Chief Financial Officer

Wenwomen Entrepreneur Network; Ranchi; On-site; INR 2,500,000 - 6,500,000; Full time

Job summary

Wenwomen Entrepreneur Network in Ranchi, Jharkhand seeks an experienced financial leader to oversee the sponge iron plant's finances. You will shape financial strategy, manage working capital, and ensure regulatory compliance including GST and mining royalties.

The role requires deep ERP experience and a proven track record in manufacturing finance. Ideal candidates have CA or MBA(Finance) with 10–15 years of finance leadership, strong integrity, and the ability to operate on-site in a demanding

Qualifications

• Formal accounting qualification (CA) or MBA in Finance with strong strategic finance skills.
• Experience leading finance in manufacturing or steel/spongy iron sectors preferred.
• Deep understanding of ERP, cost accounting, and financial modeling.

Responsibilities

• Drive financial strategy and long‑term planning for plant expansion.
• Control operating costs and protect margins in a commodity market.
• Manage working capital, inventory, and tax/royalties compliance in Jharkhand.
• Lead audits and reporting to the Board; manage banking relationships and hedging.

Skills

Financial leadership

Strategic planning

Regulatory compliance

Education

Chartered CA

MBA (Finance)

Tools

SAP

Oracle

Tally Prime

Job description

Role Overview

We are seeking a seasoned financial leader to oversee the entire financial operations of our Sponge Iron plant. You will be responsible for financial strategy, cost control, regulatory compliance, and stakeholder management. Given the nature of the industry, a strong command of working capital cycles, inventory management, and mining-related taxation/royalties is essential.

Key Responsibilities

• Financial Strategy & Planning: Develop and execute long‑term financial plans to support plant expansion and operational efficiency.
• Operational Cost Control: Monitor unit‑level costs (raw materials, energy, logistics) to ensure margins are protected in a volatile commodity market.
• Working Capital Management: Manage cash flow, trade credit, and inventory levels (iron ore, coal, sponge iron) to ensure smooth plant operations.
• Compliance & Taxation: Ensure strict adherence to GST, corporate tax, and industry‑specific mining royalties/levies applicable in Jharkhand.
• Audit & Reporting: Lead internal and external audits; provide transparent financial reporting to the Board.
• Fund Management: Handle banking relationships, credit facilities, and hedging strategies for raw material procurement.

Required Qualifications & Skills

• Educational Background: Qualified Chartered CA or MBA (Finance) from a premier institution.
• Experience: 1015 years of experience in finance, with at least 5 years in a leadership role within the Manufacturing or Steel/Sponge Iron sector.
• Technical Proficiency: Deep understanding of ERP systems (SAP/Oracle/Tally Prime), financial modeling, and cost accounting.

Soft Skills:

• Ability to work in a demanding, on‑site plant environment.
• Strong local networking ability (knowledge of Jharkhands regulatory landscape is a significant advantage).
• High level of integrity and strategic mindset.