CFO

Chief Financial Officer (CFO)

We are a leading developer of high-performance friction materials for industrial and automotive sectors. As we expand our presence in India, we are seeking a dynamic, detail-oriented, and strategically-minded Chief Financial Officer (CFO) to join our leadership team. This role is pivotal in driving operational excellence across key support functions.

The CFO will be a crucial member of our senior management, overseeing the company's financial performance and supervising the Purchase, Accounts, HR, and Administration departments. The ideal candidate will possess a strong financial background in the manufacturing industry, coupled with a proven ability to lead cross-functional teams and contribute to both strategic decision-making and day-to-day operations.

Key Responsibilities

• Financial Strategy & Control:
• Lead the annual budgeting, forecasting, and financial reporting processes.
• Monitor cash flow, working capital, and funding requirements.
• Ensure compliance with Indian accounting standards (Ind AS), tax laws (Direct/Indirect), and statutory audit processes.
• Liaise with external stakeholders—banks, auditors, consultants, and government authorities.
• Purchase & Procurement Oversight:
• Supervise the procurement process and support cost optimization initiatives.
• Implement procurement controls, supplier evaluation systems, and contract compliance.
• Align purchasing activities with production and inventory requirements.
• Accounts Management:
• Oversee day-to-day accounting functions including ledger management, GST, TDS, and reconciliations.
• Ensure timely book closures and preparation of accurate financial statements.
• Drive improvements in reporting processes and internal financial controls.
• HR & Administration Oversight:
• Oversee HR operations: payroll, statutory compliances (PF, ESIC, Gratuity), and policy implementation.
• Guide recruitment, employee retention strategies, and performance management frameworks.
• Supervise general administration including infrastructure, safety, and asset management.
• Leadership & Governance:
• Support the General Manager and Board with financial insights for strategic planning.
• Evaluate capex proposals, automation opportunities, and new initiatives.
• Lead and mentor teams across the Finance, Purchase, HR, and Admin functions.

Candidate Profile

Educational Qualifications:

• MBA (Finance) or Chartered Accountant (CA) preferred.
• Additional certifications in HR, law, or operations are a plus.

Professional Experience:

• Minimum 7-10 years of experience in finance leadership roles.
• Strong exposure to manufacturing sector operations and compliance is mandatory.

Skills & Attributes

• Strong grasp of Indian taxation, Companies Act, labor laws, and import/export regulations.
• Familiarity with ERP/accounting software (Tally, SAP, etc.).
• Excellent communication, leadership, and interpersonal skills.
• Ability to work collaboratively with cross-functional teams and international stakeholders.
• High integrity, analytical thinking, and solution-oriented approach.
• Proficiency in English; knowledge of Hindi and Marathi preferred.

Compensation

Attractive and commensurate with experience and industry benchmarks.