11 Aug
|
SDP HR Solution
|
Vadodara
11 Aug
SDP HR Solution
Vadodara
Job Description:
Key Responsibilities
Financial Management and Reporting
- Oversee complete accounting and finance operations across the organisation
- Prepare and present monthly, quarterly, and annual financial statements
- Monitor cash flow, fund flow, and working capital on an ongoing basis
- Conduct variance analysis and ensure accurate and timely MIS reporting to senior management
- Implement standard costing per product and per batch
- Budgeting and Cost Control
- Prepare annual budgets and monitor utilisation across all departments
- Analyse production costs, raw material costs, utility costs, and operational expenses
- Identify and drive cost reduction and profitability improvement initiatives
- Ensure accurate fixed asset accounting and capital expenditure tracking
Banking and Commercial Finance
- Serve as the primary finance interface with banking partners across nationalised and private banks
- Manage working capital limits, term loans, letters of credit, bank guarantees, and related documentation
- Lead coordination for structured finance and project finance requirements
- Review commercial contracts and payment terms
- Monitor debtor collections and vendor payment cycles
Taxation and Statutory Compliance
- Ensure full compliance with GST, TDS, Income Tax, PF, ESIC, and Companies Act
- Build and maintain an organisation-wide compliance calendar
- Coordinate with external auditors, CA firms, consultants, and government authorities
- Handle assessments, notices, and statutory filings in a timely and proactive manner
US Subsidiary Finance Operations
- Manage financial operations of the US subsidiary including inter-company transactions and reconciliations
- Coordinate with the US CPA for Delaware and state-level compliance requirements
- Define and implement inter-company transaction policy between the India entity and the US subsidiary
- Oversee US banking operations, payment processes, and expense policies
Plant and Inventory Finance
- Monitor inventory valuation, stock verification, and material reconciliation
- Control wastage, consumption variance, and production costing
- Coordinate with Stores, Purchase, Production, and Dispatch on finance-related matters
- Audit and Internal Controls
- Lead internal, statutory, tax, and cost audits
- Develop and strengthen internal control systems and SOPs across all finance processes
- Implement payment authorisation frameworks and approval hierarchies
- Ensure compliance with company policies and financial procedures at all times
Systems and Process Building
- Design and implement finance processes, workflows, and controls from the ground up
- Standardise and document all finance operations including payments, collections, reconciliation, and statutory filings
- Build a finance function that operates on robust systems and processes rather than on individuals
- Drive discipline and accountability across the finance team through structured processes
Team Management
- Lead and develop a team of 3 to 4 finance and accounts professionals
- Conduct performance monitoring, training, and capability development within the team
- Coordinate effectively with plant management, department heads, and the corporate office
Qualifications and Experience
- CA / CMA / MBA Finance / M.Com
- 15 to 20 years of experience in finance and accounts
- Minimum 5 years in a senior finance leadership role
- Manufacturing industry background strongly preferred, specifically chemical, specialty chemical, pharma, or process industry
- Demonstrated experience managing banking relationships personally
- Prior experience in an MSME or growth-stage business that was actively building systems and processes will be viewed favourably
- Exposure to inter-company transactions, subsidiary management, or international finance operations is an advantage
Required Skills
- Strong working knowledge of GST, TDS, Income Tax, and Companies Act
- Experience building finance systems, processes, and internal controls in a manufacturing environment
- Standard costing and batch-level manufacturing finance expertise
- Solid analytical, leadership, and communication skills
- Ability to operate effectively in a fast-paced, evolving environment with high ownership expectations
📌 General Manager - Finance & Accounts (Vadodara)
🏢 SDP HR Solution
📍 Vadodara