General Manager Finance

General Manager – Finance

2. Key Responsibilities

A. Financial Planning & Strategy

• Develop and execute financial strategies aligned with business goals.
• Prepare annual budgets, rolling forecasts, and financial projections.
• Lead long-term financial planning for capex, new plants, machines, and projects.

B. Accounting & Finance Operations

• Oversee all accounting functions: AP, AR, GL, banking, payroll, cost accounting.
• Ensure timely monthly/quarterly/yearly closing of books.
• Maintain accurate financial statements as per statutory standards.

C. Costing & Pricing – Manufacturing & PEB Projects

• Manage

  product costing

  for poles, high masts, and structural fabrication.
• Prepare

  PEB project costing

  , BOQ-based costing, and margin analysis.
• Monitor raw material (steel) prices, fabrication costs, galvanizing costs, logistics, etc.
• Ensure accurate

  project profitability

  and post-project cost reviews.

D. Working Capital Management

• Monitor receivables, manage credit control, and ensure timely collection.
• Optimize inventory levels of steel, consumables, and finished goods.
• Manage vendor payments, bank limits, LC/BG, OD/CC facilities.
• Work closely with banks and financial institutions for funding.

E. Compliance & Statutory Controls

• Ensure compliance with GST, TDS, Income Tax, PF/ESI, and other statutory norms.
• Coordinate with auditors (internal & statutory) and ensure timely audits.
• Implement strong internal controls and risk management systems.

F. MIS & Business Analysis

• Prepare accurate and timely MIS reports for management.
• Analyze production efficiency, plant utilization, wastage, and cost variance.
• Provide financial insights for Sales, Production, Procurement, and Projects.
• Support pricing decisions, tender submissions, and commercial negotiations.

G. Team Leadership

• Lead and mentor the finance & accounts team.
• Build robust financial processes and SOPs.
• Coordinate with operations, design, procurement, and sales departments.

3. Required Qualifications & Skills

Education

• CA / CMA / MBA Finance preferred.
• Additional certification in financial management or auditing is an advantage.

Experience

• 10–20 years

  experience in manufacturing finance.
• Strong experience in steel fabrication, poles, PEB, EPC projects, or engineering sector.
• Experience in handling banks, audits, and working capital efficiently.

Skills

• Strong knowledge of

  costing

  ,

  budgeting

  ,

  compliance

  , and

  financial controls

  .
• Expertise in

  ERP systems

  (Tally, SAP, or any manufacturing ERP).
• Analytical thinking with strong leadership and decision-making abilities.
• Good commercial understanding of government and infra project business.

4. Key Performance Indicators (KPIs)

• Reduction in production and project costs.
• Effective working capital cycle (DSO, DPO, Inventory Days).
• Compliance accuracy and audit closure without major remarks.
• Project profitability and budgeting accuracy.
• Improvement in cash flow and financial discipline.