03 Nov
|
Eternal Robotics
|
India
03 Nov
Eternal Robotics
India
Job Title: Head of Finance About Eternal Robotics Eternal Robotics operates in the areas of AI, Robotics, Computer Vision, and industrial automation. We are looking for an experienced and hands-on Head of Finance to lead our finance function, strengthen financial controls, ensure accounting accuracy, and support business growth through effective financial planning and management. Role Overview The Head of Finance will be responsible for the overall finance and accounting function, with primary accountability for accounting quality, financial reporting, cash flow management, working capital, statutory compliance, audit, banking relationships, and corporate finance. The ideal candidate should have solid technical accounting knowledge, hands-on experience managing finance operations in a smaller or growing organisation, and the ability to communicate financial insights to senior management, the Board, auditors, and shareholders.
Key Responsibilities
1. Accounting, Financial Reporting and Controls
• Lead the complete accounting function and ensure accurate, complete, and timely financial records.
• Own the monthly closing process and ensure management accounts and MIS are reviewed and issued by the 5th working day of the following month.
• Review journals, accruals, provisions, project revenue, costs, and account reconciliations.
• Establish and strengthen financial controls, approval matrices, maker-checker processes, and segregation of duties.
• Lead statutory audits and maintain audit-ready financial records and schedules.
• Develop and maintain finance policies and SOPs. 2. Cash Flow and Working Capital Management
• Prepare and manage a rolling 13-week cash flow forecast.
• Monitor cash flow, payment schedules, budgets, receivables, and payables.
• Review payment proposals against approved budgets and cash flow forecasts.
• Lead annual budgeting and periodic financial forecasting.
• Monitor project-level profitability and working capital requirements. 3. Accounts Receivable and Collections
• Oversee customer invoicing based on contractual and project milestones.
• Monitor receivables ageing and follow up on overdue collections.
• Coordinate with Sales and Project teams to resolve billing and collection issues.
• Ensure customer balances and TDS reconciliations are accurate. 4. Costing, Pricing and Vendor Negotiations
• Develop and review project costing and pricing models.
• Evaluate project margins before commercial proposals are released.
• Lead supplier negotiations relating to pricing, payment terms, and credit facilities.
• Track actual project margins against quoted margins. 5. Banking and Treasury
• Manage banking relationships, account operations, mandates, authorised signatories, and banking facilities.
• Ensure compliance with the approved payment and spending framework.
• Manage foreign inward remittances and related documentation, including FIRC. 6. Tax and Regulatory Compliance
• Oversee GST returns, input tax credit reconciliation, e-invoicing, and e-way bills.
• Ensure timely TDS deductions, deposits, quarterly returns, and Form 16/16A issuance.
• Manage income tax returns, advance tax, tax audits, and assessments.
• Oversee transfer pricing documentation and Form 3CEB filings.
• Ensure compliance with Companies Act requirements for related-party transactions.
• Manage FEMA/RBI reporting, including FC-GPR, FC-TRS, and annual FLA returns, as applicable.
• Maintain the statutory compliance calendar and ensure timely filings. 7. Corporate Finance and Strategic Support
• Prepare funding requirements, cash runway analysis, and financial scenarios.
• Manage working capital and debt financing requirements.
• Support shareholder funding, equity, and ESOP-related matters.
• Prepare financial reports, analysis, and inputs for Board presentations and strategic decisions. Mandatory Qualifications and Experience
• Chartered Accountant (CA – ICAI) is mandatory.
• 10–12 years of experience in Accounting and Finance.
• At least 3–4 years of experience independently managing the finance function of a smaller or growing organisation.
• Strong hands-on experience in accounting, month-end closing, reconciliations, financial reporting, and statutory audits.
• Practical experience in GST, TDS, Income Tax, and Transfer Pricing.
• Experience with FEMA/RBI compliance in an organisation with foreign shareholding is strongly preferred.
• Experience in technology, manufacturing, engineering, or project-based businesses is preferred. Required Skills
• Strong knowledge of Indian Accounting Standards and financial reporting.
• Accounting controls, audit management, and financial governance.
• Cash flow forecasting and working capital management.
• GST, TDS, Income Tax, Transfer Pricing, Companies Act, and FEMA/RBI compliance.
• Project costing, pricing, and profitability analysis.
• Banking, treasury, and vendor negotiations.
• Advanced MS Excel and financial MIS reporting.
• Zoho Books or similar cloud-based ERP systems.
• Strong leadership, accountability, communication, and stakeholder management. Key Competencies
• Financial Accuracy
• Accountability and Ownership
• Commercial Acumen
• Leadership and Team Development
• Collaboration and Stakeholder Management
📌 Head of Finance (India)
🏢 Eternal Robotics
📍 India