Group Head Accounts and Finance

Position - Group Head Finance and Accounts

Location - Jamnagar

Industry - Manufacturing Expereince Prefer

CA Prefer

Key responsibilities

1. Cash flow, collections and working capital

• Maintain a rolling 13-week cash-flow forecast, updated weekly, and daily liquidity visibility.
• Own receivables ageing, customer credit review, collection escalation and payment-term controls with

Sales.

• Monitor supplier payments, borrowing utilization, inventory and project cash requirements; flag shortfalls

early.

2. Salesperson, customer and channel profitability

• Publish salesperson-wise revenue, contribution, salary/incentive/travel costs and collection performance,

with suitable project-lifecycle views.

• Measure customer-wise and dealer/project channel profitability, discounts, credit risk and cost to serve.
• Support commercial leaders in revising low-return customer terms and improving sales productivity.

3. Project and order economics

• Create order-wise and project-wise costing from quotation through completion, including acquisition,

sourcing, production, measurement, installation and warranty costs.

• Track committed costs, change orders, milestone billing, retention, forecast margin at completion and

cash exposure.

• Evaluate low-value orders using incremental contribution as well as fully allocated profitability; avoid

arbitrary fixed-cost decisions.

4. Measurement, installation and service costs

• Track survey visits, travel, installation labor, subcontracting, repeat visits, rework and after-sales service by

project and customer.

Marvel Decor Ltd. | Confidential recruitment draft

• Compare quoted or recovered service charges with actual cost; work with Operations on productivity and

service pricing.

5. Sourcing, manufacturing and overhead controls

• Analyze purchase price variances, logistics, inventory ageing, stock reconciliation, material usage and

production variances.

• Develop department-wise budgets for Sales, Marketing, Sourcing, Operations, Manufacturing, R&D and

Administration.

• Separate variable, avoidable and fixed costs; identify cost-saving opportunities without compromising

quality or customer commitments.

6. Financial reporting, budgeting and strategic analysis

• Deliver monthly consolidated P&L, balance sheet, cash-flow statement, EBITDA bridge and budget-versusactual analysis.
• Build a consistent profitability methodology and reconcile order/project/customer reporting to group

financial statements.

• Prepare annual budgets, rolling forecasts, capex assessments, and financial models for growth and

leadership investment.

7. Banking, statutory compliance and governance

• Manage lender relationships, facilities, interest costs, guarantees and relevant covenants.
• Oversee Indian GST, TDS, income tax, audits and applicable listed-company reporting in coordination with

the company secretary and advisers.

• Coordinate UAE VAT, corporate tax, cross-border reporting and intercompany reconciliations with local

professionals.

8. Finance team, controls and ERP

• Lead Jamnagar finance and coordinate international finance; define responsibilities and build second-line

capability.

• Specify finance requirements for the in-house ERP, including project costing, inventory, receivables and

management dashboards.

• Implement approval limits, segregation of duties, reconciliations and documented financial policies.

Required management reports

Daily: cash position and material exceptions. Weekly: 13-week cash forecast, overdue collections and major

project cash exposure. Monthly: consolidated financials, salesperson/customer/project/order profitability,

installation and measurement costs, inventory ageing, departmental budgets and corrective actions. Quarterly:

forecast, financing and risk review.