Role Title - Chief Financial Officer

Reports To - Managing Director

Experience: 15-18 Years

Location: Sanand, Ahmedabad

Company Overview:

Since our inception in 1977, LOXIM has been combining the power of chemistry with strategic business acumen to create innovative products for a global market. We have continually evolved and expanded in both scale and industry focus. From high-performance Dyes and Engineering Plastics to APIs, Intermediates, KSM, and CMO/CDMO Capabilities in the Pharmaceuticals industry, our diverse product range creates infinite possibilities for our stakeholders worldwide. We are headquartered in India, and our offices are strategically located in the USA, Singapore and Germany to ensure efficient service to our customers worldwide.

Why Join LOXIM?

· Be part of a globally recognized company known for its commitment to innovation and excellence.

· Work in a dynamic environment that encourages growth and continuous learning.

· Collaborate with a team of experts and leverage your skills to drive meaningful change.

Job Purpose:

Spearhead strategic and financial planning, financial management, insights, and organization improvement aspects at Loxim. Responsible for managing the overall P&L of the Company and leading the Finance team at Loxim including end-to-end accounting, costing, and assurance processes. Responsible for constantly monitoring the financial health of the organization, manage financial sustainability, drive financial performance, and maximize return on investment. Review potential risks and issues pertaining to resource mobilization, cash management, borrowings and evaluate suitable mitigation strategies to achieve the desired business results. Oversee compliance with applicable accounting standards, ensure adherence to taxation requirements and manage collections from key clients, while minimizing liability and safeguarding the interest of Loxim.

Principal Accountabilities:

1. Strategic Leadership

Advise MD on strategic partnerships, diversification, and growth plans
Develop and monitor organization-wide business plans and performance benchmarks
Support departmental strategy in alignment with organizational goals

2. Finance Strategy & Governance

Define finance operating model, team structure, and internal audit framework
Lead risk identification and mitigation across processes

3. Planning & Budgeting

Oversee planning, budgeting, and forecasting activities
Ensure budget adherence and conduct periodic reviews

4. Business & Financial Performance

Track BU-level profitability, cost controls, and variances
Ensure timely financial reporting, MIS, and cash flow analysis

5. Collections & Payables

Improve collections, credit management, and customer recoveries
Oversee payables to ensure financial efficiency

6. Taxation

Monitor tax compliance and optimize tax benefits
Align processes with new tax laws and updates

7. Technology & ERP

Oversee IT and ERP systems implementation and efficiency across units
Oversee the identification, evaluation, procurement, implementation, and management of IT Infrastructure (Technical, ERP) across Loxim

8. Learning & Growth:

Foster a high-performance, values-driven culture aligned with organizational goals
Promote continuous learning by sharing industry insights and trends
Identify and develop high-potential talent; build a future-ready finance team
Support team well-being and resolve workplace concerns effectively

Key Result Areas And Performance Indicator:

1. Financial Strategy & Budgeting

Align financial planning with business goals and industrial trends
Lead budgeting, forecasting, and cost planning across units
Achievement of target revenue and profitability
Positive cash flows and balance sheet
Adherence to organizational budget

2. Cost & Efficiency Management

Control plant-level costs and improve operational efficiency
Monitor inventory, wastage, and cost-saving initiatives

3. Working Capital & Fund Management

Manage cash flow, receivables, and payables for smooth operations
Optimize fund utilization and banking relations

4. Compliance & Risk Management

Ensure timely GST, TDS, and statutory compliances
Lead internal controls, audits, and risk mitigation

5. Project Costing & Plant Finance

Oversee project feasibility, plant capex, and cost analysis
Validate product costing and support pricing decisions

6. Team Development & Governance

Build a strong finance team and drive accountability
Promote governance and financial discipline across plants

Skills & Knowledge:

Qualifications:

Chartered Accountant/ MBA in Finance

Work Experience:

Liaising skills with various stakeholders
Comprehensive understanding of accounting policies and procedures
Preference will be given to candidates with experience in manufacturing/polymers/speciality chemicals industry

How to Apply

Interested candidates are invited to share their resumes with us at archana.kumari@loxim.com

LOXIM INDUSTRIES LIMITED Jobs

Chief Financial Officer