8-12 years
Finance/Commercial Manager - FMCG/Consumer Durables/Paints/Building & Construction - CA (8-12 yrs)
ACH Management Consultants
posted 2d ago
Flexible timing
Key skills for the job
Finance / Commercial Manager - CA
Experience: 8 to 12 years of overall experience in Commercial & Financial Operations
Education: Chartered Accountant (CA) - 1st Attempt (All Levels)
Industry Preference: FMCG, Consumer Durables, Paints, or Building & Construction Brands
About the Role:
We are seeking a high-impact Finance / Commercial Manager (CA - 1st Attempt) to lead the financial, commercial, and compliance operations of the region. This role will require the candidate to act as a key stakeholder in driving business growth, financial discipline, and cost efficiency. The individual will play a dual role - supporting the business growth while leading the financial and commercial operations, ensuring a robust control environment.
The ideal candidate must have strong experience in ommercial operations, budgeting, financial control, working capital management, and vendor negotiations.
Key Responsibilities:
1. Financial Accounting, Reporting & Compliance:
- Oversee and lead financial accounting and reporting functions for the region.
- Ensure accurate financial closures for statutory purposes and internal periodic reporting.
- Lead internal audits, statutory audits, and compliance reporting as per regulatory norms.
- Implement and enhance internal control frameworks to strengthen financial governance.
- Ensure 100% compliance with GST, income tax, and other financial regulations.
2. Business Partnering & Growth Enablement:
- Act as a key financial partner to the business, supporting revenue growth and driving profitability.
- Collaborate with cross-functional teams to optimize costs, enhance margins, and increase overall profitability.
- Support the creation of Annual Operating Plans (AOP) and long-term financial forecasts.
- Provide strategic financial insights to drive business decisions and achieve growth objectives.
3. Cost Rationalization & Margin Enhancement:
- Lead cost rationalization initiatives by analyzing plant operations, supply chain, and procurement.
- Implement measures to optimize direct and indirect costs, improving the overall profitability of the business.
- Monitor key financial KPIs, driving cost efficiency and resource optimization.
- Support in working capital management, ensuring efficient cash flow and minimal operational downtime.
4. Budgeting, Forecasting & Variance Analysis:
- Drive the Annual Budgeting Process in alignment with corporate goals and operational requirements.
- Continuously monitor and control budget utilization across the region.
- Lead periodic variance analysis (budget vs actuals) and recommend corrective actions.
- Provide business intelligence reports, financial insights, and periodic MIS reports to the leadership team.
5. Vendor Management & Commercial Negotiations:
- Lead vendor management and negotiations for key raw materials, packaging materials, and operational services.
- Collaborate with procurement teams to optimize vendor contracts and drive better commercial outcomes.
- Ensure that vendor contracts are aligned with cost efficiency and margin enhancement goals.
6. Working Capital & Cash Flow Management:
- Optimize working capital cycles by ensuring efficient inventory, receivables, and payables management.
- Drive cash flow management to maintain a healthy balance between profitability and capital investment.
- Continuously identify opportunities for improving working capital efficiency.
7. Internal Controls & Governance Framework:
- Implement and strengthen the internal control framework across financial, operational, and procurement processes.
- Ensure 100% compliance with financial regulations, statutory laws, and internal control standards.
- Lead internal audits, statutory audits, and compliance reviews to enhance organizational governance.
8. Supporting Mergers, Acquisitions & Financial Structuring:
- Support the finance leadership in financial structuring, modeling, and evaluation of acquisitions or capital investments.
- Participate in due diligence, financial modeling, and valuation processes for potential acquisitions.
- Ensure efficient capital utilization for both organic and inorganic growth.
Key Requirements:
- Education: Chartered Accountant (CA) - 1st Attempt (All Levels) is mandatory.
- Experience: Minimum 8 to 12 years of strong commercial and financial experience in commercial operations.
- Industry Preference: FMCG, Consumer Durables, Paints, or Building & Construction brands.
Functional Expertise:
- Financial Accounting, Reporting, and Compliance.
- Budgeting, Forecasting & Variance Analysis.
- Cost Rationalization & Margin Enhancement.
- Working Capital & Cash Flow Management.
- Commercial Vendor Management & Negotiations.
- Internal Controls, Governance, and Statutory Compliance.
Soft Skills:
- Strong financial and business acumen.
- Ability to influence cross-functional teams and business leaders.
- Exceptional analytical, decision-making, and problem-solving abilities.
- Comfortable working in a fast-paced, high-pressure environment.
Why Join Us?
- Be a key financial leader driving regional business growth and profitability.
- Work with a rapidly growing, high-impact organization.
- Gain exposure to large-scale financial operations, budget planning, and strategic business partnering.
- Play a pivotal role in cost rationalization, working capital management, and operational profitability.
- Directly contribute to the company's bottom line through strong financial control and commercial acumen.
Functional Areas: Other
Read full job description8-12 Yrs
10-12 Yrs