Role overview
This is a strategic leadership role, not a traditional accounts position. Working with the Managing Director and management team, the CFO will shape financial strategy, improve manufacturing profitability and cost per garment, strengthen working capital and cash flow, run international trade finance and forex risk, and ensure full tax, statutory and export compliance. The ideal candidate understands how a garment factory makes or loses money: yarn and fabric prices, labour efficiency, buyer payment terms, export incentives and currency movements.
Key responsibilities
A. Financial strategy and leadership
- Build and execute a financial strategy for export growth, capacity expansion and margin goals.
- Partner with the Managing Director on pricing, buyer selection, capacity, sourcing and investment decisions.
- Represent BVK's finances to banks, auditors, investors and other external stakeholders.
B. Financial planning and analysis
- Lead annual budgeting, rolling forecasts and monthly, quarterly and annual MIS.
- Analyse profitability by buyer, market, product category and order; drive action on budget variances.
- Model scenarios for yarn prices, currency, wages, order mix and capacity use.
C. Manufacturing cost and profitability
- Own garment costing and standard costing; compare actual cost per garment with pre-order costing for every style and order
- Work with production on efficiency, wastage, rework and capacity use, and their effect on cost.
- Deliver savings in procurement, energy, inventory and overheads without compromising quality or compliance
- Deliver savings in procurement, energy, inventory and overheads without compromising quality or compliance.
D. Working capital and cash flow
- Manage working capital across the order cycle, from yarn purchase to export realisation.
- Tighten receivables, payables and inventory; forecast cash weekly and keep liquidity for peak seasons.
- Manage bank relationships and secure working capital limits at competitive cost
E. International trade finance and export operations
- Oversee pre- and post-shipment credit, packing credit, bill discounting, LCs, bank guarantees and export documentation.
- Set and run a foreign-exchange risk policy, including hedging with forwards and other approved instruments.
- Track export realisation against regulatory timelines and claim applicable incentives (such as RoSCTL, RoDTEP, Duty Drawback and EPCG); manage buyer credit risk.
F. Taxation, compliance and risk
- Ensure compliance with GST (export refunds and LUT), income tax, TDS, customs, FEMA/RBI rules and the Companies Act.
- Coordinate statutory, tax and internal audits and close findings on time.
- Manage currency, credit, commodity, liquidity and fraud risk; uphold strong governance and board reporting.
G. Investment and capital management
- Evaluate capex on machinery, automation and capacity with ROI, payback and post-implementation review.
- Measure returns on renewable energy and sustainability investments; assess new facilities, markets and partnerships.
- Plan the right mix of internal funds, term loans and other funding for growth.
H. Team leadership and process improvement
- Lead and develop the finance and accounts team with clear roles and accountability.
- Set financial policies, delegation of authority and internal controls across purchasing, payments, payroll and inventory.
- Lead ERP and automation projects to shorten month-end close and integrate finance with production data.
Qualifications and experience
Mandatory
- Chartered Accountant (ICAI) or Cost & Management Accountant (ICMAI).
- 15+ years post-qualification experience, with at least 5 years as CFO, Finance Head, Financial Controller or GM - Finance.
- Manufacturing experience with hands-on responsibility for product costing, plant-level cost control and profitability analysis.
- Strong export finance knowledge (LCs, packing credit, bill discounting, forex hedging, realisation) and a record of negotiating bank facilities.
- Experience with Indian direct and indirect tax, GST export refunds, statutory audits, and leading a finance team.
Preferred
- MBA (Finance), CPA, ACCA or CFA, or certification in treasury, forex or trade finance.
- Experience in textiles, knitwear or apparel exports, ideally in the Tiruppur, Coimbatore or wider Tamil Nadu cluster.
- Experience with multi-unit or vertically integrated operations, ERP implementation, capital projects or sustainability-linked finance.
Ideal candidate
A CA or CMA with 15+ years of experience who has led finance in a manufacturing or export business, ideally textiles or apparel. They are as comfortable discussing cost per garment with the production head as negotiating limits with a bank or presenting a growth plan to the board – hands-on, commercially sharp and process-driven, and keen to help BVK Exports grow profitably and sustainably in global markets.
About BVK Exports
BVK Exports is a vertically integrated knitwear and apparel manufacturer in Tiruppur, India's knitwear capital. Starting in 1994 with a single knitting machine, it now runs in-house knitting, fabric development, cutting, embroidery, stitching and finishing. BVK makes activewear, sportswear and performance clothing (including bamboo performance fabrics) alongside knitwear basics, through OEM, ODM, private label and customised manufacturing for brands in the USA, UK, Canada, Australia and Europe.
