Finance Head (India)

Finance Head (India)

02 Aug
|
PSM Fasteners India
|
India

02 Aug

PSM Fasteners India

India

Finance Manager/ Finance Head

The purpose of this role is to establish and lead the finance function for our new Chennai-based operations, ensuring robust financial governance, full statutory compliance, and accurate reporting from day one. As a strategic business partner to the leadership team, the Finance Manager will drive financial planning, budgeting, and performance analysis to support informed decision-making and sustainable growth, while building and mentoring a high-performing finance team to support the company's long-term success.

Main duties/responsibilities

· Design, implement, and maintain the company's accounting framework, internal controls, and financial policies in compliance with Indian Accounting Standards (Ind AS) and corporate reporting requirements.

· Lead the preparation and review of monthly, quarterly, and annual financial statements, including P&L;, Balance Sheet, and Cash Flow Statements.

· Oversee month-end and year-end closing processes, ensuring accuracy, completeness, and timeliness.

· Manage all direct and indirect tax compliance matters, including GST, TDS, Income Tax filings, and other statutory remittances, ensuring zero delays or penalties.

· Serve as the primary liaison with external auditors, tax consultants, and regulatory bodies, coordinating statutory audits, tax audits, and internal audit reviews.

· Oversee cash flow planning, working capital management, and banking relationships, optimizing fund utilization and liquidity.

· Lead the annual budgeting process, rolling forecasts, and variance analysis, monitoring budget adherence and providing actionable financial insights to management.





· Partner with cross-functional teams to provide financial decision support, including project profitability analysis, cost optimization recommendations, and ROI evaluations.

· Develop and monitor key financial performance indicators, and prepare comprehensive reports and financial dashboards for senior leadership.

· Recruit, train, and manage the finance team, setting clear objectives and fostering a culture of accuracy, integrity, and continuous improvement.

KPIs of the role

· Accuracy and in time the fillings of all Regulatory and financial requirements

· Nil governance and financial issues or compliance breaches through Risk Management

· Board satisfaction based on corporate governance

· Efficiency in organizing and documenting board meetings

· Accuracy and up-to-date status of statutory records

· Internal and External Financial reporting as per agreed timelines

· Budget adherence and financial forecasting with fair accuracy

Experience and knowledge required for the role

· Strong knowledge of corporate laws, financial regulations, governance, and regulatory frameworks

· Experience in liaising with regulatory authorities such as ROC, Income Tax, GST and relevant compliance bodies.

· Familiarity with corporate governance and financial principles and internal risk management frameworks.

· 12-14 years of experience in similar role in a privately held company.

· CMA (Cost & Management Accountant)

Pay: ₹100,000.00 - ₹300,000.00 per month

Advantages:

- Cell phone reimbursement
- Health insurance
- Leave encashment
- Life insurance
- Paid sick time
- Paid time off
- Provident Fund

Work Location: In person

📌 Finance Head (India)
🏢 PSM Fasteners India
📍 India

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