Urgently required for the post of Chief Financial Officer

Experience: 12+ years
Salary Package: as per company norms
Notice Period: Immediate Joiner
Location: Vikhroli

Key Responsibilities

1. Financial Strategy & Business Planning

Develop and implement the company's overall financial strategy in line with business objectives.
Provide strategic financial advice to the Managing Director and management team.
Support business expansion, investment decisions, and long-term financial planning.
Evaluate profitability of different products, customers, projects, and business verticals.

2. Financial Planning, Budgeting & Forecasting

Lead annual budgeting and financial planning processes.
Prepare monthly, quarterly, and annual financial forecasts.
Monitor actual performance against budget and provide variance analysis.
Develop financial models for new projects, investments, and business opportunities.

3. Management Reporting & MIS

Ensure timely and accurate preparation of monthly MIS and management reports.
Present financial performance, profitability, cash flow, working capital, and key financial indicators to top management.
Establish and monitor financial KPIs.
Provide actionable insights based on financial and operational data.

4. Manufacturing Finance & Cost Control

Drive product costing, standard costing, job costing, and variance analysis.
Monitor manufacturing costs including raw materials, labour, power, overheads, and production expenses.
Analyse material consumption, wastage, scrap, rework, and production variances.
Work closely with Production, Purchase, Stores, Sales, and Operations to improve cost efficiency.
Identify opportunities for cost reduction and process improvement.

5. Working Capital & Cash Flow Management

6. Banking & Treasury

7. Accounts, Taxation & Compliance

Ensure accurate and timely closure of books of accounts.
Oversee statutory audits, internal audits, tax audits, and financial reporting.
Ensure compliance with GST, Income Tax, TDS, Companies Act, and other applicable regulations.
Coordinate with statutory auditors, tax consultants, legal advisors, and regulatory authorities.
Strengthen internal financial controls and compliance systems.

8. Internal Controls & Risk Management

Establish and strengthen financial policies, processes, and internal controls.
Identify financial and operational risks and develop mitigation plans.
Ensure proper authorization and control over expenses, purchases, payments, and investments.
Prevent financial leakages, fraud, and control weaknesses.

9. Capex & Investment Management

Evaluate and monitor capital expenditure proposals.
Conduct ROI / payback analysis for machinery, plant expansion, technology, and other investments.
Monitor actual CAPEX against approved budgets.
Support management in investment and expansion decisions.

10. ERP & Digital Finance

Drive effective use of ERP systems for finance, costing, inventory, purchase, sales, and production reporting.
Improve automation and accuracy of financial reporting.
Ensure proper integration between Finance and operational functions.
Use data analytics and dashboards for better decision-making.

11. Team Leadership

Lead and develop the Finance & Accounts team.
Establish clear KRAs and KPIs for the finance function.
Build a strong culture of accountability, accuracy, compliance, and timely reporting.
Mentor finance managers and senior team members.

Interested candidates please share with me your updated CV on humanresources@imcoalloys.com or whatsApp on 8693846044

Pay: ₹36,604.41 - ₹137,383.56 per month

Work Location: In person

Imco Alloys Pvt. Ltd

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