Chief Financial Officer - Manufacturing Firm

CFO - 500 Cr Manufacturing Company

Recommended KRA Structure CFO | 500 Cr Manufacturing Company

Experience: 15-18 yrs of post qualification. Age group: 45-50, CTC: 45-50 Lacs.

Key Responsibilities:

1. Profitability & EBITDA Management:

- Drive improvement in gross margin, EBITDA and PBT through pricing, product mix, cost optimization and productivity.

- EBITDA margin improvement by 12%; PBT growth.

2. Working Capital Management:

- Control receivables, inventory and payables; improve cash conversion cycle.

- Reduce DSO by 510 days; inventory reduction by 510%; CCC improvement.

3. Cash Flow & Treasury:

- Ensure adequate liquidity, cash forecasting, banking and funding.

- Positive operating cash flow; 13-week cash-flow forecast; optimise interest cost.

4. Cost Management:

- Establish product-wise/plant-wise cost visibility; monitor material, labour, power, scrap and overhead costs.

- 35% controllable cost reduction annually.

5. Budgeting & Business Planning:

- Annual budget, rolling forecast, monthly variance analysis and corrective actions.

- Budget accuracy within 5%; monthly review by 7th10th.

6. Plant & Manufacturing Finance:

- Monitor plant profitability, capacity utilisation, yield, scrap, production variance and manufacturing overhead absorption.

- Improve contribution/margin; reduce conversion cost and scrap.

7. Capex & Investment Management:

- Evaluate business cases, ROI/IRR, payback, capex control and post-investment review.

- 100% major capex with financial appraisal; capex within 5% of approved budget.

8. Banking & Financing:

- Manage banks, working-capital limits, term loans, LC/BG, interest rates and financing structure.

- Reduce borrowing/interest cost; maintain adequate liquidity.

9. Financial Reporting & MIS:

- Provide accurate, timely and decision-oriented financial MIS to MD/Board.

- Monthly MIS by 7th10th; zero material reporting errors.

10. Statutory Compliance & Governance:

- GST, Income Tax, Companies Act, audits, ROC, statutory accounts and other regulatory requirements.

- Zero major compliance observations/penalties.

11. Internal Controls & Risk Management:

- Strengthen controls over procurement, inventory, sales, payments, receivables and delegation of authority.

- Zero major control failures; closure of audit observations within agreed timelines.

12. Commercial Finance:

- Support pricing, customer profitability, credit terms, tender/project costing and commercial negotiations.

- Improve customer/product contribution; tighter credit discipline.

13. Tax Planning:

- Ensure tax efficiency while maintaining full compliance; evaluate incentives applicable to manufacturing.

- Optimise effective tax rate; zero major tax disputes arising from non-compliance.

14. ERP / Finance Digitization:

- Improve automation, dashboards, financial analytics and ERP controls.

- Reduce manual reporting; improve MIS turnaround and data accuracy.

15. Strategic Business Partnering:

- Support MD/CEO in expansion, new products, pricing, M&A/JV opportunities and business strategy.

- Financial evaluation of 100% strategic proposals.

16. Team & Finance Capability:

- Build a strong finance team, succession plan and performance culture.

- Critical positions covered; development plans for second line.

Contact:
Karuna, +91 9979508515