Deputy General Manager

Job Title:

• Strategic Financial Management:

• Develop and implement financial strategies aligned with corporate objectives.
• Provide financial leadership for strategic planning and daily operations.
• Advise on funding strategies, investments, and risk management.
• Build Annual Operating Plans (AOP) and conduct variance analysis.
• Coordinate with cross-functional leadership/teams for financial alignment.

• Financial Planning & Budgeting:

• Oversee accurate preparation of budgets and forecasts.
• Monitor financial performance, identify variances, and recommend actions.
• Lead the annual budgeting process across departments.
• Prepare financial analyses for contracts and investments.

• Financial Reporting & Compliance:

• Ensure timely, accurate financial statements per statutory requirements.
• Produce management reports, including P&L, balance sheets, cash flows.
• Maintain precise accounting practices; ensure ledgers are up-to-date in ERP.
• Ensure compliance with financial regulations and reporting standards.

• Cash Flow & Treasury Management:

• Manage cash flow to meet operational and capital needs.
• Oversee treasury operations, banking relationships, and fund management.
• Arrange project and acquisition financing; prepare financing proposals and CMA data.
• Monitor working capital; optimize receivables, payables, and inventory.

• Cost Control & Efficiency:

• Implement cost control measures; drive financial efficiency initiatives.
• Conduct variance analysis; provide insights for performance improvement.
• Introduce and monitor cost-saving activities.
• Establish benchmarks for financial and operational performance.

• Taxation & Audit Management:

• Ensure timely, accurate filing of all tax returns (GST, income tax, etc.).
• Manage tax planning and compliance to minimize liabilities.
• Handle interactions with GST, IT, and other tax departments.
• Coordinate with auditors; ensure audit readiness and address queries.

• Risk Management & Internal Controls:

• Develop robust internal control frameworks.
• Monitor and mitigate financial risks.
• Regularly review financial policies and procedures.
• Ensure compliance with Companies Act, FEMA, and corporate laws.

• Team Leadership & Development:

• Lead and mentor a finance team of 5+ members.
• Foster a collaborative environment within finance and across the company.
• Recruit world-class talent.
• Equip the team for daily operations and strategic initiatives.

• Reconciliations and Reporting:

• Ensure timely reconciliation of books and registers.
• Reconcile purchase and sales quantities with factory records.
• Prepare statements for material receipts and in-transit items.
• Oversee GST reconciliations; ensure proper filing and charging.
• Coordinate between GST and accounts departments.
• Manage income tax matters, TDS deductions, and provident fund contributions.

• Banking and Financing Activities:

• Manage banking activities; arrange funds in a manufacturing context.
• Interact with banks for working capital utilization, trade credit, LC, BG issuance.
• Ensure debt servicing and compliance with financing arrangements.
• Prepare and submit financial assistance applications.

• Other Responsibilities:

• Represent the company to government agencies, auditors, and the public.
• Analyze financial data; recommend system and performance improvements.
• Manage working capital and fund arrangements.
• Identify and implement cost reduction and profit improvement programs.
• Ensure compliance with all corporate laws and regulations.

Qualifications & Skills:

• Education:

• Chartered Accountant (CA) or Cost Accountant (CMA) required.
• MBA in Finance or related field is a plus.

• Experience:

• 10+ years in finance and accounting, with 3+ years in senior leadership.
• Experience in manufacturing or industrial financial operations.
• Extensive banking experience in a manufacturing concern.

• Technical Skills:

• Strong knowledge of regulatory frameworks.
• Proficient in modern accounting practices; excellent accounting skills.
• Skilled in ERP systems; capable of implementing SAP/ERP solutions.
• Experience with financial modeling, budgeting, forecasting, variance analysis.
• Knowledge in preparing CMA data for bankers.

• Leadership & Communication:

• Strong leadership; able to influence and collaborate.
• Experience leading teams of 10+ people.
• Excellent communication in English and Hindi.
• Advanced stakeholder management skills.

• Personal Attributes:

• Hard taskmaster with smart implementation skills.
• High integrity; reliable and responsible.
• Strong ownership and accountability.
• Self-motivated; able to work independently and in teams.
• Effective at interacting with all organizational levels.

Key Competencies:

• Strategic Financial Leadership
• Financial Planning & Budgeting
• Risk Management & Internal Controls
• Cost Control & Operational Efficiency
• Cash Flow & Treasury Management
• Taxation & Compliance
• Team Leadership & Development
• Problem-Solving and Decision-Making
• Legal and Liaising Skills
• Coordination (Departmental & Cross-Functional)
• Advanced Stakeholder Management