Chief Financial Officer

4 weeks ago

Coimbatore India The Chennai Silks Full time

Job Description Job Title: Chief Financial Officer (CFO) Company: The SCM Silk (The Chennai Silk Group) Location: Tirupur, Tamil Nadu Department: Finance & Accounts Reports To: Managing Director / CEO Job Summary: The Chief Financial Officer (CFO) will be responsible for overseeing all financial operations, strategic financial planning, risk management, and corporate governance of The SCM Silk. The role requires a strong leader with deep expertise in financial strategy, budgeting, cost control, and complianceensuring the company's financial health supports its long-term business goals in the textile and apparel supply chain industry. Key Responsibilities:1. Strategic Financial Management - Develop and implement financial strategies aligned with the company's vision and growth plans. - Lead financial forecasting, budgeting, and variance analysis. - Provide strategic recommendations to the MD and senior management based on financial analysis and projections. 2. Financial Operations & Control - Oversee all accounting, financial reporting, and internal control systems. - Monitor cash flow, receivables, and payables to ensure optimal liquidity and working capital. - Ensure accurate and timely preparation of MIS, P&L, and balance sheet reports. 3. Compliance & Governance - Ensure compliance with statutory requirements under Companies Act, Income Tax, GST, and other financial regulations. - Coordinate with auditors, consultants, and government bodies for audits and regulatory filings. - Implement robust risk management and internal control frameworks. 4. Cost & Profitability Management - Drive cost optimization across operations, procurement, and production processes. - Conduct profitability analysis by division, project, or product line. - Oversee pricing strategies and financial feasibility for new business initiatives. 5. Leadership & Team Management - Lead and mentor the Finance, Accounts, and Audit teams. - Establish a culture of accountability, transparency, and continuous improvement. - Collaborate cross-functionally with Operations, HR, SCM, and Project teams for financial alignment. 6. Banking & Investor Relations - Manage relationships with banks, financial institutions, and investors. - Oversee fund management, loan documentation, and treasury operations. - Support fund-raising and capital allocation decisions as required. Qualifications & Requirements: - Chartered Accountant (CA) or Cost Accountant (ICWA) mandatory. - 1015 years of progressive experience in Finance & Accounts, with at least 5 years in a senior leadership role. - Strong exposure to manufacturing, textile, or supply chain industries preferred. - In-depth knowledge of financial laws, taxation, and corporate governance. - Expertise in ERP / financial systems (SAP, Tally, or similar). - Excellent analytical, decision-making, and leadership skills. - Strong communication and stakeholder management abilities. Key Competencies: - Strategic Financial Planning - Business Acumen & Commercial Insight - Leadership & Team Development - Compliance & Risk Management - Analytical Thinking & Problem Solving - Negotiation and Decision-Making

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