Website Virtuous Advisors and Resources Pvt. ltd.
Preferred Candidate Profile (Must Have):
– Candidates with strong familiarity with North India business ecosystems will be preferred.
– Individuals originating from Punjab or having strong personal, cultural, or family connections to the region would be advantageous.
– Willingness and ability to relocate to Punjab along with family is essential.
– Strong Financial Controller background with deep expertise in costing, financial controls, accounting standards, performance management, value creation initiatives, and fundraising activities.
– Ability to run finance function across multiple manufacturing plants.
– Proven experience in manufacturing organizations with responsibility across multiple plants and complex operational environments.
– Stable career progression with strong professional credibility and long-term organizational commitment.
About the Role:
The Group Chief Financial Officer (Group CFO) will be responsible for providing strategic financial leadership across a diversified business group with multiple operating entities and business verticals. The role involves driving financial performance, capital allocation, treasury management, corporate governance, risk management, investor relations, and long-term value creation. The Group CFO will work closely with the Board, Promoters, Business Heads, and Leadership Team to support growth initiatives, operational excellence, and strategic decision-making.
Key Responsibilities:
1. Strategic Finance & Business Partnership:
– Partner with the Board and senior leadership to formulate and execute the Groups financial strategy.
– Provide insights on business performance, profitability, capital deployment, and growth opportunities.
– Support mergers, acquisitions, joint ventures, investments, and strategic partnerships.
– Lead financial planning, budgeting, forecasting, and long-term business planning.
2. Financial Control & Governance:
– Ensure robust financial controls, policies, and governance frameworks across all business entities.
– Oversee financial reporting, accounting, audits, taxation, and statutory compliance.
– Drive standardization of financial processes and reporting mechanisms across the Group.
– Ensure adherence to regulatory requirements and best corporate governance.
3. Treasury & Capital Management:
– Manage Group treasury operations, banking relationships, and liquidity planning.
– Optimize capital structure, working capital, and cash flow management.
– Lead debt raising, refinancing, and capital market transactions as required.
– Evaluate funding requirements for existing and new business initiatives.
4. Performance Management:
– Establish financial and operational performance metrics across business units.
– Monitor profitability, cost efficiency, return on capital employed, and business productivity.
– Drive margin enhancement, cost optimization, and operational efficiency.
5. Risk Management:
– Develop and strengthen enterprise risk management frameworks.
– Identify financial, operational, regulatory, and strategic risks and implement mitigation plans.
– Ensure adequate insurance coverage and business continuity planning.
6. Stakeholder Management:
– Build strong relationships with banks, financial institutions, auditors, advisors, regulators, and investors.
– Present financial performance and strategic initiatives to the Board and key stakeholders.
– Support fundraising, investor communication, and due diligence activities.
– Lead negotiations with lenders, rating agencies, and strategic partners to support business objectives.
7. Leadership & Team Management:
– Lead and develop finance teams across multiple business units and geographies.
– Foster a culture of accountability, performance excellence, and continuous improvement.
– Drive finance transformation initiatives, including process automation and digitalization.
– Promote cross-functional collaboration to support strategic and operational business goals.
Key Deliverables:
– Group-wide financial strategy aligned with business objectives.
– Accurate and timely consolidated financial reporting.
– Run finance function across multiple manufacturing plants.
– Efficient treasury and working capital management.
– Improved profitability and return on capital.
– Robust governance, compliance, and risk management framework.
– Successful execution of fundraising, M&A, and strategic finance initiatives.
– Enhanced financial visibility and decision-support systems for leadership.
– Strong stakeholder confidence and financial credibility.
Key Performance Indicators:
– Revenue growth, EBITDA expansion, and overall profitability improvement.
– Effective working capital management, cash flow generation, and treasury optimization.
– Return on Capital Employed (ROCE) and Return on Equity (ROE) enhancement.
– Timely, accurate, and compliant financial reporting, audit closure, and regulatory adherence.
– Successful execution of strategic initiatives, including fundraising, M&A, and capital allocation decisions.
– Cost optimization, operational efficiency improvements, and value creation across business units.
– Development of a high-performing finance organization through talent management, succession planning, and process automation.
Qualifications and Experience:
– Chartered Accountant (CA) is mandatory; MBA/CPA/CFA preferred.
– 1825+ years of progressive experience in finance leadership roles.
– Prior experience in large manufacturing-led organizations or diversified business groups operating across sectors such as Textiles, Paper & Packaging, Chemicals, FMCG, Consumer Products, Infrastructure, Building Materials, or Renewable Energy.
– Exposure to complex multi-entity structures, listed companies, and large-scale operations with revenues exceeding 2,000 Cr will be highly preferred.
– Ability to run finance function across multiple manufacturing plants.
– Proven experience as CFO, Group CFO, Finance Director, or equivalent senior leadership position within a large diversified organization.
– Strong exposure to manufacturing and diversified business environments is preferred.
– Highly driven, result-oriented professional with a strong ownership mindset and passion for excellence.
– Demonstrated experience in treasury, capital raising, M&A, business finance, taxation, and corporate governance.
– Strong understanding of financial regulations, accounting standards, and risk management practices.
– Demonstrated leadership capability with a track record of building high-performing teams and delivering sustained business results.
– Experience in leading large, multi-location finance teams.
Required Competencies:
1. Leadership Competencies:
– Strategic thinking and business acumen.
– Executive presence and stakeholder management.
– Change management and organizational leadership.
– High level of integrity and ethical judgment.
2. Functional Competencies:
– Financial planning and analysis.
– Treasury and capital management.
– Corporate finance and M&A.
– Risk management and governance.
– Financial reporting and regulatory compliance.
– Performance management and business partnering.
3. Behavioral Competencies:
– Strong analytical and problem-solving skills.
– Excellent communication and presentation abilities.
– Ability to influence senior stakeholders and drive decision-making.
– Results-oriented with a focus on execution excellence.
– Collaborative leadership style with strong people management capabilities.
To apply for this job please visit www.iimjobs.com.
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