To provide strategic and operational leadership across all areas of finance and accounts, including budgeting, financial control, statutory compliance, working capital management, banking and funding, taxation, audit management, ERP integration, cost optimization, and profitability analysis. The GM - Finance will play a key leadership role in supporting Anshika Fasteners' vision to scale from 90 Cr to 500 Cr in revenue.
Key Responsibilities:
1. Financial Planning, Budgeting & Business Partnering
Lead preparation of
annual budgets, quarterly forecasts
, and
long-term financial plans
.
Collaborate with department heads (Sales, Production, SCM, HR) to align business plans with financial goals.
Provide detailed
variance analysis
, cost vs. budget performance, and trend forecasting.
Support the Board in
strategic decision-making
with data-driven insights and projections.
2. Accounts Finalization & Financial Reporting
Ensure timely
monthly, quarterly, and annual closing of books
as per Indian GAAP/IND-AS.
Finalize
trial balances, ledgers, depreciation schedules
, and fixed asset registers.
Generate
segment-wise P&L
, fund flow, cash flow statements, and management dashboards.
Oversee
inventory accounting
, job work accounting, and intercompany reconciliations.
3. Statutory Compliance & Audit Management
Full ownership of compliance under:
Income Tax, GST, TDS, PF/ESIC, Companies Act, Labour Cess, E-invoicing
Oversee:
Internal audits
,
Statutory audits
,
GST audits
, and
Tax audits
Coordinate closure of queries, notices, and assessments from government departments.
Ensure digital and physical documentation is audit-ready and accessible.
4. Taxation & Corporate Governance
Timely filing of
GST returns, TDS returns, Advance Tax
, and
Income Tax returns
.
Optimize tax outflow through
tax planning
, rebate analysis, and compliance structuring.
Coordinate
transfer pricing documentation
and cross-border transaction compliance (if applicable).
Handle
compliances for Directors
, related party transactions, and ROC filings.
5. Treasury, Banking & Fund Management
Manage relationships with banks and FIs to maintain:
Working capital lines, BGs, LCs, and term loans
Prepare and submit
CMA data, project reports
, and bank documentation.
Oversee
daily fund planning
, vendor payments, and receivable collections to ensure
liquidity
.
Explore and structure new financing lines for
capex, exports, or buyer's credit
.
6. Costing, Margin Analysis & Profitability
Implement and maintain accurate
product costing systems
, with BOM and overhead allocation.
Conduct
profitability analysis
at product, customer, and segment levels.
Monitor input cost fluctuations and their impact on pricing decisions.
Recommend cost optimization initiatives in procurement, production, logistics, and energy usage.
7. ERP Integration & Digital Finance
Lead finance module implementation of the
ERP system (Tally/Oracle/SAP/Custom)
.
Ensure:
All transactions are mapped digitally
GLs are auto-updated
Cost centers and projects are tracked
Develop real-time financial dashboards and alerts for approvals, limits, and delays.
8. Export Finance & Incentives (If applicable)
Manage:
Export invoicing, realization, EEFC accounts
, and
currency hedging
(if needed)
Handle:
Duty drawback, RoDTEP, EPCG tracking, and DGFT documentation
Coordinate with shipping and CHA for export documentation & compliance.
9. Internal Controls & Risk Management
Set up
internal controls, DOA (delegation of authority)
, and approval processes.
Establish SOPs for cash handling, vendor payments, asset disposal, and purchases.
Conduct regular
risk assessments and fraud prevention audits
.
Implement compliance calendars and checklist reviews.
10. Team Leadership & Organizational Development
Build and lead a high-performing
finance & accounts team
, including:
Accountants, cashiers, dispatch billing, and finance analysts.
Implement a
performance review system
with monthly KPIs and training needs.
Create succession planning, cross-training, and rotation policies.
11. Stakeholder Reporting & Board Communication
Prepare investor/board-level presentations on financial health, KPIs, and strategic recommendations.
Support decision-making on
capex, JV, acquisitions, and expansion
plans with cost-benefit analysis.
Coordinate with external consultants, lawyers, and secretaries for corporate matters.
Candidate Profile:
Education:
Chartered Accountant (CA) - Mandatory
Additional MBA in Finance/Cost Accountancy (ICWA) is an added advantage
Experience:
12-18 years in a
manufacturing/engineering/automotive
company with proven leadership in Finance & Accounts
Key Skills:
Financial planning and cost control
Audit and tax compliance (GST, Income Tax, ROC)
Banking and funding strategies (including CMA/Term Loans/LC/BG)
ERP & automation initiatives
Business partnering and commercial negotiation
Strong team leadership and decision-making abilities
Key Attributes:
High integrity and confidentiality
Strategic outlook with operational control
Analytical thinking and financial rigor
Excellent communication and presentation skills
Ability to perform under pressure and meet deadlines
Growth Path:
Promotion track to
Chief Financial Officer (CFO)
or
Director - Finance
based on leadership, strategic contribution, and company growth outcomes.
Job Type: Full-time
Pay: ₹50,000.00 - ₹70,000.00 per month
Schedule:
Day shift
Weekend availability
Supplemental Pay:
Overtime pay
Yearly bonus
Education:
Master's (Required)
Experience:
total work: 8 years (Required)
Work Location: In person
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