About the Role
We are looking for an experienced Chief Financial Officer (CFO) to lead the finance function for a project-based business in the construction/facade/EPC domain. The role will involve driving financial strategy, strengthening project cost controls, managing cash flow, and ensuring strong governance and compliance.
Key Responsibilities1. Financial Strategy & Leadership
- Develop and execute financial strategies aligned with business growth goals
- Partner with the CEO and leadership team on expansion plans, investments, and risk management
- Provide financial insights to support strategic decision-making
2. Financial Planning & Analysis (FP&A)
- Lead budgeting, forecasting, and financial modeling activities
- Monitor project-wise profitability and cost performance
- Analyze variances and recommend corrective actions
- Drive margin improvement initiatives across projects
3. Project Accounting & Cost Control
- Oversee project costing, revenue recognition (Percentage of Completion Method), and billing
- Ensure accurate tracking of:
- BOQs (Bill of Quantities)
- Variations and change orders
- Material and labour costs
- Implement strong cost control systems for project execution
4. Treasury & Cash Flow Management
- Manage cash flow, working capital, and liquidity planning
- Oversee banking relationships including:
- Bank Guarantees (BGs)
- Letters of Credit (LCs)
- Project financing
- Optimize fund utilization and reduce finance costs
5. Accounting & Compliance
- Ensure timely and accurate financial reporting as per applicable standards
- Oversee audits, taxation (GST, Income Tax), and statutory compliance
- Maintain strong internal controls and governance frameworks
- Ensure compliance with contractual and regulatory requirements
6. Risk Management
- Identify financial and operational risks in projects and contracts
- Evaluate contract terms for potential financial exposure
- Implement mitigation strategies for delays, cost overruns, and claims
7. Commercial & Contract Management
- Review contracts for commercial feasibility and risk
- Support negotiation of project terms, payment milestones, and escalation clauses
- Monitor receivables and ensure timely collections
8. Team Leadership
- Lead and mentor finance, accounts, and commercial teams
- Build scalable processes, SOPs, and reporting systems
- Drive automation and ERP implementation (if required)
Key RequirementsEducation
- CA / CPA / MBA (Finance) or equivalent qualification
Experience
- 10–18+ years of experience in finance
- Minimum 5 years in a leadership role
- Strong experience in construction, facade, EPC, or project-based industries
- Proven expertise in project accounting and contract management
Skills & Competencies
- Strong financial acumen and strategic mindset
- Expertise in cost control and margin improvement
- Knowledge of BGs, LCs, and project financing
- Excellent leadership and stakeholder management skills
- Strong proficiency in ERP systems and financial tools
Key Performance Indicators (KPIs)
- Project profitability and margin improvement
- Cash flow and working capital efficiency
- Reduction in cost overruns
- Timely financial reporting and compliance
- Receivables cycle and collection efficiency
Job Types: Full-time, Permanent
Pay: ₹2,000,000.00 - ₹4,000,000.00 per year
Work Location: In person
