General Manager - Finance & Accounts - Manufacturing/Aerospace/Defence - CA

Description:

- The General Manager Finance will be a key member of the executive leadership team, responsible for driving financial strategy, governance, compliance, and operational excellence.

- The CFO will oversee all financial aspects of the organization, ensuring strong financial health, regulatory compliance (including Indian and global aerospace standards), and long-term value creation.

- The role requires deep expertise in manufacturing finance, capital-intensive operations, government contracts, export regulations, and aerospace sector dynamics.

Key Responsibilities:

1. Strategic Financial Leadership

- Develop and execute financial strategy aligned with company growth objectives.

- Partner with CEO and Board to drive long-term business planning and capital allocation.

- Lead financial modelling for new programs, product lines, and international expansion.

- Support M&A activities, joint ventures, and strategic partnerships.

2. Financial Planning & Analysis (FP&A)

- Lead annual budgeting, forecasting, and multi-year financial planning.

- Drive cost control initiatives across manufacturing operations.

- Implement KPI dashboards for production efficiency, program margins, and working capital optimization.

- Analyse program profitability, including defence and commercial aerospace contracts.

3. Regulatory & Compliance Oversight

- Ensure compliance with Indian regulatory bodies such as:

i. Ministry of Corporate Affairs

ii. Securities and Exchange Board of India (if listed)

iii. Directorate General of Civil Aviation

- Ensure adherence to international aerospace regulations (e.g., ITAR, export controls).

- Oversee internal audits, statutory audits, and tax compliance (GST, corporate tax, customs duties).

4. Capital & Treasury Management

- Manage cash flow, working capital, and banking relationships

- Structure project financing for capital-intensive aerospace programs.

- Optimize debt-equity mix and manage investor relations (if applicable).

- Oversee forex risk management for global supply chain operations.

5. Manufacturing & Cost Accounting

- Implement robust cost accounting systems tailored to aerospace production cycles.

- Monitor inventory valuation, tooling investments, and capex planning.

- Drive lean manufacturing financial controls.

- Ensure accurate program costing and contract accounting.

6. Risk Management & Governance

- Develop enterprise risk management (ERM) framework.

- Lead insurance strategy for high-value aerospace assets.

- Strengthen internal controls and corporate governance frameworks.

- Serve as Company Secretary liaison (if applicable).

7. Team Leadership

- Lead finance, accounts, procurement finance, compliance, and IT finance teams.

- Build high-performance teams with strong succession planning.

- Foster cross-functional collaboration with operations, supply chain, and engineering.

Qualifications & Experience:

- Chartered Accountant (CA)

- 1520+ years of progressive finance leadership experience.

- Minimum 810 years in manufacturing; aerospace/defence experience preferred.

- Experience working with government contracts and global OEMs.

- Strong knowledge of Indian Accounting Standards (Ind AS), IFRS.

- Experience in ERP systems (SAP/Oracle preferred).

- Proven track record in capital raising and financial restructuring (if required)

Key Competencies:

- Strategic thinking and business acumen

- Strong regulatory and compliance knowledge

- Expertise in manufacturing cost structures

- Negotiation and stakeholder management

- Risk assessment and mitigation

- High integrity and ethical standards

Reporting Structure:

- Reports to: MD

- Direct Reports: Finance Controller, Head of FP&A, Treasury Head, Compliance Head, Internal Audit

Compensation:

- Competitive executive compensation package

- Performance-linked incentives

- ESOPs (if applicable)

- Benefits as per industry standards