Vashi Integrated - Accounts Head

Experience: 10-15 years. The role requires strategic financial planning, budgeting, cost control, working capital management, and statutory compliance to support sustainable business growth and profitability.

Key Responsibilities:

Financial Planning & Strategy:

- Develop and implement financial strategies aligned with business goals.

- Prepare annual budgets, forecasts, and business plans.

- Monitor business performance against budgets and take corrective actions.

Accounting & Reporting:

- Oversee day-to-day accounting operations including accounts payable/receivable, general ledger, and bank reconciliations.

- Ensure timely closure of monthly, quarterly, and annual financial statements.

- Prepare MIS reports, financial dashboards, and profitability analysis for management.

Inventory & Cost Control:

- Monitor and optimize spare parts inventory valuation and turnover.

- Implement cost control mechanisms and improve operational efficiencies.

- Coordinate with the supply chain and warehouse teams for inventory accuracy.

Taxation & Compliance:

- Ensure compliance with all statutory requirements GST, TDS, Income Tax, etc.

- Liaise with auditors, consultants, and regulatory authorities as needed.

- Handle internal and statutory audits efficiently.

Cash Flow & Working Capital Management:

- Monitor and manage daily cash flow and fund flow.

- Optimize working capital through effective receivables and payables management.

- Handle banking relationships and ensure smooth fund operations.

ERP & Systems Implementation:

- Work with the IT/ERP team to ensure accounting processes are streamlined via ERP systems (Tally/Oracle/SAP/others).

- Ensure data integrity and accurate financial reporting from systems.

Team Management:

- Lead, train, and mentor the finance and accounts team.

- Ensure a culture of accountability, ownership, and continuous improvement.

Key Requirements:

Education: CA / CMA / MBA (Finance)

Experience: 10-15 years of experience in finance and accounts, preferably in automotive spare parts or a trading/distribution business.

Industry Preference: Auto parts, automobile dealership, or similar industries with inventory-led operations.

Skills:

- Strong analytical and problem-solving skills.

- Sound knowledge of taxation, accounting standards, and compliance.

- Excellent leadership and communication abilities.

- Proficiency in ERP software and advanced Excel.

Key Performance Indicators (KPIs):

- Budget adherence and variance control.

- Inventory turnover ratio.

- Timely financial reporting.

- Audit compliance score.

- Reduction in receivables aging.

- Cost savings and process improvements.