Job Description: Chief Financial Officer

Reports To: Executive Director/MD

Work Location: Kaggalipura, Kanakapura Road

Qualification and Skills:

- Education: Chartered Accountant (CA), or equivalent qualification; MBA in Finance is a plus

- Experience: 10+ years of progressive experience with minimum 5 years in financial leadership role in the manufacturing industry.

Mandatory Preference:

- Minimum 10 years of manufacturing industry experience.

- Proficiency in Kannada and South Indian languages.

- Work Location: Load Controls, Bengaluru.

- Age below 45 years.

Skills:

- Proficiency in ERP systems, financial modeling, and analytics.

- Strategic and analytical thinking with a focus on results.

- Proven expertise in strategic planning, risk management, and operational efficiency.

- Excellent leadership, communication, and interpersonal skills.

- Strong knowledge and understanding of Direct (Income Tax) and Indirect (GST) taxation, financial principles, accounting standards, compliance frameworks, and company law procedures.

Key Responsibilities:

Strategic Financial Leadership:

- Develop and execute the organization's financial strategy to support long-term goals.

- Provide insights and recommendations to the management on financial performance, risks, and opportunities.

- Drive initiatives to enhance profitability and operational efficiency.

Financial Reporting and Analysis:

- Oversee the preparation of financial statements, including balance sheets, income statements, and cash flow reports.

- Present accurate and timely financial reports to the stakeholders.

- Provide data-driven insights to support strategic decision-making.

Budgeting and Forecasting:

- Lead the annual budgeting and forecasting process, ensuring alignment with strategic goals.

- Monitor performance against budgets, identify variances, and recommend corrective actions.

Cash Flow and Treasury Management:

- Ensure optimal cash flow to support operational needs and strategic investments.

- Manage working capital efficiently, including receivables, payables, and inventory.

- Oversee treasury operations, including banking relationships, investments, and risk management.

Load Controls India Private Limited:

Key Responsibilities:

Accounting and Compliance:

- Ensure the timely and accurate closing of accounts in adherence to GAAP, IFRS, and other regulatory standards.

- Oversee compliance with tax, legal, and regulatory requirements, including audits and filings.

- Supervise accounting functions such as general ledger, accounts payable, and receivable.

Taxation and Risk Management:

- Manage tax strategy, ensuring timely filings and compliance with GST, Income Tax, TDS, and other obligations.

- Collaborate with external advisors to resolve tax-related issues and optimize tax efficiency.

- Mitigate financial risks by implementing robust internal controls and compliance frameworks.

Audit and Governance:

- Coordinate internal and external audits, ensuring timely closure of observations.

- Strengthen governance by implementing audit recommendations and maintaining transparency.

Team Leadership and Development:

- Lead and mentor the finance and accounting team to achieve high performance.

- Foster a culture of accountability, innovation, and continuous improvement.

- Conduct regular performance reviews and provide professional development opportunities.

Cost and Efficiency Management:

- Drive cost-saving initiatives and implement effective cost-control measures.

- Monitor production costs, operational expenses, and overheads to enhance profitability.

ERP and Financial Technology:

- Oversee the deployment and maintenance of ERP systems to streamline financial processes.

- Champion automation and technology adoption to improve accuracy and efficiency.