Head Accounts and Finance

1. Head Accounts & Finance

2. No of vac =2

3.Location: Thane Mumbai and Rajkot Gujarat

4.Qualifications : CA /CMA ( inter or final )or MBA Finance

5. Experience : 10+ years

Must have min 4 yrs recent experience in Managment role

6. Industry preferred is Manufacturing/ Auto Components/ Process Industry or Industrial automation

This role will be responsible for ensuring the accurate and timely preparation of financial statements,managing the accounts team, implementing accounting policies, and ensuring timely and accurate reporting.

Key Skills Required

• In-depth knowledge of accounting principles, standards, and regulations. Experience in

manufacturing industry

• Ability to analyse financial data and provide actionable insights.

• High level of accuracy and attention to detail in managing accounting transactions and records.

• Proficient in implementing and maintaining accounting systems and processes.

• Commitment to continuous improvement and staying updated on best practices in accounting.

• Leadership and team management abilities.

Oversee the preparation of accurate and timely financial statements, including income statements, balance sheets, and cash flow statements.

• Ensure compliance with accounting standards (GAAP, IFRS) and regulatory requirements.

• Review and analyse financial reports to provide insights to management

• Oversee the accounts payable and receivables to ensure timely and accurate processing.

• Manage credit control and collection processes to maintain healthy cash flow.

• Resolve any issues related to vendor payments and customer invoices.

• Ensure compliance with all tax regulations and timely filing of tax returns.

• Oversee and mentor a team of accountants, providing guidance and support as needed

• Provide regular feedback and mentor quality team, ensuring continuous development and

adherence to best practices.

Financial Management

• Overall responsibility for delivering Financial, Cost, and Compliance controls at the unit level having turnover Rs 250 Cr.
• Ensure correctness of Unit Financials and accurate reporting of unit P&L
• Responsible for month-end and year-end closing activities and reporting
• Preparation and monitoring of Unit Budget and monitoring monthly basis.
• Account payable and receivable management
• Deep knowledge of GST including filling monthly returns, IMS, Annual return GSTR 9 and 9C, handling GST Audit.

Compliance & Reporting

• Implement and maintain proper Internal Control systems at the unit
• Responsible for internal audit coordination and implementation
• Handle statutory compliances with respect to GST and coordinate with various government authorities
• Manage all types of audits including Statutory Audit, Tax Audit, GST Audit, and Internal Audit

Cost Control & Efficiency

• Product costing validation and efficiency reporting
• Control unit overheads and track unit performance metrics
• Drive cost reduction and waste elimination initiatives
• Inventory control and management

Asset Management

• Responsible for custody and control of Fixed Assets and accurate accounting

Strategic Support

• Work collaboratively with the unit team to achieve all key performance indicators
• Provide financial insights to support decision-making processes
• Identify opportunities for process improvements and automation

Required Competencies

• Excellent analytical and problem-solving skills
• Strong attention to detail and accuracy
• Effective communication and interpersonal skills
• Ability to work under pressure and meet deadlines
• Team leadership and management capabilities
• Proficiency in SAP (HANA) and MS Office applications