10 - 20 years
1 Lacs
Gamharia, Jamshedpur
Posted:1 day ago|
Platform:
Work from Office
Full Time
Job Description for the CFO/ Head of Department Accounts & Commercial Job Title: Head of Department – Accounts & Commercial Location: Sriunhat Metaliks Private Limited Infinity Industrial Park, Birbans, Tata – Seraikela Road, Seraikela-Kharsawan, Jamshedpur – 833220, Jharkhand, India Reporting To: Director – Sriunhat Metaliks Job Overview: We are seeking a results-driven and experienced Head of Department – Accounts & Commercial to lead the financial and commercial operations of Sriunhat Metaliks Pvt. Ltd. , a 1,400 MT/month ferrous foundry, and also manage the finance operations of the sister concern’s heat treatment and machining facility located within the same industrial complex. The role involves full-spectrum financial leadership, with emphasis on cost control, board-level reporting, statutory compliance, and coordination across multiple manufacturing units. SMPL/ACCOUNTS/JD 2 Key Responsibilities: Financial Operations Oversee day-to-day accounting, banking, taxation (GST, TDS, Income Tax), and statutory compliance Ensure timely monthly and annual closure of accounts, working closely with internal and external auditors Conduct quarterly and annual inventory physical verification across all units and ensure reconciliation with books Reporting & Board Presentations Prepare and present the following on a monthly basis : Profit & Loss Statement (P&L) Comprehensive MIS Reports (unit-wise and consolidated) Project Finance Updates (capex, ROI, cash flow, funding status) Variance analysis and commentary for management insight Lead quarterly and annual reporting to the Board of Directors , with actionable financial insights Costing & Strategic Finance Maintain robust costing systems and inventory valuation processes Support product pricing decisions and margin improvement initiatives Evaluate project financial viability and participate in investment planning and financial modelling Commercial Functions Oversee receivables/payables, credit control, and vendor/customer reconciliations Ensure proper documentation and adherence to commercial terms in all transactions Handle intercompany transactions, internal controls, and group-level reporting Team Leadership & Coordination Lead and mentor finance teams across both the foundry and sister concern SMPL/ACCOUNTS/JD 3 Coordinate with production, SCM, and project teams for finance-related data, compliance, and controls Interface with banks, auditors, government agencies, and the group office on all financial matters System & Process Improvements Spearhead ERP implementation/upgrades (Microsoft Dynamics / Tally NAV) Strengthen financial controls, data accuracy, and reporting efficiency Drive automation and standardization across finance functions Qualifications: CA / CMA / MBA (Finance) with at least 10 years of experience in core manufacturing finance Expertise in P&L management , project finance , and inventory control Strong working knowledge of ERP systems and financial reporting standards Desirable Traits: Strategic thinker with a hands-on approach High integrity, process discipline, and team leadership Excellent analytical, communication, and stakeholder management skills Compensation: Competitive and performance-linked, commensurate with experience and qualifications.
Sriunhat Metaliks Private Limited (SMPL)
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