GROZ TOOLS - Head - Finance - CA

Finance Head - Finance Controller

Company: Accurate Products Corporation Pvt. Ltd. (Groz Group)

Location: Chennai, Tamil Nadu

Reporting To: Managing Director

Experience: 15 - 20 Years

Qualification: CA - Mandatory | MBA (Finance)

Industry: Automotive Components - Precision Engineering - Manufacturing

Role Overview:

We are looking for an experienced Finance Head - Finance Controller to lead the company's overall finance function and serve as a strategic business partner to the Managing Director and leadership team.

The role will be responsible for financial strategy, planning & analysis, manufacturing finance, costing, working capital, treasury, taxation, compliance, governance, MIS, digitisation and profitability improvement.

The incumbent will play a critical role in supporting business growth, improving financial discipline, optimising costs and working capital, evaluating investments and driving long-term value creation.

Key Responsibilities:

1. Financial Strategy & Leadership:

• Develop and execute financial strategies aligned with business growth objectives.
• Provide strategic financial insights and recommendations to the Managing Director and leadership team.
• Drive profitability improvement, cost optimisation and financial performance across manufacturing operations.
• Support business expansion, new projects, capacity enhancement, automation and diversification initiatives.
• Evaluate strategic opportunities including M&A, investments and business restructuring.
• Participate in pricing, investment and capital allocation decisions.

2. Financial Planning, FP&A & MIS:

• Lead annual budgeting, forecasting and long-range financial planning.
• Monitor business performance against budgets, forecasts and key financial/operational KPIs.
• Drive management reporting and establish robust MIS dashboards for timely decision-making.
• Analyse revenue, margins, manufacturing costs, overheads and profitability.
• Identify cost optimisation and productivity improvement opportunities.
• Strengthen cash-flow forecasting and ensure adequate liquidity.
• Identify and manage financial, credit, operational and business risks.

3. Manufacturing Finance & Cost Control:

• Lead manufacturing finance, product costing and cost-control initiatives.
• Monitor raw material consumption, inventory valuation, scrap, production variances and manufacturing overheads.
• Analyse product/customer profitability and identify margin improvement opportunities.
• Drive inventory optimisation and working-capital efficiency.
• Partner with Plant, Operations, Procurement and Sales teams to improve profitability.
• Evaluate CAPEX proposals, investment cases and ROI/payback analysis.

4. Treasury & Banking:

• Oversee cash, liquidity and working-capital management.
• Manage banking relationships, fund requirements, credit facilities and working-capital limits.
• Optimise financing costs and banking arrangements.
• Monitor receivables, payables and overall cash conversion cycle.

5. Compliance, Audit & Governance:

• Ensure compliance with applicable direct and indirect taxation, Companies Act, GST, statutory and regulatory requirements.
• Lead statutory, internal and tax audits and ensure timely closure of audit observations.
• Establish strong financial controls, processes and governance frameworks.
• Ensure accuracy, integrity and transparency of financial reporting.

6. Business Systems & Digitisation:

• Drive finance-process automation, digitisation and internal control improvements.
• Strengthen ERP/financial systems and ensure effective utilisation of technology.
• Improve the quality, accuracy and timeliness of financial data and reporting.
• Identify opportunities for automation and process re-engineering across the finance function.

7. Team Leadership:

• Lead, develop and mentor the finance and accounts team.
• Build a high-performance finance organisation with clear accountability and controls.
• Strengthen financial capabilities across the organisation through business partnering and stakeholder engagement.

8. Business Partnering & Operational Excellence:

• Partner with Manufacturing, Procurement, Sales, HR and other functions to improve operational efficiency and profitability.
• Provide financial insights to support business decisions and strategic initiatives.
• Challenge business assumptions through data-driven financial analysis.
• Drive a culture of cost consciousness, financial discipline and continuous improvement.

Candidate Profile:

Education:

• Chartered Accountant (CA) - Mandatory.
• MBA (Finance) will be an added advantage.

Experience:

• 15 - 20 years of relevant finance experience.
• Minimum 5 years in a senior finance leadership - controllership role.
• Strong experience in manufacturing finance, costing, FP&A and business partnering.
• Experience in automotive, engineering or industrial manufacturing will be preferred.

Key Skills & Competencies:

• Strategic Financial Management
• Manufacturing Finance & Costing
• FP&A, Budgeting & Forecasting
• Working Capital & Cash Flow Management
• Treasury & Banking
• Taxation & Regulatory Compliance
• MIS & Management Reporting
• Cost Optimisation & Profitability Improvement
• CAPEX Evaluation & ROI Analysis
• ERP - Finance Systems & Digitisation
• Risk Management & Internal Controls
• Team Leadership & Stakeholder Management
• Strong analytical and problem-solving ability
• Excellent communication and presentation skills
• High level of integrity and governance orientation
• Ability to translate financial data into actionable business insights

Preferred Industry Exposure:

• Automotive Components
• Precision Engineering
• Engineering - Industrial Manufacturing
• OEM Supplier Ecosystem
• Export-oriented Manufacturing

Language Proficiency:

• English - Proficient | Tamil - Preferred