Head of Finance and Accounting Full Time NEW

About the Company:

Palvi Industries Limited is a leading manufacturer of Molybdenum Chemicals, committed to operational excellence and sustainable growth. We are looking for a dynamic and experienced finance leader to head our Finance, Accounts, and Commercial functions.

Role Overview:

The Head – Finance & Accounts will be responsible for leading the finance, accounts, commercial, and supply chain functions of the organization. This is a senior leadership role requiring a strategic mindset, strong commercial acumen, and deep expertise in financial management within a manufacturing environment.

Key Responsibilities:

• Lead and oversee finance, accounts, commercial, and supply chain functions; set financial objectives and implement policies, procedures, and internal controls.
• Formulate and execute business and financial strategies to maximize profitability and achieve organizational goals.
• Oversee preparation and review of annual and periodic financial statements for management.
• Play a key role in Private Equity fundraising by preparing accurate financial data, projections, MIS, and investor presentations.
• Lead commercial operations covering procurement planning, vendor development, rate negotiations, contract finalization, and pricing.
• Manage end-to-end supply chain operations including inventory planning, coordination with production and logistics teams, and ensuring uninterrupted availability of raw materials.
• Develop and monitor MIS and management reports to track key business indicators and support strategic decision-making.
• Manage day-to-day cash flow, working capital requirements, and fund utilization across operations.
• Liaise and negotiate with banks to raise finance at favorable terms under multiple banking arrangements.
• Coordinate with credit rating agencies (CARE, CRISIL) for rating of banking facilities in compliance with RBI Basel norms.
• Oversee foreign currency exposure and hedging strategies to mitigate exchange risk and optimize finance costs.
• Plan and implement robust internal control frameworks across multiple manufacturing plants.
• Monitor operational expenditure and lead financial planning initiatives to improve cost control and profitability.
• Coordinate with systems/IT teams for SAP and process enhancements.
• Act as key liaison with Statutory Auditors, Internal Auditors, Cost Auditors, IFC Auditors, Transfer Pricing Auditors, and tax authorities for audits, assessments, and regulatory matters.
• Ensure end-to-end ROC compliances including AOC-4, MGT-7, MGT-14, PAS-3, DIR-3 KYC, and MCA portal filings.
• Manage receivables and payables to ensure adequate cash flow for organizational requirements.
• Assist the Managing Director in developing new projects and achieving the organization’s strategic mission.

Qualifications & Experience:

• Qualified Chartered Accountant (CA) — mandatory
• Minimum 10 years of post-qualification experience in manufacturing industries
• Strong knowledge of banking operations, fundraising, and working capital management
• Experience with CARE/CRISIL ratings and RBI Basel norms
• Proficiency in SAP and MIS reporting
• Excellent leadership, negotiation, and stakeholder management skills

Compensation:

Negotiable as per experience.

How to Apply:

• Interested candidates are invited to share their updated CV at hr@palvichemical.com