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Head- Finance & Accounts (Finance & Accounts)/ 145 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
  • Gender
    Male
  • Offered Salary
    20 To 24 INR Lacs