Chief Financial Officer - Manufacturing

Description:

The Chief Financial Officer (CFO) will lead the financial strategy, control, and performance management of the manufacturing unit at Bhilai. The ideal candidate will bring strong experience in engineering or capital goods manufacturing, with expertise in cost control, plant finance, and systems-driven financial governance.

Key Responsibilities:

Strategic & Financial Leadership:

- Drive financial planning, budgeting, and forecasting aligned with production and business goals.

- Support strategic decision-making through data-driven insights and financial modeling.

- Partner with operations, procurement, and sales teams to enhance profitability and cost efficiency.

Plant Finance & Cost Control:

- Oversee plant-level costing, standard cost systems, and variance analysis.

- Implement cost optimization measures across materials, labor, and overheads.

- Lead periodic inventory valuation, consumption analysis, and yield improvement initiatives.

Accounting, Compliance & Controls:

- Ensure accurate and timely financial reporting as per Indian Accounting Standards.

- Maintain strong internal controls, audit compliance, and statutory adherence (GST, TDS, PF, etc.).

- Oversee working capital managementdebtors, creditors, and inventory.

System & Process Excellence:

- Strengthen ERP-based accounting and inventory systems for real-time financial visibility.

- Implement digital dashboards for cost, productivity, and margin tracking.

- Drive process automation and standardization across finance and operations.

Team Leadership:

- Lead and mentor the plant finance team to ensure professional development and accountability.

- Collaborate with the corporate finance and strategy teams for group-level reporting and consolidation.

Qualifications & Experience:

- Chartered Accountant (CA) or Cost Accountant (ICWA) required; MBA Finance preferred.

- 15-18 years of experience, with at least 5 years in a CFO / Head of Finance role in a manufacturing or engineering company.

- Proven exposure to project-based accounting, cost control, and capital expenditure management.

- Strong understanding of ERP systems (SAP / Oracle / Tally Prime / Rancelabs).

- Excellent leadership, analytical, and communication skills.

Key Attributes:

- Strategic yet hands-on finance leader.

- Strong business partnering mindset with operational teams.

- Integrity, attention to detail, and commercial acumen.

- Ability to drive transformation in a growing manufacturing environment.