Manager-Finance&Accounts

Finance Function Setup (Greenfield Phase)

• Set up end-to-end finance & accounts systems for the greenfield project.
• Aligning local chart of accounts & cost centers with Groups structure.
• Implement ERP / accounting systems (SAP / Pro-Alpha / Tally).
• Establish SOPs for accounting, controls, approvals, and documentation.

Project Accounting &; Cost Control

• Monitor project CAPEX, including buildings, plant & machinery, utilities, and infrastructure.
• Track project costs against approved budgets and report variances.
• Implement cost control mechanisms for fabrication, utilities, manpower, and overheads.
• Capitalize assets and manage CWIP during project execution.

Financial Planning & Budgeting

• Prepare annual budgets, forecasts, and cash flow projections.
• Support ECB funding from parent company and working capital assessments.
• Analyze production costs (pipes, elbows, fittings, fabrication jobs).
• Provide MIS reports for management.

Accounting, Reporting &MIS

• Ensure timely closure of monthly, quarterly, and annual accounts.
• Prepare financial statements in compliance with statutory and accounting standards.
• Develop plant-level MIS including:
• Cost per ton / meter emphasize
• Contribution margins
• Inventory valuation
• Debtors, creditors, and working capital analysis
• Support consolidation with corporate finance team.

Statutory Compliance, Taxation & Export

• Ensure compliance with:
• GST (returns, reconciliations, audits, timely GST Refunds for Export)
• Income Tax (TDS, advance tax, assessments)
• Companies Act, Factory Act, and other applicable laws
• Manage statutory audits, tax audits & Transfer Pricing
• Liaise with consultants, auditors, tax authorities, customs for Exports

Working Capital & Treasury Management

• Manage receivables, payables, and inventory.
• Monitor credit limits, customer advances, and LC / BG operations.
• Coordinate with banks for forex payment, ECB Documentation, etc
• Optimize cash flow during ramp-up and stabilization phase.

Inventory & Cost Accounting

• Oversee valuation and accounting of:
• Raw materials (pipes, elbows, plates, fittings)
• WIP and fabricated items
• Consumables and spares
• Ensure accurate reconciliation between finance, stores, and production.
• Implement standard costing and variance analysis.

Internal Controls & Risk Management

• Implement strong internal financial controls and approval matrices.
• Ensure segregation of duties and audit readiness.
• Identify financial risks and recommend mitigation measures.
• Support corporate governance and compliance requirements.

Team Leadership & Coordination

• Lead and develop the finance and accounts team.
• Coordinate with SCM, procurement, stores, production, projects, HR, and QA/QC.
• Provide financial insights to plant and project leadership.

QUALIFICATIONS & EXPERIENCE

Education:

• Chartered Accountant (CA) / Cost Accountant (CMA) preferred
• MBA (Finance) / M.Com may be considered with strong industrial experience

Experience:

• 8–10 years in finance & accounts in manufacturing / EPC / heavy engineering
• Experience in manufacturing, fabrication, steel, or infrastructure projects preferred

WORKING ENVIRONMENT

Skills & Competencies

• Strong knowledge of accounting and manufacturing costing
• ERP/SAP Finance exposure
• Statutory compliance and taxation expertise
• Analytical and problem-solving skills
• Leadership and cross-functional coordination
• Strong communication with senior management and auditors

Key Performance Indicators (KPIs)

• Budget adherence and cost variance control
• Timely financial closures and reporting
• Statutory compliance with zero penalties
• Working capital efficiency
• Accuracy of inventory and cost data
• Audit observations closure

Interested candidate share your resume to [email protected]