- *Company:** Shri Mumma Food Industries Group
- *Industry:** Rice Milling \| Agro Commodities \| Trading \| Manufacturing \| Infrastructure \| New Ventures
- *Work Location:** Katni (Full\-time, In\-Person – Plant Based)
Compensation Structure
- *Fixed Salary:** ₹50,000\- 75000 (Based on capability \& experience)
- *Profit Share:** 1% of Annual PAT (Profit After Tax) *(for exceptional candidates, performance linked)*
Last year, total group profits exceeded **₹10\+ crore**, creating significant upside for the right person.
This is **not a standard finance role**. This is a **wealth\-creation, leadership, and business\-building opportunity** for someone who wants to build large\-scale systems and directly influence growth.
Location Clarity
- This role is strictly based in **Katni (Plant Location)**
- The company has an office presence in Mumbai, however **this role is not Mumbai\-based**
- Candidate must be willing to work **full\-time from Katni**
About the Group
Shri Mumma Food Industries Group is building a **high\-volume, process\-driven, and rapidly expanding business ecosystem** across:
- Rice Milling
- Agro Commodities
- Trading \& Distribution
- Infrastructure \& Energy Opportunities
- New Manufacturing \& Business Ventures
We are transitioning from **traditional accounting to institutional\-grade finance systems**, strong controls, structured reporting, and scalable financial infrastructure across the entire group.
We are looking for a **high ownership finance leader** who can think beyond accounting and help build the **financial backbone of a multi\-business group.**
Role Overview
We are hiring a **Group Head – Finance, Strategy \& Systems (Preferably CA / CFA / MBA Finance)** who will:
- Build complete **financial systems across the entire group**
- Design structured **MIS and management reporting**
- Create institutional\-grade **financial controls**
- Lead **project finance, debt structuring \& banking relationships**
- Raise funds from banks and financial institutions for new ventures
- Build scalable systems for future business expansion
- Support promoters in **strategic financial decision making**
This role is about **owning the financial architecture of the group**, not just bookkeeping or compliance.
Key Responsibilities1\. Financial Systems for Entire Group
Build complete financial systems across all businesses including
- Purchase systems
- Sales systems
- Inventory systems
- Costing systems
- Cash flow systems
- Budgeting \& forecasting systems
- Approval \& internal control mechanisms
Create standardized SOPs and ensure strict implementation across companies.
Move the group from **operator\-driven finance to system\-driven finance.**
2\. Group MIS \& Financial Visibility
Create robust **daily / weekly / monthly MIS systems** for promoters and management.
Track
- Profitability by business vertical
- Cost per quintal / unit economics
- Gross \& net margins
- Cash position
- Receivables \& payables
- Inventory movement
- Working capital utilization
- ROI on projects and investments
Provide **real\-time business intelligence** for decision\-making.
3\. Project Finance \& Banking
- *Specialized expertise required in Project Finance for Business Ventures.**
Candidate should have strong capability in
- Structuring funding for new business projects
- Preparing DPRs (Detailed Project Reports)
- Financial modelling \& projections
- Debt syndication
- Working capital enhancement
- Term loans \& capex financing
- Banking negotiations
- Fund raising from banks \& NBFCs
- Managing consortium / multiple banking relationships
Experience in obtaining finance for
- Manufacturing projects
- Industrial plants
- Renewable energy / infrastructure projects
- Expansion ventures
will be highly preferred.
The role requires someone who can **convert business ideas into bankable financial projects.**
4\. Cash Flow \& Working Capital Management
- Improve working capital efficiency
- Optimize receivables \& payables
- Build disciplined treasury systems
- Ensure strong liquidity planning
- Reduce unnecessary borrowing costs
5\. Cost Control \& Margin Improvement
- Identify leakages across businesses
- Improve cost tracking systems
- Strengthen financial discipline
- Increase operational profitability through controls
6\. Compliance, Audit \& Governance
- Oversee GST, TDS, Income Tax, ROC and statutory compliance
- Coordinate with auditors, banks, legal advisors \& external consultants
- Maintain clean, audit\-ready and bank\-ready books
7\. Inventory \& Operational Finance
- Track paddy → rice conversion economics
- Ensure accurate stock accounting
- Reconcile physical stock vs books
- Strengthen controls to prevent losses \& leakages
8\. Strategic Business Finance
Act as a finance partner to promoters in
- Evaluating new business opportunities
- Expansion planning
- Capital allocation decisions
- ROI evaluation
- Risk assessment
- Financial feasibility studies
Help create scalable structures for **future group expansion.**
9\. Team Building \& Leadership
- Build and lead finance \& accounts teams
- Develop discipline, ownership \& accountability
- Ensure timely and error\-free reporting
- Create a high\-performance finance culture
Ideal Candidate ProfileQualification
- CA preferred
- CFA / MBA Finance / Strong finance professionals may also apply
Experience
**7–20\+ years experience** preferred in
- Manufacturing
- Agro / Commodities
- Industrial businesses
- Group finance structures
Strong Expertise Required In
- Financial systems building
- Project finance
- Banking \& debt raising
- Financial modelling
- MIS \& reporting systems
- Inventory \& cost accounting
- Cash flow management
- GST \& compliance
- *Must have proven experience in building systems from scratch.**
Not Suitable For
- Compliance\-only accountants
- Pure bookkeeping professionals
- Low ownership mindset
- Candidates unwilling to relocate/work in Katni
- Professionals uncomfortable with plant\-based environments
Performance Metrics
Success in this role will be measured through
- Financial system implementation
- MIS accuracy \& speed
- Cash flow improvement
- Reduction in financial leakages
- Successful project financing closures
- Working capital optimization
- Better profitability visibility across businesses
Why This Role Matters
- Direct influence over the financial backbone of a **₹10\+ crore PAT group**
- Opportunity to build systems from the ground up
- Lead funding and expansion for future ventures
- High ownership role with promoter\-level visibility
- Long\-term wealth creation through performance\-linked upside
This role is for someone who wants to **build, not just manage.**
Joining
- *Immediate / within 30–45 days preferred**
Job Type
- *Work Location:** In Person – Katni
Pay: ₹568,897\.22 \- ₹1,926,043\.64 per year
Work Location: In person