Chief Financial Officer

Key Responsibilities
1. Profitability & EBITDA Management
Drive improvement in gross margin, EBITDA and PBT through pricing, product mix, cost optimization and productivity
EBITDA margin improvement by 1–2%; PBT growth

2. Working Capital Management
Control receivables, inventory and payables; improve cash conversion cycle
Reduce DSO by 5–10 days; inventory reduction by 5–10%; CCC improvement

3. Cash Flow & Treasury
Ensure adequate liquidity, cash forecasting, banking and funding
Positive operating cash flow; 13-week cash-flow forecast; optimise interest cost

4. Cost Management
Establish product-wise/plant-wise cost visibility; monitor material, labour, power, scrap and overhead costs
3–5% controllable cost reduction annually

5. Budgeting & Business Planning
Annual budget, rolling forecast, monthly variance analysis and corrective actions
Budget accuracy within ±5%; monthly review by 7th–10th

6. Plant & Manufacturing Finance
Monitor plant profitability, capacity utilisation, yield, scrap, production variance and manufacturing overhead absorption
Improve contribution/margin; reduce conversion cost and scrap

7. Capex & Investment Management
Evaluate business cases, ROI/IRR, payback, capex control and post-investment review
100% major capex with financial appraisal; capex within ±5% of approved budget

8. Banking & Financing
Manage banks, working-capital limits, term loans, LC/BG, interest rates and financing structure
Reduce borrowing/interest cost; maintain adequate liquidity

9. Financial Reporting & MIS
Provide accurate, timely and decision-oriented financial MIS to MD/Board
Monthly MIS by 7th–10th; zero material reporting errors

10. Statutory Compliance & Governance
GST, Income Tax, Companies Act, audits, ROC, statutory accounts and other regulatory requirements
Zero major compliance observations/penalties

11. Internal Controls & Risk Management
Strengthen controls over procurement, inventory, sales, payments, receivables and delegation of authority
Zero major control failures; closure of audit observations within agreed timelines

12. Commercial Finance
Support pricing, customer profitability, credit terms, tender/project costing and commercial negotiations
Improve customer/product contribution; tighter credit discipline

13. Tax Planning
Ensure tax efficiency while maintaining full compliance; evaluate incentives applicable to manufacturing
Optimise effective tax rate; zero major tax disputes arising from non-compliance

14. ERP / Finance Digitization
Improve automation, dashboards, financial analytics and ERP controls
Reduce manual reporting; improve MIS turnaround and data accuracy

15. Strategic Business Partnering
Support MD/CEO in expansion, new products, pricing, M&A/JV opportunities and business strategy
Financial evaluation of 100% strategic proposals

16. Team & Finance Capability
Build a strong finance team, succession plan and performance culture
Critical positions covered; development plans for second line