General Manager – Finance & Accounts

About the job

Role Overview The General Manager – Finance & Accounts will lead and manage all financial, accounting, compliance, and audit-related activities at the shipyard. The role requires strong leadership, strategic thinking, and hands-on expertise to ensure robust financial governance, timely reporting, and effective support to the senior management team in achieving business goals. Key Responsibilities 1. Strategic Leadership & Management Support • Provide critical financial insights and support to the CEO and CFO to help achieve organizational and business goals. • Offer financial concurrence on commercial proposals, including purchase orders and work orders. • Support bidding processes by providing financial data, evaluating cost implications, and validating bid proposals. • Develop the Finance, Accounts, Taxation, and Compliance teams by identifying training needs, enhancing competencies, and motivating talent to meet future organizational requirements. 2. Financial Accounting & Operations Management • Oversee the end-to-end functioning of the Finance & Accounts department at the shipyard. • Ensure accurate and timely accounting of income, expenses, inventory, and fixed assets. • Manage and monitor smooth banking operations, including timely fund transfers between the shipyard and Mumbai. • Implement effective payment controls and ensure adherence to governance practices across the department. 3. Budgeting, Costing & Project Control • Prepare the Company’s Annual Budget and conduct regular reviews of project budgets. • Provide guidance and support in costing, budgeting activities, and resource planning. 4. Audit, Internal Controls & Governance • Ensure timely completion of statutory audits of shipyard operations. • Facilitate internal audits (in-house and external), including implementation of corrective and preventive actions (CAPA). • Strengthen internal financial controls (IFCs) and maintain proper documentation. • Establish and sustain strong maker–checker mechanisms to minimize audit observations in pre-audit, internal audit, statutory audit, and ISO audit processes. 5. Reporting, MIS & Systems • Develop and refine MIS reports according to management requirements. • Review all MIS reports before submission to senior leadership. • Approve WOs/POs within SAP as per authorization limits defined by management. • Develop and implement department manuals and standard operating procedures (SOPs) for all accounting-related activities. 6. Taxation, Compliance & Regulatory Affairs • Ensure accurate and timely filing of indirect tax returns and manage related litigation effectively. • Ensure compliance with EOU & SEZ requirements, including timely filing of returns, obtaining approvals, and managing litigation. • Ensure compliance with all applicable commercial laws, such as Taxation Laws, Companies Act, FEMA, and others as applicable. • Manage interactions with bankers, lenders, and various regulatory authorities during visits and audits.

Qualifications

• Chartered Accountant (CA)
• Minimum 14+ years of post-qualification experience in Finance, Accounts, Audit, Taxation, and Compliance
• Hands-on experience working in SAP (FICO and related modules)

About the company

Swan Defence and Heavy Industries Limited (SDHI) is a leading shipbuilding and heavy fabrication company in India. Strategically located on the west coast of India, the shipyard operates the country’s largest dry dock (662m x 65m) and has an impressive fabrication capacity of 144,000 tons per annum – providing an unmatched advantage in fulfilling India’s maritime and industrial ambitions. SDHI is committed to innovation, excellence, safety, and sustainability.