Chief Financial Officer (CFO)
We are a leading developer of high-performance friction materials for industrial and automotive sectors. As we expand our presence in India, we are seeking a dynamic, detail-oriented, and strategically-minded Chief Financial Officer (CFO) to join our leadership team. This role is pivotal in driving operational excellence across key support functions.
The CFO will be a crucial member of our senior management, overseeing the company's financial performance and supervising the Purchase, Accounts, HR, and Administration departments. The ideal candidate will possess a strong financial background in the manufacturing industry, coupled with a proven ability to lead cross-functional teams and contribute to both strategic decision-making and day-to-day operations.
Key Responsibilities
- Financial Strategy & Control :
- Lead the annual budgeting, forecasting, and financial reporting processes.
- Monitor cash flow, working capital, and funding requirements .
- Ensure compliance with Indian accounting standards (Ind AS), tax laws (Direct / Indirect), and statutory audit processes .
- Liaise with external stakeholders—banks, auditors, consultants, and government authorities.
- Purchase & Procurement Oversight :
- Supervise the procurement process and support cost optimization initiatives .
- Implement procurement controls, supplier evaluation systems , and contract compliance .
- Align purchasing activities with production and inventory requirements.
- Accounts Management :
- Oversee day-to-day accounting functions including ledger management, GST, TDS, and reconciliations.
- Ensure timely book closures and preparation of accurate financial statements .
- Drive improvements in reporting processes and internal financial controls .
- HR & Administration Oversight :
- Oversee HR operations : payroll, statutory compliances (PF, ESIC, Gratuity), and policy implementation.
- Guide recruitment, employee retention strategies , and performance management frameworks .
- Supervise general administration including infrastructure, safety, and asset management .
- Leadership & Governance :
- Support the General Manager and Board with financial insights for strategic planning .
- Evaluate capex proposals, automation opportunities , and new initiatives.
- Lead and mentor teams across the Finance, Purchase, HR, and Admin functions .
Candidate Profile
Educational Qualifications :
MBA (Finance) or Chartered Accountant (CA) preferred.Additional certifications in HR, law, or operations are a plus.Professional Experience :
Minimum 7-10 years of experience in finance leadership roles .Strong exposure to manufacturing sector operations and compliance is mandatory.Skills & Attributes
Strong grasp of Indian taxation, Companies Act, labor laws, and import / export regulations .Familiarity with ERP / accounting software (Tally, SAP, etc.) .Excellent communication, leadership, and interpersonal skills .Ability to work collaboratively with cross-functional teams and international stakeholders .High integrity, analytical thinking, and solution-oriented approach .Proficiency in English; knowledge of Hindi and Marathi preferred.Compensation
Attractive and commensurate with experience and industry benchmarks.
Skills Required
financial strategy , Budgeting, Forecasting, Statutory Audit, Procurement, Reporting, Hr Operations