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Head- Finance & Accounts (Finance & Accounts)/ 2 days ago

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Job Preference:

 Industry - Furniture industry
Working time -10.00 am to 7.30 pm
Working days - 6 days
Interview mode - Virtual incase of Outstation Candidates
Notice Period-Immediate Joiner or 15 days 

Qualification:

MBA

Job Description:

. Strategic Financial Leadership:

·       Formulate and implement the overall financial strategy for the group aligned with business goals across all verticals (Luxury Furniture (ElevateX & Bay window), Production Plant, Hospitality).

·       Provide strategic insights to the management on profitability improvement, cost control, and investment planning.

·       Lead financial planning & analysis (FP&A), forecasting, and long-term growth modelling for all business units.

·       Support management in new business feasibility studies, capex evaluations, and expansion projects (e.g., new factory, new store, or hospitality property).

 Financial Planning, Budgeting & Control:

·       Prepare annual budgets, monthly forecasts, and rolling projections for each business vertical.

·       Track budget vs. actual performance and highlight deviations with root cause analysis.

·       Implement strong budgetary controls to ensure optimal resource allocation and expenditure discipline.

·       Regularly review departmental and project-level costs (retail, production, hospitality operations).

 Accounting & Financial Operations:

·       Oversee day-to-day accounting operations across all group entities ensuring accuracy, consistency, and compliance with accounting standards.

·       Supervise monthly, quarterly, and annual financial closing and consolidation of group accounts.

·       Ensure timely preparation of MIS reports, P&L statements, balance sheets, and cash flow statements.

·       Streamline inter-company transactions, reconciliation, and cost allocations between furniture, production, and hospitality divisions.

 Cash Flow, Treasury & Working Capital Management:

·       Manage cash flows and liquidity to ensure smooth operations across all group companies.

·       Monitor and optimize working capital — receivables, payables, and inventory levels.
proper fund utilization, monitor bank limits, and negotiate credit facilities, LC/BG, and loan management.

·       Plan and maintain a robust fund flow forecast for operational and project requirements.

 Costing, Pricing & Profitability:

·       Lead cost control and analysis for both production and hospitality verticals.

·       Implement product costing systems in the manufacturing (production) setup for accurate pricing and margin tracking.

·       Conduct profitability analysis by product, project, and business vertical to guide pricing and strategy decisions.

·       Support management in pricing policies, especially for high-value luxury furniture and modular projects.

 Statutory Compliance, Audit & Governance:

·       Ensure compliance with all statutory and legal requirements — GST, Income Tax, TDS, ROC filings, etc.

·       Liaise with external and internal auditors for statutory and tax audits.

·       Implement strong internal controls and ensure adherence to accounting policies, SOPs, and regulatory norms.

·       Monitor risk management frameworks and ensure financial governance across group entities.

 

Skills:

Taxation & Regulatory Affairs

·       Oversee direct and indirect taxation for all businesses (GST, TDS, corporate tax, service tax, etc.).

·       Ensure timely filing of returns, tax payments, and compliance documentation.

·       Handle tax planning and optimization, including input credit management for production and hospitality units.

·       Liaise with tax authorities and consultants for assessments, appeals, and notices.

MIS, Reporting & Business Insights

·       Develop comprehensive MIS dashboards to monitor group performance and KPIs.

·       Present monthly and quarterly financial reviews to management with actionable insights.

·       Provide segment-wise data — Retail, Modular, Factory, and Hospitality — for strategic decision-making.

·       Establish systems for store-level and project-level profitability tracking.

Systems, Process & Automation:

·       Implement and upgrade ERP systems (Tally, SAP, Zoho, etc.) to improve accuracy and efficiency.

·       Drive digitization of accounting processes, vendor management, and reporting systems.

·       Standardize SOPs across all group companies for procurement, payments, and expense approvals.

·       Ensure data integrity, security, and audit trails across systems.

 Leadership & Team Development:

·       Lead and mentor the finance & accounts teams across all business units.

·       Build competency frameworks and ensure continuous training in financial best practices.

·       Drive a performance-oriented culture with accountability and ownership.

·       Coordinate cross-functional collaboration with sales, operations, design, and HR teams.

 Investor, Banker & Stakeholder Management:

·       Manage relationships with banks, financial institutions, investors, and auditors.

·       Support management in fundraising, project finance, or restructuring when needed.

·       Prepare presentations and reports for board reviews, management meetings, or investor updates.

Job Information

  • Date Posted
    May 11, 2026
  • Location
    Sripuram Colony, Hyderabad
  • Job Title
    Head- Finance & Accounts
  • Experience
    15 To 20 Year
  • Age
    0 To 0 Year
  • Gender
    Male
  • Offered Salary
    20 To 24 INR Lacs