Chief Financial Officer – Foundry/Manufacturing Native

The Corporate Institute; Hubli; On-site; INR 6,000,000 - 9,000,000; Full time

Job summary

The Corporate Institute invites applications for a Chief Financial Officer (CFO) to lead the finance function and collaborate closely with the CEO and Board in Belagavi, Karnataka. This role focuses on professionalising the finance team, strengthening governance, and guiding the company through its next growth phase.

Ideal candidates have 20+ years in senior finance roles, with prior experience in foundry, casting or related manufacturing sectors, and a strong grasp of costing, working capital

Qualifications

• 20+ years of overall professional experience in senior finance leadership roles such as CFO/Finance Director or equivalent.
• Strong understanding of manufacturing operations, costing, working capital and plant-business economics.
• Proven experience in strengthening financial processes, internal controls, governance and compliance frameworks.
• Ability to partner with the CEO/Board on strategy and financial matters.

Responsibilities

• Lead the overall finance function including planning, reporting, controllership, treasury and taxation.
• Partner with the CEO and Board on business strategy, capital allocation and growth initiatives.
• Strengthen financial processes, internal controls and regulatory compliance.
• Drive finance transformation and build a professional finance team.
• Provide financial and commercial insights to support operations and strategic decisions.
• Collaborate with manufacturing leadership to improve cost management and profitability.
• Establish robust MIS and reporting systems for timely business insights.
• Oversee relationships with auditors, bankers and regulators.

Skills

Leadership

Stakeholder management

Communication skills

Strategic finance

Internal controls

Education

CA / MBA (Finance) / equivalent

Job description

Our client, a leading manufacturing company in the foundry sector, is looking to appoint a Chief Financial Officer (CFO) to lead the finance function and partner closely with the CEO and Board.

The CFO will play a key role in strengthening the organisation’s financial and governance framework, professionalising the finance function and supporting the company’s next phase of growth and transformation.

Key Responsibilities:

• Lead the overall finance function, including financial planning, reporting, controllership, treasury, taxation and compliance.
• Partner with the CEO and Board on business strategy, financial planning, capital allocation and growth initiatives.
• Strengthen financial processes, internal controls, governance frameworks and regulatory compliance.
• Drive the professionalisation and transformation of the finance function, including building and developing a strong finance team.
• Provide financial and commercial insights to support operational and strategic decision-making.
• Work closely with manufacturing and business leadership to improve cost management, profitability and overall financial performance.
• Establish robust MIS and reporting systems to provide timely and actionable business insights to the leadership team.
• Support organisational transformation and the company’s leadership transition through strong financial stewardship.
• Oversee relationships with auditors, bankers, regulators and other key financial stakeholders.

Candidate Profile:

• Experience: 20+ years of overall professional experience, with significant experience in senior finance leadership roles such as CFO, Finance Director or equivalent.
• Industry: Prior experience in foundry, casting, automotive components or related manufacturing industries is strongly preferred.
• Strong understanding of manufacturing operations, costing, working capital and plant - business economics.
• Strong financial and commercial acumen, with the ability to connect financial performance with business operations.
• Proven experience in strengthening financial processes, internal controls, governance and compliance frameworks.
• Demonstrated experience in building - professionalising finance teams and driving finance transformation.
• Strong experience in partnering with the CEO, Board and business leadership on strategic and financial matters.
• Candidates should have strong leadership, stakeholder management and communication skills.

Location:

Belagavi, Karnataka

Critical Requirement:

Candidates must be willing to relocate to Belagavi with their families. Given the nature of the role and the requirement for sustained involvement with the business and its leadership, relocation to Belagavi is a key consideration.

Education:

CA / MBA (Finance) / equivalent qualification preferred.