Experience : 10-15 years. The role requires strategic financial planning, budgeting, cost control, working capital management, and statutory compliance to support sustainable business growth and profitability.
Key Planning & Strategy :
- Develop and implement financial strategies aligned with business goals.
- Prepare annual budgets, forecasts, and business plans.
- Monitor business performance against budgets and take corrective actions.
Accounting & Reporting :
Oversee day-to-day accounting operations including accounts payable / receivable, general ledger, and bank reconciliations.Ensure timely closure of monthly, quarterly, and annual financial statements.Prepare MIS reports, financial dashboards, and profitability analysis for management.Inventory & Cost Control :
Monitor and optimize spare parts inventory valuation and turnover.Implement cost control mechanisms and improve operational efficiencies.Coordinate with the supply chain and warehouse teams for inventory accuracy.Taxation & Compliance :
Ensure compliance with all statutory requirements GST, TDS, Income Tax, etc.Liaise with auditors, consultants, and regulatory authorities as needed.Handle internal and statutory audits efficiently.Cash Flow & Working Capital Management :
Monitor and manage daily cash flow and fund flow.Optimize working capital through effective receivables and payables management.Handle banking relationships and ensure smooth fund operations.ERP & Systems Implementation :
Work with the IT / ERP team to ensure accounting processes are streamlined via ERP systems (Tally / Oracle / SAP / others).Ensure data integrity and accurate financial reporting from systems.Team Management :
Lead, train, and mentor the finance and accounts team.Ensure a culture of accountability, ownership, and continuous improvement.Key CA / CMA / MBA (Finance)
Experience : 10-15 years of experience in finance and accounts, preferably in automotive spare parts or a trading / distribution business.
Industry Preference : Auto parts, automobile dealership, or similar industries with inventory-led Strong analytical and problem-solving skills.
Sound knowledge of taxation, accounting standards, and compliance.Excellent leadership and communication abilities.Proficiency in ERP software and advanced Excel.Key Performance Indicators (KPIs) :
Budget adherence and variance control.Inventory turnover ratio.Timely financial reporting.Audit compliance score.Reduction in receivables aging.Cost savings and process improvements.(ref : iimjobs.com)
