Head of Finance

About the role

A leading apparel manufacturer is seeking an experienced Head of Finance to lead its finance and accounting functions, ensure strong financial governance and support strategic business growth. The role suits someone with 10-12+ years of progressive finance experience, preferably in the apparel, garment, textile or manufacturing industry. The salary is stated as gross Rs 1 million and above.

Key responsibilities

• Financial planning and strategy: annual budgeting, forecasting, long-term financial modelling, KPI monitoring, investment and capital expenditure evaluation.
• Financial reporting and accounting: monthly, quarterly and annual closing, financial statements, compliance with accounting standards and statutory requirements, coordination of annual audits and financial controls.
• Manufacturing costing: product and standard costing, cost variance analysis, product/customer/order profitability, cost savings and pricing support.
• Cash flow and working capital: cash flow forecasting, liquidity planning, credit management, collections, bank relationships and foreign currency exposure.
• Taxation, compliance and risk: timely tax returns, regulatory compliance, risk mitigation, internal audit and segregation of duties.
• Inventory and supply chain finance: inventory valuation, slow-moving stock, stock reconciliation and support to purchasing decisions.
• Team leadership: mentoring the finance and accounting team, performance objectives, process improvements and automation.

Required profile

• Bachelor's degree in Finance, Accounting, Business Administration or a related discipline.
• Professional qualification such as CA, ACCA, CIMA or CPA, or an equivalent recognised qualification; fully qualified candidates preferred.
• Minimum 10-12+ years of progressive experience in finance and accounting, including a senior finance management role.
• Prior experience in the apparel, garment, textile or manufacturing industry is strongly preferred.