Job Title: Chief Financial Officer (CFO)
Reports To: Managing Director
Location: Pune
Notice: Serving Notice or Immediately
Experience: 20 plus years in a manufacturing or construction equipment industry, At least 5 years in a Senior Financial Leadership role
Education: Chartered Accountant (CA)
Language Proficiency: English & Knowledge of Marathi essential
Certifications/Licenses: Proficient in financial software and ERP systems
Work Environment: Based in the Pune HO with Occasional travel to the Goa business unit as needed for oversight and coordination..
Salary: 28LPA (Negotiable)
Vacancies: 03
1. Job Purpose
Overview: The Chief Financial Officer (CFO) is responsible for driving the financial strategy and ensuring the fiscal health of the company. This includes optimizing financial performance, managing risk, and maintaining compliance to support the company’s growth objectives. The CFO will oversee all financial operations across the Pune and Goa business units.
2. Key Responsibilities
Financial Strategy & Planning
- Develop and execute financial strategies aligned with the company goals and objectives.
- Lead financial planning, budgeting, and forecasting processes to achieve profitability and cost-efficiency targets.
- Provide strategic advice to the Managing Director on financial matters, including market risks and growth opportunities.
Financial Operations & Compliance
- Oversee preparation and accuracy of financial statements, ensuring compliance with statutory and regulatory requirements.
- Ensure robust internal controls, adherence to accounting standards, and timely statutory audits.
- Coordinate with external auditors, tax consultants, and regulatory bodies to manage audits and compliance.
Cash Flow & Working Capital Management
- Manage cash flow to ensure liquidity and optimal working capital levels.
- Lead negotiations with banks for loans and other financial arrangements.
- Oversee debt servicing, credit control, and treasury functions to optimize financial resources.
Cost Management & Profit Optimization
- Drive cost optimization initiatives across departments to improve profitability.
- Implement and monitor cost control measures in manufacturing, procurement, and sales operations.
- Provide financial insights to support pricing strategies and product profitability analysis.
Risk Management & Controls
- Identify financial and operational risks, implementing mitigation measures as needed.
- Establish a risk management framework to safeguard company assets and prevent financial fraud.
- Regularly review financial policies, controls, and procedures for continuous improvement.
Leadership & Team Development
- Lead, mentor, and develop the Accounts team to achieve high performance.
- Foster a culture of accountability, collaboration, and continuous learning within the team.
- Collaborate with heads of other departments to align financial goals with overall business objectives.
Project Evaluation & Capital Allocation
- Evaluate financial feasibility of new projects, capital expenditures, and strategic investments.
- Conduct ROI analysis to support decision-making for expansions or new product lines.
3. Competencies
Core Competencies
- Strategic thinker with a proactive approach to problem-solving.
- Experience in managing banking relationships and securing financing for business growth.
- Ability to drive change management and process improvement initiatives.
Technical Competencies
- Proven experience in financial planning, cost management, and budgeting within a multi-location setup.
- Hands-on experience in managing statutory compliance, audits, and tax matters.
- Strong track record in cash flow management, cost optimization, and financial risk mitigation.
4. Working Conditions
Work Environment: Based in the Pune HO with Occasional travel to the Goa business unit as needed for oversight and coordination..
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Job Types: Full-time, Permanent
Pay: Up to ₹2,800,000.00 per year
Benefits:
- Cell phone reimbursement
- Health insurance
- Paid sick time
- Provident Fund
Schedule:
- Day shift
- Fixed shift
- Morning shift
- Weekend availability
Supplemental Pay:
Application Question(s):
Education:
Experience:
- Twenty yrs in Manufacturing Industry: 10 years (Required)
- Twenty yrs in Construction Equipment Industry: 10 years (Required)
- Senior leadership: 5 years (Required)
- managing banking relationships and securing financing: 10 years (Required)
- statutory compliance, audits, and tax matters.: 10 years (Required)
- in financial planning, cost management, and budgeting: 10 years (Required)
- cash flow mgmnt, cost opt, financial risk mitigation: 10 years (Required)
Language:
License/Certification:
- Proficient in financial software and ERP systems (Required)
- CA (Required)
Location:
- Pune, Maharashtra (Required)
Willingness to travel:
Work Location: In person
