General Manager Finance

Karamtara Engineering; Mumbai; On-site; INR 4,000,000 - 9,000,000; Full time

Job summary

Karamtara Engineering Limited invites an accomplished financial leader to head its overseas subsidiaries' financial management. The role focuses on governance, IFRS/IND AS compliance, consolidation, budgeting, and strategic planning across global operations.

You will drive treasury, transfer pricing, and cross-border finance, partnering with country management to boost profitability, ensure regulatory compliance, and strengthen controls across geographies.

Qualifications

• CA mandatory; CFA or MBA Finance preferred.
• 15–20+ years in Corporate/Global Finance.
• Experience managing foreign subsidiaries and cross-border transactions.
• Strong knowledge of IND AS, IFRS, FEMA, transfer pricing, and treasury.

Responsibilities

• Lead finance function for overseas subsidiaries and international entities.
• Drive consolidation, budgeting, forecasting, and performance analysis.
• Ensure compliance with local statutory regs, IFRS/IND AS, and tax rules.
• Oversee inter‑company transactions, transfer pricing, and cross-border finance.
• Manage treasury, FX exposure, working capital, and cash flow planning.
• Coordinate with auditors, tax advisors, banks, and regulators.
• Support overseas expansion, acquisitions, and restructurings.
• Present financials to Board and senior leadership; strengthen controls.
• Partner with country heads to drive profitability and efficiency.

Skills

Chartered Accountant

Global Finance

Leadership

Stakeholder Management

Education

CA

MBA Finance

CFA (preferred)

Tools

IFRS

IND AS

Transfer Pricing

Job description

Karamtara Engineering Limited is one of India's leading manufacturers of Transmission Line Towers, Solar Module Mounting Structures (MMS), Tracker Components, Fasteners, Structural Steel, and Engineering Products. With manufacturing facilities across India and international operations, the company serves customers across North America, Europe, the Middle East, Africa, and Asia.

Job Purpose

To lead and oversee the financial management, governance, compliance, reporting, and strategic financial planning of Karamtara Engineering's overseas subsidiaries. The role will ensure robust financial controls, regulatory compliance, business performance monitoring, and alignment of subsidiary operations with the Group's global objectives.

Key Responsibilities

• Lead the finance function for all overseas subsidiaries and international business entities.
• Drive financial reporting, consolidation, budgeting, forecasting, and performance analysis across global operations.
• Ensure compliance with local statutory regulations, IFRS, taxation requirements, and corporate governance standards.
• Oversee inter-company transactions, reconciliations, transfer pricing, and cross-border financial arrangements.
• Manage treasury operations, foreign exchange exposure, working capital, and cash flow planning for overseas entities.
• Coordinate with international auditors, tax consultants, legal advisors, banks, and regulatory authorities.
• Support strategic initiatives including overseas expansion, acquisitions, joint ventures, and restructuring activities.
• Review subsidiary financial performance and provide actionable insights to senior management.
• Ensure compliance with FEMA, RBI guidelines, international taxation regulations, and group policies.
• Develop and strengthen financial controls, risk management frameworks, and governance processes across subsidiaries. Present financial and operational performance reports to the Board, Directors, and senior leadership team.
• Partner with business heads and country management teams to drive profitability and operational efficiency.
• Lead and mentor finance teams across multiple geographies.

Desired Candidate Profile

• Chartered Accountant (CA) mandatory; additional qualifications such as CFA or MBA Finance preferred.
• 15–20+ years of experience in Corporate Finance, Global Finance, or International Business Finance.
• Proven experience managing foreign subsidiaries, international accounting, and cross-border transactions.
• Strong knowledge of IND AS, IFRS, FEMA, transfer pricing, international taxation, and treasury management.
• Experience in manufacturing, engineering, infrastructure, steel, renewable energy, or multinational organizations preferred.
• Strong leadership, stakeholder management, and strategic planning capabilities.