Seeking an experienced CFO to lead financial strategy, project costing, and cash flow management for a diversified industrial and engineering firm with a legacy since 1942. The role involves financial planning, budgeting, risk management, and strategic advisory to support growth across shipping, oil & gas, and metallurgical sectors.
About the Company:
Founded in 1942, the Company has its roots in importing Norwegian commodities and industrial goods, representing renowned firms such as Elkem, Borregard, and Norsk Hydro. Over the past six decades, it has expanded its reputation and diversified into the shipping, oil & gas, and metallurgical industries by offering equipment, engineering, project management, services, and manufacturing. The Company prides itself on building enduring relationships with clients and principals through mutual trust, sales and engineering expertise, and a commitment to delivering value to all stakeholders.
Roles & Responsibilities: 2. Project & Manufacturing Finance: 3. Government Bidding & Compliance: 4. Cash Flow & Working Capital Management: 5. Financial Operations & Governance: 6. Business Partnering & Stakeholder Management:
- Financial Strategy & Leadership:
- Develop and implement financial strategies aligned with the company’s long-term growth objectives.
- Provide strategic guidance and financial insights to the CEO and senior management for key business decisions.
- Drive financial planning, forecasting, and risk assessment for large turnkey projects and manufacturing operations.
- Guide and mentor the finance & accounting team, ensuring strong financial governance and compliance.
- Oversee the financial management of large-scale projects, ensuring profitability and cost control.
- Handle turnkey project financing, including working capital optimization and project funding.
- Lead project costing, pricing strategy, and bid preparation for government and private sector contracts.
- Track financial performance across projects and drive efficiency improvements.
- Manage and oversee government bid submissions, ensuring compliance with financial and regulatory requirements.
- Collaborate with cross-functional teams to evaluate financial feasibility and risk mitigation for public sector contracts.
- Ensure adherence to government procurement norms and contract obligations.
- Develop and manage cash flow projections to ensure liquidity for operations and capital expenditures.
- Optimize working capital cycles, monitoring receivables, payables, and inventory management.
- Secure and manage funding sources, including bank financing, debt structuring, and investor relations.
- Oversee financial controls, internal audits, and risk management to safeguard company assets.
- Implement strong financial reporting systems, ensuring accurate MIS, dashboards, and analytics for decision-making.
- Ensure statutory compliance with tax laws, GST, IFRS, and other applicable financial regulations.
- Engage in key customer and vendor discussions/negotiations, ensuring favorable financial terms.
- Support business development teams in evaluating new projects, acquisitions, and joint ventures.
- Liaise with banks, investors, and regulatory bodies for financial structuring and approvals.
Requirements
Qualifications:
- Chartered Accountant (CA), MBA Finance, CFA, or equivalent financial qualification.
- 15+ years of experience in financial leadership roles.
- Proven track record in handling large-scale projects and manufacturing businesses.
- Experience in government bidding, cash flow management, and stakeholder negotiations.
- Strong expertise in financial modeling, risk assessment, and strategic planning.
