Overview:

The CFO will be responsible for financial strategy, financial planning and analysis, project costing, budgeting, cash-flow and working-capital management, treasury, taxation, statutory compliance, financial controls, MIS, risk management and commercial finance.

Key Responsibilities

Financial Strategy & Business Leadership

Develop and implement the company's financial strategy aligned with business objectives.
Partner with the MD/Board in strategic and commercial decision-making.
Evaluate new projects, investments, expansion plans and business proposals.

· Provide financial insights, forecasts and scenario analysis to management towards cost optimisation & sustainable growth.

Project Finance, Costing & Profitability

Establish and monitor project-wise costing and profitability.
Analyse material, labour, subcontracting and overhead costs.
Monitor project budgets against actual expenditure.
Track project cost-to-complete and identify cost overruns.
Support project pricing, quotation and commercial decisions.
Conduct post-project profitability analysis.

Financial Planning & MIS

Lead annual budgeting, forecasting and financial planning.
Prepare monthly management accounts and financial MIS.
Monitor revenue, margins, EBITDA and operating costs.
Conduct budget-vs-actual and variance analysis.
Develop dashboards and financial reports for management/Board review.

Cash Flow & Working Capital

Lead cash-flow planning and treasury management.
Optimise receivables, payables and inventory.
Monitor project-wise cash requirements.
Improve collections and working-capital efficiency.
Manage banking relationships, working-capital facilities and financing requirements.

Accounting, Taxation & Compliance

Ensure accurate and timely accounting and financial reporting.
Oversee GST, TDS, Income Tax and other applicable statutory requirements.
Coordinate statutory, tax and internal audits.
Ensure robust financial controls and compliance systems.
Strengthen accounting policies, processes and approval mechanisms.

Commercial & Cost Control

Review financial aspects of customer/vendor contracts.
Support procurement and commercial negotiations.
Analyse purchase price variance, inventory, wastage and cost efficiencies.
Identify opportunities for cost reduction and profitability improvement.

Risk Management & Internal Controls

Identify and monitor financial, project, liquidity, credit and commercial risks.
Establish effective internal financial controls.
Monitor and close audit observations.
Strengthen systems to prevent financial leakage and improve accountability.

Candidate Profile

Essential:

Graduate/PG in Commerce/ MBA (Finance) or equivalent
12 to 15 years of relevant experience, preferably from Shipbuilding / Marine / Engineering / Manufacturing / Project-based Industry
Proven expertise in project costing, budgeting, FP&A and financial controls.
Strong knowledge of cash-flow and working-capital management.
Experience in taxation, statutory compliance and audit, Strong banking & treasury exposure.
Excellent analytical, financial modelling and MIS skills.
Strong communication, negotiation and stakeholder-management abilities.

Pay: ₹500,000.00 - ₹1,000,000.00 per year

Work Location: In person

Samudra Shipyard (P) Ltd

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Chief Financial Officer (CFO)