Chief Financial Operations Manager

2 weeks ago

Nagpur, Maharashtra, India beBeeFinance Full time ₹ 15,67,890 - ₹ 23,45,678

Financial Leadership Role

Job Overview:

We are seeking a Financial Director to lead and oversee our entire finance function, ensuring accurate financial reporting, statutory compliance, effective cash flow management, and strategic financial planning.

The ideal candidate will be a qualified Chartered Accountant (CA) with proven experience in managing end-to-end accounts and finance operations within the manufacturing industry, preferably metals/steel.

Key Responsibilities:

  1. Financial Management & Strategy

  • Lead the financial planning, budgeting, and forecasting process.
  • Develop strategies to optimize cost, improve margins, and enhance profitability.
  • Monitor financial performance against business goals and provide insights for decision-making.

  1. Accounts & Reporting

  • Ensure timely and accurate preparation of financial statements (P&L, Balance Sheet, Cash Flow).
  • Manage day-to-day accounting operations and oversee accounting team performance.
  • Ensure compliance with Indian Accounting Standards (Ind AS) and applicable financial reporting standards.

  1. Compliance & Audit

  • Ensure compliance with statutory requirements including GST, Income Tax, TDS, ROC filings, and other applicable laws.
  • Liaise with statutory, internal, and tax auditors and ensure timely completion of audits.
  • Stay updated with regulatory changes impacting the manufacturing and metal sector.

  1. Treasury & Working Capital Management

  • Manage cash flows, banking operations, and fund utilization efficiently.
  • Oversee working capital management, credit control, and debtor management.
  • Build strong relationships with banks, financial institutions, and investors for fund raising and project financing.

  1. Cost Control & MIS

  • Implement effective cost accounting systems and monitor production-related costs.
  • Develop and present periodic MIS reports to management for financial performance tracking.
  • Support business units with financial analysis to aid in pricing, costing, and investment decisions.

  1. Team Leadership & Development

  • Lead and mentor the accounts & finance team, ensuring skill development and high performance.
  • Establish strong internal controls and processes across the department.
  • Foster a culture of integrity, compliance, and continuous improvement.

Requirements:

  • Qualification: Qualified Chartered Accountant (CA)
  • Experience: 8 - 15 year's post CA qualification experience in Accounts & Finance, with at least 5 years in a leadership role in manufacturing (preferably metals/steel sector)
  • Strong expertise in financial reporting, statutory compliance, cost control, and treasury management
  • Proven track record in handling audits, liaising with banks, and managing working capital
  • Excellent leadership, analytical, and decision-making skills
  • Proficiency in ERP systems and MS Office (Excel, PowerPoint)

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