Head Finance & Commercial

Birla Carbon; Mumbai; On-site; INR 4,000,000 - 7,000,000; Full time

Job summary

Aditya Birla Group seeks a Head Finance & Commercial to lead strategic financial planning, governance, treasury, and commercial oversight for Jewellery operations. The role partners with the CEO and leadership to drive capital allocation, budgeting, and profitability initiatives across multi-location stores and bullion activities.

The position focuses on implementing innovative schemes, ensuring regulatory compliance, and advancing digital finance transformation with ERP and BI tools.

Qualifications

• CA or MBA in Finance; CFA preferred.
• 20+ years in Finance roles with 8-10 years in leadership, multi-location exposure.
• Experience in luxury retail, FMCG, or consumer businesses.

Responsibilities

• Strategic Financial Leadership: define financial strategy with CEO and leadership team.
• Governance & Compliance: ensure statutory regulation adherence and audits.
• Treasury & Liquidity Management: manage cash flow, working capital, FX, and hedging.
• Commercial Oversight: oversee retail operations, cost controls, and vendor contracts.
• New Scheme Implementation: design and assess financial viability of customer schemes and risk mitigations.

Skills

Strategic Leadership

FP&A Excellence

Treasury Management

Governance & Compliance

Digital Finance

Education

CA/MBA in Finance

Tools

ERP systems

BI tools

Job description

At the Aditya Birla Group, our Corporate Vision is aligned and intricately woven with our People Vision.

Head Finance & Commercial

Designation : Head

Organization : Jewellery

Job Description:

Essential Duties and Responsibilities:

1. Strategic Financial Leadership

• Partner with CEO and leadership team to define financial strategy aligned with business objectives.
• Drive capital allocation, investment decisions, and financial planning for growth initiatives.
• Represent the company in board meetings, and group-level finance discussions.

2. Governance & Compliance

• Ensure adherence to statutory regulations, Companies Act, FEMA, RBI guidelines, and internal governance frameworks.
• Oversee taxation management, corporate accounts, accounts payable, and statutory audits through the Financial Controller function.
• Maintain audit readiness across all finance and bullion operations.
• Ensure timely filing of returns and compliance with regulatory authorities.
• Lead annual budgeting, forecasting, and long-range planning.
• Drive FP&A to deliver actionable insights on profitability, store performance, and cost optimization.
• Monitor KPIs and financial health metrics to support strategic decisions.

4. Treasury & Liquidity Management

• Manage cash flow forecasting, working capital, and banking relationships.
• Optimize capital structure and funding strategies for cost efficiency.
• Oversee FX and bullion hedging strategies to mitigate price volatility.
• Establish policies for bullion procurement and price risk mitigation.
• Implement hedging strategies using commodity exchanges and financial instruments.

6. Commercial Oversight

• Oversee retail commercial operations, ensuring financial discipline and process efficiency.
• Drive automation of payment processes, vendor contracting, and marketing spend controls.
• Ensure robust governance for franchisee financial operations and store-level commercials.

7. New Scheme Implementation

• Collaborate with Retail and Merchandising teams to design and implement innovative customer schemes.
• Ensure financial viability, risk assessment, and compliance for new initiatives.
• Lead financial planning and risk mitigation for schemes like “Double Rate Protection” in gold pricing, ensuring accurate hedging and alignment with bullion sourcing strategy.
• Develop and maintain frameworks for bullion price risk, liquidity risk, and operational risk.
• Ensure insurance coverage for assets, operations, and supply chain.
• Drive compliance with internal controls and regulatory standards.
• Champion automation in finance processes, reporting, and analytics using ERP and BI tools.
• Implement technology-driven solutions for treasury, risk management, and FP&A.
• Build and mentor a high-performing finance team across all sub-functions.
• Foster a culture of accountability, innovation, and continuous improvement.

Critical Competencies for Success:

• Strategic Financial Leadership – Align financial strategy with business growth and profitability goals.
• Treasury & Risk Management– Manage liquidity, bullion sourcing, FX, and price risk effectively.
• Commercial Acumen– Drive cost efficiency and negotiate favorable terms across retail and HO.
• Governance & Compliance– Ensure statutory adherence, corporate accounts, taxation, and audit readiness.
• Analytical & FP&A Expertise – Deliver insights for budgeting, forecasting, and performance improvement.
• Digital Finance Transformation – Leverage ERP, BI tools, and automation for process excellence.
• Stakeholder Management– Influence leadership and external partners for strategic decisions.
• Innovation in Financial Solutions – Enable new schemes like Double Rate Protection with risk mitigation.

Person Profile

• Education– Chartered Accountant (CA) or MBA in Finance; CFA preferred.
• Experience –20+ years in Finance role and 8-10 years on experience in Finance leadership, with retail/multi-location exposure.
• Industry Preference– Luxury retail, FMCG, or consumer businesses.
• Discover more about life at Aditya Birla Group