- Head of Accounts & Finance – Chartered Accountant (CA)
- - Company: General Group of Companies – General Polytex & General Petrochemicals
- Location: Surat, Gujarat
- Experience: 10+ Years
- Qualification: Chartered Accountant (CA) – Mandatory
- Reporting To: Promoters / Chairman’s Office
- Employment Type: Full-Time | On-Site
- - About the Role
- - General Group of Companies is looking for an experienced and commercially solid Chartered Accountant to lead the entire Accounts, Finance, Taxation, Compliance, and Banking function across its two major businesses, General Polytex and General Petrochemicals.
- - This is a senior leadership position reporting directly to the promoters, with responsibility for managing the existing team of senior and junior accountants, overseeing all financial and accounting operations, and independently managing relationships with banks and financial institutions.
- - The ideal candidate will combine strong accounting and taxation expertise with practical banking experience, including working capital management, fund-based and non-fund-based facilities, bank documentation, financial reporting, and lender coordination.
- - We are looking for someone who can take complete ownership of the function, manage multiple entities, lead the accounts team, and serve as the primary point of contact for the promoters, bankers, auditors, and financial consultants.
- - Key Responsibilities
- - 1. Complete Accounts & Finance Management
- - * Take end-to-end ownership of the Accounts and Finance function across both companies.
- * Supervise and review the work of senior and junior accountants.
- * Oversee general accounting, ledger management, bank reconciliations, vendor/customer reconciliations, and financial closing.
- * Ensure timely preparation of monthly, quarterly, and annual financial statements.
- * Monitor receivables, payables, cash flows, and working capital requirements.
- * Establish strong internal controls, accounting processes, and reporting systems.
- - 2. Banking & Financial Institution Relationships
- - * Act as the primary point of contact for all banking relationships across both companies.
- * Independently manage relationships with existing bankers and financial institutions.
- * Handle working capital facilities, including cash credit, overdrafts, and other fund-based and non-fund-based limits.
- * Coordinate with banks on renewals, enhancements, documentation, stock statements, book debt statements, and compliance requirements.
- * Manage bank audits, stock audits, credit monitoring arrangements, and lender-related reporting.
- * Prepare and review CMA data, projected financial statements, financial ratios,



and other information required by banks.
- * Coordinate the assessment, renewal, and enhancement of banking limits in line with business requirements.
- * Monitor interest costs, utilisation of banking facilities, and working capital efficiency.
- * Support discussions with lenders regarding term loans, credit facilities, guarantees, letters of credit, and bank guarantees.
- * Ensure timely submission of financial information and compliance with banking covenants.
- - 3. Taxation & Statutory Compliance
- - * Oversee GST returns, reconciliations, assessments, notices, and related compliance.
- * Manage TDS/TCS calculations, returns, payments, and reconciliations.
- * Ensure timely income tax filings, advance tax payments, and other applicable statutory compliances.
- * Coordinate with tax consultants and authorities on assessments, notices, and litigation.
- * Ensure compliance with applicable accounting standards and regulatory requirements.
- - 4. Audits & Financial Reporting
- - * Lead the preparation of annual financial statements and supporting schedules.
- * Coordinate statutory, tax, internal, and bank audits.
- * Liaise with auditors, consultants, and other professional advisors.
- * Ensure proper documentation, audit readiness, and timely closure of audit observations.
- * Maintain accurate financial records and implement corrective measures wherever discrepancies arise.
- - 5. Working Capital & Financial Controls
- - * Monitor the company’s cash flow, liquidity, receivables, payables, and inventory position.
- * Oversee accounting and reconciliation of raw materials, finished goods, and work-in-progress.
- * Monitor outstanding customer balances, vendor payments, and ageing reports.
- * Improve working capital efficiency and financial discipline across both businesses.
- * Ensure effective utilisation and monitoring of banking facilities.
- - 6. Team Management & Systems
- - * Lead and supervise the existing team of senior and junior accountants.
- * Allocate responsibilities and establish clear review and accountability mechanisms.
- * Standardise accounting and reporting processes across both companies.
- * Strengthen ERP utilisation, financial controls, and management reporting.
- * Ensure the accounts team operates efficiently with minimal day-to-day intervention from the promoters.




- - 7. Promoter-Level Reporting
- - * Report directly to the promoters on financial performance, cash flow, banking, compliance, and material financial risks.
- * Prepare management reports, financial summaries, cash flow statements, and other information as required.
- * Provide timely visibility into working capital requirements, banking utilisation, and upcoming financial obligations.
- * Independently resolve accounting, taxation, and banking issues.
- * Serve as the principal point of responsibility for all Accounts and Finance matters across both companies.
- - Candidate Requirements
- - * Chartered Accountant (CA) qualification is mandatory.
- * Minimum 10 years of relevant professional experience.
- * Strong experience in manufacturing, textiles, petrochemicals, chemicals, or other industrial businesses preferred.
- * Proven experience managing banking relationships and working capital facilities.
- * Hands-on experience with CMA data, credit limits, bank renewals, stock statements, book debt statements, and bank audits.
- * Strong knowledge of GST, TDS/TCS, income tax, statutory audits, and financial reporting.
- * Experience managing accounts teams and overseeing multiple companies or legal entities.
- * Sound understanding of inventory accounting, cash flow management, and financial controls.
- * Proficiency in ERP/accounting systems and Microsoft Excel.
- * Excellent communication, negotiation, and stakeholder management skills.
- - The Ideal Candidate
- - We are looking for a senior, hands-on professional who can independently manage the complete Accounts and Finance function while maintaining strong relationships with banks and financial institutions.
- - The candidate must be comfortable dealing directly with promoters, leading an established team, resolving complex accounting and banking matters, and taking complete ownership of the function.
- - We are looking for an owner of the function, not merely a reviewer of accounts.
- - Why Join Us?
- - * Direct reporting to the promoters.
- * Leadership responsibility across two established industrial businesses.
- * Direct involvement in banking relationships, working capital management, and financial decision-making.
- * Opportunity to strengthen the group’s financial systems and controls as the businesses expand.
- * Significant autonomy and accountability in managing the Accounts and Finance function.
- - Application Requirements: Candidates should submit their updated CV, current CTC, expected CTC, notice period, and a brief summary of their experience managing banking relationships and working capital facilities.

📌 Head of Accounts and Finance (Surat)
🏢 General Polytex
📍 Surat