JOB DESCRIPTION – FINANCE HEAD Position

Finance Head

Department

Finance & Accounts

Reporting To

Managing Director / Management

Job Purpose

To lead and manage the organization’s complete finance, accounting, taxation, compliance, commercial, banking, MIS, and administrative functions. The role will ensure financial discipline, statutory compliance, effective cash-flow management, accurate reporting, and strong financial controls across the organization.

Key Responsibilities1. Finance & Accounts Management

- Oversee the complete finance and accounting operations of the organization.
- Ensure accurate and timely accounting, month-end closing, and financial reporting.
- Monitor receivables, payables, expenses, cash flow, and working capital.
- Prepare budgets, forecasts, cash-flow projections, and financial plans.
- Establish and monitor financial controls and approval processes.
- Provide financial insights and recommendations to Management for business decisions.

2. GST & Indirect Taxation

- Ensure timely and accurate GST returns, payments, reconciliations, and compliance.
- Monitor GST input tax credit, output tax, and reconciliation with books.
- Handle GST notices, assessments, audits, and departmental queries.
- Ensure proper documentation and compliance for GST-related transactions.
- Coordinate with tax consultants and auditors wherever required.

3. Income Tax & Direct Tax Compliance

- Coordinate TDS compliance, payments, returns, and reconciliations.
- Support Income Tax return filing, assessments, audits, and notices.
- Coordinate with external tax consultants and statutory professionals.
- Ensure timely compliance with applicable direct-tax requirements.

4. MCA & Corporate Compliance

- Coordinate statutory and regulatory compliances under MCA/Companies Act requirements.
- Work closely with Company Secretary / external consultants for ROC filings and statutory submissions.
- Maintain necessary corporate records, documents, and compliance calendars.
- Ensure timely completion of applicable annual and event-based filings.

5. Banking & Treasury Management

- Manage day-to-day banking operations and relationships with banks.
- Monitor bank balances, fund requirements, payments, collections,



and cash flow.
- Coordinate fund transfers, banking documentation, and account-related requirements.
- Support working-capital requirements, loans, limits, guarantees, and other banking facilities.
- Monitor bank reconciliations and resolve discrepancies.
- Act as a key point of contact with banking partners.

6. Commercial Management

- Oversee commercial finance activities related to purchases, sales, vendors, customers, and business transactions.
- Monitor vendor payments, customer collections, credit terms, and outstanding balances.
- Review commercial agreements, pricing structures, payment terms, and financial implications.
- Ensure proper documentation and financial controls for commercial transactions.
- Identify opportunities to improve cost efficiency and commercial processes.

7. MIS & Management Reporting

- Develop and present regular financial MIS to Management.
- Prepare reports covering sales, gross margin, expenses, profitability, receivables, payables, cash flow, and business performance.
- Develop dashboards and management reports for decision-making.
- Analyze actual performance against budget/targets and highlight variances.
- Provide meaningful financial analysis and business insights.

8. Audit & Compliance

- Coordinate Internal Audit, Statutory Audit, Tax Audit, GST Audit, and other applicable audits.
- Ensure timely closure of audit observations and implementation of corrective actions.
- Maintain proper financial records and supporting documentation.
- Strengthen internal controls and reduce financial/compliance risks.

9. Administration

- Oversee finance-related administrative activities and operational controls.
- Coordinate with internal departments for documentation, approvals, payments, and compliance requirements.
- Ensure proper record management and process discipline.




- Support Management in implementing policies, SOPs, and approval mechanisms.

10. Team Management

- Lead, guide, and develop the Finance & Accounts team.
- Allocate responsibilities and monitor team performance.
- Establish clear processes, timelines, and accountability.
- Ensure timely completion of monthly, quarterly, and annual activities.
- Build a strong compliance and control-oriented finance culture.

Key Deliverables / KPIs

- Timely closure of monthly accounts.
- Accuracy of financial statements and MIS.
- Timely GST, TDS, Income Tax, MCA, and other statutory compliances.
- Effective cash-flow and working-capital management.
- Reduction in outstanding receivables and overdue payments.
- Timely vendor payment management.
- Accuracy and timeliness of management MIS.
- Audit compliance and closure of audit observations.
- Banking and treasury efficiency.
- Commercial cost control and process improvement.
- Effective team productivity and process adherence.

Required Skills & Competencies

- Strong knowledge of Accounting & Finance.
- Good understanding of GST, TDS, Income Tax, and statutory compliance.
- Knowledge of MCA/ROC compliance and corporate documentation.
- Robust MIS and financial analysis skills.
- Commercial and business acumen.
- Banking and treasury management experience.
- Excellent Excel and financial reporting skills.
- Strong analytical and problem-solving ability.
- Good negotiation and stakeholder-management skills.
- Leadership and team-management capability.
- High level of integrity, confidentiality, and attention to detail.

Qualification

- CA / CMA / M.Com / MBA Finance / equivalent qualification.
- Strong practical experience in Finance, Accounts, Taxation, Compliance, and Commercial Operations.

Experience

12–18+ years of relevant experience, preferably in a multi-location / retail / trading / distribution / commercial business environment.

Preferred Exposure

Experience in handling:
Finance & Accounts | GST | Income Tax | TDS | MCA/ROC | MIS | Banking | Treasury | Commercial Operations | Audit | Administration | Team Management

Work Location: In person

📌 Finance Head (India)
🏢 It World
📍 India