Head of Finance

Key Responsibilities
A. Financial Planning, MIS & Business Performance

· Own the Company's overall financial planning, budgeting, forecasting and performance management process.

· Prepare and present monthly/quarterly MIS, P&L, Balance Sheet and Cash Flow reports to Management.

· Establish appropriate financial KPIs and dashboards for the refining/recycling and real-estate businesses.

· Analyse actual performance against budget, forecast and previous periods and highlight significant variances.

· Provide management with actionable insights on profitability, margins, cash flows and financial risks.

· Develop business-unit-wise profitability analysis.

· Support management in evaluating new business opportunities, investments and expansion plans.

· Establish robust financial controls and reporting systems as the Company scales.

B. P&L, Balance Sheet & Financial Control

· Take complete ownership of the Company's P&L, Balance Sheet and Cash Flow.

· Ensure accuracy, completeness and timely closure of monthly and annual accounts.

· Review provisions, accruals, depreciation, inventory valuation, receivables, payables and other balance-sheet items.

· Strengthen balance-sheet controls and ensure appropriate reconciliation of all major accounts.

· Monitor financial health and identify potential risks/issues before they impact the business.

· Ensure adequate internal controls over financial transactions and accounting processes.

C. Precious Metal Refining / E-Waste & Industrial Waste Business

· Monitor metal recovery yields, refining costs and processing costs.

· Monitor precious-metal inventory and metal movement.

· Monitor inventory valuation and reconciliation of physical quantities with accounting records.

· Analyse margins based on input material, recovery rates, refining costs and realised metal values.

· Monitor purchase and processing economics for e-waste and industrial waste.

· Work closely with Operations and Procurement to identify cost leakages, process inefficiencies and margin improvement opportunities.

· Establish appropriate controls over high-value inventory and precious metals.

· Monitor exposure arising from fluctuations in precious-metal prices and foreign exchange, wherever applicable.

· Develop MIS covering material input → recovery → refining → sale → margin.

D. Working Capital & Cash Flow Management

· Drive effective management of working capital and cash flows.

· Monitor receivables, payables, inventory and cash conversion cycle.

· Establish robust cash-flow forecasting and liquidity planning.

· Closely monitor customer collections and outstanding receivables.

· Develop appropriate credit-control mechanisms and customer exposure limits.

· Optimise vendor payment cycles while maintaining supplier relationships.

· Ensure adequate liquidity for operational and strategic requirements.

· Provide regular cash-flow updates to Management.

E. Accounts Receivable & Payable

· Establish strong processes for receivables and collections.

· Monitor ageing and overdue receivables and ensure timely follow-up.

· Review customer credit limits and commercial terms from a financial-risk perspective.

· Ensure timely and accurate processing of vendor invoices and payments.

· Monitor ageing of payables and optimise payment planning.

· Strengthen controls around vendor onboarding, approvals and payments.

F. Direct & Indirect Taxation

· Oversee all Income Tax matters, including tax planning, assessments, returns and compliance.

· Coordinate with external tax advisors and consultants where required.

· Ensure timely completion of tax audits, assessments and related proceedings.

· Identify legitimate tax-planning opportunities while maintaining full compliance.

· Ensure complete and timely GST compliance, including returns, reconciliations and related statutory requirements.

· Monitor GST input-credit eligibility and utilisation.

· Ensure appropriate GST treatment of transactions across the refining/recycling and real-estate businesses.

· Coordinate GST audits, notices and assessments.

· Ensure proper reconciliation between books, GST returns and relevant transaction data.

G. FEMA, FDI & International Transactions

· Ensure compliance with applicable FEMA and RBI regulations relating to the Company's foreign exchange transactions.

· Oversee compliance relating to FDI, foreign investments, foreign remittances and related reporting, wherever applicable.

· Coordinate with authorised dealer banks, legal/tax advisors and other professionals for FEMA-related matters.

· Ensure timely filing of applicable statutory/regulatory returns and documentation.

· Advise Management on financial and regulatory implications of cross-border transactions.

H. Budgeting & Cost Control

· Lead the annual budgeting process across all business verticals.

· Establish departmental and business-unit budgets.

· Monitor actual expenditure against approved budgets.

· Identify cost overruns and implement corrective measures.

· Develop systems for cost monitoring and cost optimisation.

· Analyse manufacturing/refining and administrative costs and identify opportunities for efficiency improvement.

· Ensure appropriate approval mechanisms for capital expenditure and operating expenditure.

I. Audit, Governance & Compliance

· Coordinate with Statutory Auditors, Internal Auditors, Tax Auditors and other professional advisors.

· Ensure timely completion of statutory audits and financial reporting.

· Strengthen internal financial controls and processes.

· Ensure compliance with applicable provisions of the Companies Act, Income Tax, GST, FEMA and other relevant laws/regulations.

· Establish appropriate delegation of authority and financial approval controls.

· Ensure proper documentation and audit trails for significant transactions.

J. Real Estate Business

· Provide financial oversight for the Company's real-estate activities.

· Monitor project-wise costs, budgets, cash flows and profitability.

· Review project feasibility and financial viability.

· Monitor receivables, project expenditure, vendor payments and financing requirements.

· Analyse project-level profitability and return on investment.

· Ensure appropriate accounting and tax treatment of real-estate transactions.

· Provide Management with regular project-wise financial MIS.

K. Banking & Treasury

· Manage the Company's banking relationships.

· Monitor banking facilities, working-capital requirements and financing costs.

· Evaluate funding requirements and optimise the Company's financing structure.

· Monitor interest costs, bank charges and utilisation of credit facilities.

· Maintain adequate liquidity while optimising deployment of surplus funds.

· Support negotiations with banks and financial institutions.

L. Strategic Business Partner to Management

· Act as a key financial advisor to the Promoters, MD and senior management.

· Provide financial analysis for strategic and commercial decisions.

· Evaluate business proposals, investments, capex and expansion plans.

· Identify financial and operational risks and recommend mitigation measures.

· Develop financial models for new projects and business initiatives.

· Challenge commercial decisions constructively from a profitability, cash-flow and risk perspective.

· Bring financial discipline and data-driven decision-making across the organisation.

M. Team Leadership

· Lead and develop the Finance & Accounts team.

· Define responsibilities, processes and performance metrics for the finance function.

· Build a strong culture of accuracy, accountability, compliance and financial discipline.

· Improve finance processes through technology, automation and appropriate ERP/MIS systems.

· Mentor team members and build a strong second line within the finance function.

N. Key Deliverables / Success Measures

· Accurate and timely monthly financial closure and MIS.

· Strong control over P&L, Balance Sheet and Cash Flow.

· Improved working-capital cycle.

· Better receivable collections and payable management.

· Effective budgetary control and reduction of unnecessary costs.

· Zero/low compliance slippages and strong tax governance.

· Robust controls over precious-metal inventory and recovery economics.

· Clear visibility of business-unit-wise profitability.

· Strong financial controls and audit readiness.

· Effective FEMA/FDI and regulatory compliance.

· Improved financial planning and forecasting.

· High-quality financial insights for Management and Promoters.

Requirements

Candidate Profile

· CA (Chartered Accountant) preferred.

· Candidates with CA qualification and strong industry experience will be preferred.

· Additional qualifications such as MBA/Finance, CFA or equivalent would be an advantage.

· Approximately 12–18+ years of relevant experience, preferably with significant experience in a mid-sized or growing organisation.

· Experience in manufacturing, recycling, metals, refining, commodities, e-waste, mining or similar high-value inventory business would be highly desirable.

· Experience managing multiple business verticals, including real estate, will be an advantage.

· Strong exposure to taxation, GST, FEMA/FDI, treasury and financial controls is essential.

Key Competencies

· Strong accounting and financial-control fundamentals.

· Excellent understanding of P&L, Balance Sheet and Cash Flow.

· Strong taxation and regulatory knowledge.

· Good understanding of GST, Income Tax, FEMA and FDI regulations.

· Strong analytical and problem-solving skills.

· Commercial and business-oriented mindset.

· Strong working-capital and cash-flow management skills.

· Ability to understand operational processes and translate them into financial impact.

· Experience in cost control and performance management.

· Strong communication and presentation skills.

· Ability to work closely with Promoters, MD/CEO and business heads.

· High integrity and strong ownership mindset.

· Ability to operate effectively in a hands-on, entrepreneurial mid-sized organisation.

Preferred Background

· Precious metals / metal refining

· E-waste recycling

· Industrial waste recycling

· Metals & commodities

· Manufacturing / process industries

· Mining / mineral processing

· Chemicals / refining

· High-value inventory businesses

· Real estate / property development

· Diversified mid-sized private companies

Ideal Candidate Profile

· The ideal candidate should be a hands-on Finance Leader rather than a purely accounting-oriented professional.

· The candidate should be capable of moving seamlessly between Accounting → Tax → Compliance → Treasury → Cost Control → Business MIS → Working Capital → Commercial Analysis → Strategic Decision Support.

· The person should have the maturity to work directly with the Promoters/MD, the analytical ability to understand the economics of a precious-metal refining business, and the execution capability to establish strong financial discipline across the organisation.

· The role carries significant responsibility for financial control, profitability, cash generation, regulatory compliance and supporting the Company's next phase of growth.