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The Chief Financial Officer (CFO) is responsible for managing the financial strategy, planning, and operations of the company, ensuring financial health and compliance while supporting growth initiatives. In the capital equipment industry, the CFO plays a key role in asset management, financing large-scale equipment purchases, managing working capital, and driving profitability through cost control and strategic investment.Responsibilities:Strategic Leadership:
. Collaborate with the CEO and executive team to define and execute the company's strategic plan.
. Provide financial insights and recommendations to support business decisions and long-term planning.
Financial Planning & Analysis:
. Oversee budgeting, forecasting, and financial modelling.
. Analyse financial performance by comparing actual results with forecasts and budgets.
. Identify cost-saving opportunities and operational efficiencies.
Capital Structure & Financing:
. Structure financing arrangements for capital equipment sales, including leasing and customer financing programs.
. Optimise working capital, including inventory, receivables, and payables.
Accounting & Compliance:
. Ensure accurate and timely financial statements and management reporting in line with Ind AS / Indian GAAP (as applicable) and Group reporting requirements.
. Lead statutory compliance for the India entity: Companies Act and ROC filings, GST, TDS, PF/ESI, and other local regulatory requirements coordinate with Company Secretary and external advisors.
. Own the annual statutory audit and tax audit process ensure timely completion, clean audit outcomes, and closure of audit observations.
. Oversee audits, internal controls, and risk management.
. Ensure compliance with tax laws and regulatory requirements.
Operations & Supply Chain Support:
. Partner with operations and supply chain teams to align financial strategies with production planning and logistics.
. Strengthen manufacturing finance disciplines, including product costing/variance analysis, inventory controls, and gross-margin governance.
. Implement strong procure-to-pay controls (vendor onboarding, payment terms, approvals) and ensure disciplined cash-out planning aligned with production and project milestones.
. Evaluate capital expenditures and return on investment (ROI) for new equipment or plant upgrades.
Team Leadership:
. Lead and mentor the finance and accounting team. Build a high-performance finance function aligned with the company's strategic goals.
. Qualified Chartered Accountant (CA) is mandatory MBA/CPA is an advantage.
. Strong working knowledge of Ind AS / Indian GAAP, India statutory compliance, and audit requirements for a local entity.
. Practical exposure to GST (including reconciliations), TDS, and direct tax basics ability to manage external consultants and ensure timely filings.
. Experience in manufacturing finance (costing, inventory, capex) and driving working-capital improvements in an India operating environment.
. 10+ years of progressive financial leadership experience, including at least 3-5 years in the capital equipment, heavy machinery, or manufacturing industry.
. Strong understanding of project-based accounting, long sales cycles, and high-value B2B transactions.
. Proven experience in strategic planning, fundraising, M&A, and capital investment, along with strong leadership, communication, and interpersonal skills.
If you are ready to take on this exciting opportunity as a CFO, we encourage you to apply and become a key part of this dynamic team.
Michael Page has five decades of expertise in professional services recruitment. We were established in London in 1976, and over this period we've grown organically to become one of the best-known and most respected consultancies, with an office network spanning six continents.
While size has its advantages, it doesn't define us - the nature of our organic growth means that each new office is integrated into the region that it serves. It also means that as an employer looking to hire, or as a candidate aiming to grow your career you have the best of both worlds; a team that understands the market and geography you operate in, plus the resources and expertise of an international network at your disposal.
Job ID: 147550769
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