Job description:
Job Summary:
The Chief Financial Officer (CFO) will lead the financial strategy, planning, and management of the company's operations within the automotive sector. This role requires a strategic leader with deep knowledge of automotive manufacturing, supply chain finance, dealer networks, and capital-intensive operations. The CFO will work closely with the CEO and executive team to drive financial performance, manage risks, and ensure sustainable growth in a competitive and rapidly evolving industry.
Key Responsibilities:1. Financial Strategy & Leadership
- Develop and implement financial strategies aligned with the company's short- and long-term business goals.
- Provide financial insights and recommendations to guide executive decision-making.
- Oversee corporate budgeting, forecasting, and financial planning processes.
- Support growth initiatives such as EV expansion, R&D investment, and M&A opportunities.
2. Financial Management & Reporting
- Manage all financial operations, including accounting, budgeting, taxation, and compliance.
- Oversee preparation of financial statements in accordance with local and international accounting standards (e.g., IFRS, GAAP).
- Ensure accurate, timely financial reporting to stakeholders, investors, and regulatory bodies.
- Develop KPIs and financial dashboards for real-time performance monitoring.
3. Cost Control & Operational Efficiency
- Lead cost optimization initiatives across manufacturing plants, logistics, and procurement.
- Implement robust financial controls to manage working capital, raw material costs, and inventory levels.
- Partner with operations and supply chain teams to improve efficiency and profitability.
4. Capital Management & Financing
- Manage relationships with banks, investors, and financial institutions.
- Oversee fundraising, credit facilities, and capital structure decisions.
- Drive investment decisions on new plants, technologies (e.g., EV, hybrid systems), and automation.
5. Risk Management & Compliance
- Identify and mitigate financial and operational risks.
- Ensure compliance with automotive industry regulations, environmental standards, and financial laws.
- Lead internal audit, insurance, and corporate governance functions.
6. Team Leadership
- Build and mentor a high-performing finance team across multiple locations.
- Foster a culture of accountability, integrity, and continuous improvement.
- Collaborate cross-functionally with production, sales, R&D, and procurement departments.
Qualifications & Experience:
- Education:Chartered Accountant (CA) fromThe Institute of Chartered Accountants of India (ICAI).
- Certification:ICAI Certified CFO Programme mandatory/preferred.
- Experience:Minimum15 yearsof experience in finance and accounts, with at least5 years in a leadership or CFO rolewithin theautomobile or manufacturing industry.
- Proven experience in plant finance, cost control, and financial planning in capital-intensive environments.
- Strong command overInd AS, IFRS, GST, Corporate Taxation, and Companies Actcompliance.
- Proficiency in ERP and financial systems (SAP, Oracle, Tally Prime, or similar).
