India Acquisition-Finance Establishment Leader

The mandate

The acquired company currently closes through founder spreadsheets, standard costs do not reconcile to product margin and parent treasury visibility of operational cash is delayed. Statutory filings continue, but evidence and review are concentrated in two long-tenured employees. The business requires finance infrastructure that supports parent consolidation standards.

The interim must establish onsite Bengaluru leadership within ten days and serve for fifteen months through control repair and four parent-quality closes. Search for a permanent India finance executive begins after product margins, cash and consolidation reconcile for two consecutive quarters, expected in month eight. The successor will lead the fourth close, bank-control review and board forecast during six weeks of overlap.

Handover requires a finance charter across statutory books, cost and commercial finance, treasury, tax coordination, payroll and parent reporting; close must meet group materiality and timetable; bank authority and cash visibility must be current; and product margin must trace from bill of materials through ledger. The successor inherits filing calendars, judgement logs, unresolved tax inputs, controls, talent plans and integration debt.

The interim may stop an unsupported journal, redesign close ownership, require inventory and margin recount, revoke finance-system access and commit up to ₹30 crore within the approved integration budget. Legal-entity restructuring, tax positions, bank borrowing, transfer-pricing policy, plant investment and workforce actions require existing authorities. The India finance team owns preparation and challenge, while group policy approval remains abroad.

Manufacturing operations, enterprise ERP replacement, acquisition earn-out, commercial pricing and legal or tax opinions are outside the assignment. Scope is post-acquisition finance establishment, control, local-to-parent reporting, treasury visibility, decision support and succession. The interim cannot conceal business underperformance through acquisition accounting or permanent top-side adjustments.

Why this seat is open

The corrected consolidation exposed a finance function compliant enough to continue but not strong enough to scale under parent accountability, followed by leadership exit. Founder knowledge and group expectations remain disconnected. A temporary India finance operator can establish evidence through live cycles and leave local authority with a permanent leader.

What you will own

• Reconstruct statutory, management and parent-reporting flows from source transaction through review, consolidation and disclosure input.
• Repair product costing across materials, labour, overhead, scrap, intercompany content and purchase-accounting effects.
• Establish close, journal, reconciliation, estimate, inventory, payroll and access controls with named India owners.
• Integrate bank authority, daily cash visibility, payment control, liquidity forecast and parent treasury escalation.
• Build commercial-finance insight around product, customer, programme, capacity and working-capital economics.
• Lead four parent-quality closes and two forecast cycles while removing founder and top-side dependencies.
• Transfer account dossiers, judgement history, filing calendar, talent actions and integration backlog through successor-led reviews.

Candidate qualifications

• Established a complete India finance function after cross-border acquisition of a manufacturing or engineering business.
• Reconciled statutory books, product cost, cash and parent consolidation where founder systems carried hidden logic.
• Built India controllers and finance partners with authority to challenge operations and global accounting teams.
• Integrated banking, payment, tax-coordination and reporting control without disrupting local compliance or payroll.
• Eliminated recurring top-side adjustments through source-system ownership, evidence and accountable close routines.
• Handed finance establishment to permanent India leadership after observed board, forecast and close cycles.