Job Description – Head of Finance

Job Title: Head – Finance / Finance Head

Qualification: Chartered Accountant (CA) – Mandatory

Location: Borivali, Mumbai – On-site

Industry: Manufacturing / Supply Chain

Employment Type: Full-Time

Experience: 8–15 years of relevant experience

Job Summary

We are looking for an experienced and commercially oriented Head of Finance to lead the Finance & Accounts function of the organization. The role will be responsible for overall financial planning, accounting, taxation, statutory compliance, cash-flow management, MIS, budgeting, internal controls, audits, and financial decision-making.

The ideal candidate should be a qualified Chartered Accountant (CA) with solid experience in manufacturing / supply chain / FMCG / industrial businesses, excellent analytical skills, and the ability to work closely with the management and business teams.

Key Responsibilities

1. Finance & Accounting

* Lead and manage the complete Finance & Accounts function.

* Ensure accurate and timely accounting and financial reporting.

* Oversee monthly, quarterly, and annual closing activities.

* Review General Ledger, Balance Sheet, Profit & Loss and cash-flow statements.

* Ensure proper accounting controls and financial discipline.

* Supervise the finance and accounts team and provide necessary guidance.

2. Financial Planning & Analysis

* Prepare annual budgets, forecasts, and financial plans.

* Monitor actual performance against budgets and identify variances.

* Provide financial analysis and actionable insights to management.

* Develop financial models and business projections.

* Support management in evaluating new projects, investments, and business decisions.

3. Cash Flow & Working Capital

* Manage daily and long-term cash-flow requirements.

* Monitor receivables, payables, inventory, and working capital.

* Ensure optimum utilization of company funds.

* Develop strategies for improving cash flow and reducing working-capital requirements.

* Coordinate with banks and financial institutions for banking requirements.

4. Taxation & Statutory Compliance

* Oversee GST, TDS, Income Tax, Professional Tax, PF, ESIC and other applicable statutory compliances.





* Ensure timely filing of returns and payment of statutory dues.

* Review GST reconciliations, tax computations, and assessments.

* Coordinate with tax consultants and authorities for notices, assessments, and litigation matters.

* Ensure compliance with applicable Companies Act and other regulatory requirements.

5. Audit & Internal Controls

* Coordinate Statutory Audit, Internal Audit, Tax Audit, GST Audit and other audits.

* Ensure timely closure of audit observations.

* Establish and strengthen internal financial controls and processes.

* Identify financial risks and implement appropriate mitigation measures.

* Ensure compliance with company policies and approval procedures.

6. MIS & Management Reporting

* Prepare and present monthly MIS reports to senior management.

* Track revenue, margins, expenses, profitability, working capital and cash flow.

* Provide business insights and recommendations based on financial data.

* Develop dashboards and financial KPIs for management review.

7. Costing & Profitability

* Oversee product and process costing.

* Analyze manufacturing costs, overheads, material costs, and operational expenses.

* Monitor gross margins and contribution margins.

* Identify opportunities for cost reduction and process improvement.

* Work closely with Operations, Procurement, Sales and Management teams to improve profitability.

8. Banking & Financial Institutions

* Manage relationships with banks and financial institutions.

* Handle working-capital facilities, bank guarantees, LC, loans and other banking requirements.

* Negotiate banking terms and charges wherever applicable.

* Monitor interest costs and financing requirements.

9. Business Partnership

* Work closely with the CEO / Directors / Management on strategic financial decisions.

* Provide financial inputs for pricing, expansion, investments,



and business growth.

* Evaluate financial risks and opportunities.

* Support management with data-driven recommendations.

Required Qualifications

* Chartered Accountant (CA) – Mandatory.

* Bachelor's degree in Commerce, Finance, or a related field.

* 8–15 years of relevant experience, preferably in manufacturing, supply chain, FMCG, packaging, or a similar industry.

* Strong knowledge of Accounting, GST, Income Tax, TDS and statutory compliance.

* Strong understanding of financial planning, budgeting, costing, MIS and cash-flow management.

Technical Skills

* Advanced knowledge of Tally / ERP systems.

* Strong command of MS Excel and financial analysis.

* Good knowledge of GST, Income Tax, TDS and other statutory compliances.

* Experience in budgeting, forecasting and financial modelling.

* Strong knowledge of financial reporting and accounting standards.

* Experience with ERP implementation / process improvement will be an advantage.

Key Competencies

* Strong leadership and team-management skills.

* Excellent analytical and problem-solving abilities.

* Strong commercial and business acumen.

* High attention to detail and accuracy.

* Strong communication and stakeholder-management skills.

* Ability to work under pressure and meet strict deadlines.

* High level of integrity, confidentiality and accountability.

* Ability to independently manage the Finance function.

Key Performance Indicators (KPIs)

* Timely and accurate monthly financial closure.

* Accuracy of MIS and financial reporting.

* Timely statutory compliance and audit closure.

* Improved cash flow and working-capital management.

* Budget adherence and cost optimization.

* Improved profitability and financial controls.

* Effective management of the Finance & Accounts team.

Preferred Candidate: CA with strong leadership experience and proven exposure to manufacturing / supply chain operations, taxation, MIS, costing, cash-flow management and business finance.

Pay: ₹1,000,000.00 - ₹1,500,000.00 per year

Benefits:

- Provident Fund

Application Question(s):

- Qualification: Chartered Accountant (CA) – Mandatory

Work Location: In person

📌 Head of Finance (Mumbai)
🏢 Plenova Supply Chain Private
📍 Mumbai