Head of Business Finance

5 years

5 - 8 Lacs

Posted:6 days ago| Platform: GlassDoor logo

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On-site

Job Type

Full Time

Job Description

Job Description – Head of Business Finance

**Location:** Mumbai, India
**Reports to:** Group CFO – Agraga
**Experience:** 5+ years
**Qualification:** CA / CMA / MBA (Finance)

Role Overview

The Head of Business Finance is responsible for the end-to-end execution of financial operations across Agraga and its group entities, including Byteport Logistics. This role drives accuracy in books, controls cash flows, and ensures timely and error-free MIS reporting. The focus is on execution and control — owning Accounts Payable, Accounts Receivable, Banking Operations, and MIS to maintain tight financial discipline supporting daily business decisions.

Key Responsibilities

1. Accounts Payable & Bank Operations

  • Lead vendor management from onboarding to final payments.
  • Verify invoice accuracy, PO and GRN matching, and ensure timely approvals.
  • Run the daily payment process — batches, uploads, authorisations, and bank reconciliations.
  • Maintain accurate cash flow visibility across all banks and entities; update weekly cash forecast.
  • Oversee bank documentation, fund transfers, OD/WCDL usage, and short-term placements.
  • Enforce spend control through vendor ageing review and approval matrix adherence.

2. Accounts Receivable & Collections

  • Supervise invoicing and debit/credit note issuance as per shipment data.
  • Track collections daily; publish customer-wise ageing and follow-up actions.
  • Ensure accurate receipt accounting and customer reconciliation in ERP.
  • Coordinate with Sales and Operations on billing accuracy and credit limit usage.
  • Drive DSO reduction through proactive escalations and direct client coordination.

3. MIS & Reporting

  • Prepare and release monthly MIS covering revenue, gross profit, AR/AP ageing, cash flow, and entity P&L.
  • Maintain tracking for budget vs actuals and variance commentary from verticals and subsidiaries.
  • Reconcile ERP job-costing with financial books to ensure margin accuracy.
  • Standardise reporting templates and closure timelines for all finance teams.
  • Collaborate with Tech/MIS teams to automate dashboards and streamline data extraction.

4. Internal Controls & Compliance

  • Implement robust controls for vendor onboarding, approval, and payment processes.
  • Monitor policy adherence for expense claims, advances, and reimbursements.
  • Ensure accurate GL reconciliations – bank, vendor, customer, inter-company, and advances.
  • Support internal and statutory audits with schedules, explanations, and documentation.
  • Align subsidiary finance practices to group-level accounting and reporting standards.

5. People & Process Management

  • Supervise finance executives managing AP/AR/MIS across entities.
  • Conduct monthly reviews with subsidiary finance managers to resolve open items.
  • Drive continuous process improvement to reduce manual intervention and errors.
  • Provide training on ERP usage, compliance policies, and reporting discipline.

Candidate Profile

  • CA / MBA (Finance) with 5+ years of experience in finance operations and MIS within logistics, supply chain, or tech-enabled industries.
  • Hands-on experience with ERP operations, reconciliations, and cash management.
  • Proven ability to manage monthly closures and generate accurate, timely MIS.
  • High attention to detail and discipline in documentation and control.
  • Strong communication skills for cross-functional coordination.
  • Execution-focused mindset with ownership for accuracy, speed, and compliance.

Why Join Us

  • Ownership of end-to-end business finance execution across the Agraga Group.
  • Direct exposure to the CFO and leadership on cash flow, profitability, and process controls.
  • Opportunity to standardise and automate finance operations in a fast-scaling logistics-tech business.
  • High-impact role driving financial discipline and operational excellence.

Interested candidate can connect on

meena.konar@agraga.com or 89768 02460

Job Types: Full-time, Permanent

Pay: ₹500,000.00 - ₹800,000.00 per year

Benefits:

  • Health insurance
  • Paid sick time
  • Provident Fund

Work Location: In person

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