CFO - Advanced Materials

Michael Page; Ahmedabad District; On-site; INR 3,000,000 - 5,000,000; Full time

Benefits offered by this job

Competitive salary package

Professional growth opportunities

Comprehensive holiday and leave policies

Job summary

A leading recruitment firm is seeking a CFO for a diversified business group in Ahmedabad. The role involves acting as a key financial advisor to the leadership team, leading annual budgeting, and driving business strategy. Candidates should possess a Chartered Accountant qualification with 15-18 years of experience, including significant senior leadership in the manufacturing sector. A competitive salary package and professional growth opportunities are offered in a supportive work environment.

Qualifications

• 15-18 years of experience in finance, with 5-7 years in senior leadership roles.
• Strong background in manufacturing, industrial, or materials sectors.
• Familiarity with FP&A and strategic finance.

Responsibilities

• Act as key advisor on financial matters to the leadership team.
• Lead annual budgeting and long-range planning initiatives.
• Support pricing strategies and margin optimization.

Skills

Strategic thinking

Analytical rigor

Leadership

Cross-functional influence

Education

Chartered Accountant (CA)

Job description

Job Highlights

• Opportunity to step into a strategic, business‑partnering CFO role
• High‑impact mandate with real influence on business outcomes

About Our Client

A large organisation operating in diversified business specifically within fashion and apparel & textile. The company is known for its focus on innovation and delivering high-quality products to its customers.

Job Description

Act as a key advisor to the leadership team on financial matters and business strategy.

Financial Planning & Analysis (FP&A)

• Lead annual budgeting, long‑range planning, and rolling forecasts
• Build data‑driven financial models for revenue, cost, and capital allocation
• Drive variance analysis, identify key business drivers, and recommend corrective actions
• Establish KPI dashboards across business units (composites, technical textiles, filtration, etc.)
• Strengthen decision support systems using analytics and digital tools

Strategic Finance & Growth

• Partner with CEO and leadership team on business strategy and capital allocation
• Evaluate new business opportunities, capex investments, and M&A initiatives
• Lead scenario planning and risk analysis for expansion into new markets/products
• Support pricing strategies and margin optimization
• Drive return on capital (ROCE) improvement initiatives

Business Finance (Commercial Finance)

• Act as a strategic business partner to BU heads and operations teams
• Enable profitability analysis by product line, geography, and customer segment
• Drive cost optimization programs across manufacturing and supply chain
• Monitor working capital (inventory, receivables, payables) and cash flow efficiency
• Support sales and operations planning (SOP) with financial insights

Finance & Accounts Leadership

• Oversee accounting, financial reporting, and statutory compliance
• Ensure timely and accurate financial statements as per Ind AS / IFRS
• Manage audits, taxation, and regulatory compliance
• Establish strong internal controls and governance frameworks
• Lead finance transformation initiatives (ERP upgrades, automation, digitization)

Treasury & Capital Management

• Manage cash flow, banking relationships, and funding strategy
• Optimize capital structure and cost of capital
• Oversee forex risk management, especially for export‑driven business
• Ensure liquidity for capex‑heavy manufacturing operations

Manufacturing & Industrial Finance Focus

• Drive financial oversight of multi‑plant manufacturing operations
• Monitor plant‑level profitability, cost absorption, and efficiency metrics
• Evaluate capex projects, asset utilization, and payback periods
• Implement standard costing and variance tracking systems

Leadership & Stakeholder Management

• Build and lead a high‑performance finance team
• Engage with Board of Directors, investors, auditors, and lenders
• Support potential IPO readiness / demerger transition requirements

The Successful Applicant

A successful CFO applicant should have:

• CA with 15‑18 years of experience, with at least 5‑7 years in senior finance leadership roles

Experience

• Strong background in manufacturing / industrial / materials sector
• Proven expertise in:
  • FP&A and business finance
  • Strategic finance and capital allocation
  • Multi‑plant operations finance
• Experience in demerger, IPO, or transformation environments is a plus

Key Skills & Competencies

• Strategic thinking with strong analytical rigor
• Deep understanding of cost structures and industrial economics
• Ability to influence cross‑functional stakeholders
• Strong leadership and team‑building capabilities
• High level of integrity and governance mindset

What's on Offer

• A competitive salary package.
• Opportunities to contribute to strategic decision‑making in a large organisation.
• Work with a diversified business group in Ahmedabad.
• Supportive work environment with opportunities for professional growth.
• Comprehensive holiday and leave policies.