Head Finance Accounting

Head of Accounts & Finance

Company: Jay Precision Products India Pvt. Ltd.
Location: Kandivali, Mumbai
Interested candidates may share their updated resume at: [email removed]
Contact: Manoj Chaurasia HR Manager | [phone removed]

Head of Finance Key Responsibilities

Financial reporting and management accounts

• Ownership of the monthly management accounts process — producing accurate P&L, balance sheet, and cash flow statements within agreed deadlines and presenting these to the leadership team or board
• Reviewing balance sheet reconciliations monthly to ensure the balance sheet is clean, properly supported, and free of errors
• Ownership of the monthly management
• Ownership of the monthly management of direct and indirect tax matters
• Managing the year-end statutory accounts process — coordinating with the external auditors or accountants, preparing supporting schedules, and ensuring accounts are filed as per statutory requirement
• Ensuring the business’s financial records are maintained accurately and in compliance with regulatory requirements
• Producing consolidated accounts where the business operates across multiple legal entities
• Leading the annual budget and business planning process — coordinating with department heads, consolidating inputs, challenging assumptions, and producing a budget that is both realistic and challenging
• Maintaining a rolling twelve-month cash flow forecast and communicating the cash position and liquidity outlook to the Management
• Providing financial analysis and modelling to support commercial decisions including pricing, investment appraisal, new hires, geographic expansion, and product or service launches
• Leading or supporting the FP&A activities of the business — producing revenue and margin analysis, department-level cost analysis, and financial performance reporting
• Managing the external audit process — acting as the principal contact for auditors, providing supporting documentation, and managing the audit to completion within the agreed timetable
• Managing the business’s cash position — monitoring balances
• Managing debtor collections — overseeing the aged debtor ledger, chasing overdue receivables, and working with commercial teams to resolve disputes
• Managing creditor payments — ensuring suppliers are paid within agreed terms and managing any payment disputes or renegotiations
• Managing banking relationships at an operational level — maintaining facilities, managing bank mandates, and escalating strategic banking matters

Strategic and commercial finance

• Acting as the financial business partner to the Management — translating financial data into commercial insight and supporting key business decisions with robust financial analysis
• Identifying opportunities to improve margin, reduce costs, and improve the efficiency of the business’s financial operations

Finance team management

• Managing the day-to-day activities of the finance team — including Financial Controllers, Finance Managers, Management Accountants, and junior finance staff as applicable
• Reviewing and signing off the work of the finance team before it is used for management reporting or external purposes
• Recruiting, developing, and retaining finance team members — including managing performance, providing training and mentoring, and building a high-quality finance function for the future
• Implementing and improving finance systems and processes — accounting software, ERP systems, and financial reporting tools — to improve efficiency, accuracy, and scalability

Head of Finance Person Specification

Essential qualifications

CA / CMA / MBA

Essential experience and competencies

• Hands-on experience of producing accurate monthly management accounts within tight deadlines
• Hands-on experience of Handling team of 15-20 team members
• Experience of leading an annual budget process and maintaining rolling forecasts
• Experience of implementing and maintaining financial controls and compliance in a business of comparable size
• Proven experience of managing, developing, and mentoring a finance team
• Strong ability to communicate financial information clearly to non-finance audiences including CEOs, boards, and investors
• Proficiency in accounting platform ( Tally / SAP B1 )