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(Only 24h Left) Head of Finance and Accounting

(Only 24h Left) Head of Finance and Accounting

Interarch Building Solutions LimitedIndia
1 day ago
Job description

JOB DESCRIPTION

Job Title : Head – Accounts & Finance (for Southern Manufacturing Operations)

Position Level – General Manager or Sr. General Manager.

Location : Chennai with frequent travels to AP Plant (At least 10 days a month)

Department : Finance & Accounts

Reports to : Administratively & Functional Reporting to CFO

Job Overview :

We are seeking an experienced and result oriented Head – Accounts & Finance to manage and oversee all financial & STORES operations at our southern India manufacturing plants. This role will be responsible for ensuring the accuracy of financial records, adherence to accounting standards, and optimization of financial performance, store & material management. He will collaborate closely with the Plant Head and cross-functional teams to provide financial insights, Inventory Management, Material Handling and support decision-making, contributing to the plant’s operational and financial goals. The role requires strong experience in SAP environments for financial reporting and data management.

Key Responsibilities :

Internal Controls and Compliance :

  • Ensure compliance with local tax laws, corporate policies, and accounting standards.
  • Develop, implement, and monitor internal controls to safeguard company assets and ensure accurate financial reporting.
  • Manage the annual audit process and collaborate with external auditors.

Financial Reporting and Analysis :

  • Prepare and present monthly, quarterly, and annual financial statements, ensuring compliance with company policies and accounting standards.
  • Provide detailed analysis of plant performance, profitability, cost control, and financial forecasting.
  • Ensure timely and accurate closure of monthly financial accounts, working closely with the Plant Head and other departments.
  • Leverage SAP for financial reporting, analysis, and ensuring data integrity and consistency.

    • Budgeting and Forecasting :

  • Lead the preparation of the plant’s annual budget, ensuring alignment with corporate financial goals and operational needs.
  • Regularly review financial performance against budget and take corrective actions as required.
  • Assist the CFO in long-term financial planning and forecasting for the plant.

    • Cost Control and Optimization :

  • Identify areas for cost reduction and efficiency improvements within the plant.
  • Monitor production costs, material usage, and overheads to ensure financial control.
  • Utilize SAP to track costs, monitor financial performance, and report results.

    • Cash Flow Management :

  • Monitor and manage the plant’s cash flow, working capital, and liquidity.
  • Oversee accounts payable, receivable, and inventory management, using SAP tools to optimize financial efficiency.

    • Team Management and Development :

  • Supervise and mentor the finance team at the plant, providing guidance, training, and development opportunities.
  • Conduct performance reviews and set goals for the team in alignment with plant objectives.

    • Strategic Financial Insights :

  • Provide actionable financial insights to the Plant Head and senior management to support key business decisions.
  • Collaborate with cross-functional teams (Operations, HR, Supply Chain, etc.) to drive financial improvements and plant-level performance.

    • STORES Management :

  • Oversee the entire inventory management process, ensuring the accurate and timely receipt, storage, and distribution of materials.
  • Implement strategies to maintain an optimal inventory level to prevent overstocking or stockouts.
  • Conduct regular stock audits and physical inventory checks to ensure accuracy and minimize discrepancies.
  • Develop and maintain an effective inventory tracking system.

    • Material Handling :

  • Collaborate with the procurement team to ensure timely procurement of materials and supplies needed for operations.
  • Ensure proper storage of materials to prevent damage, deterioration, or loss.
  • Establish and manage relationships with suppliers and vendors to ensure the availability of materials at competitive prices.

    • Qualifications : Education :

  • Bachelor’s degree in accounting, Finance, or a related field (required).
  • Professional accounting qualification Chartered Accountant, CMA as an add on will be good.

    • Experience :

  • Minimum of 12-15 years of experience in finance and accounting, with at least 5 years in a Head Accounts & Finance role within a manufacturing set up.
  • Hands-on experience in budgeting, forecasting, financial reporting, cost management, and internal controls.
  • Exposure to SAP environment for financial data management, reporting, and analysis is required.

    • Skills & Competencies :

  • Strong analytical, problem-solving, and decision-making skills.
  • Deep knowledge of accounting standards and regulations (Indian GAAP, IFRS).
  • Experience with SAP and ERP systems for financial reporting and analysis.
  • Excellent communication skills, capable of conveying complex financial information to non-financial stakeholders.
  • Proven leadership skills with the ability to manage and develop teams.
  • Ability to work independently and manage multiple priorities in a fast-paced environment.

    • Personal Attributes :

  • High attention to detail, ensuring accuracy and compliance in all financial processes.
  • Results-driven with a proactive approach to identifying and solving financial challenges.
  • Strong interpersonal and collaboration skills to work effectively across teams.
  • Leadership qualities that foster team development, performance, and alignment with organizational goals.

    • Essential Requirement :

  • The role is based at our manufacturing plant in Chennai with frequent visit & stay at our AP Plants, requiring regular interaction with the Plant Head and other departments.
  • Travel : Occasional travel to corporate headquarters & very frequent travel to AP plant location will be required.
  • Compensation : Competitive salary with benefits.
  • Age : 40-45 years

    • Interested?

    Share your CV along with below details (Mandatory) at ashu.mahendru@interarchbuildings.com

    1. Present CTC

    2. Expected CTC

    3. Total Experiece

    4. CA Qualified (Yes / No)

    5. SAP Exposure

    6. Manufecturing Experience in Years

    7. Notice Period

    8. Buyout Option Available (Yes / No)

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    Head Of Finance • India

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