Chief Financial Officer

2 weeks ago

Chennai Tamil Nadu, India Powerol Energy Systems Full time

**Job Title**: Chief Financial Officer (CFO) - Manufacturing Unit
**Location**: Chennai
**Reports To**: Managing Director / CEO
**Qualification**: Chartered Accountant (CA)
**Experience**: Minimum 15 years, with at least 5 years in a leadership role in manufacturing

**Job Summary**:
The CFO will lead the financial strategy, planning, and management for the manufacturing unit. As a key member of the executive team, the CFO will provide sound financial advice, ensure compliance with statutory requirements, oversee financial operations, and contribute to long-term strategic decision-making.

**Key Responsibilities: Financial Strategy & Leadership**:

- Develop and execute financial strategies aligned with business goals.
- Provide strategic recommendations to the CEO/MD and executive team.
- Lead annual budgeting, forecasting, and financial planning processes.

**Financial Management & Reporting**:

- Ensure accurate, timely financial statements and management reports.
- Oversee month-end and year-end closure processes.
- Analyse financial performance, identify trends, and provide actionable insights.

**Cost Control & Operational Efficiency**:

- Monitor manufacturing costs and implement cost-reduction initiatives.
- Improve working capital management (inventory, receivables, payables).
- Evaluate capital expenditures and ROI on new projects and machinery.

**Compliance & Risk Management**:

- Ensure compliance with statutory and regulatory requirements (Companies Act, GST, Income Tax, etc.).
- Coordinate audits (internal, statutory, and tax) and interface with auditors and regulatory bodies.
- Establish internal controls and risk mitigation policies.

**Treasury & Fund Management**:

- Manage cash flow, banking relationships, and fund requirements.
- Optimize capital structure and funding options.
- Monitor forex exposure, hedging, and investment strategies.

**ERP & Systems Oversight**:

- Lead financial digitization initiatives including ERP implementation/improvement.
- Drive automation in reporting and analytics.

**Team Leadership**:

- Lead, mentor, and develop the finance and accounts team.
- Promote a culture of accountability and continuous improvement.

**Qualifications & Skills**:

- Chartered Accountant (CA) with strong financial acumen.
- Proven experience in a manufacturing or industrial environment.
- Expertise in cost accounting, budgeting, and financial analysis.
- Deep understanding of compliance, taxation, and financial regulations.
- Strong leadership and interpersonal skills.
- Proficiency in ERP systems (SAP/Oracle/MS Dynamics) and advanced Excel skills.
- Strategic thinking with hands-on execution ability.

**Preferred Attributes**:

- Exposure to lean manufacturing or Six Sigma methodologies.
- Experience with M&A, due diligence, and corporate restructuring.
- Ability to work in a fast-paced, dynamic environment.

Pay: ₹123,789.00 - ₹253,807.53 per month

**Benefits**:

- Health insurance
- Paid time off
- Provident Fund

Schedule:

- Day shift

Work Location: In person

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