Head - Finance & Accounts - FMCG

: Minimum Educational Qualifications required for the job: - CA (Mandatory), MBA Finance / CMA (Preferred) Experience required: - Business Finance - Financial Accounting - Commercial Finance - FP&A - Internal Controls and Internal Audits Key Responsibilities: 1. Financial Accounting & Reporting: - Ensure accurate and timely closure of monthly, quarterly, and annual accounts. - Drive robustness in general ledger accounting, reconciliations, and financial controls. - Ensure timely submission of management reports, MIS, and board reporting packs. - Review provisions, accruals, impairment assessments, and revenue recognition. 2. Business Finance & Performance Management: - Partner with Business Head to drive revenue growth, profitability, and cash generation. - Lead budgeting, forecasting, long-range planning, and annual operating plans. - Provide monthly performance reviews highlighting key business drivers and risks. - Analyze category, product, brand, channel, and customer profitability. - Drive margin enhancement and cost optimization initiatives. 3. Cost Management & Commercial Finance: - Monitor manufacturing, distribution, logistics, and marketing costs. - Review SKU-wise and category-wise profitability. - Evaluate pricing decisions and commercial proposals. - Lead investment appraisal and business case evaluations for new products and capital projects. - Support strategic decisions through financial modelling and scenario analysis. 4. Working Capital & Cash Flow Management: - Drive inventory optimization initiatives. - Monitor receivables, payables, and cash conversion cycle. - Improve cash flow forecasting accuracy. - Lead working capital reduction projects across procurement, manufacturing, and sales functions. 5. Internal Controls, Governance & Risk Management: - Strengthen IFC framework and process controls. - Ensure adherence to SOPs and Delegation of Authority (DOA). - Lead internal, statutory, and cost audits. - Drive risk assessment and mitigation initiatives. - Ensure compliance with corporate governance requirements. 6. Treasury & Funding: - Monitor cash flows and liquidity requirements. - Coordinate with corporate treasury on banking and financing matters. - Drive the channel finance for the dealers. 7. Systems & Process Excellence: - Drive finance automation and digital transformation initiatives. - Improve reporting capabilities through ERP and BI tools. - Standardize finance processes across locations. - Develop and monitor finance KPIs and dashboards. 8. Budgeting & forecasting: - Lead annual budgeting, periodic forecasting, and long-term financial planning. - Monitor budget performance, analyze variances, and provide actionable insights. - Drive forecast accuracy and support strategic business decision-making. - Partner with business teams to achieve revenue, profitability, and cash flow targets. KPI: Financial: - EBITDA achievement - Gross Margin improvement - Cash Flow generation - Working Capital Days - ROCE of business segment Operational: - Month-end closure timeline - Forecast accuracy - Inventory turns - Cost reduction savings - Productivity improvements Compliance: - Zero major audit observations - Statutory compliance score - Internal control effectiveness Budgeting & Forecasting: - Budget Accuracy (%) - Actual vs Budget performance. - Forecast Accuracy (%) - Actual vs Forecast variance. - Revenue Achievement (%) - Actual sales against budget. - EBITDA Achievement (%) - Actual EBITDA against plan. - Gross Margin (%) - Margin delivered vs budget. - Cost Variance (%) - Actual costs against budget. - Working Capital Days - Inventory + Receivables - Payables. - Cash Flow Achievement (%) - Actual cash generation vs forecast. - Capex Budget Adherence (%) - Capex spend against approved budget. - Timeliness of Budget & Forecast Submission - On-time completion of planning cycles. Other Requirements: Strategic Business Partnering: - Financial Planning & Analysis - Commercial Acumen - Leadership & Stakeholder Management - Risk Management - Data Analytics - ERP (SAP S/4HANA preferred) - Strong communication and presentation skills