Job Description Head of Business Finance
Location: Mumbai, India
Reports to: Group CFO
Experience: 5+ years
Qualification: CA / CMA / MBA (Finance)
Role Overview
The Head of Business Finance is responsible for the end-to-end execution of financial operations across the organization and its group entities, including logistics subsidiaries. This role drives accuracy in books, controls cash flows, and ensures timely and error-free MIS reporting. The focus is on execution and control owning Accounts Payable, Accounts Receivable, Banking Operations, and MIS to maintain tight financial discipline supporting daily business decisions.
Key Responsibilities
1. Accounts Payable & Bank Operations
- Lead vendor management from onboarding to final payments.
- Verify invoice accuracy, PO and GRN matching, and ensure timely approvals.
- Run the daily payment process batches, uploads, authorisations, and bank reconciliations.
- Maintain accurate cash flow visibility across all banks and entities; update weekly cash forecasts.
- Oversee bank documentation, fund transfers, OD/WCDL usage, and short-term placements.
- Enforce spend control through vendor ageing review and approval matrix adherence.
2. Accounts Receivable & Collections
- Supervise invoicing and debit/credit note issuance as per shipment data.
- Track collections daily; publish customer-wise ageing and follow-up actions.
- Ensure accurate receipt accounting and customer reconciliation in ERP.
- Coordinate with Sales and Operations on billing accuracy and credit limit usage.
- Drive DSO reduction through proactive escalations and direct client coordination.
3. MIS & Reporting
- Prepare and release monthly MIS covering revenue, gross profit, AR/AP ageing, cash flow, and entity P&L.
- Maintain tracking for budget vs actuals and variance commentary from verticals and subsidiaries.
- Reconcile ERP job-costing with financial books to ensure margin accuracy.
- Standardise reporting templates and closure timelines for all finance teams.
- Collaborate with Tech/MIS teams to automate dashboards and streamline data extraction.
4. Internal Controls & Compliance
- Implement robust controls for vendor onboarding, approval, and payment processes.
- Monitor policy adherence for expense claims, advances, and reimbursements.
- Ensure accurate GL reconciliations bank, vendor, customer, inter-company, and advances.
- Support internal and statutory audits with schedules, explanations, and documentation.
- Align subsidiary finance practices to group-level accounting and reporting standards.
5. People & Process Management
- Supervise finance executives managing AP/AR/MIS across entities.
- Conduct monthly reviews with subsidiary finance managers to resolve open items.
- Drive continuous process improvement to reduce manual intervention and errors.
- Provide training on ERP usage, compliance policies, and reporting discipline.
Candidate Profile
- CA / MBA (Finance) with 5+ years of experience in finance operations and MIS within logistics, supply chain, or tech-enabled industries.
- Hands-on experience with ERP operations, reconciliations, and cash management.
- Proven ability to manage monthly closures and generate accurate, timely MIS.
- High attention to detail and discipline in documentation and control.
- Strong communication skills for cross-functional coordination.
- Execution-focused mindset with ownership for accuracy, speed, and compliance.
Why Join Us
- Ownership of end-to-end business finance execution across group entities.
- Direct exposure to the CFO and leadership on cash flow, profitability, and process controls.
- Opportunity to standardise and automate finance operations in a fast-scaling logistics-tech business.
- High-impact role driving financial discipline and operational excellence
