Key Responsibilities

1. Corporate Planning & Strategic Finance

- Develop and own a 3 to 5 year corporate financial plan covering growth strategy, capital allocation, funding requirements and return benchmarks.
- Prepare annual operating budgets and rolling forecasts; conduct scenario planning, sensitivity analysis and downside-risk assessments.
- Provide financial analysis and recommendations to the CFO / CEO / Management for strategic and operational decisions.

2. Financial Accounting, Closing & Reporting

- Oversee the accounts team and ensure accurate accounting, book-keeping and maintenance of financial records.
- Ensure timely monthly, quarterly and annual financial closures and review the accuracy and integrity of financial statements.
- Design and maintain a scalable chart of accounts suitable for manufacturing, exports and retail operations.
- Review product / division costing, contribution margins and profitability.

3. MIS, Budgeting & Performance Analysis

- Prepare and submit monthly financial reports and management MIS with meaningful analysis and recommendations.
- Ensure monthly P&L;, Balance Sheet and Cash Flow reporting, including segment-wise and division-wise profitability.
- Monitor budget versus actual performance, explain variances and drive corrective actions with the relevant business teams.
- Develop management dashboards, capex tracking reports and approval-monitoring formats.

4. Manufacturing, Retail Expansion & Commercial Analysis

- Analyse division-wise capacity utilisation, inventory cycles and operational performance.
- Evaluate capital expenditure proposals for machinery, land, buildings and other expansion requirements.
- Develop costing models and analyse production, procurement and delivery costs to identify efficiency improvements.
- Assess store-level feasibility and unit economics, including break-even, payback period and ROI.




- Evaluate funding requirements and financial viability of manufacturing and retail expansion initiatives.

5. Working Capital, Cash Flow & Treasury

- Own cash-flow planning, liquidity management and working-capital optimisation.
- Monitor receivables, inventory and payables; track the cash conversion cycle and recommend improvement measures.
- Oversee vendor payments based on business priorities and ensure disciplined payment and recovery processes.
- Coordinate with the Business Development and other teams to track and improve collections and recoveries.
- Support banking relationships, lender communication and compliance with financing covenants.

6. Banking, Exports, Imports & Foreign Exchange

- Oversee banking documentation and transactions relating to exports and imports.
- Ensure proper utilisation and documentation of EPC / export-related banking facilities and benefits, as applicable.
- Review foreign-exchange exposure and develop risk-benefit analysis and strategies for forex transactions.

7. Statutory Compliance, Audit & Taxation

- Ensure timely and accurate preparation and filing of GST, TDS, Income Tax and other applicable statutory returns.
- Maintain a compliance calendar and monitor statutory and regulatory requirements.
- Coordinate internal and external audits, close audit observations and implement corrective and preventive actions.
- Ensure audit readiness, timely availability of records and zero recurrence of material audit observations.

8. Governance, SOPs, Internal Controls & Documentation

- Establish and strengthen financial governance,



processes and internal control systems.
- Develop, document and oversee SOPs for revenue, procurement, inventory, capex, expenses, payments and related-party transactions.
- Implement and monitor Internal Financial Controls (IFC) and support / oversee internal audits.
- Ensure physical verification and reconciliation of stock and fixed assets, with updated records.
- Maintain organised, accurate and accessible documentation in line with statutory and internal requirements.

9. PE / IPO Readiness & Financial Structuring

- Lead Ind AS diagnostic and migration planning and support preparation of restated financial statements.
- Ensure financial statements are audit-ready and aligned with applicable reporting requirements.
- Maintain PE / IPO data-room readiness and coordinate information required for due diligence.
- Support onboarding and coordination with merchant bankers, consultants, auditors and other external advisors.

10. Team Leadership

- Lead, guide and develop the finance and accounts team, including the senior manager accounts.
- Set clear responsibilities, review performance and build a culture of accountability and continuous improvement.
- Provide coaching and career development opportunities and ensure effective coordination with business functions.

Key Deliverables

- 3–5 year corporate financial plan and annual operating budgets / rolling forecasts.
- Timely monthly financial closure, MIS packs and management dashboards.
- Division-wise profitability, costing, capacity utilisation and inventory analysis.
- Expansion feasibility and capex models supported by ROI, payback and risk analysis.
- Working-capital, cash-flow and treasury reports with action plans.
- Updated compliance calendar, audit closure tracker, SOPs and IFC documentation.

Ind AS migration plan, restated financials and PE / IPO data-room readiness

📌 Finance Head (Indore)
🏢 CANDOR TEXTILES
📍 Indore