Chief Financial Officer (CFO)

Cotton Group; United Kingdom; On-site; GBP 100,000 - 150,000; Full time

Job summary

A global garment manufacturer is looking for a visionary Chief Financial Officer (CFO) to lead finance transformation efforts. The CFO will independently restructure the Accounts & Finance Department, ensuring accurate reporting and compliance. This role requires expertise in financial management, treasury management, and experience in leading financial transformations. The successful candidate will build robust internal controls and assist in the transition to a digitized financial ecosystem, while also planning and presenting annual budgets and financial statements.

Benefits

Competitive compensation package

Professional growth opportunities

Qualifications

• Experience in financial management, planning, administration, budgeting, and auditing.
• Proven experience in treasury management and working capital optimization.
• Experience leading financial transformation or ERP rollout in medium-to-large organizations.

Responsibilities

• Independently lead and professionalize the Accounts & Finance Department.
• Prepare the Annual Operation Plan (AOP) and the Annual Budget.
• Responsible for financial statements and reports preparation.
• Perform risk management by analyzing liabilities and investments.
• Prepare and present monthly financial reports to management.

Skills

Financial management

Treasury management

Accounting expertise

Budgeting and forecasting

Risk management

Education

Professional accounting qualification

Job description

Job Context

Cotton Group is one of the fastest-growing 100% export-oriented knit garment manufacturers, serving globally recognized brands with quality products and innovative solutions. As we continue to expand, we seek a visionary Chief Financial Officer (CFO) to lead this transformation-bringing structure, strategy, and innovation to our Accounts & Finance operations. The CFO must stabilize, digitize, and professionalize this department while building real-time visibility and eliminating operational leakages.

Why Join Us

• Competitive compensation package and excellent professional growth opportunities.
• Be part of a high-growth organization with a solid global reputation.
• Lead the financial transformation of the company, including implementing strong internal controls, building real-time reporting capability, and transitioning from manual like processes to a fully digitized ecosystem under development..

Job Responsibilities

• Independently lead, restructure, and professionalize the Accounts & Finance Department, ensuring accountability, accuracy, and timely reporting.Actively participate in the company's business planning process, including new ventures
• Prepare the Annual Operation Plan (AOP).
• Preparation of the Annual Budget of the Company
• Responsible for preparation of financial statements, reports of the Company
• Perform risk management by analyzing the organization's liabilities and investments
• Prepare and present monthly financial reports to management, including divisional profit & loss and budget vs. actual analysis.
• Assess and evaluate organizational financial performance concerning long-term operational goals, budgets, and forecasts.
• Possess strong knowledge of computerized accounting, financial planning, cost management, budgeting, auditing, banking, Tax & VAT, insurance, and related areas.
• Formulate and implement Strategic Business Policies, Protocols, and Standard Operating for financial operations.
• Oversee all month-end closing activities, including general ledger and balance sheet reconciliations, and overhead cost allocation.
• Ensure strong internal controls, compliance, and adherence to financial procedures.
• Supervise, monitor, and control asset management and asset movement.
• Present periodic financial reports to relevant authorities and the Board of Directors (BOD).
• Improve production financial visibility by monitoring material yield, wastage, line efficiency, batch costing, and linking operational KPIs with financial forecasts..
• Coordinate with Commercial and Merchandising departments to ensure timely document
• Submission for efficient fund management.
• Follow up on all import L/C openings, settlements, and related payments.
• Regularly update and implement financial policies and procedures.
• Oversee and govern day-to-day accounting and treasury operations with strong review mechanisms and strict internal control.
• Ensure 100% daily factory-to-HO data submission (inventory, production, costing, and cash).
• Build internal control systems covering cash, procurement, inventory, assets, and compliance to eliminate financial leakages.
• Lead working capital planning including AR aging discipline, AP management, overdraft utilization, and inventory accuracy.
• Drive implementation of department SOPs aligned with global best practices (5S, lean finance, zero-waste accounting).
• Perform any other duties assigned by management.

Financial Transformation and Systems Leadership

• Lead the transition from manual Tally-based workflows to a structured, SOP-driven, real-time financial environment using new system under development covering Books, Inventory, Contracts and Analytics.
• Establish month-end closing discipline .
• Implement daily cash/bank reconciliation and weekly inventory reconciliation.
• Enforce material receiving control, supplier reconciliation, and digital approval workflows.
• Ensure accurate dual-system (Tally + New System) operation during the transition year.

RMG Sector Experience Not Mandatory

• The candidate should be experienced in financial management, planning, administration, budgeting and auditing along with supervisory capability.
• Proven experience in treasury management, working capital optimization, and banking negotiations.
• Experience leading finance transformation, ERP rollout, or digital implementation in a medium-to-large organization.