Interim Chief Financial Officer - Financial Restructuring

Interim Chief Financial Officer - Financial Restructuring - Progressive Entrepreneurs

JD:

- A leading global producer and exporter of mint ingredients, this company has been at the forefront of the industry since its establishment in 1989.

- Known for its commitment to quality and customer satisfaction, the company offers a diverse range of mint-based products that find applications in various sectors, including FMCG, pharmaceuticals, and cosmetics.

- With a strong international presence and a focus on innovation, the company continues to be a driving force in the market.

- This role requires a combination of financial acumen, strategic thinking, and strong leadership skills.

Key responsibilities and areas of focus typically include:

Financial Restructuring and Stabilization:

- Debt Management: Restructuring or renegotiating debt, managing cash flow, and ensuring timely payments.

- Cost Reduction: Identifying and implementing cost-cutting measures to improve efficiency.

- Capital Allocation: Optimising capital allocation to prioritise high-return investments.

Operational Efficiency:

- Process Improvement: Enhancing operational efficiency through process improvements and waste reduction.

- Budgeting and Forecasting: Developing accurate financial projections and managing expenditures.

Financial Reporting and Transparency:

- Financial Health Monitoring: Regularly assessing the company's financial health and reporting on key metrics.

- Compliance and Controls: Ensuring adherence to financial regulations and internal controls.

Strategic Planning and Execution:

- Turnaround Strategy Development: Formulating and executing a comprehensive plan to address the root causes of financial distress.

- Performance Monitoring: Tracking the implementation of strategic initiatives and making adjustments as needed.

Team Leadership and Development:

- Talent Management: Building and leading a high-performing finance team.

- Culture and Change Management: Fostering a culture of accountability and resilience to support turnaround efforts.

Risk Management:

- Risk Assessment: Identifying and assessing financial and operational risks.

- Crisis Management: Preparing for and managing financial crises effectively.

Revenue Enhancement:

- Revenue Streams: Exploring and implementing strategies to increase revenue.

- Pricing Strategies: Assessing and adjusting pricing strategies to improve profitability.

Mandatory Requirement:

1. CA/ MBA Finance along with 20 years+ experience and a manufacturing background.

2. Turnaround business experience

3. Negotiations/ Team building / Turnaround Management