Finance Head

Pandrol Welding & Equipment India Pvt.Ltd.; Bhilai, Bilaspur District, Raipur; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

Pandrol Welding & Equipment India Pvt.Ltd. is seeking an experienced Finance Leader to own the accounting close, IFRS reporting and internal controls for a manufacturing plant in Bhilai.

The role partners with Plant Management, Production and Sales to drive financial insights, manage working capital, and lead a local finance team with a hands-on approach.

Qualifications

• 10–15 years of relevant experience with manufacturing and plant controlling.
• Strong background in accounting, month-end closing, statutory compliance, internal controls and working capital management.
• Good understanding of IFRS, Group requirements and local statutory requirements.
• Good understanding of costing, inventory and operational performance drivers.

Responsibilities

• Own monthly, quarterly and annual financial closing and ensure accuracy of accounts.
• Prepare local, Group and IFRS reporting; coordinate IFRS adjustments and reconciliations.
• Coordinate statutory audits and manage external auditors; ensure compliance with regulations.
• Design and maintain internal controls over inventory, costing, procurement, payments and O2C.
• Drive remediation plans for audit findings and promote a strong compliance culture.
• Analyze manufacturing costs, margins, variances, productivity, overhead and inventory movements.
• Partner with Plant Management, Production, Procurement and Sales; translate issues into financial actions.
• Own cash flow forecasting; monitor receivables, inventory and payables; oversee treasury controls.
• Lead and develop the local finance team with a hands-on, accountable approach.

Skills

MS Office

Microsoft Dynamics

Leadership

Communication

Education

CA / CMA / MBA Finance

Tools

Microsoft Dynamics ERP

Job description

Role & responsibilities

1. Financial Accounting, Statutory & IFRS Reporting

• Own monthly, quarterly and annual financial closing.
• Ensure accuracy, completeness and reliability of financial accounts.
• Prepare local, Group and IFRS reporting.
• Ensure IFRS adjustments and reconciliations between local and Group accounts.
• Coordinate statutory audits and manage external auditors.
• Ensure compliance with local regulations and Group accounting policies.

2. Internal Control, Audit & Risk Management

• Design and maintain robust internal controls over inventory, costing, procurement, payments, segregation of duties and Order-to-Cash.
• Drive remediation plans for audit findings.
• Act as key finance counterpart for audits and compliance reviews.
• Promote a strong control and compliance culture.

3. Operations Finance & Business Partnering

• Analyse manufacturing costs, margins, variances, scrap, productivity, overhead absorption and inventory movements.
• Partner with and challenge Plant Management, Production, Procurement and Sales to identify risks and drive actions.
• Provide input on pricing, commercial conditions, profitability, capex and investment reviews.
• Translate operational issues into financial impacts and clear recommendations.

4. Cash Flow, Working Capital & Treasury

• Own cash flow forecasting and monitor receivables, inventory and payables.
• Ensure strong controls over cash collection, credit exposure and treasury compliance.

5. Team Leadership

• Manage and develop the local finance team.
• Maintain a hands-on approach while enabling team autonomy, accountability and continuity.

Experience

• 10-15 years of relevant experience, including significant exposure to manufacturing and plant controlling?
• Strong background in accounting, month-end closing, statutory compliance, internal controls and working capital management.
• Good understanding of IFRS, Group requirements and local statutory requirements.
• Good understanding of costing, inventory and operational performance drivers.

Skills

• Proficiency with Microsoft Office applications, experience with Microsoft Dynamics as ERP will be a strong plus
• Ability to work hands-on while leading and developing a local finance team.
• Strong communication skills, with the ability to challenge operations constructively and drive actions.

Education

CA / CMA / MBA Finance or equivalent qualification preferred

Preferred candidate profile

Candidates with relevant experience in the manufacturing industry are preferred.