The Finance Head is responsible for managing financial planning, accounting operations, statutory compliance, and financial reporting to support the organization’s business goals. The role focuses on ensuring accurate financial records, maintaining regulatory compliance, managing banking and working capital, strengthening financial controls, and providing data-driven insights for strategic decision-making. The Finance Manager also oversees ERP systems such as SAP and Tally to ensure accurate financial tracking and reporting.
Key Responsibilities
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Financial Planning & Budgeting
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Prepare and manage annual budgets and financial forecasts.
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Monitor budget performance and provide variance analysis.
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Manage working capital efficiently to support business operations.
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Coordinate with departments to ensure effective resource allocation.
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Accounting & Compliance
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Ensure accurate maintenance of books of accounts and financial records.
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Prepare timely financial statements and management reports.
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Ensure compliance with tax laws, statutory regulations, and financial reporting standards.
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Coordinate with auditors and regulatory authorities during audits and assessments.
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Financial Controls & Risk Management
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Implement and monitor internal financial controls to minimize risks.
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Conduct periodic reviews to ensure compliance with financial policies.
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Monitor inventory valuation and cost control processes.
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Address audit observations and implement corrective actions.
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Reporting & Strategic Support
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Prepare and submit financial reports and dashboards to management.
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Provide financial insights to support business decisions and strategy.
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Analyze financial performance and identify areas for improvement.
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Support leadership with financial planning and forecasting inputs.
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Banking & Finance Operations
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Manage banking relationships and financial transactions.
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Ensure timely processing of payments, settlements, and reconciliations.
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Oversee export finance activities including letters of credit (LC) and foreign exchange transactions.
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Monitor cash flow and optimize funding requirements.
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Team Leadership & Development
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Lead and manage the finance and accounts team.
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Conduct training programs to improve financial knowledge and skills.
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Ensure adherence to accounting processes and internal controls.
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Promote a collaborative and performance-driven finance team culture.
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Systems Integration & Usage
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Ensure effective use of ERP systems such as SAP and Tally for financial management.
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Monitor system utilization for reporting, tracking, and compliance.
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Maintain accuracy and consistency of financial data across systems.
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Support system improvements and integration initiatives.
Key Performance Indicators (KPIs)
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Accuracy of annual budgets and financial forecasts
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Effective working capital management
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Timeliness and accuracy of financial statements
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Compliance with tax and regulatory requirements
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Number of internal audit findings and corrective actions
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Inventory valuation accuracy and cost control effectiveness
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Timely submission of financial reports
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Use of financial data and insights in management decisions
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Timely processing of payments and settlements
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Efficient management of export financing (LC, forex)
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Number of training programs conducted for finance team
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Team satisfaction and adherence to financial processes
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ERP system utilization for reporting and compliance
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Data accuracy across SAP and Tally systems
Qualifications
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Bachelor’s degree in Commerce, Finance, or Accounting.
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CA / CMA / MBA Finance preferred.
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8–12 years of experience in finance and accounting, preferably in FMCG / manufacturing / export-oriented organizations.
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Strong knowledge of financial planning, taxation, statutory compliance, and audit processes.
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Experience working with ERP systems such as SAP and Tally.
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Strong analytical, leadership, and decision-support capabilities.
