Chief Financial Officer

5 days ago

Chennai GPO Chennai Tamil Nadu, India Powerol Energy Systems Full time ₹ 15,00,000 - ₹ 35,00,000 per year

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.

Job Type: Full-time

Pay: ₹123, ₹253,807.53 per month

Benefits:

  • Health insurance
  • Paid time off
  • Provident Fund

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