Job Description - CFO- VMPL

Job Details

Job Title - Chief Finance Officer

Reporting to : MD of VMPL & Board of VMPL

Number of immediate subordinates- 3-4

Total number of subordinates - 8-9

Essentials - Essentials - 5

1. Prior experience in a mid-sized or promoter-driven business environment is highly valued.

2. Must have handled Taxation, Audits, Accounting, Budgeting & Variance Analysis, MIS & Business Analysis, Banking & Fund Raising, Vendor & Supplier Management, Customer Receivables, Inventory Control, Working Capital Management, Cash Flow analysis.

3. Should have handled a team of F&A professionals below him for Job delegation, empowerment & Management.

4. Should have thorough knowledge of Finance , Accounts, Costing and Compliances

5. Excellent Communication, Strong in Accounting s/w & MS Office

Key Responsibilities Key Responsibilities

1. Strategic Financial Leadership

· Drive the company’s financial strategy in alignment with business goals.

· Advise promoters and the CEO on financial planning, capital structure, and business risks.

· Lead financial forecasting, budgeting, and long-term planning processes.

· Provide insights on expansion, capacity planning, product costing, and capital allocation.

2. Financial Planning & Analysis (FP&A)

· Oversee detailed analysis of business performance (product, plant, geography-wise).

· Monitor key financial metrics (e.g., margins, working capital, return on investment).

· Deliver MIS reports and dashboards to support decision-making.

MIS for Management Review including product costing, Yield, Inventory, Receivables & Payables, Working Capital, Cash Flow
Variance Analysis between Budget vs Plan vs Actuals (Fixed & Variable Costs, Expenses, Logistics & Transportation, Bank Charges, Travel, Over Heads, Salaries & Wages, Power & Utilities etc.)
Sales Analysis (Domestic Tonnage, Average Sales Price, Export Tonnage, Average Sales Price) product and location wise

3. Costing & Profitability Management

· Implement cost control systems, including standard and actual costing in manufacturing.

· Evaluate unit economics, product-line profitability, and pricing strategy.

· Monitor product-wise, plant-wise, and customer-wise profitability.

· Partner with operations to drive manufacturing efficiency and cost optimization.

4. Accounting, Audit & Compliance

· Ensure timely and accurate financial reporting in compliance with Indian Accounting Standards (Ind-AS).

· Consolidation of Accounts (Preparing P&L and Balance Sheet) for each entity and consolidated for the group companies

· Ensure compliance with all regulatory and statutory requirements (Mines Act, GST, Income Tax, etc.).

· Manage audits (statutory, internal, cost) and ensure risk controls are in place.

· Navigate legacy practices and build systems for greater transparency and financial discipline.

· Manage statutory audits, internal audits, and interface with auditors.

· Ensure adherence to all legal, tax, and regulatory obligations.

5. Treasury & Working Capital Management

· Oversee cash flow, liquidity, and banking relationships.

· Optimize working capital cycles (inventory, payables, receivables).

· Manage funding requirements and debt structuring in alignment with business needs.

· Banking - (Loan Applications, preparing CMA Data, DP – Stock statements, Quarterly MIS for Banks, Loan Disbursement, Negotiating Interest Rates & other Bank charges on a regular basis)

6. Risk Management & Governance

· Strengthen accounting systems, introduce dashboards and reports for decision-making.

· Identify financial and operational risks and implement mitigation measures.

· Establish and enforce internal controls, approval matrices, and governance frameworks.

· Ensure compliance with all relevant statutory laws and regulations.

· Lead ERP implementation or enhancement (Tally, SAP B1, or industry-relevant solutions).

· Build data-driven culture while respecting the family-run work environment.

7. Team Development & Leadership

· Lead and develop a high-performing finance team across all areas of F&A e.g. accounts, costing, taxation, compliances

· Foster cross-functional collaboration with operations, procurement, HR, and sales, Knowledge & Experience

ESSENTIAL SKILLS, EDUCATION & EXPERIENCE

Chartered Accountant (CA). CFA mandatory; MBA (Finance) or CMA preferred.
12–20 years of experience, preferably with exposure to minerals, mining, or manufacturing.
Capable of handling multiple legal entities under VMPL holding grp

· Strong knowledge of business processes

· Competency in MS Office, including Outlook, Excel, PowerPoint

PERSONAL ATTRIBUTES

· High integrity and maturity to work closely with promoters and long-serving staff.

· Hands-on approach with a willingness to dive deep into day-to-day issues.

· Ability to build systems without disrupting legacy relationships.

· Strong financial discipline, communication, and stakeholder management.

· Strong leadership skills, strong interpersonal skills, Excellent communication skills

· Strong team working skills and team player

· Highly motivated with a consistent ability to achieve goals under pressure

· Ability to multi-task and prioritize work

avel

Willing to travel to Hyderabad & Nasirabad every month – 6-10 days total

About VMPL - We are into quartz processing, and have a manpower of close to 750 people across 2 locations, with an annual turnover of 125Cr.

Apply only in case you meet the essential criteria.

You may apply, by sending your resume to 9723 60974 -4

or garvitatanwar@gmail.com / career@vinayakamicrons.com

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