Tube Investments of India Limited (TIIL), a flagship Murugappa Group company, has acquired a 67% stake in KCAL, making it a subsidiary of TII. KCAL operates its manufacturing facility in Thiruttani, Tamil Nadu, with an installed production capacity of approximately 680 tonnes per month. With an annual turnover of approximately ₹200 crore and a workforce of around 234 employees, KCAL has established itself as a key player in the automotive HVAC component segment.

Job Summary We are seeking a dynamic and strategic ‘Head of Finance/ Senior Manager Finance’ to lead the Finance function for this business in Thiruttani. This role is responsible for complete financial governance, including financial planning & analysis, accounting, statutory compliance, budgeting, treasury, taxation, audit, and business partnering. The ideal candidate will ensure robust financial control, drive profitability improvements, and provide strategic insights to support management decision-making and long term business growth.

Key Responsibilities 1.

Financial

Leadership - Provide strategic financial direction to support business growth, profitability, and operational excellence.

- Lead the finance team across accounting, FP&A;, costing, treasury, and compliance.
- Establish and strengthen internal financial controls, policies, and governance frameworks. 2.

Financial

Planning, Budgeting & FP&A; - Lead budgeting, monthly forecasting, and long range financial planning.

- Conduct detailed P&L;, balance sheet, cash flow and variance analysis.
- Provide actionable insights to management through MIS and business review presentations.
- Partner with manufacturing, procurement, operations, and sales to understand cost drivers and business performance.
- Controllership & Accounting - Oversee all accounting operations, month/Quarter closing, reconciliations, and ledger accuracy.




- Ensure timely preparation of financial statements as per Ind AS accounting standards.
- Monitor working capital, cash flow, receivables, payables, and inventory controls. 4.

Statutory

Compliance & Taxation - Ensure full compliance with the Companies Act, GST, Income Tax, and all other statutory requirements.

- Oversee GST returns, TDS, income tax filings, and statutory reporting.
- Liaise with auditors (statutory, internal, tax) and ensure timely closure of audits.
- Maintain compliance calendars and ensure timely filings and renewals.
- Costing & Profitability Management - Lead costing, cost sheet preparation, overhead absorption, and margin analysis.
- Drive cost optimization initiatives across manufacturing, supply chain, and overheads.
- Support Capex evaluation, ROI analysis, and productivity improvement projects.
- Treasury, Banking & Cash Flow Management - Manage banking relationships, credit facilities, working capital limits, on Fund Based limits and fund flows.
- Optimize cash flow, manage interest costs, and improve liquidity planning.
- Oversee payments, vendor terms, hedging and risk management. 7.

Strategic Business

Support - Support strategic decisions on recent product introduction (NPI), expansion projects, pricing, and capital structure.

- Lead financial evaluation for make-vs-buy, outsourcing, investment decisions, and feasibility studies.
- Drive ERP/system implementations and digital finance initiatives.

Required Qualifications & Experience - CA/CMA with 4–5 years of experience in manufacturing sector or Large audit firm.

- Strong expertise in accounting, finance operations, FP&A;, costing, and statutory compliance.
- Proficiency in financial modelling, Excel, Oracle ERP systems and management reporting.
- Strong leadership, communication, problem solving, and business partnering skills.

Location: Tiruttani

📌 Financial Controller (Madurai)
🏢 Tube Investments of India
📍 Madurai