GM Finance

Role & responsibilities

1. Financial Planning & Strategy

• Develop and implement financial strategies aligned with organizational goals.
• Prepare financial forecasts, budgeting, and financial modeling for decision-making.
• Support business planning, feasibility studies, and capital investment analysis.

2. Accounts & Financial Reporting

• Ensure timely preparation and finalization of monthly, quarterly, and annual financial statements.
• Oversee day-to-day accounting operations and ensure adherence to accounting standards (Ind AS/IFRS).
• Manage group consolidation and intercompany reconciliations, if applicable.

3. Cost & Budget Management

• Monitor and control all kind of purchase budgets.
• Conduct cost-benefit analysis and cost control initiatives.
• Oversee product costing, inventory valuation, and variance analysis in coordination with plant finance.

4. Taxation & Statutory Compliance

• Ensure timely filing of all statutory returns GST, TDS, Income Tax, PF/ESI, etc.
• Oversee tax planning, assessments, audits, and liaise with tax consultants and authorities.
• Ensure compliance with Companies Act, FEMA, and other applicable financial regulations.

5. Audit & Internal Controls

• Coordinate with statutory, internal, and cost auditors.
• Strengthen internal control systems and ensure SOPs are implemented effectively.
• Implement risk management practices to safeguard company assets.

6. Fund Management & Treasury

• Manage cash flow, working capital, and fund flow planning.
• Maintain banking relationships, arrange working capital & term loans.
• Handle forex management, LC/BG issuance, and treasury operations.

7. Team Management

• Lead, mentor, and develop the finance and accounts team.
• Ensure performance reviews, training, and competency development.

8. Management Reporting & MIS

• Generate timely and accurate MIS reports for the management.
• Provide insights into financial performance, risks, and opportunities.
• Support board presentations and investor reporting, if applicable.

9. ERP & System Implementation

• Oversee automation and system improvements in financial operations.
• Ensure proper usage and integration of ERP systems like Tally, etc.

Preferred candidate profile

Accounts, Finance, Taxation, and Statutory Compliance

• Minimum of 10 years of experience in tax management, preferably in a corporate or public accounting environment.
• Strong understanding of tax planning strategies and experience in managing indirect taxes, including Goods and Services Tax (GST).
• Exceptional communication and interpersonal skills to effectively collaborate with internal and external stakeholders.
• Knowledge of Tally or related tax management software.
• Strong knowledge of Microsoft Excel and Microsoft Office.
• Familiarity with enterprise resource planning Tally (ERP) software.
• Experience in leading and managing a finance team.
• Relationship Management with Banks & Financial Institutions.
• MIS Report Preparation & Budget Monitoring.
• Team Leadership & Problem Solving, Financial Accounting Systems, Central Excise and Tax Returns, Relationship Management with Banks & Financial Institutions.