GM - Accounts & Finance

Karmen International; Chennai District; On-site; INR 5,000,000 - 8,000,000; Full time

Job summary

Karmen International in Tamil Nadu seeks a General Manager Finance & Accounts to lead the finance function, drive strategic financial performance, controls, and compliance across multi-plant manufacturing.

Reporting to the Managing Director/Chairman, this role will build ERP and digital finance processes, manage budgeting, treasury, costing, and audits, with a potential path to a Group CFO position.

Qualifications

• CA (mandatory) with strong experience in manufacturing finance.
• 15–20 years of progressive finance experience in manufacturing industries.
• Minimum 5 years in senior finance leadership such as CFO or Head of Finance.
• Exposure to automotive components, discrete manufacturing, foundry, or export-oriented manufacturing.

Responsibilities

• Strategic finance & business partnering to support growth and profitability.
• Lead budgeting, forecasting, and long-range financial planning; establish robust MIS.
• Oversee product costing, inventory valuation, and manufacturing cost control.

Skills

Accounting & reporting

Cost accounting

Treasury & working capital

ERP implementation

Finance automation

Excel advanced

Education

Chartered Accountant (CA)

CMA (advantage)

Tools

ERP systems

Job description

Location: Thirumazhisai / Thiruporur

Reporting To: Managing Director / Chairman

Position Summary

The General Manager Finance & Accounts will serve as the senior finance leader for the Company, providing strategic and operational financial leadership to support profitable growth, financial discipline, and long-term value creation. The incumbent will engage with the Chairman, Managing Director and business leaders to drive financial performance, strengthen controls, ensure statutory compliance, and establish world-class finance processes and systems. This role offers a potential career path to a future Group CFO position.

Key Responsibilities

Strategic Finance & Business Partnering

• Support business strategy, investment evaluations, and profitability improvement initiatives.
• Drive financial discipline and support expansion and growth initiatives.

Financial Planning, Reporting & MIS

• Lead budgeting, forecasting, and long-range financial planning processes.
• Establish robust MIS and performance reporting systems.
• Ensure timely closure of accounts and preparation of financial statements.

Manufacturing Finance & Cost Management

• Oversee product costing, inventory valuation, and manufacturing cost control.
• Drive cost optimization initiatives through variance analysis and operational improvements.
• Engage with plant leadership to improve profitability across multi-plant operations.

Treasury & Working Capital Management

• Manage cash flow, liquidity, banking relationships, and treasury operations.
• Optimize working capital through effective management of receivables, inventory, and payables.

Compliance, Governance & Risk Management

• Ensure compliance with all direct and indirect tax regulations and statutory requirements.
• Manage statutory, internal, cost, and tax audits.
• Strengthen internal controls, SOPs, governance mechanisms, and risk management practices.

ERP & Digital Transformation

• Drive ERP implementation, finance process automation, and digital transformation initiatives.
• Develop dashboards and management reporting tools to improve business decision-making.

Leadership

• Build and develop a high-performing finance team and foster cross-functional collaboration.
• Drive a culture of accountability, transparency, and continuous improvement.

Key Performance Indicators (KPIs)

• Timely closure of accounts and accurate MIS reporting
• Working capital and cash flow improvement
• Budget adherence and forecasting accuracy
• Cost reduction and profitability enhancement
• Zero material statutory non-compliance
• Successful audit closure and strengthened internal controls
• ERP utilization and process digitization

Candidate Profile

Education

• Chartered Accountant (CA) Mandatory
• Additional qualifications such as CMA will be an added advantage.

Experience

• 15 to 20 years of progressive finance experience in manufacturing industries.
• Minimum 5 years in a senior finance leadership role such as CFO, Head of Finance, Finance Controller, or General Manager Finance.
• Mandatory experience in automotive components, discrete manufacturing, foundry, industrial products, or export-oriented manufacturing businesses.
• Strong exposure to multi-plant manufacturing environments.

Technical Competencies

• Strong expertise in accounting, financial reporting, consolidation, and manufacturing finance.
• Deep understanding of cost accounting, taxation, treasury, and working capital management.
• Hands-on experience in ERP implementation and finance process transformation.
• Advanced Microsoft Excel skills and strong digital orientation.
• Exposure to Artificial Intelligence tools and modern finance technologies is highly desirable.

Travel Requirements

Regular travel between manufacturing plants and other business locations within Chennai and Coimbatore is required.