Description:

Job Title: Head - Accounts & Finance (for Southern Manufacturing Operations)

Position Level: General Manager or Sr. General Manager.

Location: Chennai with frequent travels to AP Plant (At least 10 days a month)

Department: Finance & Accounts

Reports to: Administratively & Functional Reporting to CFO

Job Overview:

We are seeking an experienced and result oriented Head - Accounts & Finance to manage and oversee all financial & STORES operations at our southern India manufacturing plants. This role will be responsible for ensuring the accuracy of financial records, adherence to accounting standards, and optimization of financial performance, store & material management. He will collaborate closely with the Plant Head and cross-functional teams to provide financial insights, Inventory Management, Material Handling and support decision-making, contributing to the plants operational and financial goals. The role requires strong experience in SAP environments for financial reporting and data management.

Key Responsibilities:

Internal Controls and Compliance:

- Ensure compliance with local tax laws, corporate policies, and accounting standards.

- Develop, implement, and monitor internal controls to safeguard company assets and ensure accurate financial reporting.

- Manage the annual audit process and collaborate with external auditors.

Financial Reporting and Analysis:

- Prepare and present monthly, quarterly, and annual financial statements, ensuring compliance with company policies and accounting standards.

- Provide detailed analysis of plant performance, profitability, cost control, and financial forecasting.

- Ensure timely and accurate closure of monthly financial accounts, working closely with the Plant Head and other departments.

- Leverage SAP for financial reporting, analysis, and ensuring data integrity and consistency.

Budgeting and Forecasting:

- Lead the preparation of the plants annual budget, ensuring alignment with corporate financial goals and operational needs.

- Regularly review financial performance against budget and take corrective actions as required.

- Assist the CFO in long-term financial planning and forecasting for the plant.

Cost Control and Optimization:

- Identify areas for cost reduction and efficiency improvements within the plant.

- Monitor production costs, material usage, and overheads to ensure financial control.

- Utilize SAP to track costs, monitor financial performance, and report results.

Cash Flow Management:

- Monitor and manage the plants cash flow, working capital, and liquidity.

- Oversee accounts payable, receivable, and inventory management, using SAP tools to optimize financial efficiency.

Team Management and Development:

- Supervise and mentor the finance team at the plant, providing guidance, training, and development opportunities.

- Conduct performance reviews and set goals for the team in alignment with plant objectives.

Strategic Financial Insights:

- Provide actionable financial insights to the Plant Head and senior management to support key business decisions.

- Collaborate with cross-functional teams (Operations, HR, Supply Chain, etc.) to drive financial improvements and plant-level performance.

STORES Management:

- Oversee the entire inventory management process, ensuring the accurate and timely receipt, storage, and distribution of materials.

- Implement strategies to maintain an optimal inventory level to prevent overstocking or stockouts.

- Conduct regular stock audits and physical inventory checks to ensure accuracy and minimize discrepancies.

- Develop and maintain an effective inventory tracking system.

Material Handling:

- Collaborate with the procurement team to ensure timely procurement of materials and supplies needed for operations.

- Ensure proper storage of materials to prevent damage, deterioration, or loss.

- Establish and manage relationships with suppliers and vendors to ensure the availability of materials at competitive prices.

Qualifications:

Education:

- Bachelors degree in accounting, Finance, or a related field (required).

- Professional accounting qualification Chartered Accountant, CMA as an add on will be good.

Experience:

- Minimum of 12-15 years of experience in finance and accounting, with at least 5 years in a Head Accounts & Finance role within a manufacturing set up.

- Hands-on experience in budgeting, forecasting, financial reporting, cost management, and internal controls.

- Exposure to SAP environment for financial data management, reporting, and analysis is required.

Skills & Competencies:

- Strong analytical, problem-solving, and decision-making skills.

- Deep knowledge of accounting standards and regulations (Indian GAAP, IFRS).

- Experience with SAP and ERP systems for financial reporting and analysis.

- Excellent communication skills, capable of conveying complex financial information to non-financial stakeholders.

- Proven leadership skills with the ability to manage and develop teams.

- Ability to work independently and manage multiple priorities in a fast-paced environment.

Personal Attributes:

- High attention to detail, ensuring accuracy and compliance in all financial processes.

- Results-driven with a proactive approach to identifying and solving financial challenges.

- Strong interpersonal and collaboration skills to work effectively across teams.

- Leadership qualities that foster team development, performance, and alignment with organizational goals.

Essential Requirement:

- The role is based at our manufacturing plant in Chennai with frequent visit & stay at our AP Plants, requiring regular interaction with the Plant Head and other departments.

Travel: Occasional travel to corporate headquarters & very frequent travel to AP plant location will be required.

Compensation: Competitive salary with benefits.

Interested?

Share your CV along with below details (Mandatory)

- Present CTC
- Expected CTC
- Total Experiece
- CA Qualified (Yes/No)
- SAP Exposure
- Manufecturing Experience in Years
- Notice Period
- Buyout Option Available (Yes/No)