Finance Head - Conglomerate (15-22 yrs)

This position serves as a strategic financial advisor to the leadership and senior management team and plays a pivotal role in providing sound advice, guidance, and information on organizational performance, risk mitigation measures, and opportunities.

The position reports to the CFO

Industry: conglomerate (Promoter driven)

Responsibilities:

The financial controller will be responsible for overseeing the overall functioning of the Finance Department for Welspun BAPL and will be responsible for management reporting, compliances, taxation, and audit needs.

Corporate Finance & Compliance

- Responsible for leading a team of finance resources in general ledger, accounts payable, invoicing, accounts receivable, credit & collections, and payroll concerning various business channels.

- Managing all finance and accounting operations including invoicing, A/R, A/P, ledger scrutiny, cost accounting, inventory accounting, fixed assets accounting, revenue recognition, etc.,

- Managing cordial relationships with bankers, and external auditors while ensuring the organization is compliant with accounting standards.

- Preparation of Annual plan, budgets, and MIS

- Performance review, variance analysis, and corrective action

- Expenditure control, profit improvement measures

- Decision support to MD and the board on commercial matters such as duties, taxation, risks, cost metrics etc.

- Partnership with management to provide information to support sales and profitability growth and optimize taxation.

Controllership & Taxation

- Finalization of financial statements of P&L, balance sheet, cash flow & analytics associated with them.

- Compliance with regulatory requirements of company law, tax laws, and other statutory requirements.

- Timely Compliance for various direct and indirect taxes like GST, TDS, etc. Tax planning & tax payouts.

- Preparation of budget and forecasts

- NPD Costing, KPI Preparation, and Analysis

- Margin Analysis - by product, customer, segment, etc.

- Analysis on Inventory, material movement, Gross margins/ contribution expenses for management review

- Capex and Investments controlling, Investments monitoring, and ROI evaluation.

Candidate requirement :

- At least 20 years of experience in corporate finance and accounting functions preferably in reputed

- Expertise in corporate finance, and banking besides the regular mainstream business finance & controllership areas.

- Exposure to ERP systems and abilities to extract meaningful data & MIS from business operations.

- Must have worked within matrix organizations and structures and a global organization.

- In-depth knowledge of corporate finance, accounting principles, laws, and best practices.

- Solid knowledge of financial analysis and forecasting.

- Proficient in tally, excel, and business analytics tools.

- An analytical mind with strategic abilities.

- Excellent communication and interpersonal skills