Posted By
Posted in
Banking & Finance
Job Code
1563542
Position Title: Cluster Head - Finance
Location: Cluster HQ
Department: Finance
Key Responsibilities:
1. Financial Books & Compliance:
- Maintain financial records in line with company policies, Local GAAP, IFRS, and statutory requirements.
- Ensure hygiene of books through regular reviews and provide insights to management.
- Manage audits efficiently and liaise with internal auditors for timely resolutions.
2. Profit & Budget Management:
- Support the Cluster Head in achieving project profit margins.
- Ensure timely submission of MIS reports and participate in budget preparation.
- Identify cost control measures during business reviews to align with approved budgets.
3. Compliance & Risk Management:
- Ensure all business units adhere to internal company guidelines and local regulations (direct/indirect taxation).
- Develop a compliance checklist and ensure the business unit meets all regulatory requirements.
4. Working Capital & Cash Flow Management:
- Manage and monitor working capital for the cluster to optimize cash flow.
- Implement cost-control measures to improve financial efficiency.
5. ERP Implementation:
- Collaborate with the Group Finance Head to implement ERP systems for finance processes and ensure efficient utilization.
6. Procurement & Cost Control:
- Review procurement processes to ensure cost-effectiveness and risk mitigation.
7. Team Development:
- Plan manpower, foster motivation, and drive competence development among team members.
8. Business Partnership:
- Act as a strategic business partner to the Cluster Head and Business Units by offering financial insights and commercial acumen.
Critical Job Activities:
- Ensure timely maintenance of financial records under Local GAAP and IFRS.
- Guide and train team members on bookkeeping and financial hygiene.
- Conduct quarterly Limited Reviews and year-end audits as per timelines.
- Collaborate with internal/external auditors for seamless audits.
- Support the preparation of budgets, forecasts (F0, F1, F2 & F3), and variance analysis to ensure financial targets are met.
- Participate actively in business reviews, ensuring cost control measures align with budgetary goals.
- Oversee tax filings, regulatory compliance, and documentation for statutory requirements.
Required Competencies:
- Strong knowledge of financial accounting standards (Local GAAP, IFRS)
- Budgeting, Forecasting, and Financial Analysis
- ERP System Implementation (Finance Modules)
- Team Leadership and People Management
- Effective Communication and Stakeholder Management
Performance Levels:
- Demonstrated ability to meet financial deadlines
- Efficient risk management and cost-control initiatives
- Ensured compliance across finance, taxation, and reporting domains
Ideal Candidate Profile:
- Qualified Chartered Accountant (CA) / Certified Public Accountant (CPA) / MBA (Finance) or equivalent
- 10+ years of experience in financial management, preferably in EPC, Infrastructure, or Engineering sectors
- Proven track record in managing complex financial operations and supporting business growth
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Posted By
Posted in
Banking & Finance
Job Code
1563542