Finance Head

Recex

  • Tumkur, Karnataka Peenya, Karnataka
  • Permanent
  • Full-time
  • 27 days ago
Qualification: CA / CMA / MBA (Finance)Seeking People living in Bangalore, to be able to manage Vishu Forge Plant 1 (HMT Industrial Estate,Peenya) and Vishnu Forge Plant 2 (Tumkur)About the Role:We are looking for a dynamic Finance Head who is on the path to becoming a CFO within the next 3-5 years. The ideal candidate will be a qualified Chartered Accountant (CA) or Cost & ManagementAccountant (CMA) with over 10 years of experience in finance and accounting, specifically in amanufacturing plant setup.The role demands a strategic thinker who can lead financial planning, ensure compliance, optimizecosts, and drive profitability while working closely with the senior leadership team.Key Responsibilities:1. Financial Strategy & PlanningDevelop and execute financial strategies aligned with business goals.Drive long-term financial planning and forecasting.Optimize capital structure and financial performance to support growth.2. Accounting & ComplianceOversee end-to-end finance and accounting operations for the manufacturing unit.Ensure timely and accurate financial reporting (MIS, P&L, balance sheet, cash flow statements, etc.).Ensure statutory compliance with GST, TDS, Income Tax, and other regulatory requirements.Coordinate with auditors for internal, statutory, and tax audits.3. Cost & Budget Management2Implement cost control measures and identify areas for cost reduction.Monitor and analyze production costs, material costs, and operational expenditures.Prepare and track annual budgets, CAPEX, and operational expenses.4. Treasury & Cash Flow Management / Working Capital Management:Ensure efficient working capital management and fund utilization.Manage banking relationships and oversee fundraising, loans, and credit facilities.Manage cash flow, banking relationships, and trade finance instruments (LCs, BGs)Monitor cash flow and ensure liquidity for smooth operations.5. Business & Financial Risk ManagementAssess financial risks and implement robust internal controls.Ensure risk mitigation strategies are in place for currency fluctuations, interest rate changes, andfinancial contingencies.Support management in investment decisions and financial feasibility analysis.6. Leadership & Team ManagementLead and mentor the finance & accounts team.Establish best practices in financial governance and reporting.Collaborate with plant operations, procurement / purchase, HR, and sales teams for cross-functionalfinancial efficiency.Foster a culture of accountability, transparency, and performance.Key Requirements:Qualification: CA / CMA (Mandatory); MBA (Finance) PreferredExperience: Minimum 10+ years in Finance & Accounts within a Manufacturing Plant with at least 5years in a leadership role.Technical Skills:Strong expertise in plant finance, costing, budgeting, and financial planning.Proficiency in ERP systems (SAP, Tally, Navision, UDOO etc.), and Advanced Excel.3Strong knowledge of taxation, compliance, and financial regulations.Knowledge of Trade finance activities related to LC, BG, Bonds, etc.Leadership: Experience in leading finance teams and working with senior management.Strategic Thinking: Ability to scale financial operations and prepare for a CFO role in 3-5 years.Why Join Us?Opportunity to be groomed into a CFO role in the next 3-5 years.Be part of a fast-growing manufacturing organization.High-impact role with direct exposure to leadership and high visibility.If you are a seasoned finance professional with manufacturing experience, looking for a strategicleadership role, we invite you to apply!Role: Head - Finance & AccountsIndustry Type: ForgingDepartment: Finance & AccountingEmployment Type: Full Time, PermanentRole Category: FinanceEducation: PG: ICWA (CMA), Chartered Accountant (CA), or MBA (Finance)

Recex