Job Title : Chief Financial Officer (CFO)
Company : The SCM Silk (The Chennai Silk Group)
Location : Tirupur, Tamil Nadu
Department : Finance & Accounts
Reports To : Managing Director / CEO
Job Summary :
The Chief Financial Officer (CFO) will be responsible for overseeing all financial operations, strategic financial planning, risk management, and corporate governance of The SCM Silk . The role requires a strong leader with deep expertise in financial strategy, budgeting, cost control, and compliance—ensuring the company's financial health supports its long-term business goals in the textile and apparel supply chain industry.
Key Responsibilities : 1. Strategic Financial Management
- Develop and implement financial strategies aligned with the company's vision and growth plans.
- Lead financial forecasting, budgeting, and variance analysis.
- Provide strategic recommendations to the MD and senior management based on financial analysis and projections.
2. Financial Operations & Control
Oversee all accounting, financial reporting, and internal control systems.Monitor cash flow, receivables, and payables to ensure optimal liquidity and working capital.Ensure accurate and timely preparation of MIS, P&L, and balance sheet reports.3. Compliance & Governance
Ensure compliance with statutory requirements under Companies Act, Income Tax, GST, and other financial regulations.Coordinate with auditors, consultants, and government bodies for audits and regulatory filings.Implement robust risk management and internal control frameworks.4. Cost & Profitability Management
Drive cost optimization across operations, procurement, and production processes.Conduct profitability analysis by division, project, or product line.Oversee pricing strategies and financial feasibility for new business initiatives.5. Leadership & Team Management
Lead and mentor the Finance, Accounts, and Audit teams.Establish a culture of accountability, transparency, and continuous improvement.Collaborate cross-functionally with Operations, HR, SCM, and Project teams for financial alignment.6. Banking & Investor Relations
Manage relationships with banks, financial institutions, and investors.Oversee fund management, loan documentation, and treasury operations.Support fund-raising and capital allocation decisions as required.Qualifications & Requirements :
Chartered Accountant (CA) or Cost Accountant (ICWA) mandatory.10–15 years of progressive experience in Finance & Accounts, with at least 5 years in a senior leadership role.Strong exposure to manufacturing, textile, or supply chain industries preferred.In-depth knowledge of financial laws, taxation, and corporate governance.Expertise in ERP / financial systems (SAP, Tally, or similar).Excellent analytical, decision-making, and leadership skills.Strong communication and stakeholder management abilities.Key Competencies :
Strategic Financial PlanningBusiness Acumen & Commercial InsightLeadership & Team DevelopmentCompliance & Risk ManagementAnalytical Thinking & Problem SolvingNegotiation and Decision-MakingSkills Required
Tally, Sap, Compliance, Balance Sheet, Variance Analysis, Financial Reporting, Risk Management, Financial Forecasting, Cost Control, Budgeting, Mis, financial strategy