General Manager - Finance & Accounts

Job Description:

Key Responsibilities

Financial Management and Reporting

• Oversee complete accounting and finance operations across the organisation
• Prepare and present monthly, quarterly, and annual financial statements
• Monitor cash flow, fund flow, and working capital on an ongoing basis
• Conduct variance analysis and ensure accurate and timely MIS reporting to senior management
• Implement standard costing per product and per batch
• Budgeting and Cost Control
• Prepare annual budgets and monitor utilisation across all departments
• Analyse production costs, raw material costs, utility costs, and operational expenses
• Identify and drive cost reduction and profitability improvement initiatives
• Ensure accurate fixed asset accounting and capital expenditure tracking

Banking and Commercial Finance

• Serve as the primary finance interface with banking partners across nationalised and private banks
• Manage working capital limits, term loans, letters of credit, bank guarantees, and related documentation
• Lead coordination for structured finance and project finance requirements
• Review commercial contracts and payment terms
• Monitor debtor collections and vendor payment cycles

Taxation and Statutory Compliance

• Ensure full compliance with GST, TDS, Income Tax, PF, ESIC, and Companies Act
• Build and maintain an organisation-wide compliance calendar
• Coordinate with external auditors, CA firms, consultants, and government authorities
• Handle assessments, notices, and statutory filings in a timely and proactive manner

US Subsidiary Finance Operations

• Manage financial operations of the US subsidiary including inter-company transactions and reconciliations
• Coordinate with the US CPA for Delaware and state-level compliance requirements
• Define and implement inter-company transaction policy between the India entity and the US subsidiary
• Oversee US banking operations, payment processes, and expense policies

Plant and Inventory Finance

• Monitor inventory valuation, stock verification, and material reconciliation
• Control wastage, consumption variance, and production costing
• Coordinate with Stores, Purchase, Production, and Dispatch on finance-related matters
• Audit and Internal Controls
• Lead internal, statutory, tax, and cost audits
• Develop and strengthen internal control systems and SOPs across all finance processes
• Implement payment authorisation frameworks and approval hierarchies
• Ensure compliance with company policies and financial procedures at all times

Systems and Process Building

• Design and implement finance processes, workflows, and controls from the ground up
• Standardise and document all finance operations including payments, collections, reconciliation, and statutory filings
• Build a finance function that operates on robust systems and processes rather than on individuals
• Drive discipline and accountability across the finance team through structured processes

Team Management

• Lead and develop a team of 3 to 4 finance and accounts professionals
• Conduct performance monitoring, training, and capability development within the team
• Coordinate effectively with plant management, department heads, and the corporate office

Qualifications and Experience

• CA / CMA / MBA Finance / M.Com
• 15 to 20 years of experience in finance and accounts
• Minimum 5 years in a senior finance leadership role
• Manufacturing industry background strongly preferred, specifically chemical, specialty chemical, pharma, or process industry
• Demonstrated experience managing banking relationships personally
• Prior experience in an MSME or growth-stage business that was actively building systems and processes will be viewed favourably
• Exposure to inter-company transactions, subsidiary management, or international finance operations is an advantage

Required Skills

• Strong working knowledge of GST, TDS, Income Tax, and Companies Act
• Experience building finance systems, processes, and internal controls in a manufacturing environment
• Standard costing and batch-level manufacturing finance expertise
• Strong analytical, leadership, and communication skills
• Ability to operate effectively in a fast-paced, evolving environment with high ownership expectations