Finance Head

Candor Textiles Pvt. Ltd.; Indore District; Presencial; INR 1.500.000 - 2.300.000; Jornada completa

Descripción de la vacante

Candor Textiles Pvt. Ltd. in Indore district, Madhya Pradesh, seeks a seasoned finance leader to drive corporate planning, budgeting, accounting and reporting.

You will own long‑term financial planning, oversee statutory filings, and strengthen governance across manufacturing, exports and retail segments. You will lead a team, deliver insightful MIS and dashboards, and coordinate with senior management to enable strategic decisions and capital deployment.

Responsabilidades

• Develop and own 3 to 5 year corporate financial plan covering growth strategy, capital allocation, funding requirements and return benchmarks.
• Prepare annual operating budgets and rolling forecasts; conduct scenario planning, sensitivity analysis and downside-risk assessments.
• Provide financial analysis and recommendations to the CFO / CEO / Management for strategic and operational decisions.
• Oversee the accounts team and ensure accurate accounting, book-keeping and maintenance of financial records.
• Ensure timely monthly, quarterly and annual financial closures and review the accuracy and integrity of financial statements.
• Design and maintain a scalable chart of accounts suitable for manufacturing, exports and retail operations.
• Review product / division costing, contribution margins and profitability.
• Prepare and submit monthly financial reports and management MIS with meaningful analysis and recommendations.
• Ensure monthly P&L, Balance Sheet and Cash Flow reporting, including segment-wise and division-wise profitability.
• Monitor budget versus actual performance, explain variances and drive corrective actions with the relevant business teams.
• Develop management dashboards, capex tracking reports and approval-monitoring formats.
• Analyse division-wise capacity utilisation, inventory cycles and operational performance.
• Evaluate capital expenditure proposals for machinery, land, buildings and other expansion requirements.
• Develop costing models and analyse production, procurement and delivery costs to identify efficiency improvements.
• Assess store-level feasibility and unit economics, including break-even, payback period and ROI.
• Evaluate funding requirements and financial viability of manufacturing and retail expansion initiatives.
• Own cash-flow planning, liquidity management and working‑capital optimisation.
• Monitor receivables, inventory and payables; track the cash conversion cycle and recommend improvement measures.
• Oversee vendor payments based on business priorities and ensure disciplined payment and recovery processes.
• Coordinate with the Business Development and other teams to track and improve collections and recoveries.
• Support banking relationships, lender communication and compliance with financing covenants.
• Oversee banking documentation and transactions relating to exports and imports.
• Ensure proper utilisation and documentation of EPC / export‑related banking facilities and benefits, as applicable.
• Review foreign‑exchange exposure and develop risk‑benefit analysis and strategies for forex transactions.
• Ensure timely and accurate preparation and filing of GST, TDS, Income Tax and other applicable statutory returns.
• Maintain a compliance calendar and monitor statutory and regulatory requirements.
• Coordinate internal and external audits, close audit observations and implement corrective and preventive actions.
• Ensure audit readiness, timely availability of records and zero recurrence of material audit observations.
• Establish and strengthen financial governance, processes and internal control systems.
• Develop, document and oversee SOPs for revenue, procurement, inventory, capex, expenses, payments and related‑party transactions.
• Implement and monitor Internal Financial Controls (IFC) and support / oversee internal audits.
• Ensure physical verification and reconciliation of stock and fixed assets, with updated records.
• Maintain organised, accurate and accessible documentation in line with statutory and internal requirements.
• Lead Ind AS diagnostic and migration planning and support preparation of restated financial statements.
• Ensure financial statements are audit‑ready and aligned with applicable reporting requirements.
• Maintain PE / IPO data‑room readiness and coordinate information required for due diligence.
• Support onboarding and coordination with merchant bankers, consultants, auditors and other external advisors.
• Lead, guide and develop the finance and accounts team, including the senior manager accounts.
• Set clear responsibilities, review performance and build a culture of accountability and continuous improvement.
• Provide coaching and professional development opportunities and ensure effective coordination with business functions.

Descripción del empleo

Key Responsibilities

1. Corporate Planning & Strategic Finance

• Develop and own a 3 to 5 year corporate financial plan covering growth strategy, capital allocation, funding requirements and return benchmarks.
• Prepare annual operating budgets and rolling forecasts; conduct scenario planning, sensitivity analysis and downside-risk assessments.
• Provide financial analysis and recommendations to the CFO / CEO / Management for strategic and operational decisions.

2. Financial Accounting, Closing & Reporting

• Oversee the accounts team and ensure accurate accounting, book-keeping and maintenance of financial records.
• Ensure timely monthly, quarterly and annual financial closures and review the accuracy and integrity of financial statements.
• Design and maintain a scalable chart of accounts suitable for manufacturing, exports and retail operations.
• Review product / division costing, contribution margins and profitability.

3. MIS, Budgeting & Performance Analysis

• Prepare and submit monthly financial reports and management MIS with meaningful analysis and recommendations.
• Ensure monthly P&L, Balance Sheet and Cash Flow reporting, including segment-wise and division-wise profitability.
• Monitor budget versus actual performance, explain variances and drive corrective actions with the relevant business teams.
• Develop management dashboards, capex tracking reports and approval-monitoring formats.

4. Manufacturing, Retail Expansion & Commercial Analysis

• Analyse division-wise capacity utilisation, inventory cycles and operational performance.
• Evaluate capital expenditure proposals for machinery, land, buildings and other expansion requirements.
• Develop costing models and analyse production, procurement and delivery costs to identify efficiency improvements.
• Assess store-level feasibility and unit economics, including break-even, payback period and ROI.
• Evaluate funding requirements and financial viability of manufacturing and retail expansion initiatives.

5. Working Capital, Cash Flow & Treasury

• Own cash-flow planning, liquidity management and working‑capital optimisation.
• Monitor receivables, inventory and payables; track the cash conversion cycle and recommend improvement measures.
• Oversee vendor payments based on business priorities and ensure disciplined payment and recovery processes.
• Coordinate with the Business Development and other teams to track and improve collections and recoveries.
• Support banking relationships, lender communication and compliance with financing covenants.

6. Banking, Exports, Imports & Foreign Exchange

• Oversee banking documentation and transactions relating to exports and imports.
• Ensure proper utilisation and documentation of EPC / export‑related banking facilities and benefits, as applicable.
• Review foreign‑exchange exposure and develop risk‑benefit analysis and strategies for forex transactions.

7. Statutory Compliance, Audit & Taxation

• Ensure timely and accurate preparation and filing of GST, TDS, Income Tax and other applicable statutory returns.
• Maintain a compliance calendar and monitor statutory and regulatory requirements.
• Coordinate internal and external audits, close audit observations and implement corrective and preventive actions.
• Ensure audit readiness, timely availability of records and zero recurrence of material audit observations.

8. Governance, SOPs, Internal Controls & Documentation

• Establish and strengthen financial governance, processes and internal control systems.
• Develop, document and oversee SOPs for revenue, procurement, inventory, capex, expenses, payments and related‑party transactions.
• Implement and monitor Internal Financial Controls (IFC) and support / oversee internal audits.
• Ensure physical verification and reconciliation of stock and fixed assets, with updated records.
• Maintain organised, accurate and accessible documentation in line with statutory and internal requirements.

9. PE / IPO Readiness & Financial Structuring

• Lead Ind AS diagnostic and migration planning and support preparation of restated financial statements.
• Ensure financial statements are audit‑ready and aligned with applicable reporting requirements.
• Maintain PE / IPO data‑room readiness and coordinate information required for due diligence.
• Support onboarding and coordination with merchant bankers, consultants, auditors and other external advisors.

10. Team Leadership

• Lead, guide and develop the finance and accounts team, including the senior manager accounts.
• Set clear responsibilities, review performance and build a culture of accountability and continuous improvement.
• Provide coaching and professional development opportunities and ensure effective coordination with business functions.

Key Deliverables

• 3–5 year corporate financial plan and annual operating budgets / rolling forecasts.
• Timely monthly financial closure, MIS packs and management dashboards.
• Division-wise profitability, costing, capacity utilisation and inventory analysis.
• Expansion feasibility and capex models supported by ROI, payback and risk analysis.
• Working‑capital, cash‑flow and treasury reports with action plans.
• Updated compliance calendar, audit closure tracker, SOPs and IFC documentation.

Ind AS migration plan, restated financials and PE / IPO data-room readiness