Leading Steel Manufacturing Group
Job Summary:
The General Manager - Finance is responsible for overseeing the financial operations of the steel company, ensuring financial health, compliance with regulations, and strategic financial planning. This role requires a deep understanding of financial management, cost control, budgeting, risk management, and investment strategies, particularly within the steel or manufacturing sector.
Key Responsibilities:
Financial Strategy & Planning:
- Develop and implement financial strategies aligned with the company’s business goals.
- Provide financial insights and recommendations to the senior management for decision-making.
- Oversee long-term financial planning, forecasting, and capital investment decisions.
Financial Management & Reporting:
- Manage the preparation of financial statements, budgets, and financial reports.
- Analyze financial data, trends, and key performance indicators (KPIs) to improve profitability.
- Ensure timely and accurate financial reporting in compliance with accounting standards (GAAP/IFRS).
Cost Control & Efficiency:
- Monitor and control operational costs, raw material procurement costs, and production expenses.
- Implement cost reduction strategies while maintaining efficiency and quality.
- Optimize working capital management, including inventory and cash flow.
Taxation & Compliance:
- Ensure compliance with tax regulations, GST, income tax, and other statutory requirements.
- Liaise with tax authorities and auditors for financial audits and tax assessments.
- Maintain compliance with company law, SEBI regulations (if applicable), and financial governance standards.
Risk Management & Internal Controls:
- Identify financial risks and implement risk mitigation strategies.
- Strengthen internal controls, SOPs, and financial policies to prevent fraud and mismanagement.
- Monitor financial compliance with corporate governance and industry regulations.
Banking, Treasury & Fund Management:
- Manage relationships with banks, financial institutions, and investors.
- Oversee fund-raising activities, loan negotiations, and credit facility management.
- Optimize treasury management, cash flow, and investment strategies.
Team Leadership & Development:
- Lead and mentor the finance team, ensuring high performance and skill development.
- Foster a culture of accountability, efficiency, and ethical financial management.
- Coordinate with cross-functional teams for financial planning and cost control.
Educational Background:
- CA (Chartered Accountant) / CFA / MBA (Finance) / ICWA (Cost Accountant)
- Additional certifications in finance, risk management, or taxation are a plus.
Experience:
- 12-20 years of experience in finance, with at least 5+ years in a leadership role.
- Prior experience in a steel, manufacturing, or heavy industry is highly preferred.
Technical Skills:
✅ Strong knowledge of financial reporting, accounting principles, and tax laws.
✅ Experience in cost accounting, pricing, and financial analysis in the steel or manufacturing industry.
✅ Expertise in budgeting, forecasting, and cash flow management.
✅ Proficiency in ERP systems (SAP, Oracle, Tally) and financial software.
✅ Knowledge of capital markets, fundraising, and investment strategies (if applicable).
Soft Skills:
✅ Leadership & Team Management – Ability to lead a team and drive financial excellence.
✅Strategic Thinking – Capability to align financial strategies with business growth.
✅Decision Making – Strong analytical and problem-solving skills for business decisions.
✅Communication & Negotiation – Ability to communicate financial insights and negotiate with stakeholders.
✅Attention to Detail – Accuracy in financial analysis, reporting, and compliance.
Net Savings in the range of $3500 - $4000 + Family Status
