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Chief Financial Officer (CFO)

Company:
SS Placement Services
Location:
Rajpura, Punjab, India
Pay:
24 lac
Posted:
July 11, 2024
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Description:

Job Title: Chief Financial Officer (CFO)

Location: Mohali

Location : Bannur Punjab

CTC-24 L/PA

Reports To: Board of Directors

Job Overview:

The Chief Financial Officer (CFO) will be responsible for overseeing and managing all financial aspects of the company's operations within the manufacturing industry. This includes strategic financial planning, budgeting, financial analysis, risk management, and financial reporting. The CFO will ensure that the company's financial strategies align with its overall business objectives and operational goals.

Key Responsibilities:

Financial Strategy and Planning:

Develop and implement financial strategies to support the company’s growth and profitability in the manufacturing sector.

Oversee the preparation and management of budgets, forecasts, and long-term financial plans.

Analyze financial performance and market conditions specific to the manufacturing industry to identify opportunities for cost reduction and efficiency improvements.

Operational Financial Management:

Manage the financial operations, including accounting, finance, tax, and treasury functions, with a focus on manufacturing processes and costs.

Oversee cost accounting and inventory management, ensuring accurate tracking of production costs and inventory valuation.

Ensure the accuracy and integrity of financial records and statements related to manufacturing activities.

Risk Management and Compliance:

Identify and manage financial risks, including those related to production, supply chain, and market fluctuations.

Develop and implement risk mitigation strategies and internal controls tailored to the manufacturing environment.

Ensure compliance with industry regulations, financial standards, and safety protocols.

Financial Reporting and Analysis:

Oversee the preparation of monthly, quarterly, and annual financial reports.

Present financial reports and analysis to the executive team, board of directors, and stakeholders, highlighting key insights specific to manufacturing operations.

Ensure timely and accurate financial reporting in accordance with GAAP/IFRS and industry-specific standards.

Leadership and Team Management:

Lead and mentor the finance team, fostering a culture of high performance and continuous improvement.

Collaborate with other departments, including production, supply chain, and operations, to align financial strategies with business objectives.

Serve as a strategic advisor to the CEO and other executive team members, providing insights on financial impacts of operational decisions.

Capital Management and Investment:

Oversee capital management and investment strategies, including financing for equipment, facilities, and technology upgrades.

Evaluate and manage capital expenditure projects to ensure they align with the company's strategic goals and deliver expected returns.

Qualifications:

Bachelor’s degree in Finance, Accounting, Business Administration, or a related field; MBA or CPA preferred.

Proven experience as a CFO or in a senior financial leadership role within the manufacturing industry.

Strong knowledge of corporate financial law, risk management practices, and manufacturing accounting principles.

Excellent knowledge of data analysis and forecasting methods.

Proficient in financial management software and ERP systems (e.g., SAP, Oracle, etc.).

Outstanding leadership and communication skills.

Strategic mindset with strong analytical abilities.

Skills and Competencies:

Strategic financial planning and analysis

Cost accounting and inventory management

Risk management and compliance

Financial reporting and compliance

Leadership and team management

Communication and presentation skills

Negotiation and relationship management

Business acumen and industry knowledge

If any one interested, Please share cv on Below Mentioned

Email:

Mobile Number: 7888586498

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