Job Description: Finance Manager
Company: Indusun Drilling Fluids Private Limited
Department: Finance & Accounts
Location: Dehradun, Uttarakhand
Reporting To: Founder & Managing Director
About Indusun Drilling Fluids Private Limited
Indusun Drilling Fluids Private Limited is a manufacturer of specialty drilling fluid chemicals catering to the oil & gas and industrial sectors. With a growing domestic and international presence, the company is committed to delivering high-quality, innovative, and sustainable chemical solutions through robust manufacturing, technical expertise, and customer-centric operations.
Position Summary
The Finance Manager will be responsible for leading the company’s finance and accounting function, ensuring financial discipline, statutory compliance, treasury management, budgeting, costing, MIS reporting, taxation, and strategic financial planning. The role requires a proactive professional who can support business growth while maintaining strong financial controls and governance.
Key Responsibilities:
Financial Planning & Analysis
· Prepare annual budgets, quarterly forecasts, and long-term financial plans.
· Monitor actual performance against budgets and recommend corrective actions.
· Conduct profitability analysis by product, customer, and business segment.
· Develop financial models for new projects, capital investments, and expansion initiatives.
· Support strategic decision-making through financial analysis and insights.
Accounting & Financial Reporting
· Ensure accurate maintenance of books of accounts in accordance with applicable accounting standards.
· Prepare monthly, quarterly, and annual financial statements.
· Oversee general ledger, accounts payable, accounts receivable, and fixed asset accounting.
· Ensure timely month-end and year-end closures.
· Coordinate statutory, tax, and internal audits.
Costing & Manufacturing Finance
· Monitor product costing, raw material consumption, and manufacturing overheads.
· Analyze plant performance, production costs, and inventory valuation.
· Establish standard costing systems and variance analysis.
· Identify cost optimization opportunities across manufacturing and supply chain.
· Work closely with Production, Procurement, and Supply Chain teams.
Treasury & Working Capital Management
· Manage cash flows and liquidity requirements.
· Prepare rolling cash flow forecasts.
· Monitor bank balances, credit facilities, and utilization.
· Optimize working capital by managing receivables, payables, and inventory.
· Coordinate with banks and financial institutions for loans, guarantees, and banking facilities.
Taxation & Statutory Compliance
· Ensure timely compliance with:
o GST
o Income Tax
o TDS
o PF & ESIC
o Companies Act
o ROC filings
o Other statutory requirements
· Coordinate tax assessments and departmental notices.
· Ensure compliance for export-import transactions and foreign remittances.
Internal Controls & Governance
· Develop and strengthen internal financial controls.
· Implement SOPs for finance and accounting processes.
· Ensure compliance with company policies and delegated authority matrix.
· Identify financial risks and recommend mitigation measures.
· Drive process automation and digital transformation within finance.
MIS & Business Reporting
· Prepare monthly MIS reports for management.
· Monitor key financial KPIs.
· Present management dashboards and business performance reports.
· Provide financial analysis to support operational decision-making.
Payroll & Employee Benefits
· Oversee payroll processing and statutory deductions.
· Ensure timely salary disbursement.
· Manage employee reimbursement processes.
· Coordinate employee insurance and benefit administration.
Banking & External Stakeholder Management
· Manage relationships with:
o Banks
o Auditors
o Tax Consultants
o Company Secretaries
o Government Departments
o Insurance Companies
· Negotiate banking facilities and optimize financial costs.
ERP & Digital Finance
· Lead ERP implementation and finance module optimization.
· Improve automation of accounting and reporting processes.
· Enhance financial reporting accuracy through technology.
Key Performance Indicators (KPIs)
· Monthly financial closing completed on schedule
· Accuracy of financial statements
· Budget adherence
· Working capital cycle
· Cash flow management
· Inventory carrying cost
· Reduction in finance costs
· GST, TDS and statutory compliance
· Audit observations and closure
· Cost savings initiatives
· Debtor collection efficiency
· Financial reporting turnaround time
Required Qualifications
· Chartered Accountant (CA) preferred
· MBA (Finance) / CMA may also be considered
· 6–10 years of relevant experience in finance and accounts
· Manufacturing industry experience is mandatory
· Experience in export-oriented businesses is preferred
· Experience in chemical, specialty chemicals, oil & gas, or process manufacturing industries is an advantage
Required Skills
Technical Skills
· Financial Accounting
· Cost Accounting
· Budgeting & Forecasting
· GST & Direct Taxation
· Financial Modelling
· Treasury Management
· Working Capital Management
· Internal Controls
· ERP Systems (Tally Prime, SAP, Oracle, Microsoft Dynamics or similar)
· Advanced Microsoft Excel
· Power BI / MIS Reporting (preferred)
Leadership Skills
· Strategic thinking
· Decision making
· Financial planning
· Business partnering
· Team leadership
· Negotiation skills
· Problem solving
· High integrity and confidentiality
· Attention to detail
· Strong communication and presentation skills
Key InterfacesInternal
· Founder & Managing Director
· Operations
· Manufacturing
· Supply Chain
· Procurement
· HR & Administration
· Sales & Marketing
· Quality Assurance
External
· Banks
· Auditors
· Tax Consultants
· Government Authorities
· Customers
· Vendors
· Financial Institutions
· Insurance Companies
Career Growth
This position offers an opportunity to become a strategic finance leader within the organization and play a critical role in supporting Indusun’s expansion into domestic and international markets. High-performing candidates will have the opportunity to progress into senior finance leadership positions as the company scales.
Why Join Indusun Drilling Fluids?
· Opportunity to work directly with the Founder in shaping the company’s financial strategy.
· Exposure to manufacturing, exports, and international business.
· High ownership and decision-making authority.
· Fast-growing organization with significant career progression opportunities.
· Collaborative and innovation-driven work culture.
Preferred Qualification: Chartered Accountant, M.Com
Contact us at:
Email: [email protected]
Phone: +91 99906 98928
Pay: ₹25,000.00 - ₹65,000.00 per month
Benefits:
- Cell phone reimbursement
- Flexible schedule
- Health insurance
Education:
Work Location: In person
