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CFO

CFO

ConfidentialThane, Mumbai
30+ days ago
Job description

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

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