Group Head Accounts and Finance

Manpowergroup Services India; Jamnagar; On-site; INR 3,500,000 - 6,000,000; Full time

Job summary

Marvel Decor Ltd. in Jamnagar seeks a Group Head Finance and Accounts to lead the finance function in a manufacturing environment. You will own cash flow, working capital, budgeting, financial reporting and governance, coordinating with operations and ERP.

Qualified CA preferred; strong cost control, pricing and profitability analysis required; lead a high-performing finance team.

Qualifications

• CA Prefer
• Industry - Manufacturing Expereince Prefer

Responsibilities

• Cash flow, collections and working capital management with 13-week forecast and liquidity visibility.
• Own receivables ageing, customer credit review, collection escalation and payment-term controls.
• Monitor supplier payments, borrowing utilization, inventory and project cash requirements.
• Publish salesperson-wise revenue, contribution, salary/incentive/travel costs and collection performance.
• Measure customer-wise and dealer/project channel profitability, discounts, credit risk and cost to serve.
• Support commercial leaders in revising low-return customer terms and improving sales productivity.
• Create order-wise and project-wise costing from quotation through completion, including acquisition, sourcing, production, measurement, installation and warranty costs.
• Track committed costs, change orders, milestone billing, retention, forecast margin at completion and cash exposure.
• Evaluate low-value orders using incremental contribution as well as fully allocated profitability; avoid arbitrary fixed-cost decisions.
• Track survey visits, travel, installation labor, subcontracting, repeat visits, rework and after-sales service by project and customer.
• Compare quoted or recovered service charges with actual cost; work with Operations on productivity and service pricing.
• Analyze purchase price variances, logistics, inventory ageing, stock reconciliation, material usage and production variances.
• Develop department-wise budgets for Sales, Marketing, Sourcing, Operations, Manufacturing, R&D and Administration.
• Separate variable, avoidable and fixed costs; identify cost-saving opportunities without compromising quality or customer commitments.
• Deliver monthly consolidated P&L, balance sheet, cash-flow statement, EBITDA bridge and budget-versus-actual analysis.
• Build a consistent profitability methodology and reconcile order/project/customer reporting to group financial statements.
• Prepare annual budgets, rolling forecasts, capex assessments, and financial models for growth and leadership investment.
• Manage lender relationships, facilities, interest costs, guarantees and relevant covenants.
• Oversee Indian GST, TDS, income tax, audits and applicable listed-company reporting in coordination with the company secretary and advisers.

Skills

Cash flow management

Financial analysis

Budgeting

ERP

Leadership

Cost control

Education

Chartered Accountant (CA)

Tools

ERP system

Job description

Position - Group Head Finance and Accounts

Location - Jamnagar

Industry - Manufacturing Expereince Prefer

CA Prefer

Key responsibilities

1. Cash flow, collections and working capital

• Maintain a rolling 13-week cash-flow forecast, updated weekly, and daily liquidity visibility.
• Own receivables ageing, customer credit review, collection escalation and payment-term controls with

Sales.

• Monitor supplier payments, borrowing utilization, inventory and project cash requirements; flag shortfalls

early.

2. Salesperson, customer and channel profitability

• Publish salesperson-wise revenue, contribution, salary/incentive/travel costs and collection performance,

with suitable project-lifecycle views.

• Measure customer-wise and dealer/project channel profitability, discounts, credit risk and cost to serve.
• Support commercial leaders in revising low-return customer terms and improving sales productivity.

3. Project and order economics

• Create order-wise and project-wise costing from quotation through completion, including acquisition,

sourcing, production, measurement, installation and warranty costs.

• Track committed costs, change orders, milestone billing, retention, forecast margin at completion and

cash exposure.

• Evaluate low-value orders using incremental contribution as well as fully allocated profitability; avoid

arbitrary fixed-cost decisions.

4. Measurement, installation and service costs

• Track survey visits, travel, installation labor, subcontracting, repeat visits, rework and after-sales service by

project and customer.

Marvel Decor Ltd. | Confidential recruitment draft

• Compare quoted or recovered service charges with actual cost; work with Operations on productivity and

service pricing.

5. Sourcing, manufacturing and overhead controls

• Analyze purchase price variances, logistics, inventory ageing, stock reconciliation, material usage and

production variances.

• Develop department-wise budgets for Sales, Marketing, Sourcing, Operations, Manufacturing, R&D and

Administration.

• Separate variable, avoidable and fixed costs; identify cost-saving opportunities without compromising

quality or customer commitments.

6. Financial reporting, budgeting and strategic analysis

• Deliver monthly consolidated P&L, balance sheet, cash-flow statement, EBITDA bridge and budget-versusactual analysis.
• Build a consistent profitability methodology and reconcile order/project/customer reporting to group

financial statements.

• Prepare annual budgets, rolling forecasts, capex assessments, and financial models for growth and

leadership investment.

7. Banking, statutory compliance and governance

• Manage lender relationships, facilities, interest costs, guarantees and relevant covenants.
• Oversee Indian GST, TDS, income tax, audits and applicable listed-company reporting in coordination with

the company secretary and advisers.

• Coordinate UAE VAT, corporate tax, cross-border reporting and intercompany reconciliations with local

professionals.

8. Finance team, controls and ERP

• Lead Jamnagar finance and coordinate international finance; define responsibilities and build second-line

capability.

• Specify finance requirements for the in-house ERP, including project costing, inventory, receivables and

management dashboards.

• Implement approval limits, segregation of duties, reconciliations and documented financial policies.

Required management reports

Daily: cash position and material exceptions. Weekly: 13-week cash forecast, overdue collections and major

project cash exposure. Monthly: consolidated financials, salesperson/customer/project/order profitability,

installation and measurement costs, inventory ageing, departmental budgets and corrective actions. Quarterly:

forecast, financing and risk review.