement
- Working Capital Efficiency
- Cash Flow Management
- Cost Reduction
- Revenue Leakage Control
Compliance:
- 100% Statutory Compliance
- Zero Tax Penalties
- Zero Major Audit Qualifications
- Timely Return Filing
- Accurate Financial Reporting
Operational:
- Monthly Closing within Defined Timelines
- Reduction in Outstanding Receivables
- Inventory Accuracy
- Vendor Payment Discipline
- ERP Data Accuracy
Strategic:
- Business Expansion Support
- Financial Risk Mitigation
- Cost Optimization Projects
- Investment Evaluation
- Process Automation
Technical Skills Required:
- Advanced Financial Accounting
- Corporate Finance
- Financial Modelling
- Budgeting & Forecasting
- Cost Accounting
- Treasury Management
- Direct & Indirect Taxation
- GST
- TDS
- Income Tax
- Internal Controls
- Financial Planning & Analysis (FP&A)
- Inventory Accounting
- Manufacturing Costing
- ERP Systems (Microsoft Dynamics, Tally Prime, Busy, etc.)
- Advanced Microsoft Excel
- Power BI / Business Intelligence Tools
- MIS Reporting
Leadership Competencies:
- Strategic Thinking
- Business Acumen
- Commercial Awareness
- Financial Risk Management
- Negotiation Skills
- Decision Making
- Leadership & Team Building
- Problem Solving
- Analytical Thinking
- Integrity & Ethical Conduct
- Stakeholder Management
- Change Management
Desired Industry Exposure
- Luxury Furniture Manufacturing
- Interior Design
- Modular Furniture
- Manufacturing
- Construction
- EPC
- Retail Manufacturing
- Engineering
Work Location: In person
