Cfo - Iron Ore Karnataka

Department
- Finance
- Job posted on
- Apr 11, 2025
- Employment type
- Executive

**Chief Financial Officer - Iron Ore Karnataka**
- Transformational leadership opportunity
- Location: Chitradurga - Karnataka

Vedanta, a future-focused and growth-oriented company is a fully integrated producer of Oil & Gas, Zinc - Lead - Silver, Aluminium, Power, Iron Ore & Steel, Copper, Nickel, Cobalt, Ferro-chrome and Manganese, with a fast growing metal recycling capacity, and a broad range of critical minerals. We are a dominant player in power generation, transmission, renewable energy solutions, optical fibre, display glass and soon semiconductors. With our world class, low-cost and long-life assets, Vedanta contributes 1.4% towards India’s GDP.

Vedanta’s Sesa Goa Business caters to the requirements of the Iron & Steel supply chain. We produce Iron Ore, Pig Iron and Coke. It comprises of Iron Ore Goa, Iron Ore Karnataka, Iron Ore Odisha, Value Added Business, Sesa Cement and Sesa Coke - Gujarat & Maharashtra. The Sector has a unique competitive advantage of having operations in 5 States.

Iron Ore Karnataka (IOK) has seen significant growth by tripling its volumes from 2.2 MT to 7.2 MT in the last few years and has a potential to become the largest Iron Ore mining company in the state of Karnataka.

**Roles and Responsibilities**:

- Partner with the growth vision and be a key driver in achieving the cost reduction and NSR maximization.
- Be part of BU EXCO, leading strategic decision-making and ensuring effective governance.
- Oversee financial planning, modeling, and execution, covering business planning, budgeting, MIS, and costing.
- Drive sustaining CAPEX & be involved in execution of Beneficiation plants.
- Responsible for driving highest order of governance, ethics, compliance and transparent reporting managing business risk.
- Actively get involved in commercial finalization of key contracts in line with the business plan delivery.
- Collaborate with auditors and stakeholders to improve Tier score.
- Drive NSR initiatives to deliver EBITDA margin of Business.

**Qualification & Experience**:
CA / MBA Finance / CMA with 10+ yrs. of relevant experience.

**What do we offer**:

- Outstanding remuneration and best-in-class rewards.
- As an equal opportunity employer, Vedanta offers a truly global work culture. We are proud of our diverse workforce and global best-in-class people practices.