Chief Financial Officer

India's largest manufacturer of fittings and accessories · Tamil nadu, India

India's largest manufacturer of fittings and accessories in the Energy sector. They have multiple manufacturing facilities and state-of-the-art testing laboratories in Chennai. In some of the product categories, they are having over 40% market share in the Indian market. The company has 5 decades of rich legacy.

Key responsibilities

• Strategic Planning and Execution: Supporting the Board to develop and implement the long-term strategies to achieve the company’s objectives.
• Budgeting: Developing and managing annual budgets, ensuring the efficient allocation of resources, and making critical financial decisions to enhance profitability.
• Financial Management: Overseeing the company's financial performance, investments, and other business ventures. Also managing Treasury operations, including fund transfers, investments, and monitoring of daily banking activities.
• Risk Management: Identifying potential risks to the business and implementing measures to mitigate them.
• Stakeholder Relations: Managing internal and external shareholders from the financial and accounting process management perspective
• Corporate Governance: Ensuring that the company adheres to the highest standards of corporate governance.
• Supporting the Board: Working with the board of directors to shape policy and direction.
• MIS: Facilitating preparation of monthly financials, monthly dashboard, Ind AS compliance, board presentation, IFCFR compliance, variance analysis, handling fixed assets module, statutory audit, ERP implementation, working knowledge in ERP
• Tax Planning: Leading tax planning, reporting and compliance efforts for domestic operations; proficient in minimizing the company’s tax exposure while ensuring compliance with all applicable laws and regulations
• Financial Review: Reviewing financial reporting processes and controls, directing the team to enhance processes as needed.
• Statutory Compliance: Supervising the team's compliance with statutory audit, internal audit, and cost audit deadlines, ensuring completion as per Board directives.

Preferred Profile

• Qualified Chartered Accountant with atleast 20+ years of experience.
• Currently should be holding a similar role in a discrete manufacturing company having multiple plants
• Hands-on experience in transforming finance and accounts process
• Led and managed JVs with global corporation