Head Finance Accounting

Jay Precision Products; Mumbai; On-site; INR 3,500,000 - 5,500,000; Full time

Job summary

Jay Precision Products India Pvt. Ltd. in Kandivali, Mumbai, seeks a Head of Accounts & Finance to lead financial reporting, budgeting, taxation, and FP&A for the group. You will manage a finance team, drive accuracy in month‑end closes, and ensure statutory compliance across multiple entities.

The role requires hands-on leadership, strong communication to CEOs and boards, and collaboration with auditors and banks. A CA/CMA/MBA with experience in ERP systems is essential.

Qualifications

• Hands-on experience of producing accurate monthly management accounts within tight deadlines.
• Experience of leading a team of 15-20 finance staff.
• Experience of leading an annual budget process and maintaining rolling forecasts.
• Experience of implementing and maintaining financial controls and compliance in a business of comparable size.
• Proven experience of managing, developing, and mentoring a finance team.
• Strong ability to communicate financial information clearly to non-finance audiences including CEOs, boards, and investors.
• Proficiency in accounting platform ( Tally / SAP B1 )

Responsibilities

• Own the monthly management accounts process including P&L, balance sheet, and cash flow.
• Review balance sheet reconciliations to ensure accuracy and completeness.
• Lead tax planning and compliance activities for direct and indirect taxes.
• Coordinate year-end statutory accounts with auditors and ensure timely filing.
• Maintain accurate financial records and regulatory compliance.
• Produce consolidated accounts for multi-entity operations.
• Lead budgeting, forecasting, and cash flow planning with department heads.
• Provide financial analysis to support pricing, investments, and commercial decisions.
• Oversee FP&A activities including revenue, margin analysis, and cost controls.
• Manage external auditors and banking relationships to ensure smooth operations.

Skills

Team management

Financial analysis

Budgeting & forecasting

Cash flow management

Communication with non-finance

Education

CA / CMA / MBA

Tools

Tally

SAP B1

Job description

Head of Accounts & Finance

Company: Jay Precision Products India Pvt. Ltd.
Location: Kandivali, Mumbai

Head of Finance Key Responsibilities

Financial reporting and management accounts

• Ownership of the monthly management accounts process — producing accurate P&L, balance sheet, and cash flow statements within agreed deadlines and presenting these to the leadership team or board
• Reviewing balance sheet reconciliations monthly to ensure the balance sheet is clean, properly supported, and free of errors
• Ownership of the monthly management
• Ownership of the monthly management of direct and indirect tax matters
• Managing the year-end statutory accounts process — coordinating with the external auditors or accountants, preparing supporting schedules, and ensuring accounts are filed as per statutory requirement
• Ensuring the business’s financial records are maintained accurately and in compliance with regulatory requirements
• Producing consolidated accounts where the business operates across multiple legal entities
• Leading the annual budget and business planning process — coordinating with department heads, consolidating inputs, challenging assumptions, and producing a budget that is both realistic and challenging
• Maintaining a rolling twelve-month cash flow forecast and communicating the cash position and liquidity outlook to the Management
• Providing financial analysis and modelling to support commercial decisions including pricing, investment appraisal, new hires, geographic expansion, and product or service launches
• Leading or supporting the FP&A activities of the business — producing revenue and margin analysis, department-level cost analysis, and financial performance reporting
• Managing the external audit process — acting as the principal contact for auditors, providing supporting documentation, and managing the audit to completion within the agreed timetable
• Managing the business’s cash position — monitoring balances
• Managing debtor collections — overseeing the aged debtor ledger, chasing overdue receivables, and working with commercial teams to resolve disputes
• Managing creditor payments — ensuring suppliers are paid within agreed terms and managing any payment disputes or renegotiations
• Managing banking relationships at an operational level — maintaining facilities, managing bank mandates, and escalating strategic banking matters

Strategic and commercial finance

• Acting as the financial business partner to the Management — translating financial data into commercial insight and supporting key business decisions with robust financial analysis
• Identifying opportunities to improve margin, reduce costs, and improve the efficiency of the business’s financial operations

Finance team management

• Managing the day-to-day activities of the finance team — including Financial Controllers, Finance Managers, Management Accountants, and junior finance staff as applicable
• Reviewing and signing off the work of the finance team before it is used for management reporting or external purposes
• Recruiting, developing, and retaining finance team members — including managing performance, providing training and mentoring, and building a high-quality finance function for the future
• Implementing and improving finance systems and processes — accounting software, ERP systems, and financial reporting tools — to improve efficiency, accuracy, and scalability

Head of Finance Person Specification

Essential qualifications

CA / CMA / MBA

Essential experience and competencies

• Hands-on experience of producing accurate monthly management accounts within tight deadlines
• Hands-on experience of Handling team of 15-20 team members
• Experience of leading an annual budget process and maintaining rolling forecasts
• Experience of implementing and maintaining financial controls and compliance in a business of comparable size
• Proven experience of managing, developing, and mentoring a finance team
• Strong ability to communicate financial information clearly to non-finance audiences including CEOs, boards, and investors
• Proficiency in accounting platform ( Tally / SAP B1 )