Group CFO – Engineering – CA

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.