Position: Head- Accounts & Finance
Company: Palvi Industries Limited (Mfg. of Molybdenum Chemicals)
Exp. Required: Should have 10+ Years CA in Manufacturing Industries
Location: Vadodara
Qualification: Chartered Account
Job Responsibilities:
· Head finance, accounts, commercial, and supply chain functions, including setting financial objectives, designing and implementing policies, procedures, and systems to strengthen internal and operational controls.
· Formulate and execute business and financial strategies to maximize profitability and achieve organizational goals; oversee preparation and review of annual and periodic financial statements for management.
· Play a key role in Private Equity fundraising by preparing accurate financial data, projections, MIS, and investor presentations.
· Lead commercial operations covering procurement planning, vendor development, rate negotiations, contract finalization, and pricing in alignment with business and margin objectives.
· Manage end-to-end supply chain operations including inventory planning, coordination with production and logistics teams, and ensuring uninterrupted availability of raw materials.
· Develop and monitor MIS and management reports to track key business indicators and support strategic decision-making.
· Manage day-to-day cash flow, working capital requirements, and fund utilization across operations.
· Liaise and negotiate with banks to raise finance at favorable terms to meet working capital and long-term capital requirements, under multiple banking arrangements.
· Coordinate with credit rating agencies for rating of banking facilities in compliance with RBI Basel norms like Care rating and Crisil Rating.
· Oversee foreign currency exposure and hedging strategies to mitigate exchange risk and optimize interest and finance costs.
· Plan and implement robust internal control frameworks across multiple manufacturing plants to ensure effective management control.
· Monitor operational expenditure and lead financial planning initiatives to improve cost control and profitability; coordinate with systems/IT teams for SAP and process enhancements.
· Act as key liaison with Statutory Auditors, Internal Auditors, Cost Auditors, IFC Auditors, Transfer Pricing Auditors, and tax authorities (Income Tax & GST) for audits, assessments, and regulatory matters.
· Ensured end-to-end ROC compliances including AOC-4, MGT-7, MGT-14, PAS-3, DIR-3 KYC and MCA portal filings.
· Receivable & Payable management to ensure proper & adequate cash flow to meet the organizational requirements.
· Assist the Managing Director in developing new projects and in performing all tasks necessary to achieve the organization's mission.
EDUCATION:
· Chartered Accountant
SALARY BUDGET: 20-25 LACS
HOW TO APPLY:
· Interested Candidate are invited to share their updated CV at [email protected] and We provide a competitive salary with no bar for the right candidate who can contribute significantly to our team and organization.
Pay: From ₹2,000,000.00 per year
Benefits:
- Cell phone reimbursement
- Health insurance
- Leave encashment
- Provident Fund
Work Location: In person
