Finance & Commercial Head

The role of Commercial & Finance Head based in Kurla West involves overseeing various financial and commercial operations to ensure smooth functioning and compliance with regulatory standards. Reporting to the CFO / Managing Director, the key responsibilities include financial management, accounting, taxation, statutory compliance, legal documentation, commercial transactions, stakeholder management, fixed asset management, and process automation. In terms of financial management and accounting, you will be responsible for finalizing accounts such as P&L, balance sheet, and cash flow management. It will be crucial to maintain accuracy in financial reporting and adhere to accounting standards. Developing and implementing SOPs for financial and commercial operations, monitoring budgeting, cost control, and financial forecasting are also part of the role. Ensuring compliance with Income Tax, GST, TDS, and other statutory regulations, overseeing tax planning, audits, filing returns, and handling tax assessments, appeals, and litigation matters will be essential for taxation and statutory compliance. Staying updated on regulatory changes and implementing necessary adjustments is also a key aspect of the role. Managing legal documentation, contracts, agreements, commercial transactions, vendor agreements, and corporate governance will fall under legal and commercial transactions. This includes liaising with legal consultants for dispute resolution, compliance, debtors" collection, credit control, and risk management. Implementing effective strategies for cash flow optimization is also a critical responsibility. In terms of fixed asset and scheme management, ensuring proper recording, valuation, and maintenance of fixed assets, overseeing scheme management, incentive calculations, and discount structures are important tasks. Internal and external stakeholder management involves collaborating with banks, auditors, tax consultants, regulatory bodies, coordinating with internal teams, and acting as the key contact for financial queries from external stakeholders. Utilizing SAP for financial transactions, reporting, and analysis, as well as implementing process automation and digital tools for efficiency are part of the responsibilities. The key requirements for this role include a CA / CMA / MBA (Finance) or equivalent qualification, along with 10+ years of experience in Finance & Commercial roles, preferably in manufacturing, FMCG, or related industries. Skills such as strong knowledge of Income Tax, GST, and Legal Compliance, proficiency in SAP, MS Excel, and financial reporting tools, excellent analytical, communication, negotiation skills, ability to develop SOPs, and improve operational efficiency, as well as strong leadership and team management skills are essential for success in this position.,