Finance Head

Job Summary:

We are looking for a seasoned and strategic Head of Finance to lead and manage the financial operations of our construction business. The ideal candidate will have deep experience in project-based accounting, cost control, financial planning, and risk management within the construction or infrastructure industry. You will be a key member of the leadership team, ensuring financial health, regulatory compliance, and supporting business growth.

Key Responsibilities:Strategic & Financial Leadership

• Develop and implement financial strategies to support the company’s growth and profitability.
• Partner with the CEO and leadership team to support strategic initiatives, including project bidding and capital investment planning.
• Advise on long-term business and financial planning.

Project & Cost Accounting

• Manage job costing and project-based financial tracking, ensuring accurate allocation of direct and indirect costs.
• Monitor and analyze project budgets, actual costs, and profitability.
• Review work-in-progress (WIP) reports and ensure timely billing and revenue recognition.

Budgeting, Forecasting & Reporting

• Lead annual budgeting and quarterly forecasting processes.
• Provide detailed financial analysis and reporting for ongoing and completed projects.
• Ensure timely preparation of monthly, quarterly, and annual financial statements.

Cash Flow & Treasury

• Monitor project cash flow cycles and working capital requirements.
• Manage relationships with banks, financial institutions, and investors.
• Ensure timely invoicing, collections, and vendor payments.

Compliance & Risk Management

• Ensure compliance with tax regulations, labor laws, and statutory requirements relevant to the construction industry.
• Oversee audits and liaise with internal and external auditors.
• Identify financial risks in contracts and project execution; implement mitigation strategies.

ERP & Systems Oversight

• Oversee the implementation and optimization of financial modules in ERP systems (e.g., SAP, Oracle, Tally Prime, etc.).
• Ensure data accuracy and system integration across finance, procurement, and project management functions.

Team Development

• Build, lead, and mentor a high-performing finance and accounts team.
• Encourage a culture of accountability, transparency, and continuous improvement.

Key Requirements:

• Chartered Accountant (CA) or CPA; MBA in Finance is a plus.
• 10+ years of experience in finance, with at least 5 years in a senior finance role in the construction or infrastructure sector.
• Strong knowledge of construction industry-specific financial practices (job costing, project billing, contractor payments, retention, mobilization, etc.).
• Familiarity with construction contracts such as EPC, turnkey, FIDIC, etc.
• Experience with ERP systems and project management software (e.g., Primavera, MS Project).

Preferred Skills:

• Strong leadership and interpersonal skills.
• Excellent analytical, strategic thinking, and decision-making abilities.
• Working knowledge of legal and regulatory requirements in the construction industry.
• Ability to work under pressure and manage multiple projects simultaneously.

Job Type: Full-time

Pay: ₹50,000.00 - ₹70,000.00 per month

Benefits:

• Food provided

Education:

• Master's (Preferred)

Experience:

• Corporate finance: 5 years (Required)
• Finance & Accounts: 10 years (Required)
• Cost accounting: 10 years (Required)

Work Location: In person