15 Oct
|
Kavisha Group
|
Ahmedabad
15 Oct
Kavisha Group
Ahmedabad
Job Description
Accounts & Finance Head
Position: Accounts & Finance Head
Qualification: Chartered Accountant (CA)
Experience: 12–15 years of relevant experience
Industry Preference: Real Estate / Construction / Infrastructure /Service Sector
Location: Ahmedabad
Reporting To: Managing Director / Chairman / COO
Role Overview
We are looking for an experienced and result-oriented Accounts & Finance Head to lead the organisation's finance, accounting, taxation, treasury and financial control functions.
The incumbent will be responsible for ensuring strong financial governance, accurate reporting, effective cash-flow management, statutory compliance, budgeting, MIS and financial planning. The role will also act as a strategic finance partner to the management and business teams.
Key Roles & Responsibilities
1. Financial Management & Reporting
- Lead the overall finance and accounting function of the organisation.
- Ensure timely and accurate preparation of monthly, quarterly and annual financial statements.
- Prepare and present financial MIS, management reports and dashboards to senior management.
- Analyse financial performance, profitability, costs and key financial indicators.
- Provide financial insights and recommendations to management for business decisions.
- Establish and monitor appropriate financial controls and accounting processes.
2. Budgeting & Financial Planning
- Lead the annual budgeting and business planning process.
- Prepare budgets, forecasts and financial projections.
- Monitor actual performance against budget and analyse variances.
- Develop financial models and scenario analysis for business and project decisions.
- Support management in evaluating new projects, investments and expansion plans.
3. Cash Flow & Treasury Management
- Manage the organisation's overall cash flow and working capital.
- Prepare rolling cash-flow forecasts and ensure optimum utilisation of funds.
- Monitor receivables, payables, advances and outstanding collections.
- Manage banking relationships, working capital facilities and financial arrangements.
- Ensure timely payments while maintaining adequate liquidity.
4. Accounting & Internal Controls
- Supervise accounting operations, including general ledger, accounts payable, receivables and reconciliations.
- Ensure compliance with applicable accounting standards and company accounting policies.
- Strengthen internal financial controls and identify potential financial risks.
- Implement processes to improve accuracy,
efficiency and transparency of financial operations.
- Review accounting systems, processes and ERP/MIS reports.
5. Taxation & Statutory Compliance
- Ensure timely compliance with GST, Income Tax, TDS, TCS and other applicable statutory requirements.
- Coordinate with tax consultants and advisors on assessments, notices and tax matters.
- Review tax computations, returns and statutory filings.
- Ensure proper documentation and maintenance of statutory records.
- Keep management updated on significant changes in taxation and regulatory requirements.
6. Audit & Compliance
- Coordinate with statutory auditors, internal auditors and tax auditors.
- Ensure timely completion of statutory, internal and tax audits.
- Review audit observations and ensure corrective actions are implemented.
- Establish a strong compliance and risk-control framework.
- Liaise with regulators, consultants, auditors, banks and other financial institutions as required.
7. Real Estate / Project Finance – Preferred
- Monitor project-wise financial performance, budgets and cash flows.
- Track project costs against approved budgets and identify cost overruns.
- Review project profitability and financial feasibility.
- Monitor project receivables, customer collections and project-related payables.
- Coordinate with project, procurement and commercial teams on financial matters.
- Support management in project costing, feasibility analysis and investment decisions.
8. Banking & Fund Management
- Manage relationships with banks and financial institutions.
- Negotiate banking facilities, interest rates and other financial arrangements.
- Monitor loans, working capital limits, guarantees and other banking instruments.
- Ensure timely servicing of debt and financial obligations.
- Maintain appropriate documentation for banking and financing arrangements.
9. MIS & Management Support
- Develop meaningful financial and business MIS for management review.
- Provide insights on revenue, margins, expenses, working capital and profitability.
- Prepare monthly management review reports.
- Identify financial risks, cost-saving opportunities and process improvements.
- Support the management team in strategic financial decision-making.
10. Team Leadership
- Lead, mentor and develop the Accounts & Finance team.
- Define responsibilities, KPIs and performance standards for the finance team.
- Build a strong culture of financial discipline, accountability and compliance.
- Coordinate effectively with HR, Sales, Projects, Procurement, Legal and Operations teams.
Key Deliverables / KPIs
- Accuracy and timeliness of monthly and annual financial reporting.
- Budget vs. actual performance and variance control.
- Effective cash-flow and working-capital management.
- Timely statutory and tax compliance.
- Audit completion within defined timelines.
- Reduction in financial leakages and unnecessary costs.
- Project-wise profitability and cost control.
- Timely collections and receivables management.
- Effective banking and treasury management.
- Strengthening of internal financial controls.
- Quality and timeliness of management MIS.
Candidate Profile
- CA/CFA/CMA candidate preferred.
- 8–12 years of relevant post-qualification experience in Accounts & Finance.
- Experience in a mid-sized/large organisation, group structure or multi-entity environment preferred.
- Team handling experience is must as team of 5 to 6 subordinates to be managed.
- Experience in real estate/construction/project finance will be an advantage.
- Strong knowledge of accounting, taxation, audit, treasury and financial controls.
- Strong analytical and financial decision-making skills.
- Excellent knowledge of MS Excel and ERP/accounting systems.
- Strong leadership, communication and stakeholder-management skills.
- Ability to work independently and interact confidently with senior management.
- High level of integrity, confidentiality and financial discipline.
Preferred Competencies
Technical Skills
- Financial Accounting & Reporting
- Budgeting & Forecasting
- Financial Planning & Analysis
- GST & Direct Taxation
- Audit & Internal Controls
- Treasury & Cash Flow Management
- Working Capital Management
- Project Finance
- MIS & Business Analytics
- ERP / Accounting Systems
Leadership Skills
- Strategic thinking
- Commercial acumen
- Team leadership
- Decision-making
- Problem-solving
- Stakeholder management
- Negotiation skills
- Strong attention to detail
Pay: ₹1,200,000.00 - ₹1,800,000.00 per year
Advantages:
- Health insurance
- Leave encashment
- Paid time off
Work Location: In person
📌 Head - Accounts & Finance (Ahmedabad)
🏢 Kavisha Group
📍 Ahmedabad