Chief Financial Officer (10-20 yrs)

Position Title: Cluster Head - Finance

Location: Cluster HQ

Department: Finance

Key Responsibilities:

1. Financial Books & Compliance:

- Maintain financial records in line with company policies, Local GAAP, IFRS, and statutory requirements.

- Ensure hygiene of books through regular reviews and provide insights to management.

- Manage audits efficiently and liaise with internal auditors for timely resolutions.

2. Profit & Budget Management:

- Support the Cluster Head in achieving project profit margins.

- Ensure timely submission of MIS reports and participate in budget preparation.

- Identify cost control measures during business reviews to align with approved budgets.

3. Compliance & Risk Management:

- Ensure all business units adhere to internal company guidelines and local regulations (direct/indirect taxation).

- Develop a compliance checklist and ensure the business unit meets all regulatory requirements.

4. Working Capital & Cash Flow Management:

- Manage and monitor working capital for the cluster to optimize cash flow.

- Implement cost-control measures to improve financial efficiency.

5. ERP Implementation:

- Collaborate with the Group Finance Head to implement ERP systems for finance processes and ensure efficient utilization.

6. Procurement & Cost Control:

- Review procurement processes to ensure cost-effectiveness and risk mitigation.

7. Team Development:

- Plan manpower, foster motivation, and drive competence development among team members.

8. Business Partnership:

- Act as a strategic business partner to the Cluster Head and Business Units by offering financial insights and commercial acumen.

Critical Job Activities:

- Ensure timely maintenance of financial records under Local GAAP and IFRS.

- Guide and train team members on bookkeeping and financial hygiene.

- Conduct quarterly Limited Reviews and year-end audits as per timelines.

- Collaborate with internal/external auditors for seamless audits.

- Support the preparation of budgets, forecasts (F0, F1, F2 & F3), and variance analysis to ensure financial targets are met.

- Participate actively in business reviews, ensuring cost control measures align with budgetary goals.

- Oversee tax filings, regulatory compliance, and documentation for statutory requirements.

Required Competencies:

- Strong knowledge of financial accounting standards (Local GAAP, IFRS)

- Budgeting, Forecasting, and Financial Analysis

- ERP System Implementation (Finance Modules)

- Team Leadership and People Management

- Effective Communication and Stakeholder Management

Performance Levels:

- Demonstrated ability to meet financial deadlines

- Efficient risk management and cost-control initiatives

- Ensured compliance across finance, taxation, and reporting domains

Ideal Candidate Profile:

- Qualified Chartered Accountant (CA) / Certified Public Accountant (CPA) / MBA (Finance) or equivalent

- 10+ years of experience in financial management, preferably in EPC, Infrastructure, or Engineering sectors

- Proven track record in managing complex financial operations and supporting business growth