06 Nov 2024
hYNI
Head - Finance & Accounts, 16 to 26 years
Canara Hydraulics Pvt Ltd
Bangalore
20-25 Years
ca, financial controllership, Strategic Financial Planning, Finance Control, Profitability Analysis, Management Accounting, Financial Planning and Analysis, Cost Audit, Cost Accounting, Product Costing, Fund Management, FINANCIAL MANAGEMENT
Job Description
Position: Head - Finance & Accounts
Qualification: CA
Experience: 16 to 26 years
Location: Bangalore
Job description
Qualification: CA
Experience: 16 to 26 years
Location: Bangalore
Job description
Role & responsibilities
1. Accounting & Reporting:
- Manage the accounts team for efficient and timely accounting, audit, and MIS reporting.
- Prepare and coordinate monthly financial statements for audit and inspection by regulatory authorities.
- Ensure compliance with company insurance policies and statutory requirements.
2. Financial Planning & Budgeting:
- Create, coordinate, and evaluate financial programs, including budgeting, tax planning, and cost control.
- Monitor company progress through financial reports and KPIs, ensuring business objectives are met.
- Project cash budgets and submit them to banks for working capital requirements.
3. Control & Compliance:
- Develop and implement financial, accounting, billing, and auditing procedures.
- Establish, maintain, and coordinate accounting control processes and risk management frameworks.
- Perform monthly and quarterly ledger scrutiny to maintain financial accuracy.
- Handle statutory matters under the guidance of the Managing Director.
4. Cost Management & Optimization:
- Analyze budgets and expenditures to ensure effective cost control and fund-flow management.
- Drive cost optimization initiatives to improve profitability.
5. Team Leadership & Development:
- Train, manage, and build the competencies of subordinates and cross-functional teams.
- Foster strong relationships with banks, auditors, and financial institutions to support organizational goals.
- Support the implementation of financial systems and ERP upgrades.
6. Additional Responsibilities:
- Undertake any other tasks assigned by management to support organizational objectives.
Preferred candidate profile
The General Manager - Finance & Accounts will oversee all financial functions, including budgeting, forecasting, taxation, treasury, compliance, and reporting. This individual will work closely with the senior management team, providing critical financial insights to support decision-making and long-term business goals. The ideal candidate will possess strong leadership capabilities, with a focus on building a robust finance function to drive sustainable growth.
Desired Candidate Profile:
- Education: Chartered Accountant (CA) or Cost Accountant (CMA/ICWA)
- Experience: 16-25 years of progressive experience in finance and accounting, with recent roles as Head of Finance.
- Industry Exposure: Previous experience in the engineering or manufacturing industry is essential.
- Competencies:
- Deep understanding of financial planning, budgeting, and forecasting.
- Thorough knowledge of corporate governance, compliance frameworks, and legal regulations.
- Strong analytical skills with the ability to create financial models for costing, pricing, and profitability analysis.
- Hands-on experience with direct and indirect taxation, treasury management, and internal controls.
- Excellent leadership skills with a problem-solving, entrepreneurial mindset.
Perks and benefits
- Competitive salary structured to reflect experience, competencies, and industry standards.