DGM - Finance & Accounts

Job Description:

Key Responsibilities:

1. Financial Strategy and Planning:

   • Develop and implement financial strategies in line with the company’s objectives and goals.

   • Monitor financial performance and provide strategic recommendations to improve financial results.

   • Oversee budgeting, forecasting, and financial planning processes.

2. Accounting Management:

   • Supervise the day-to-day accounting activities including ledger management, journal entries, and month-end closing.

   • Ensure compliance with Indian GAAP (Generally Accepted Accounting Principles) and IFRS (International Financial Reporting Standards).

   • Review and approve financial statements (balance sheet, P&L, cash flow) to ensure accuracy.

3. Internal Controls and Compliance:

   • Establish and maintain robust internal controls and accounting procedures to prevent fraud and ensure financial integrity.

   • Ensure adherence to legal and regulatory financial requirements.

   • Liaise with external auditors and regulatory bodies to facilitate audits and tax filings.

4. Financial Reporting:

   • Provide timely and accurate financial reports to the senior management, highlighting key financial metrics.

   • Conduct variance analysis between actual performance and budgets, identifying areas for improvement.

   • Prepare and present financial analysis to stakeholders for decision-making purposes.

5. Cash Flow and Treasury Management:

   • Oversee cash flow management to ensure liquidity and working capital optimization.

   • Manage bank relationships and handle financing and investment decisions.

6. Team Management:

   • Lead and mentor the finance and accounts team, ensuring high performance and professional development.

   • Ensure efficient delegation of tasks and responsibilities within the finance department.

7. Taxation and Regulatory Compliance:

   • Oversee GST, Income Tax, and other indirect taxes for compliance.

   • Coordinate with tax consultants to handle audits, assessments, and tax planning.

   • Ensure timely and accurate submission of tax returns.

8. Cost Management and Financial Analysis:

   • Implement cost-control measures to improve profit margins and operational efficiency.

   • Conduct profitability analysis of various business segments and recommend cost-saving initiatives.

Key Requirements:

• Qualification:

  • Chartered Accountant (CA), MBA in Finance, or equivalent.

• Experience:

  • Minimum 8-12 years of experience in financial management, with at least 5 years in a senior managerial role (preferably in the manufacturing or construction chemicals industry).

• Skills:

  • Strong knowledge of accounting principles, financial modeling, and forecasting.

  • Experience with financial software (Tally, SAP, ERP).

  • Good understanding of tax laws, auditing, and compliance.

  • Leadership and team management skills.

  • Strong analytical and problem-solving skills.

• Key Attributes:

  • Attention to detail.

  • Ability to work under pressure and meet deadlines.

Desired Profile / Criteria / Skills :

C.A/MBA with 8-12 years in manufacturing large set up