Job Title: Chief Financial Officer Qualification: BCom and CA (Essential), CS + MBA (Desirable) Experience: 15 to 18 years,Atleast 5-7 years as Head of Finance & Accounts in mid- sized company (Rs 4000 Cr +). Budget: Upto 55 LPA Location: Kolkata Industry: Manufacturing organization Role Purpose & Summary: • Coordinate with the Director of Finance to align financial practices with strategic goals and ensure effective financial governance for all Group Nirmal companies including subsidiaries and joint ventures • Oversee and manage all financial operations, including budgeting, forecasting, and financial reporting, ensuring accuracy and compliance. • Lead the finance and accounting team, ensuring adherence to internal controls / regulatory requirements. • Support in implementing approved financial strategies (Optimise Cost of funds) for company's growth and operational efficiency • Monitor and analyse financial performance, providing recommendations to improve profitability and cost. Good amount of exposure in finance and banking, not only in financial controlling. Roles & responsibilities: Strategic Financial Leadership: • Implement 3-Year Strat Plan of the Function, aligned to the Group 3-Year Strat Plan and Implement Annual Operating Plan (AOP) of the Function, aligned to Group AOP and accountability to deliver to the required outcomes • Lead financial planning, analysis, budgeting, and forecasting processes to ensure alignment with business goals Build the Finance and Accounts Organization and Team: • Propose review the organization structure, Roles and design for the Function and align it to Strat Plan/ AOP requirements • Implement Balanced Score Card (BSC) of the HoDs - 1 of the Function. • Manage employee engagement, performance management, learning & development of own team. • Lead and mentor the finance team, fostering a culture of high performance, collaboration, and continuous improvement. Financial Management, Reporting, and Process Optimization: • Review, define and recommend Accounting and Finance Manual, policies for Director Approval and release. • Develop, implement, and continuously improve financial processes, policies, controls and SOPs, including the maintenance of an Accounting Manual to ensure standardization and compliance and safeguard company’s assets. • Manage the annual audit process and liaise with external auditors, ensuring the integrity of financial data. • Oversee the preparation of financial statements and management reports, ensuring accuracy, timeliness, and compliance with relevant accounting standards and regulatory requirements as per defined Close Calendar. • Manage all regulatory and Tax related liaison and resolution of any demand/ notices and assessment through appropriate representation to relevant tax/ regulatory authorities. • Support in Treasury related recommendations and necessary documentation including Banking relationships and Drive CAPEX Process accounting. • Review, assess and advise Director – Finance & Accounts and Business council on Financial Hedging, Forex Exposure and Metals Hedging related gain/ loss analysis and actions. Operational Finance, Cost Management, and Process Efficiency: • Setup Product Cost and Management Accounting and review processes for continuous cost optimization/ Business forecast and Action planning • Monitor key financial metrics and performance indicators, providing regular updates to the executive team. • Ensure effective cash flow management, including overseeing treasury functions, working capital, and liquidity management. • Drive digital finance transformation initiatives to improve financial processes and data analytics capabilities, including the implementation of new technologies such as ERP systems, AI, and automation tools. Corporate Development, M&A and Risk Management: • Support Director for all Strategic initiatives, including mergers, acquisitions, joint ventures, and strategic partnerships with Due diligence, valuation analysis and integration planning for potential acquisitions or divestitures. • Implement Financial and Capital risk management policies, procedures, processes and controls. • Identify, evaluate, and manage financial risks, including currency, interest rate, Procurement risks and credit risks. • Ensure compliance with local, regional, and international financial regulations, including tax, reporting, and financial standards. Qualifications & Skills: • Minimum graduate and a qualified CA . • Qualified CS and MBA in Finance is desirable. • Typical role requires a professional experience of ~15-18 years in Industrial products Manufacturing organization . Atleast 5-7 years as Head of Finance & Accounts in mid- sized company (Rs 4000 Cr +). Technical/ Functional Knowledge and Skills: • Proven experience in strategic financial planning, analysis, and reporting. • Experience in building the Finance and Accounts Function for a Promoter led business • Demonstrated expertise in building and optimizing financial processes, policies, and SOPs, including the development of an Accounting Manual. • Experience in driving digital finance transformation and new technologies in the finance function. • Strong knowledge of financial regulations, tax laws, and compliance requirements. • Experience in working within a multinational or multi-location organization is an advantage. IT/ Computer Knowledge and Skills: ERP- Intermediate (10 Years) EXCEL/ Google Sheets- Intermediate (5 Years) Analytics- Intermediate (3 Years) Personal Attributes (Describe the soft skills/ personal qualities/ characteristics that are important for success in the role) : Networking Industry Engagement Liaison / Government interface Knowledge of Local Language Organization building Integrity Ethics Team Leadership Travel intensive work If you are interested, kindly share your updated CV at or @9230998560
Job Title
Chief Financial Officer