Chief Financial Officer

5 days ago

Mumbai, Maharashtra, India Personnel Search Services Group Full time ₹ 1,50,00,000 - ₹ 2,50,00,000 per year

About the client: PSS
has been mandated to hire a
Chief Financial Officer (CFO)
for a billion-dollar diversified conglomerate manufacturing a varied range of consumer, industrial, and building material products.

Job Purpose
To lead the finance function and support the delivery of annual business plans and budgets by sourcing and arranging funds to ensure achievement of its financial targets. Ensure excellence in financial management in minimizing financial risk, adherence to budget, and cost saving, as well as compliance with regulatory norms

Key Responsibilities

  • Develop company budget, annual business plan, and fund management plan in coordination with Stakeholders
  • Working capital management, analysis of funds, and various banking requirements to develop a fund allocation and management strategy
  • Leading finance, accounting, treasury, internal audit, and internal controls, and realigning processes as required.
  • Overseeing timely and accurate accounting at multiple plants and ensuring the timely disbursement of funds
  • Oversee Banking activities such as deals, negotiations, and conflict resolution in coordination with the group's finance function
  • Ensure Timely reporting and maintenance of MIS. Analyse actual vs. budgets and report variances
  • Oversee the month-end, year-end, and periodical reporting of various Cost Management Projects and initiatives
  • Cost Allocation and Budget Control - Provide advice to various departments on cost control/optimization (through data monitoring and analysis)
  • Ensure legal and secretarial compliance with all relevant local regulations and statutory requirements in order to minimize the company's risk exposure and liabilities.
  • Financial Controlling and CAPEX Control and Monitoring-Cost within defined and approved Nos.
  • Corporate Governance and Compliance, MIS & Budget Controls. Inventory Control and Monitoring.
  • Internal Controls and Risk Management - No deviations from GAM and process guidelines

Skills and Qualification Requirements:-

  • CA or master's degree in finance from a premium business school.
  • 15-20 years of experience with 4-5 years in a leadership role
  • Manufacturing industry and controllership experience are a must.
  • Strong knowledge of audit, compliance, and internal controls.
  • Excellent problem-solving, decision-making, analytical skills, and attention to detail.
  • Strong leadership and communication skills.
  • Ability to work collaboratively across departments.

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