Finance Head

Job Summary:

The Finance Manager will lead financial operations for a company engaged in rail-road vehicles, heavy mechanical equipment, and railway construction machinery. This role involves managing project-based finances, cost control for large-scale engineering projects, and strategic planning for capital-intensive operations. The Finance Manager ensures compliance, optimizes resource allocation, and provides actionable insights to drive profitability and growth.

Key Responsibilities:

Financial Planning & Analysis

• Develop long-term financial strategies aligned with infrastructure and manufacturing goals.
• Prepare detailed budgets and forecasts for multi-phase railway construction and equipment manufacturing projects.
• Conduct variance analysis and recommend corrective actions for cost overruns.

Project Finance & Cost Control

• Monitor and manage project-specific financials, including procurement, fabrication, and installation costs.
• Implement cost accounting systems for heavy machinery production and railway construction activities.
• Evaluate capital expenditure proposals and ROI for new equipment and technology investments.

Compliance & Risk Management

• Ensure adherence to statutory requirements, tax laws, and railway industry financial regulations.
• Oversee internal controls and risk mitigation strategies for large-scale projects.
• Coordinate audits and maintain transparent financial reporting for stakeholders.

Cash Flow & Working Capital Management

• Manage liquidity to support high-value procurement and long lead-time manufacturing cycles.
• Optimize working capital through effective inventory and receivables management.
• Negotiate financing arrangements with banks and financial institutions for project funding.

Cross-Functional Collaboration

• Work closely with engineering, procurement, and project management teams to align financial goals with operational plans.
• Provide financial insights for tender preparation, bid evaluations, and contract negotiations.

Qualifications & Skills:

• Bachelors degree in Finance, Accounting, or related field (MBA/CA/CPA preferred).
• 7+ years of experience in financial management, with exposure to manufacturing, heavy engineering, or infrastructure projects.
• Strong knowledge of cost accounting, project finance, and capital budgeting for large-scale industrial operations.
• Proficiency in ERP systems (SAP/Oracle) and advanced Excel modeling.
• Excellent analytical, leadership, and communication skills.
• Familiarity with railway industry standards and government compliance frameworks is a plus.