
Chief Financial Officer
2 weeks ago
Location: Erode
Experience: 15+ years (Min. 5 years as CFO/Senior Finance Head in Construction)
Qualification: CA / MBA (Finance) / ICWA, CMA, CS
Reporting To: Managing Director
CTC: 2 lakhs to 4 lakhs
Job Summary:
We are seeking a strategic and dynamic CFO to oversee all financial aspects of our fast-growing construction company. The CFO will be responsible for financial planning, risk management, funding strategies, cost control, and compliance, ensuring the company's financial health and sustainable growth.
Key Responsibilities:
1. Financial Strategy & Business Growth
· Develop long-term financial strategies aligned with business goals.
· Analyse market trends, project feasibility, and investment opportunities.
· Advise the board on mergers, acquisitions, and joint ventures.
2. Financial Planning & Budgeting
· Lead annual budgeting, forecasting, and financial modeling.
· Monitor project-wise financial performance and profitability.
· Ensure optimal capital structure (debt-equity management).
3. Fundraising & Banking Relations
· Secure project financing (term loans, working capital, NBFC funding).
· Negotiate with banks, PE firms, and investors for better terms.
· Manage relationships with financial institutions and credit rating agencies.
4. Cost Control & Profitability
· Implement cost-reduction strategies without compromising quality.
· Oversee tendering, contract pricing, and bid evaluation.
· Monitor material, labor, and overhead costs across projects.
5. Financial Reporting & Compliance
· Ensure timely & accurate financial statements (monthly/quarterly/annual).
· Handle statutory audits, internal audits, and tax audits.
· Ensure compliance with GST, TDS, Income Tax, Companies Act, and Ind AS.
6. Cash Flow & Working Capital Management
· Optimize cash flow to ensure smooth project execution.
· Manage receivables, payables, and inventory efficiently.
· Prevent fund blockages and liquidity crises.
7. Risk Management & Internal Controls
· Identify financial risks (currency fluctuations, interest rate risks, project delays).
· Implement strong internal controls to prevent fraud & leakage.
· Ensure insurance coverage for projects (performance bonds, bank guarantees).
8. Taxation & Legal Compliance
· Oversee direct & indirect tax planning (GST, TDS, Corporate Tax).
· Handle litigation related to financial & contractual disputes.
· Ensure compliance with RERA, SEBI (if listed), and Labour Laws.
9. Team Leadership & Stakeholder Management
· Lead the finance, accounts, and taxation teams.
· Collaborate with project managers, legal teams, and procurement.
· Present financial reports to board members, investors, and banks.
Required Skills & Competencies:
Strong financial analysis & business acumen
Expertise in construction accounting & project financing
Knowledge of ERP systems (SAP, Tally, Oracle)
Excellent negotiation & investor relations
Leadership & decision-making in high-pressure environments
Preferred Industry Background:
· Construction / Real Estate / Infrastructure
· EPC (Engineering, Procurement, Construction) Firms
· Industrial / Large-Scale Project Developers
Job Types: Full-time, Permanent
Pay: ₹200, ₹400,000.00 per month
Benefits:
- Cell phone reimbursement
- Health insurance
- Provident Fund
Ability to commute/relocate:
- Erode, Tamil Nadu: Reliably commute or planning to relocate before starting work (Preferred)
Application Question(s):
- What is Your Current CTC?
- What is Your Expected CTC?
Education:
- Master's (Required)
Experience:
- Finance and Accounts: 10 years (Preferred)
- Financial planning: 5 years (Preferred)
Language:
- English (Required)
- Hindi (Required)
License/Certification:
- Chartered Accountant (Required)
- ICMAI CMA (Required)
- Company Secretary (Required)
Location:
- Erode, Tamil Nadu (Required)
Willingness to travel:
- 25% (Required)
Work Location: In person
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