Head Business Finance (Job Code: NSC000143)

Job Summary

We are seeking a Head Business Finance for a leading Engineering firm to robust financial governance, operational excellence, and transparency befitting a soon-to-be-listed public enterprise.

Job Profile:

The role reports directly to the CFO with a dotted line to the CEO, and is designed as a structured succession plan leading to the Chief Financial Officer position within 6–8 months after listing.
Receivable Management & Cash-Flow Discipline
Take full ownership of receivable and collection management across business units.
Ensure timely billing, certification, and collection; implement structured DSO reduction programs.
Align project execution milestones with cash-flow planning; lead weekly review cycles with business heads.
Create dashboards for outstanding monitoring and ageing control at both project and client level.
SOP Development & Process Governance
Frame, document, and implement Standard Operating Procedures (SOPs) for all finance processes: purchase-to-pay, order-to-cash, expense control, and month-end closing.
Define and institutionalize Delegation of Authority (DoA) matrices and approval hierarchies.
Ensure policy adherence, documentation discipline, and audit readiness across all units.
ERP Transition & Systems Integration
Lead the ERP (Microsoft Business Central / SAP) transition project for finance and business modules.
Drive standardization of chart of accounts, approval workflows, and reporting structures.
Collaborate with IT, procurement, and operations teams to achieve process automation and real-time financial visibility.
Act as functional owner for ERP adoption, data integrity, and audit trail creation.
Financial & Statutory Approval of Purchase Orders
Review and approve purchase orders and work orders for budgetary, financial, and statutory compliance.
Validate rates, funding availability, and adherence to internal cost and tax norms.
Ensure POs comply with company SOPs, tender terms, and audit requirements before release.
Business-Unit Accounts Closing & MIS Reporting
Oversee month-end / quarter-end closing for all business units.
Review accruals, provisions, and reconciliations to ensure accuracy and completeness.
Coordinate with internal / statutory auditors for smooth audits and timely sign-offs.
Consolidate project-wise profitability, fund-flow, and variance MIS for management and board reporting.
Business Partnering & Strategic Support
Work closely with CFO and CEO on budgeting, forecasting, and investor communications.
Support board-pack preparation, quarterly result consolidation, and compliance documentation.
Integrate operational KPIs with financial outcomes to drive profitability and performance improvement.
CFO Transition Responsibilities (Post-Listing, 6–8 Months)
Assume group-level financial leadership covering accounting, treasury, and investor relations.
Ensure statutory compliance under SEBI (LODR), Ind AS, and the Companies Act.
Manage working capital, treasury operations, and capital structure optimization.
Lead enterprise risk management, audit committee interactions, and governance frameworks.
Build a future-ready finance organization equipped for automation and data-driven decision making.

Requirements:

Qualification: Chartered Accountant (CA) / CPA / MBA (Finance)
Head Business Finance Experience: 12–18 years of progressive finance experience in infrastructure, EPC, or manufacturing environments
Mandatory Exposure:
Receivable & fund-flow management
ERP transition (BC / SAP)
Financial & statutory vetting of POs / WOs
Accounts closing and audit coordination
SOP implementation and process governance
Experience in IPO / listed-entity reporting preferred
Key Competencies
Strong command over business / project finance, accounting standards, and compliance.
Deep process and systems orientation with ability to institutionalize discipline.
Excellent analytical, communication, and stakeholder-management skills.
Proficiency in ERP and analytical tools (Business Central / SAP / Power BI).
Integrity, strategic foresight, and ability to operate in a high-governance environment

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