About This Job
Würth Industry India
Location: Pune District, Maharashtra, India
Work Mode: On-site
Industry: Financial Services,Accounting,Banking
Job Description
Job Title: Head of Finance & Controlling
Location: Pune, India
This role has been defined based on the current operating model of Wuerth Industrial Services India Private Limited, covering dual business units (WIS and WBS), strong governance expectations, cross-functional involvement, and alignment with Würth Group standards and reporting frameworks.
The Head of Finance & Controlling is a strategic leadership role responsible for overseeing the entire finance function across multiple profit centers (WIS and WBS), ensuring financial integrity, governance, and alignment with both local statutory requirements and Würth Group expectations.
The role extends beyond traditional finance management and requires strong capabilities in governance, cross-functional influence, independent judgment, and risk oversight.
- Business Context (Profit Centers):
WIS (Würth Industrial Services) A trading-focused business unit primarily engaged in procurement and distribution of industrial fasteners and related products. The focus areas include supply chain efficiency, working capital management, and operational profitability.
WBS (Würth Business Services) A Global Capability Center (GCC) providing service-based operations across functions. The focus areas include cost-plus models, intercompany transactions, scalability of service delivery, and multi-entity financial structuring.
The role requires the ability to operate across both business models simultaneously, ensuring financial discipline and alignment across distinct operating structures.
- Scope of Responsibilities:
- Financial Leadership & Oversight
Ownership of financial reporting, controlling, and performance management across business units.Ensure accuracy, completeness, and timeliness of financial statements (local GAAP and IFRS)Drive profitability, cost control, and financial disciplineOversee budgeting, forecasting, and long-term financial planning
- Governance & Risk Management
Act as a key governance anchor within the organizationEnsure compliance with statutory, tax, and regulatory requirementsMaintain strong internal controls and financial disciplineProvide independent, fact-based judgment on financial and business decisionsSafeguard financial integrity, compliance standards, and risk framework
- Cross-Functional Business Partnering
Act as a strategic partner to Managing Directors and leadership teamSupport decision-making across functions including operations, supply chain, HR, admin, and ITProvide financial insights on pricing, operations, and business strategies
- Treasury & Cash Flow Management
Oversee banking relationships, credit limits, and liquidity managementManage foreign exchange exposure and hedging strategiesEnsure optimal working capital management
- Taxation & Transfer Pricing
Ensure compliance with direct and indirect tax regulationsManage transfer pricing policies and cross-border intercompany transactionsOversee cost-plus models and international structuringHandle tax assessments, audits, and litigation with advisors
Lead statutory, internal, and IFRS auditsEnsure audit readiness and closure of audit observationsCoordinate with auditors and consultants
- Systems & Process Governance
Oversee financial systems including SAP and CIS (group MIS platform)Ensure appropriate authorization structures and access controlsDrive process standardization and continuous improvement
- IT Governance & Risk Oversight
Support IT-related decision-making including infrastructure and procurement strategiesEnsure governance around software usage, licensing, and complianceMitigate legal and operational risks related to IT systems and tools
- External Stakeholder Management
Interface with banks, auditors, tax consultants, and group controllingAlign local practices with Würth Group requirements
- GCC (WBS) Specific Requirements:
Experience in Global Capability Center (GCC) environmentsUnderstanding of service-based business models and cost structuresExperience with cost-plus pricing models and intercompany billingAbility to manage multi-entity and international financial structuresExposure to global delivery and service centre operations
- Expatriate & International Payroll Management:
Experience in handling expatriate compensation structuresUnderstanding of high-income salary frameworks and tax equalizationKnowledge of cross-border taxation and optimization strategiesAbility to manage expatriate compliance and reporting requirements
- Leadership & Behavioral Competencies:
Strong independence and objectivityAbility to challenge constructively and escalate when requiredHigh integrity and ethical standardsResilience and ability to operate under pressureStrong stakeholder management across cultures and geographiesAbility to balance collaboration with governance responsibilities
This role acts as a critical control function within a decentralized organizational structure, ensuring that financial discipline, compliance, and governance standards are upheld while enabling business growth.
The role requires maturity to operate in a decentralized structure with strong managing director autonomy, ensuring balanced decision-making and adherence to governance principles.
The Head of Finance & Controlling serves as a key counterbalance within the management team, ensuring that business decisions remain aligned with financial prudence, regulatory requirements, and long-term sustainability.
Alignment between financial strategy and business executionStrong governance and control frameworkEffective collaboration with leadership while maintaining independenceHigh-quality reporting and decision supportAbility to manage complexity across business models and geographies
Reporting Line
Reports to: Managing Directors
Functional alignment with: Group Controlling / EVP
This role requires a combination of technical expertise, leadership maturity, and governance strength. The individual must operate as both a strategic partner to the business and a guardian of financial integrity, ensuring sustainable and compliant growth
