Head Finance Accounting

Job Description for Colorshine Finance Profile
About the Company - Colorshine Colorshine.in
Legal entities - Colorshine India Pvt Ltd (CIPL) & Colorshine Coated Pvt Ltd (CCPL) –
Location – Gudur, Andhra Pradesh

Primary job responsibilities –

• Manage day to day functioning of the Finance function. This comprises:
• Maintenance of books of accounts for the legal entities mentioned above.
• Manage invoicing, expenses accounting and payments.
• Manage compliances – GST and TDS.
• Set processes to ensure activities are done efficiently and in optimal time; coordinate with the HO finance function.
• Team size – 3 full-time resources on-site.

• Prepare annual budgets – with sufficient detailing so as to set KRAs / KPIs for the senior team members. Annual budgets to contain granular details of factory operations and regional sales operations, and with cuts as is necessary for the business. Prepare quarterly projections at the beginning of every quarter to understand the changes in market dynamics QoQ.

• Manage daily MIS requirement – for the plant, for sales and for the management of the Company. Attend review meetings with operations teams and work on action points as identified in such reviews.

• Monthly - To prepare Company level MIS comprising revenue analytics, P&L, BS and Working Capital statements, combining financial and non-financial information for the Company. Effectively manage financial statements every month. Financial statements to be prepared in line with Schedule 3 of the Companies Act.

• Critically monitor actual spends against quarterly projections – take corrective actions wherever needed – and take initiatives towards reduction / optimisation of factory costs.

• Colorshine has implemented SAP 4 HANA for managing its accounting and business operations. To lead and manage SAP initiatives, including improvement of the present implementation, from time to time.

• Manage statutory audit for the legal entities and also for the consolidated financials.

Requisite skill:

• Excellent oral and written communication skills – to be able to manage communication with stakeholders independently.
• Strong analytical skill; should be able to grasp nuances of different businesses quickly.
• Clarity of thoughts in terms of problem solving and root cause analysis.
• Should have led finance & accounting teams (approx. 5-7 member team size), preferably that require extensive discussions with peer groups (like Sales, Operations, etc).
• Excellent MS-Office skill – should be able to manage extensive spreadsheet.

Qualification:

• BCOM & MBA Finance; CA; willing to consider experienced CA Inter / CA Finalist.
• Around 7-10 years’ experience that helps develop above required skill sets.
• Location -