Location & Industry: Mumbai Near VT station - Manufacturing & Trading (Marine Industry)
Company Size: SME, approx. 70 employees
Reporting To: Managing Director
Salary : Based on experience
Official Timings: 9:30 am to 6:30 pm, Monday- Friday and Half Day - Saturday
SKILLS, QUALIFICATIONS & EXPERIENCE
1. Chartered Accountant (CA) required,
2. 10+ years of financial leadership experience in SME company handling all responsibilities below
3. Strong understanding of Indian tax laws, corporate finance, fundraising, and compliance.
4. Proven experience in financial planning, working capital management, and cost control
5. Experience working with ERP system and financial automation tools
6. Experience handling an accounting and administration team
KEY SKILLS
- Demonstrated experienced in cash-flow/working capital management on daily basis
- Taxation, Compliance & Risk Management (GST, TDS, ROC, RBI, Companies Act, 2013)
- Vendor Negotation, Cost Control, Profitability Optimization & Budgeting
- Financial / MIS Reporting
- Bank credit facilities compliance, negotiation and management
KEY RESPONSIBILITIES
Daily Cash Flow Management & Working Capital
- Manage schedule of vendor payments, including negotiation and priority of payment release
- Receivables collection, monitoring and controls to prevent bad debt
- Reduction in payment collection cycle/days outstanding on receivables
- Implement process and systems for timely invoicing for business services and sales
Financial Budgeting & Planning (with Managing Director)
- Develop financial plan, forecast and budget aligned with goals
- Monitor actuals and projected verses plan/forecast and adjust plans as necessary
- Forecast working capital requirements with decision-making data
- Set-up, manage and monitor Banking Limits with proper compliance to requirements
Financial Reporting
- Ensure accurate financial statements, cash flow forecasts, and P&L
- Create and manage MIS reports for business decision-making
- Analyze and report profitability at gross profit and net income level by business activity (cost accounting)
- Present financial performance reports to the Managing Director and key stakeholders/shareholders
- Prepare and present reporting requirements for banks, investors, and financial institutions.
Taxation, Compliance & Risk Management
- Ensure compliance with GST, TDS, Income Tax, Transfer Pricing, RBI, FEMA guidelines
- Manage cash-flows while accounting for all tax liabilities and due dates
- Ensure timely reporting of all tax related returns to ensure no penalties
- Manage audits (internal & external) and liaise with auditors & tax consultants
- Develop risk mitigation strategies to safeguard financial health and avoid government penalties
Cost Optimization & Profitability
- Identify cost reduction opportunities without impacting efficiency or quality
- Optimize pricing for products and services (keeping in mind break-even analysis and target margins)
- Implement measures to improve EBITDA and net profit margins.
Leadership & Process Automation
- Lead the accounting and administration team (approx. 4-6 persons) for high efficiency and compliance
- Upgrade accounting to ERP system, financial automation tools, and technology-driven solutions
- Collaborate with cross-functional teams to drive operational success and increase productivity
Job Type: Full-time
Pay: ₹275,000.00 - ₹300,000.00 per month
Schedule:
Education:
Experience:
- total work: 10 years (Required)
- Financial Leadership: 10 years (Required)
Work Location: In person
