24 Oct
|
ENS Group
|
India
Key Responsibilities
A. Financial Planning, MIS & Business Performance
- Own the Company's overall financial planning, budgeting, forecasting and performance management process.
- Prepare and present monthly/quarterly MIS, P&L;, Balance Sheet and Cash Flow reports to Management.
- Establish appropriate financial KPIs and dashboards for the refining/recycling and real-estate businesses.
- Analyse actual performance against budget, forecast and previous periods and highlight significant variances.
- Provide management with actionable insights on profitability, margins, cash flows and financial risks.
- Develop business-unit-wise profitability analysis.
- Support management in evaluating new business opportunities, investments and expansion plans.
- Establish robust financial controls and reporting systems as the Company scales.
B. P&L;, Balance Sheet & Financial Control
- Take complete ownership of the Company's P&L;, Balance Sheet and Cash Flow.
- Ensure accuracy, completeness and timely closure of monthly and annual accounts.
- Review provisions, accruals, depreciation, inventory valuation, receivables, payables and other balance-sheet items.
- Strengthen balance-sheet controls and ensure appropriate reconciliation of all major accounts.
- Monitor financial health and identify potential risks/issues before they impact the business.
- Ensure adequate internal controls over financial transactions and accounting processes.
C. Precious Metal Refining / E-Waste & Industrial Waste Business
- Monitor metal recovery yields, refining costs and processing costs.
- Monitor precious-metal inventory and metal movement.
- Monitor inventory valuation and reconciliation of physical quantities with accounting records.
- Analyse margins based on input material, recovery rates, refining costs and realised metal values.
- Monitor purchase and processing economics for e-waste and industrial waste.
- Work closely with Operations and Procurement to identify cost leakages, process inefficiencies and margin improvement opportunities.
- Establish appropriate controls over high-value inventory and precious metals.
- Monitor exposure arising from fluctuations in precious-metal prices and foreign exchange, wherever applicable.
- Develop MIS covering material input → recovery → refining → sale → margin.
D. Working Capital & Cash Flow Management
- Drive effective management of working capital and cash flows.
- Monitor receivables, payables, inventory and cash conversion cycle.
- Establish robust cash-flow forecasting and liquidity planning.
- Closely monitor customer collections and outstanding receivables.
- Develop appropriate credit-control mechanisms and customer exposure limits.
- Optimise vendor payment cycles while maintaining supplier relationships.
- Ensure adequate liquidity for operational and strategic requirements.
- Provide regular cash-flow updates to Management.
E. Accounts Receivable & Payable
- Establish strong processes for receivables and collections.
- Monitor ageing and overdue receivables and ensure timely follow-up.
- Review customer credit limits and commercial terms from a financial-risk perspective.
- Ensure timely and accurate processing of vendor invoices and payments.
- Monitor ageing of payables and optimise payment planning.
- Strengthen controls around vendor onboarding, approvals and payments.
F. Direct & Indirect Taxation
- Oversee all Income Tax matters, including tax planning, assessments, returns and compliance.
- Coordinate with external tax advisors and consultants where required.
- Ensure timely completion of tax audits, assessments and related proceedings.
- Identify legitimate tax-planning opportunities while maintaining full compliance.
- Ensure complete and timely GST compliance, including returns, reconciliations and related statutory requirements.
- Monitor GST input-credit eligibility and utilisation.
- Ensure appropriate GST treatment of transactions across the refining/recycling and real-estate businesses.
- Coordinate GST audits, notices and assessments.
- Ensure proper reconciliation between books, GST returns and relevant transaction data.
G. FEMA, FDI & International Transactions
- Ensure compliance with applicable FEMA and RBI regulations relating to the Company's foreign exchange transactions.
- Oversee compliance relating to FDI, foreign investments, foreign remittances and related reporting, wherever applicable.
- Coordinate with authorised dealer banks, legal/tax advisors and other professionals for FEMA-related matters.
- Ensure timely filing of applicable statutory/regulatory returns and documentation.
- Advise Management on financial and regulatory implications of cross-border transactions.
H. Budgeting & Cost Control
- Lead the annual budgeting process across all business verticals.
- Establish departmental and business-unit budgets.
- Monitor actual expenditure against approved budgets.
- Identify cost overruns and implement corrective measures.
- Develop systems for cost monitoring and cost optimisation.
- Analyse manufacturing/refining and administrative costs and identify opportunities for efficiency improvement.
- Ensure appropriate approval mechanisms for capital expenditure and operating expenditure.
I. Audit, Governance & Compliance
- Coordinate with Statutory Auditors, Internal Auditors, Tax Auditors and other professional advisors.
- Ensure timely completion of statutory audits and financial reporting.
- Strengthen internal financial controls and processes.
- Ensure compliance with applicable provisions of the Companies Act, Income Tax, GST, FEMA and other relevant laws/regulations.
- Establish appropriate delegation of authority and financial approval controls.
- Ensure proper documentation and audit trails for significant transactions.
J. Real Estate Business
- Provide financial oversight for the Company's real-estate activities.
- Monitor project-wise costs, budgets, cash flows and profitability.
- Review project feasibility and financial viability.
- Monitor receivables, project expenditure, vendor payments and financing requirements.
- Analyse project-level profitability and return on investment.
- Ensure appropriate accounting and tax treatment of real-estate transactions.
- Provide Management with regular project-wise financial MIS.
K. Banking & Treasury
- Manage the Company's banking relationships.
- Monitor banking facilities, working-capital requirements and financing costs.
- Evaluate funding requirements and optimise the Company's financing structure.
- Monitor interest costs, bank charges and utilisation of credit facilities.
- Maintain adequate liquidity while optimising deployment of surplus funds.
- Support negotiations with banks and financial institutions.
L. Strategic Business Partner to Management
- Act as a key financial advisor to the Promoters, MD and senior management.
- Provide financial analysis for strategic and commercial decisions.
- Evaluate business proposals, investments, capex and expansion plans.
- Identify financial and operational risks and recommend mitigation measures.
- Develop financial models for new projects and business initiatives.
- Challenge commercial decisions constructively from a profitability, cash-flow and risk perspective.
- Bring financial discipline and data-driven decision-making across the organisation.
M. Team Leadership
- Lead and develop the Finance & Accounts team.
- Define responsibilities, processes and performance metrics for the finance function.
- Build a solid culture of accuracy, accountability, compliance and financial discipline.
- Improve finance processes through technology, automation and appropriate ERP/MIS systems.
- Mentor team members and build a strong second line within the finance function.
N. Key Deliverables / Success Measures
- Accurate and timely monthly financial closure and MIS.
- Strong control over P&L;, Balance Sheet and Cash Flow.
- Improved working-capital cycle.
- Better receivable collections and payable management.
- Effective budgetary control and reduction of unnecessary costs.
- Zero/low compliance slippages and strong tax governance.
- Robust controls over precious-metal inventory and recovery economics.
- Transparent visibility of business-unit-wise profitability.
- Robust financial controls and audit readiness.
- Effective FEMA/FDI and regulatory compliance.
- Improved financial planning and forecasting.
- High-quality financial insights for Management and Promoters.
Requirements
Candidate Profile
- CA (Chartered Accountant) preferred.
- Candidates with CA qualification and strong industry experience will be preferred.
- Additional qualifications such as MBA/Finance, CFA or equivalent would be an advantage.
- Approximately 12–18+ years of relevant experience, preferably with significant experience in a mid-sized or growing organisation.
- Experience in manufacturing, recycling, metals, refining, commodities, e-waste, mining or similar high-value inventory business would be highly desirable.
- Experience managing multiple business verticals, including real estate, will be an advantage.
- Strong exposure to taxation, GST, FEMA/FDI, treasury and financial controls is essential.
Key Competencies
- Strong accounting and financial-control fundamentals.
- Excellent understanding of P&L;, Balance Sheet and Cash Flow.
- Strong taxation and regulatory knowledge.
- Good understanding of GST, Income Tax, FEMA and FDI regulations.
- Strong analytical and problem-solving skills.
- Commercial and business-oriented mindset.
- Strong working-capital and cash-flow management skills.
- Ability to understand operational processes and translate them into financial impact.
- Experience in cost control and performance management.
- Strong communication and presentation skills.
- Ability to work closely with Promoters, MD/CEO and business heads.
- High integrity and strong ownership mindset.
- Ability to operate effectively in a hands-on, entrepreneurial mid-sized organisation.
Preferred Background
- Precious metals / metal refining
- E-waste recycling
- Industrial waste recycling
- Metals & commodities
- Manufacturing / process industries
- Mining / mineral processing
- Chemicals / refining
- High-value inventory businesses
- Real estate / property development
- Diversified mid-sized private companies
Ideal Candidate Profile
- The ideal candidate should be a hands-on Finance Leader rather than a purely accounting-oriented professional.
- The candidate should be capable of moving seamlessly between Accounting → Tax → Compliance → Treasury → Cost Control → Business MIS → Working Capital → Commercial Analysis → Strategic Decision Support.
- The person should have the maturity to work directly with the Promoters/MD, the analytical ability to understand the economics of a precious-metal refining business, and the execution capability to establish strong financial discipline across the organisation.
- The role carries significant responsibility for financial control, profitability, cash generation, regulatory compliance and supporting the Company's next phase of growth.
📌 Finance Manager (Investment Planning & Analysis) (India)
🏢 ENS Group
📍 India