The Vice President – Accounts & Finance is the senior-most finance role within the Pai Kane Group, responsible for the entire financial architecture across a multi-entity, multi-geography manufacturing organisation. The group comprises multiple companies operating from India (Goa, Maharashtra) and the UK (Sheffield), with a combined product portfolio spanning generator sets, transformers, compact substations, switchboards, pumps, and renewable energy solutions, serving customers in 86+ countries.

Reporting directly to the Chairman & Managing Director, the VP will own financial strategy, statutory compliance, treasury, taxation, ERP governance, costing, MIS, audit, and banking relationships across the group. This is a hands-on leadership role — the successful candidate must be equally comfortable presenting to the board and rolling up their sleeves to fix a reconciliation. The group is in an aggressive growth phase with multiple new verticals launching simultaneously, which demands a finance leader who can build systems that scale, not merely maintain what exists.

The ideal candidate brings 15–20 years of progressively responsible finance experience in a manufacturing company with ERP-driven operations and a minimum revenue scale of ₹700–1000 crores.

Job Responsibilities

1. Group Financial Management & Reporting: Own the preparation and presentation of consolidated and entity-wise financial statements across all Pai Kane Group companies (India and UK). Ensure timely monthly, quarterly, and annual closings. Deliver board-ready MIS packs, P&L; analysis, cash flow forecasts, and variance commentary to the CMD.

1. Group Financial Management & Reporting: Own the preparation and presentation of consolidated and entity-wise financial statements across all Pai Kane Group companies (India and UK). Ensure timely monthly, quarterly, and annual closings.



Deliver board-ready MIS packs, P&L; analysis, cash flow forecasts, and variance commentary to the CMD.

2. Statutory Compliance & Taxation: Ensure full compliance with Indian statutory requirements (Companies Act, Income Tax, GST, TDS, ROC filings, FEMA, RBI regulations) and UK requirements (Companies House, HMRC, VAT, corporation tax) across all group entities. Coordinate with external auditors, tax consultants, and legal advisors. Own the tax planning strategy for the group.

3. ERP & Financial Systems Governance: Own the financial modules of the group’s ERP ecosystem (currently Zoho Books, Zoho Inventory, Zoho CRM). Ensure data integrity, chart of accounts standardisation, inter-company transaction frameworks, and financial reporting automation. Evaluate and drive ERP upgrades or migration as the group scales.

4. Treasury, Banking & Working Capital: Manage banking relationships across India and the UK. Oversee cash flow management, working capital optimisation, LC/BG management, trade finance facilities, and foreign exchange exposure. Negotiate and maintain credit facilities aligned to the group’s growth requirements.

5. Costing, Pricing & Margin Analysis: Establish and maintain a robust product costing framework for engineered-to-order manufacturing (gensets, transformers, substations, switchboards, pumps). Provide margin analysis and pricing support to the sales and business development teams. Ensure accurate job costing and project-level profitability tracking.

6.



Budgeting & Business Planning: Lead the annual budgeting and business planning process across all entities and verticals. Track actual vs. budget performance. Provide financial modelling and scenario analysis for new ventures, capital investments, and market entry decisions.

7. Transfer Pricing & Inter-Company: Design and maintain a compliant and commercially sensible transfer pricing framework for transactions between Indian and UK entities. Ensure proper documentation and benchmarking per Indian and UK transfer pricing regulations.

8. Audit & Internal Controls: Coordinate statutory audits, tax audits, and internal audits across all entities. Strengthen internal controls, approval matrices, and financial SOPs. Drive a culture of financial discipline and transparency across the organisation.

9. Customs, Export Incentives & Trade Compliance: Oversee customs duty management, export documentation, MEIS/RoDTEP claims, EPCG obligations, and trade compliance across the group’s substantial export operations. Ensure the group maximises legitimate duty advantages and incentive schemes.

10. Team Leadership & Capability Building: Build, mentor, and lead the accounts and finance team across group entities. Establish clear roles, reporting lines, and performance standards. Develop the team’s capability in ERP usage, analytical reporting, and business partnering.

Education: Chartered Accountant (CA) — mandatory. Additional qualifications such as CMA (ICWA), CS, CPA, or MBA (Finance) are a strong plus.

Experience (Minimum) : 15–20 years of progressive finance experience, with at least 5–7 years at a senior leadership level (CFO / VP Finance / Financial Controller / Head of Finance).

Pay: Up to ₹4,000,000.00 per year

Work Location: In person

📌 Vice President – Accounts & Finance (Tuem)
🏢 Solray Solutions
📍 Tuem