Group CFO – Engineering – Ahmedabad
About the Role:
- The Group Chief Financial Officer is responsible for the overall financial health, risk management operations, and IT functions of the company.
- The role involves developing financial and operational strategies, ensuring regulatory compliance, managing reporting systems, and establishing robust controls to safeguard company assets and ensure accurate financial reporting.
Location: Ahmedabad
Reporting Structure: Reports to the Managing Director
Key Responsibilities:
Strategic Planning:
- Partner with executive leadership to formulate the company’s strategic direction.
- Develop comprehensive financial and tax strategies aligned with business objectives.
- Oversee capital planning, budgeting processes, and resource allocation.
- Establish performance metrics that support strategic initiatives.
Financial Management:
- Lead the accounting, treasury, tax, and legal departments.
- Monitor working capital development with precision on a monthly basis.
- Analyze monthly financial results including product-group gross margins and overhead costs.
- Challenge the management team on improvement programs and cost reduction initiatives.
- Support financial operations of smaller group companies within the organization.
Reporting & Compliance:
- Oversee timely month-end closings and preparation of quarterly board reports.
- Present financial results with insightful analysis to the Board of Directors.
- Ensure compliance with stock exchange regulations, international transfer pricing requirements, and relevant statutory obligations.
- Manage internal MIS and group reporting with accuracy and timeliness.
Risk Management:
- Develop and maintain reliable control systems throughout the organization.
- Monitor and mitigate key elements of the company’s risk profile.
- Ensure appropriate insurance coverage for company assets and employees.
- Oversee legal issues affecting the company.
- Maintain strong relationships with external auditors and implement their recommendations.
Treasury & Funding:
- Optimize cash management practices and forecast liquidity needs.
- Deploy excess funds strategically to maximize returns.
- Maintain strong banking relationships and secure favorable financing terms.
Stakeholder Management:
- Represent the company professionally with investors, bankers, and external stakeholders.
- Participate in conference calls with key stakeholders.
- Maintain productive relationships with tax advisors, auditors, and consultants.
Qualifications & Requirements:
Education & Experience:
- CA from ICAI (required).
- 10 – 15 years of relevant experience in manufacturing sector.
- Experience liaising with Supervisory Boards and Independent Directors.
Skills & Knowledge:
- Expert in financial planning, forecasting, and budgeting.
- Strong strategic planning capabilities.
- Proficiency in financial process improvement methodologies.
- Comprehensive understanding of direct and indirect tax management.
- Working knowledge of IT functions.
- Experience with Microsoft ERP systems (preferred).
Languages:
- English (fully proficient).
- Hindi and Gujarati (limited proficiency acceptable).
Competencies:
- Result-driven with strong analytical thinking.
- Systems-oriented approach with meeting management capabilities.
- Excellent communication and coordination skills.
- Ability to work effectively with cross-functional teams.
- Demonstrated emotional maturity and performance under pressure.
- Strong sense of ownership and accountability.
Compensation:
- Upto 65L.
- Higher compensation possible for exceptional candidates.
- Position includes standard non-compete, intellectual property, and confidentiality provisions.
Preferred Candidate Profile:
- Age: Upto 45 years.
- Gender: Male.