Group Chief Financial Officer/Business Chief Financial Officer - Manufacturing

Description:

Key Responsibilities:

Financial Strategy & Planning:

- Drive the company's financial planning and long-term strategy.

- Lead risk management initiatives to safeguard business interests.

Capital & Fund Management:

- Ensure timely capital/fund raising through banks and financial instruments (Term Loans, NCDs, ECBs).

- Monitor and maintain sustainable cash flow.

Financial Analysis & Reporting:

- Develop financial models, viability assessments, and DPRs for banks.

- Prepare and present accurate forecasting reports and monthly/quarterly P&L statements.

- Validate CAPEX proposals and advise on financial feasibility.

Budgeting & Performance Monitoring:

- Oversee site-level MIS reporting and ensure timely submission to HO.

- Monitor actuals vs. budgets, perform root cause analysis of deviations, and implement cost optimization measures.

- Lead quarterly forecasts for sales, operational expenses, and cash flow.

Compliance & Audit:

- Ensure timely closure of books in SAP with full compliance to accounting standards.

- Support internal/statutory audits and implement corrective actions.

- Ensure compliance with Group F&A policies and tax regulations (DT & IDT).

Operational Finance:

- Oversee timely processing of customer invoices and vendor payments.

- Manage insurance-related documentation and incident reporting.

- Review and approve capitalization of fixed assets; reconcile CWIP ledger.

Risk & Governance:

- Monitor financial risks and support mitigation strategies.

- Review monthly cost optimization dashboards and report to BU Controller.

Process Excellence & People Development:

- Drive automation and technology initiatives in Finance & Accounts.

- Ensure continuous training and development of team members for efficiency and growth.

Required Skills & Certifications:

- Master's degree in accounting or business administration, or equivalent business experience and 10+ years of progressively responsible experience for a major company or division of a large corporation.

- MBA in Finance and the Certified Public Accountant or Certified Management Accountant designations would be an added advantage.

Behavioural Competencies Required:

- Knowledge of Design & Research

- Knowledge about Design Software

- Knowledge of TPM

- Analytical Thinking

- Business Perspective

- Decision Making