Chief Financial Officer - Textile Manufacturing Firm

Chief Financial Officer (CFO)

Department- : Finance

Location : Mumbai

Reports To : Promoters

The Chief Financial Officer (CFO) is responsible for directing and overseeing the financial operations, strategy, and planning of the organization. This includes managing accounting, financial reporting, budgeting, forecasting, risk management, and compliance to ensure the company's financial health and long-term growth.

Key Responsibilities:

Strategic Financial Leadership:

- Develop and implement the financial strategy aligned with the organization's overall goals and objectives.

- Advise the CEO, executive team, and board of directors on financial planning, budgeting, cash flow, and policy matters.

- Identify and evaluate opportunities for mergers, acquisitions, and strategic partnerships.

Financial Planning and Analysis:

- Oversee the development and implementation of annual budgets, financial forecasts, and long-term planning.

- Provide timely and accurate financial analysis and insights to support decision-making.

- Monitor key financial KPIs and recommend actions to achieve business targets.

Accounting and Compliance:

- Ensure the accuracy and integrity of financial statements in compliance with GAAP, IFRS, or relevant standards.

- Lead all audit processes (internal and external) and ensure compliance with regulatory and legal requirements.

- Manage tax planning, filing, and compliance in collaboration with external advisors.

Risk Management:

- Identify financial risks and implement strategies to mitigate them.

- Oversee treasury operations, including cash flow management, investments, and debt financing.

- Safeguard company assets through robust internal controls and financial governance.

Operational Leadership:

- Lead and mentor the finance team to achieve high performance and professional growth.

- Drive efficiency through financial process automation and use of technology.

- Collaborate with other departments to align financial objectives with operational needs.

Qualifications and Skills:

Education and Experience:

- CA certification is strongly preferred.

- Proven experience (18+ years) in senior financial leadership roles, ideally within [insert industry].

Key Competencies:

- Strategic thinking with the ability to translate vision into actionable plans.

- Deep knowledge of financial regulations, compliance, and reporting standards.

- Strong analytical, problem-solving, and decision-making skills.

- Excellent communication and interpersonal skills for engaging stakeholders at all levels.

- Demonstrated ability to lead teams, manage change, and drive process improvements.

Technical Skills:

- Proficiency in financial management software (e.g., SAP, Oracle, QuickBooks) and advanced Excel skills.

- Familiarity with ERP systems and financial modelling tools.

Key Metrics of Success:

- Achievement of financial and operational KPIs, such as revenue growth, cost management, and cash flow targets.

- Accurate and timely financial reporting and compliance.

- Effective risk management and internal controls.

- Stakeholder satisfaction, including investors, board members, and team leaders.

- This job description can be tailored further to suit your organization's specific needs or industry.