Bada Business – Head – Finance & Accounts – CA

Position Overview:

We are looking for an experienced and dynamic Head – Finance & Accounts to lead the Finance & Accounts function of the organization. The candidate will be responsible for overall financial management, accounting, taxation, cash-flow management, financial planning, MIS, statutory compliance, audits, project finance and commercial controls.

The ideal candidate should have strong experience in EPC – Infrastructure – Construction projects, excellent financial acumen, leadership capabilities, and the ability to work closely with the Management, Project Teams, Banks, Auditors, Consultants, Clients and other stakeholders.

Key Responsibilities:

1. Financial Planning & Management:

– Develop and monitor annual budgets, financial plans and business projections.

– Monitor profitability, project-wise financial performance and overall financial health.

– Provide strategic financial advice to the Management for business decisions.

2. Project Finance & Cost Control:

– Monitor project-wise profitability, revenue, expenses and cash flow.

– Review project budgets, cost estimates and financial commitments.

– Ensure effective control over project costs and identify areas for cost optimization.

3. Cash Flow & Working Capital Management:

– Ensure timely availability of funds for project and corporate requirements.

– Prepare and monitor monthly/weekly cash-flow statements and projections.

– Coordinate with banks and financial institutions for working-capital requirements.

4. Accounting & Financial Reporting:

– Ensure accurate and timely maintenance of books of accounts along with requisite internal financial controls.

– Supervise monthly, quarterly and annual financial closing.

– Prepare and review MIS, financial statements and management reports.

5. Taxation & Statutory Compliance:

– Ensure timely compliance with GST, Income Tax, TDS and other applicable statutory requirements.

– Supervise GST returns, reconciliations, assessments and related compliances.

– Monitor tax exposures and identify opportunities for effective tax planning.

6. Audit & Compliance:

– Coordinate with Statutory Auditors, Internal Auditors and Tax Auditors and ensure timely completion.

– Review audit observations and ensure timely corrective actions.

– Establish and strengthen internal financial controls and processes.

7. Banking & Financial Institutions:

– Manage relationships with banks and financial institutions.

– Monitor and handle bank guarantees, performance guarantees, security deposits and related documentation.

8. MIS & Management Reporting:

– Present key financial indicators, project profitability, cash position and working capital status.

– Provide detailed analysis of revenue, expenses, margins and financial variances.

– Develop dashboards and financial reports to support Management decision-making.

9. Commercial & Contractual Finance:

– Review financial and commercial implications of contracts, tenders and project agreements.

– Review payment terms, escalation clauses, penalties, retention, LDs and other financial provisions.

– Monitor contractual claims, variations and financial settlements in coordination with project teams.

10. Team Leadership:

– Lead, mentor and develop the Finance & Accounts team.

– Ensure timely completion of accounting, taxation, MIS and compliance activities.

– Build strong coordination between Finance, HR, Commercial, Procurement and Project teams.

11. Internal Controls & Process Improvement:

– Establish robust financial controls and approval mechanisms.

– Identify financial risks and implement appropriate mitigation measures.

– Drive automation and digitization of Finance & Accounts processes wherever possible.

Required Skills & Competencies:

– Strong knowledge of Accounting, Finance, Taxation and Auditing.

– Excellent understanding of EPC – Infrastructure – Construction project finance.

– Strong knowledge of GST, TDS, Income Tax and statutory compliances.

– Excellent cash-flow and working-capital management skills.

– Strong analytical and financial decision-making ability.

– Good knowledge of ERP/accounting software and MS Excel.

– Strong leadership and team-management capabilities.

– Excellent communication and stakeholder-management skills.

– Ability to work under pressure and meet strict deadlines.

– Strong commercial and business understanding.

Educational Qualification:

– Chartered Accountant (CA) – Preferred.

Experience:

– Candidates with significant experience in EPC, Infrastructure, Construction or Engineering companies will be preferred.

– Experience in handling project finance, taxation, MIS, audits, cash flow, banking and team management is essential.