Website Groz Engineering
Finance Head – Finance Controller
Company: Accurate Products Corporation Pvt. Ltd. (Groz Group)
Location: Chennai, Tamil Nadu
Reporting To: Managing Director
Experience: 15 – 20 Years
Qualification: CA – Mandatory | MBA (Finance)
Industry: Automotive Components – Precision Engineering – Manufacturing
Role Overview:
We are looking for an experienced Finance Head – Finance Controller to lead the company’s overall finance function and serve as a strategic business partner to the Managing Director and leadership team.
The role will be responsible for financial strategy, planning & analysis, manufacturing finance, costing, working capital, treasury, taxation, compliance, governance, MIS, digitisation and profitability improvement.
The incumbent will play a critical role in supporting business growth, improving financial discipline, optimising costs and working capital, evaluating investments and driving long-term value creation.
Key Responsibilities:
1. Financial Strategy & Leadership:
– Develop and execute financial strategies aligned with business growth objectives.
– Provide strategic financial insights and recommendations to the Managing Director and leadership team.
– Drive profitability improvement, cost optimisation and financial performance across manufacturing operations.
– Support business expansion, new projects, capacity enhancement, automation and diversification initiatives.
– Evaluate strategic opportunities including M&A, investments and business restructuring.
– Participate in pricing, investment and capital allocation decisions.
2. Financial Planning, FP&A & MIS:
– Lead annual budgeting, forecasting and long-range financial planning.
– Monitor business performance against budgets, forecasts and key financial/operational KPIs.
– Drive management reporting and establish robust MIS dashboards for timely decision-making.
– Analyse revenue, margins, manufacturing costs, overheads and profitability.
– Identify cost optimisation and productivity improvement opportunities.
– Strengthen cash-flow forecasting and ensure adequate liquidity.
– Identify and manage financial, credit, operational and business risks.
3. Manufacturing Finance & Cost Control:
– Lead manufacturing finance, product costing and cost-control initiatives.
– Monitor raw material consumption, inventory valuation, scrap, production variances and manufacturing overheads.
– Analyse product/customer profitability and identify margin improvement opportunities.
– Drive inventory optimisation and working-capital efficiency.
– Partner with Plant, Operations, Procurement and Sales teams to improve profitability.
– Evaluate CAPEX proposals, investment cases and ROI/payback analysis.
4. Treasury & Banking:
– Oversee cash, liquidity and working-capital management.
– Manage banking relationships, fund requirements, credit facilities and working-capital limits.
– Optimise financing costs and banking arrangements.
– Monitor receivables, payables and overall cash conversion cycle.
5. Compliance, Audit & Governance:
– Ensure compliance with applicable direct and indirect taxation, Companies Act, GST, statutory and regulatory requirements.
– Lead statutory, internal and tax audits and ensure timely closure of audit observations.
– Establish strong financial controls, processes and governance frameworks.
– Ensure accuracy, integrity and transparency of financial reporting.
6. Business Systems & Digitisation:
– Drive finance-process automation, digitisation and internal control improvements.
– Strengthen ERP/financial systems and ensure effective utilisation of technology.
– Improve the quality, accuracy and timeliness of financial data and reporting.
– Identify opportunities for automation and process re-engineering across the finance function.
7. Team Leadership:
– Lead, develop and mentor the finance and accounts team.
– Build a high-performance finance organisation with clear accountability and controls.
– Strengthen financial capabilities across the organisation through business partnering and stakeholder engagement.
8. Business Partnering & Operational Excellence:
– Partner with Manufacturing, Procurement, Sales, HR and other functions to improve operational efficiency and profitability.
– Provide financial insights to support business decisions and strategic initiatives.
– Challenge business assumptions through data-driven financial analysis.
– Drive a culture of cost consciousness, financial discipline and continuous improvement.
Candidate Profile:
Education:
– Chartered Accountant (CA) – Mandatory.
– MBA (Finance) will be an added advantage.
Experience:
– 15 – 20 years of relevant finance experience.
– Minimum 5 years in a senior finance leadership – controllership role.
– Strong experience in manufacturing finance, costing, FP&A and business partnering.
– Experience in automotive, engineering or industrial manufacturing will be preferred.
Key Skills & Competencies:
– Strategic Financial Management
– Manufacturing Finance & Costing
– FP&A, Budgeting & Forecasting
– Working Capital & Cash Flow Management
– Treasury & Banking
– Taxation & Regulatory Compliance
– MIS & Management Reporting
– Cost Optimisation & Profitability Improvement
– CAPEX Evaluation & ROI Analysis
– ERP – Finance Systems & Digitisation
– Risk Management & Internal Controls
– Team Leadership & Stakeholder Management
– Strong analytical and problem-solving ability
– Excellent communication and presentation skills
– High level of integrity and governance orientation
– Ability to translate financial data into actionable business insights
Preferred Industry Exposure:
– Automotive Components
– Precision Engineering
– Engineering – Industrial Manufacturing
– OEM Supplier Ecosystem
– Export-oriented Manufacturing
Language Proficiency:
– English – Proficient | Tamil – Preferred
To apply for this job please visit www.iimjobs.com.
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