Head of Finance

Husco; Pune District; On-site; INR 1,500,000 - 2,500,000; Full time

Job summary

Husco in Pune, India, is seeking a Head of Finance responsible for overseeing accounting operations and financial management. The role includes preparing financial statements, managing budgets, and ensuring compliance with regulations, while also leading and managing the finance team. Candidates should hold a Bachelor's Degree in Business Administration with a focus on Accounting and have at least five years of experience in the manufacturing industry, along with strong communication and leadership skills.

Qualifications

• Bachelor's degree in Business Administration with a major in Accounting or CA/ICWA.
• 5+ years of experience in the manufacturing industry.
• Experience in managing people and leading teams.
• Knowledge of ERP systems and tax compliance.

Responsibilities

• Prepare and present financial statements timely and accurately.
• Manage annual profit plans, including budgets and capital plans.
• Ensure tax compliance and adherence to regulatory standards.
• Control credit limits for customers and suppliers.
• Implement and manage risk management policies.

Skills

Accounting

Leadership

Communication

ERP systems

Risk management

Education

Bachelor’s Degree in Business Administration with major in Accounting

CA / ICWA

Tools

ISO 9001:2015 Standards

ISO 14001:2004 Standards

Job description

Primarily serves as the Head of Finance for HUSCO India, specifically responsible for accounting. Responsible for the timely and accurate preparation of Company financial statements, ensures that Company accounting information is processed in accordance with generally accepted accounting principles and other regulatory agency guidelines. Responsible for administering Company policies and procedures used to investigate, grant and control credit, and in collecting accounts due. Responsible for managing all centralized Company accounts payable and fixed assets functions. Responsible for working with Corporate CFO and Vice President of Finance to manage Company treasury and risk management functions.

PRINCIPAL DUTIES:

• Prepares and presents company financial statements in a timely manner in accordance with company procedures and in compliance with generally accepted accounting principles.
• Manages preparation and presentation of the annual company profit plans, including budget for all functional areas and capital plan
• Manages cash in a manner to minimize both working capital investment and cost of any local debt.
• Controls customer and supplier credit limits.
• Implements corporate risk management policies to minimize exposure from risk of disaster (including product liability) in a cost effective manner.
• Ensure tax compliance, preparation & filing.
• Ensure compliance under Companies Act, Excise & customs Act.
• Reviews product costing for current and planned production.
• Manages in accordance with company policies practices and directives.
• Assists the General Manager and corporate staff with various projects as assigned.

AUTHORITY:

• Bank Payments - Approve all online payments.
• Signatory for all Direct and Indirect Tax matters (Income Tax, Excise, Customs etc.)
• Authorised to sign PO for all departments.

REQUIREMENTS:

• Bachelor’s Degree in Business Administration with a major in Accounting, CA / ICWA.
• Experience of managing people / leading teams
• Minimum 5 years’ experience in the manufacturing industry.
• Knowledge of and exposure to ERP system.
• Ability to communicate with all levels of management.Ability to travel to foreign locations.
• Knowledge of ISO 9001:2015 & 14001 :2004 Standards.