AddressDeputy CFO - Manufacturing Industry
The incumbent will play a pivotal role in the financial leadership team, assisting the CFO in steering the company's financial strategies and operations. This position requires a seasoned finance professional with a deep understanding of financial management, regulatory compliance, and strategic planning. The incumbent will contribute to optimizing financial performance, ensuring fiscal discipline, and enhancing governance standards.
Qualification & Experience required
- Chartered Accountant (CA) or equivalent qualification.
- Experience: 15-20 years in finance and accounting, preferably in a leadership role.
- Proven track record in managing financial operations for mid-sized companies.
- Strong knowledge of regulatory compliance, financial modeling, and risk management.
- Excellent communication and leadership skills.
- Good Knowledge of SAP is must
Duties and Responsibilities:
Financial Reporting:
- Supervise the preparation of accurate and timely financial reports on monthly / quarterly / annual basis
- Ensure compliance with IND AS, accounting principles, statutory regulations, and stock exchange requirements.
- Evaluate financial risks and implement strategies to mitigate potential threats.
Financial Planning and Analysis:
- Development of strategic financial plans and budgets and regular monitoring thereof through monthly variance analysis.
- Conduct financial analysis to support decision-making and identify opportunities for cost optimization and productivity enhancement.
Strategic Financial Leadership:
- Assist in formulating and executing financial strategies aligned with organizational goals.
- Provide insights and recommendations to drive business growth and profitability.
Compliance and Governance:
- Collaborate with auditors and regulatory bodies for audits and inspections.
- Ensure compliance with regulatory and legal requirements.
Working Capital Management:
- Oversee cash flow, liquidity, and working capital management.
- Monitoring Inventory and Debtors levels and ensuring timely reporting
- Compliance with Bank's Covenants for working capital borrowings
- Cash Flow management
- Team Management
- Lead and mentor a team of finance professionals.
- Foster a culture of accountability, excellence, and continuous improvement.
- Collaborate with cross-functional teams to achieve organizational objectives.
Other Skills Required:
- Collaborate with internal and external stakeholders, including auditors, regulatory bodies, and investors.
- Communicate financial performance and forecasts to the executive team and the board
- Position reports to: Group CFO ( A multi billion group)
