Head Accounts

Those who are interested can apply from this link - https://bit.ly/4jlHJtL

The Head of Accounts will lead all financial functions, overseeing budgeting, forecasting, financial reporting, compliance, and audit coordination. This leadership role requires strategic decision-making and will be responsible for ensuring the organization's financial health and alignment with its long-term goals. The Head of Accounts will also be pivotal in liaising with the executive team and managing the day-to-day financial operations of the company.

About the company:

Founded in 1986, the company has grown into a premier one-stop solution for sheet metal and tubular fabrication, metal finishing, and assembly of components. The company is catered to (OEMs) in both automotive and non-automotive sectors across India and globally. The annual turnover of approximately INR 1,500 Crores, is on the path to an initial public offering (IPO). The company's continued focus on meeting the evolving needs of the automotive industry makes it a preferred partner for leading names such as Hero MotoCorp, TVS Motor Company, Mahindra & Mahindra, Honda, and many others.

Key Responsibilities:

Financial Planning & Analysis:

• Lead financial planning and forecasting processes, ensuring alignment with the company's strategic goals.
• Manage product costing, pricing strategies, and cost-cutting initiatives.
• Conduct variance analysis and provide financial insights to support decision-making.

Budgeting & Forecasting:

• Develop, manage, and control budgets across departments.
• Monitor financial performance against budgets and forecasts, taking corrective actions where necessary.

Cash Flow Management:

• Oversee cash flow management, ensuring liquidity is maintained for operational and capital needs.
• Manage working capital efficiently, ensuring optimal cash management practices.

Financial Reporting:

• Prepare accurate and timely financial reports for internal stakeholders, including the Board and CEO.
• Ensure compliance with statutory reporting requirements under local regulations (Tax Laws, SEBI, Companies Act, etc.).
• Coordinate with external auditors for annual audits, addressing any issues that arise.

Debt & Equity Fund Raising:

• Lead debt and equity fund-raising efforts as needed.
• Work closely with financial institutions and investors to secure financing for company expansion or operations.

Tax Planning & Compliance:

• Oversee all aspects of tax compliance, including direct and indirect taxes.
• Ensure timely filing of all tax returns and compliance with relevant tax laws.
• Develop and implement tax-saving strategies.

Internal Controls & ERP Implementation:

• Establish and maintain a robust system of internal controls to safeguard company assets.
• Lead ERP system implementations and integrations, ensuring accuracy and efficiency in financial transactions.

Audit Coordination:

• Coordinate with internal and external auditors to facilitate audits and resolve any identified issues.

Vendor Negotiations & Cost Management:

• Manage vendor negotiations for better terms and cost efficiency.
• Oversee Accounts Payable (AP) and Accounts Receivable (AR) to optimize cash flow.

Leadership & Team Management:

• Lead, mentor, and manage the accounts team, ensuring efficiency and professionalism in all functions.
• Foster a collaborative environment to ensure alignment between departments and financial goals.

Qualifications:

• CA (Chartered Accountant) or equivalent certification.
• Minimum 10-15 years of experience in accounting and finance, with at least 5 years in a leadership role.
• Experience in managing accounts for a manufacturing company or similar industry.
• Strong experience in ERP implementation and cash flow management.