Industry Preference:

Candidates from the following sectors will be preferred:

- Shipbuilding

- Ship Repair

- Marine Engineering

- Heavy Engineering

- Manufacturing

- Heavy Fabrication

- EPC Projects

- Infrastructure

- Defence Manufacturing

- Offshore Engineering

Job Title: Chief Financial Officer (CFO)

Location: Mumbai/Navi Mumbai

Reports To: Managing Director / Board of Directors

Role Overview:

The Chief Financial Officer (CFO) will be responsible for overseeing the financial strategy, planning, and management. The role requires strong leadership in financial governance, compliance, cost control, and strategic decision-making to support sustainable growth in marine services, offshore operations, and related maritime activities. The CFO will act as a strategic partner to the leadership team, ensuring financial discipline while enabling operational efficiency and expansion.

Key Responsibilities:

Financial Strategy & Leadership:

- Develop and execute the companys financial strategy aligned with short-term and long-term business goals.

- Provide strategic financial insights to the Board and senior management for business planning and growth initiatives.

- Support mergers, acquisitions, joint ventures, and expansion into new marine or offshore service segments.

Financial Planning & Analysis:

- Oversee budgeting, forecasting, and financial modelling for marine operations and projects.

- Monitor cash flow, working capital, and capital expenditure, particularly for vessels, equipment, and marine assets.

- Analyse project profitability, contract margins, and operational costs.

Accounting & Compliance:

- Ensure accurate and timely preparation of financial statements in compliance with applicable accounting standards and statutory requirements.

- Oversee audits, taxation, regulatory filings, and compliance with maritime, corporate, and financial regulations.

- Establish and maintain strong internal controls and risk management frameworks.

Treasury & Funding:

- Manage banking relationships, financing arrangements, and credit facilities.

- Plan and optimize capital structure, debt management, and funding for fleet acquisition or upgrades.

- Oversee foreign exchange exposure, insurance, and risk mitigation related to marine operations.

Cost Control & Operational Support:

- Implement cost optimization initiatives across marine services, logistics, and support functions.

- Work closely with operations, procurement, and project teams to improve efficiency and financial discipline.

- Evaluate vendor contracts, charter agreements, and long-term service contracts.

Team & Systems Management:

- Lead and develop the finance and accounts team.

- Drive improvements in financial systems, ERP, reporting tools, and digital transformation.

- Establish robust financial reporting and MIS for management decision-making.

Qualifications & Experience:

- Chartered Accountant (CA), CPA, CFA, or MBA in Finance (preferred).

- Minimum 15-20 years of progressive experience in finance, with at least 10 years in a senior leadership role.

- Experience in marine services, shipping, offshore, logistics, heavy industries, infrastructure, or project-based industries is highly desirable.

- Strong knowledge of corporate finance, taxation, compliance, and financial regulations.

- Proven ability to work with Boards, investors, banks, and auditors.

Key Skills & Competencies:

- Strategic thinking and business acumen

- Strong leadership and decision-making abilities

- Excellent analytical and problem-solving skills

- High integrity and attention to detail

- Ability to work in a dynamic, operationally intensive environment

What We Offer:

- Opportunity to be part of a growing marine services organization

- Strategic leadership role with direct impact on company growth

- Competitive compensation and performance-based incentives