Chief Finance Officer in Manufacturing Industry

3 weeks ago


Udaipur, Rajasthan, India DCS Group Full time
Job Description:

As a key member of the DCS Group executive team, the Chief Finance Officer will play a critical role in guiding the financial strategy and operations of the organization. This is a full-time position offering a competitive salary range. The ideal candidate will have 12+ years of experience in a senior finance role, preferably in the manufacturing industry, with a proven track record of financial management and strategic planning. Key responsibilities include creating and presenting financial and tax strategy recommendations to the CEO, spearheading financial operations, and formulating policies for effective financial performance. The CFO will also oversee cash flow, cash management, working capital, and long/short-term funds, and play a key role in financial reporting and analysis. The successful candidate will be able to thrive in a fast-paced and dynamic environment, with leadership and team management skills, excellent analytical and problem-solving skills, and the ability to communicate complex financial information to non-financial stakeholders. The ideal candidate will have experience in managing relationships with external partners and stakeholders, and will be able to grasp and adapt to changing business environments to control costs and communicate the same through MIS to higher management/BOD. The role requires a CPA/CFA/CA/CW certification, and the candidate will be required to participate in operational initiatives turnaround management and reorganization. The successful candidate will be able to deliver results in growth, revenue, operational performance, and profitability, and will be able to track productivity and quality metrics (KPIs) to ensure operational efficiency. An overview of key responsibilities includes:

  • Create and present financial and tax strategy recommendations to the CEO
  • Spearhead financial operations of engineering services providing company
  • Take leadership of the whole finance and accounts department and provide guidance on operational and economic issues
  • Prepare annual budget for CAPEX and OPEX and monitor accounting process
  • Formulate and implement policies, procedures, and controls for the effective financial performance of the company
  • Audit and Analysis of financial data to provide relevant information for timely decision-making, ensure that internal and external audits are carried out effectively and timely
  • Support the financial planning, modelling and analysis of the data to create long-term/short-term business strategy and communicate the same to the BOD
  • Oversee cash flow, cash management, working capital, long/short term funds, liaising, and maintaining relationships with bankers and other financial institutions, and investors to negotiate interest rates, and other terms
  • Seeing other sources of funds/equity raising such as venture capital
  • Prepare financial statements and play a key role in financial reporting and analyze the same to identify opportunities and risks
  • Reporting annual business plan in consultation with the team to enhance business opportunities
  • Running process improvement, improving process capability, and efficiency and studying and correcting the variations
  • Must be able to grasp and adapt to changing business environment to control costs and communicate the same through MIS to higher management/BOD
  • Deliver results in growth, revenue, operational performance, and profitability
  • Strategies building for the effective conduct of financial transactions of the business and increasing overall profitability
  • Participate in operational initiatives turnaround management and reorganization
  • Track productivity and quality metrics (KPIs) to ensure operational efficiency


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