Finance Head

Key Responsibilities:

( Candidate from aerospace / automotive / precision engineering will be preferred) Salary in not constrain for right candidates.

Daily Responsibilities

• Monitor daily cash position, bank balances, and fund availability
• Track receivables, payables, and overdue follow-ups (especially export customers)
• Authorize daily payments aligned to approved budgets and priorities
• Ensure ERP discipline correct posting of invoices, GRNs, job costs, and expenses
• Review shop-floor cost leakages (scrap, rework, machine idle cost, overtime impact)
• Coordinate with Supply Chain on advance payments, LC terms, import duties, forex exposure

Weekly Responsibilities

• Weekly cash flow forecast (812 weeks rolling)
• Review WIP valuation, job profitability, and order-wise margin
• Conduct weekly MIS review with CEO/COO:
• Revenue vs plan
• Contribution margin per customer / part family
• Overheads vs budget
• Review inventory levels (RM, WIP, FG) and slow-moving stock
• Monitor forex exposure and hedging requirements
• Track compliance calendar (GST, TDS, PF, ESI, customs, export incentives)

Monthly Responsibilities

• Finalize monthly accounts closure within defined timelines
• Prepare detailed MIS pack, including:
• P&L, Balance Sheet, Cash Flow
• Cost center analysis
• Customer & program-wise profitability
• Review capex utilization, depreciation, ROI on machines
• Analyse machine hour costing and update standard costs
• Review loan covenants, interest costs, and repayment schedules (SIDBI)
• GST returns, TDS filings, and statutory compliance review
• Support Quality & Operations in costing for FAIs, PPAPs, and long-cycle aerospace programs

. Quarterly Responsibilities

• Lead budget vs actual analysis and corrective action planning
• Review pricing assumptions for long-term aerospace contracts
• Support management in make vs buy decisions
• Evaluate working capital optimization opportunities
• Prepare board-level financial decks and insights
• Review insurance coverage, risk exposure, and claims

Annual Responsibilities

• Lead annual budgeting & financial planning aligned to MSA strategy
• Manage statutory audit, internal audit, and tax audit
• Finalize transfer pricing / export documentation (if applicable)
• Support future fund-raising readiness:
• Data room preparation
• Financial models
• Investor / lender discussions
• Evaluate new business lines (assemblies, Tier-1 supply, export expansion)
• Lead cost-reduction and efficiency improvement initiatives
• Ensure compliance with aerospace customer financial expectations

Strategic Responsibilities

• Act as financial conscience of the organization challenge assumptions, protect margins
• Translate aerospace complexity (long lead times, FAIs, scrap risk) into robust financial controls
• Drive profitability without compromising quality or compliance
• Prepare MSA financially for global aerospace customers and audits
• Support leadership in transitioning from entrepreneur-driven finance to process-driven finance
• Experience handling exports, forex, and long-cycle programs
• Prior exposure to ERP-driven manufacturing environments