Head of Finance & Accounts

Sadhav Offshore Engineering Corporation; Mumbai; On-site; INR 6,000,000 - 9,000,000; Full time

Job summary

Sadhav Offshore Engineering Corporation is seeking a Chartered Accountant with 8–12 years of post-qualification experience to lead the finance function. The role focuses on Controllership, FP&A, statutory compliance, and internal controls, with IPO-readiness as a key objective.

You will embed phase-2 process changes, build the finance team over 12–18 months, and manage cash, tax, and governance across the organization.

Qualifications

• Chartered Accountant with 8–12 years post-qualification experience, and 2–5 years in Head-Finance/Deputy CFO roles in SME/mid-size industrial/engineering sectors.
• Hands-on with Tally/ERP and analytics tools; capable of MIS dashboarding and data governance.
• Experience with SEBI LODR/ICDR/Companies Act and tax/compliance is a plus.

Responsibilities

• Own the finance vertical end-to-end, including Controllership, FP&A, statutory compliance, and internal controls.
• Embed processes and drive cadence for finance governance and MIS, partnering with Crescentia Phase-2 deliverables.
• Lead IPO readiness: build 3-year audit-quality records, disclosures, and investor packs.
• Recruit and lead the finance team over 12–24 months (FC, FP&A Lead, Treasury Lead, Compliance Lead).
• Manage cash, working capital, vendor governance, and banking relationships; interface with auditors and statutory bodies.
• Prepare board packs and investor updates; be primary finance interface with investors.

Education

Chartered Accountant; CFA/MBA-Finance/CMA a plus

Tools

Tally

ERP

Power BI/Analytics

Data governance

Job description

Reports to

Dual Reporting

Promoter / Managing Director (firm-line) Group CFO (firm-line)

Purpose

Anchor the transition of Sadhav's finance function into an institutionalized, IPO-ready operation.

Own the finance vertical, embed the process changes being delivered by Crescentia in Phase-2, and build the team over 12-18 months.

KEY RESPONSIBILITIES

Finance & Accounts leadership own all functions of Controllership (GL, sub-ledgers, book-close), FP&A, Statutory Compliance, and Internal Controls until pillar leads are hired.

Institutionalization embed the process, MIS and governance framework being delivered by Crescentia in Phase-2; drive Monthly Finance Council, Weekly Cash & Project Sync, Quarterly Strategy Review cadence.

IPO readiness build the 3-year audit-quality track record, segmental disclosures, investor pack, and audit-ready books required for FY28 listing.

Team building recruit and lead the finance team over 12-24 months (Financial Controller, FP&A Lead, Treasury Lead, Compliance Lead, Site Project Finance Coordinators).

Cash & Working Capital daily cash view, AR/AP discipline, working capital cycle from 88 30-40 days; handle relationships with bankers (working capital + term loans) with Group CFO.

Vendor governance anchor the 3-way match discipline (PO GRN Invoice), vendor payment scheduling, and Cash Flow Engine outputs.

Board and investor interface prepare board packs, quarterly investor updates, MIS presentations to the Promoter; be the primary finance interface with prospective CCPS and IPO investors.

Auditor + statutory management own the relationship with statutory auditor, internal auditor, secretarial, tax advisors, direct/indirect tax counsel.

Digital transformation partnership sponsor and steer the Tally + BI-Layer + Project Platform; ensure adoption across the finance team.

SUCCESS MEASURES (first 12 months)

Monthly book-close by T+10 stabilized within 6 months of joining.

CFO Dashboard live and adopted by Promoter within 9 months.

Working capital cycle monitoring and optimization of borrowings/cash institutionalized.

Statutory audit for FY27 completed clean (no material qualifications) with reduced audit time-to-close.

QUALIFICATIONS & EXPERIENCE

Chartered Accountant (mandatory) additional CFA / MBA-Finance / CMA is a plus.

8-12 years of post-qualification experience with meaningful last 2-5 years as Head-Finance / Deputy CFO in a SME/mid-sized industrial, engineering, ship-repair, defence, or capex-intensive services company (preferred).

Hands-on Tally + ERP + Power BI/Analytics understanding; comfortable with ETL, MIS dashboarding, data governance concepts.

Strong Plus:

Direct experience in SEBI LODR, ICDR, Companies Act (Sections 185, 186, 188), GST, TDS regulations would be a significant advantage. Prior exposure to defence/PSU customer environments (Coast Guard, Navy, MDL, HSL, GSL, PSU procurement) will be a strong plus.

Change-management + team-building competencies as important as technical finance skills this is a build-out role, not a caretaker role.