Chief Financial Officer
12 hours ago
Job Title: Chief Financial Officer (CFO)
Reports To: Promoter & Managing Director
Location: Sahibabad/Noida, Uttar Pradesh (Corporate Office)
Industry: Manufacturing
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Job Summary:
The Chief Financial Officer (CFO) will be the principal financial and strategic leader for the organization, reporting directly to the Managing Director. This role requires an entrepreneurial, forward-thinking CA professional who can translate a progressive business vision into a robust financial roadmap. The CFO will be responsible for ensuring financial health, driving operational excellence across multiple manufacturing plants, managing global financial risks, and providing the data-driven insights necessary for the MD to make superior strategic decisions.
Key Roles and Responsibilities:
A. Strategic Financial Leadership & Partnership
- Partner directly with the MD on major strategic initiatives, including market expansion (domestic and international), new product line launches, and capital investment planning.
- Lead advanced Financial Planning & Analysis (FP&A) develop sophisticated financial models, rolling forecasts, and scenario planning to guide proactive decision-making.
- Evaluate and recommend high-ROI capital expenditures (CapEx) for plant and technology upgrades, aligning investment with long-term growth and efficiency goals.
- Define, track, and report on key KPIs (e.g., Gross Margin by SKU/Plant, Inventory Turnover, ROIC) to drive high performance and accountability.
B. Manufacturing & Operational Finance Excellence
- Implement and enhance world-class Activity-Based Costing (ABC) and Standard Costing systems to achieve granular visibility into COGS at manufacturing plants.
- Spearhead continuous cost reduction and process efficiency initiatives with Operations to improve conversion costs and maximize gross margins.
- Manage and optimize the working capital cycle, focusing on reducing DSO and balancing inventory without disrupting production flow.
C. Treasury, Risk Management & International Finance
- Develop and execute sophisticated hedging strategies to mitigate currency and commodity price volatility.
- Oversee treasury functions — banking relationships, cash flow forecasting, and liquidity planning.
- Lead structured debt financing efforts, explore alternative capital sources, and manage investor/banking relationships.
D. Financial Reporting & Governance (Indian & Global Standards)
- Ensure adherence to all Indian statutory laws, including the Companies Act, GST, Income Tax, and Ind AS.
- Oversee timely and accurate preparation of financial statements, management reports, and board presentations with a focus on international best practices.
- Drive ERP-based automation of financial processes, strengthen internal controls, and ensure audit readiness.
Profile & Qualifications:
A. Education & Certification
- Mandatory: Chartered Accountant (CA) from ICAI.
- Highly Preferred: Additional qualification such as CMA, CFA, or MBA in Finance.
B. Experience
- Minimum 15+ years in finance, with at least 5 years in a senior leadership role (CFO/Finance Director) in a mid-to-large scale manufacturing or chemical process industry.
- Proven expertise in cost accounting, operational finance, and gross margin enhancement in multi-plant/multi-product environments.
- Experience in managing forex risk, international trade finance, and working with global distributors/customers.
C. Required Competencies
- Strategic acumen to align finance with commercial and growth objectives.
- High data literacy; proficiency in financial technology and business intelligence tools.
- Excellent stakeholder management skills for collaboration with Board, MD, and cross-functional teams.
- Strong ethics, integrity, and leadership abilities to mentor a modern finance function.
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