Posted:15 hours ago|
Platform:
On-site
Full Time
Job Title: Chief Financial Officer (CFO) – Manufacturing Unit Location: Chennai Reports To: Managing Director / CEO Qualification: Chartered Accountant (CA) Experience: Minimum 15 years, with at least 5 years in a leadership role in manufacturing Job Summary: The CFO will lead the financial strategy, planning, and management for the manufacturing unit. As a key member of the executive team, the CFO will provide sound financial advice, ensure compliance with statutory requirements, oversee financial operations, and contribute to long-term strategic decision-making. Key Responsibilities: Financial Strategy & Leadership: Develop and execute financial strategies aligned with business goals. Provide strategic recommendations to the CEO/MD and executive team. Lead annual budgeting, forecasting, and financial planning processes. Financial Management & Reporting: Ensure accurate, timely financial statements and management reports. Oversee month-end and year-end closure processes. Analyse financial performance, identify trends, and provide actionable insights. Cost Control & Operational Efficiency: Monitor manufacturing costs and implement cost-reduction initiatives. Improve working capital management (inventory, receivables, payables). Evaluate capital expenditures and ROI on new projects and machinery. Compliance & Risk Management: Ensure compliance with statutory and regulatory requirements (Companies Act, GST, Income Tax, etc.). Coordinate audits (internal, statutory, and tax) and interface with auditors and regulatory bodies. Establish internal controls and risk mitigation policies. Treasury & Fund Management: Manage cash flow, banking relationships, and fund requirements. Optimize capital structure and funding options. Monitor forex exposure, hedging, and investment strategies. ERP & Systems Oversight: Lead financial digitization initiatives including ERP implementation/improvement. Drive automation in reporting and analytics. Team Leadership: Lead, mentor, and develop the finance and accounts team. Promote a culture of accountability and continuous improvement. Qualifications & Skills: Chartered Accountant (CA) with strong financial acumen. Proven experience in a manufacturing or industrial environment. Expertise in cost accounting, budgeting, and financial analysis. Deep understanding of compliance, taxation, and financial regulations. Strong leadership and interpersonal skills. Proficiency in ERP systems (SAP/Oracle/MS Dynamics) and advanced Excel skills. Strategic thinking with hands-on execution ability. Preferred Attributes: Exposure to lean manufacturing or Six Sigma methodologies. Experience with M&A, due diligence, and corporate restructuring. Ability to work in a fast-paced, dynamic environment. Job Type: Full-time Pay: ₹123,789.00 - ₹253,807.53 per month Benefits: Health insurance Paid time off Provident Fund Schedule: Day shift Work Location: In person
Powerol Energy Systems
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