01 Oct
|
Piramal Group
|
Mumbai
01 Oct
Piramal Group
Mumbai
Site Finance Head
Domnic Lewis has been mandated to hire for Site Finance Head
Location- Turbhe, Navi Mumbai
Department- Finance
Travel - Limited
JD-
The Head of Finance will lead the finance function for a large manufacturing site, partnering closely with business and operational leaders to drive financial performance, ensure robust controls, and support strategic decision-making. The role requires ownership of the site's financial health, including Profit & Loss, Balance Sheet, Cash Flow, compliance, and business profitability initiatives.
Reporting Structure
- Direct Reporting: Site Head
- Matrix Reporting: Regional Finance Leadership
Key Stakeholders
Internal
- Site Heads of Departments
- Operations, Supply Chain, Manufacturing, Procurement, Quality, Engineering, and other functional leaders
- Shared Services Teams
- Business Leadership Teams
External
- Statutory Auditors
- Internal Auditors
- Regulatory Authorities
- Banking and Financial Partners (as applicable)
Educational Qualification
- Chartered Accountant (CA) – First or Second Attempt Preferred
Experience
- 10–14 years of post-qualification experience in a large manufacturing environment
- Prior experience in business finance, plant finance, or commercial finance roles
- Experience in the pharmaceutical industry will be an added advantage
- Demonstrated success in driving profitability and operational efficiencies
Key Responsibilities
Financial Leadership
- Lead and develop the finance team at the manufacturing site.
- Own and manage the site's Balance Sheet, Profit & Loss Statement,
and Cash Flow.
- Serve as a strategic finance business partner to site leadership and business teams.
Business Partnering & Profitability
- Collaborate with cross-functional teams to improve site profitability while maintaining strong governance and controls.
- Identify and drive pricing, cost optimization, productivity improvement, and monetization opportunities.
- Support decision-making through financial analysis and business insights.
Working Capital & Cash Management
- Drive effective working capital management initiatives.
- Monitor cash flow performance and implement actions to optimize cash utilization.
Budgeting & Performance Management
- Lead the annual budgeting and forecasting process.
- Ensure timely and accurate management reporting (MIS).
- Analyze financial performance against budget, forecast, and prior-year results.
- Provide actionable recommendations based on variance analysis.
Capital Expenditure & Investments
- Review and evaluate capital expenditure proposals.
- Ensure investments align with business objectives and financial return expectations.
Financial Controls & Accounting
- Ensure timely completion of all site accounting activities,
including costing, monthly close processes, and balance sheet reconciliations.
- Maintain strong financial controls and ensure balance sheet integrity.
- Partner with shared services teams to ensure timely vendor payments, collections, and accurate accounting records.
Compliance & Governance
- Ensure adherence to accounting standards, company policies, and internal control frameworks.
- Maintain compliance with credit, accounting, taxation, and financial governance requirements.
- Support internal and external audit processes.
Key Competencies
Technical & Functional
- Strong understanding of accounting principles, financial planning, budgeting, and financial analysis.
- Experience in manufacturing finance, cost accounting, and plant operations.
- Proven ability to drive business profitability and performance improvement.
- Solid working knowledge of financial controls and compliance frameworks.
Leadership & Behavioral
- Strong people leadership and team management capabilities.
- Ability to influence and engage senior stakeholders.
- Excellent analytical and problem-solving skills.
- Effective communication and presentation skills.
- High degree of ownership, accountability, and business acumen.
- Ability to work collaboratively across functions and drive organizational change.
Success Factors
- Growth Mindset
- Business Transformation Orientation
- Customer and Stakeholder Focus
- Strategic Thinking
- Operational Excellence
- Results-Driven Leadership
📌 Site Finance Head (Mumbai)
🏢 Piramal Group
📍 Mumbai