11 Aug
|
Tube Investments of India
|
Thiruvallur
11 Aug
Tube Investments of India
Thiruvallur
Job Description Tube Investments of India Limited (TIIL), a flagship Murugappa Group company, has acquired a 67% stake in KCAL, making it a subsidiary of TII.
n 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.
n Job Summary
n 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.
n Key Responsibilities
n 1. Financial Leadership
n n Provide strategic financial direction to support business growth, profitability, and operational excellence.
n Lead the finance team across accounting, FP&A;, costing, treasury, and compliance.
n Establish and strengthen internal financial controls, policies, and governance frameworks.
n n 2. Financial Planning, Budgeting & FP&A;
n n Lead budgeting, monthly forecasting, and long range financial planning.
n Conduct detailed P&L;, balance sheet, cash flow and variance analysis.
n Provide actionable insights to management through MIS and business review presentations.
n Partner with manufacturing, procurement, operations, and sales to understand cost drivers and business performance.
n n 3. Controllership & Accounting
n n Oversee all accounting operations, month/Quarter closing, reconciliations, and ledger accuracy.
n Ensure timely preparation of financial statements as per Ind AS accounting standards.
n Monitor working capital, cash flow, receivables, payables, and inventory controls.
n n 4. Statutory Compliance & Taxation
n n Ensure full compliance with the Companies Act, GST, Income Tax, and all other statutory requirements.
n Oversee GST returns, TDS, income tax filings, and statutory reporting.
n Liaise with auditors (statutory, internal, tax) and ensure timely closure of audits.
n Maintain compliance calendars and ensure timely filings and renewals.
n n 5. Costing & Profitability Management
n n Lead costing, cost sheet preparation, overhead absorption, and margin analysis.
n Drive cost optimization initiatives across manufacturing, supply chain, and overheads.
n Support Capex evaluation, ROI analysis, and productivity improvement projects.
n n 6. Treasury, Banking & Cash Flow Management
n n Manage banking relationships, credit facilities, working capital limits, on Fund Based limits and fund flows.
n Optimize cash flow, manage interest costs, and improve liquidity planning.
n Oversee payments, vendor terms, hedging and risk management.
n n 7. Strategic Business Support
n n Support strategic decisions on new product introduction (NPI), expansion projects, pricing, and capital structure.
n Lead financial evaluation for make-vs-buy, outsourcing, investment decisions, and feasibility studies.
n Drive ERP/system implementations and digital finance initiatives.
n n Required Qualifications & Experience
n n CA/CMA with 4–5 years of experience in manufacturing sector or Large audit firm.
n Strong expertise in accounting, finance operations, FP&A;, costing, and statutory compliance.
n Proficiency in financial modelling, Excel, Oracle ERP systems and management reporting.
n Solid leadership, communication, problem solving, and business partnering skills.
n n Location: Tiruttani
📌 Financial Controller (Thiruvallur)
🏢 Tube Investments of India
📍 Thiruvallur