Chief Financial Officer

5 days ago

Coimbatore, Tamil Nadu, India The Chennai Silks Full time ₹ 8,00,000 - ₹ 12,00,000 per year

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 compliance—ensuring 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.
  • 10–15 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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