Chief Financial Officer - Transformer Manufacturing

Key Responsibilities

1. Financial Strategy & Leadership

- Develop and drive long-term financial strategies aligned with Company's business expansion, profitability, and global growth goals.

- Advise the Board and MD on financial planning, fundraising, investment strategies, and risk management.

- Support financial structuring for large government and EPC contracts, CAPEX projects, and export initiatives.

2. Financial Planning, Budgeting & Forecasting

- Lead budgeting cycles, rolling forecasts, and financial modeling across business units (Kolkata, Jaipur, exports, solar).

- Monitor budget variances, cost controls, and optimize working capital and cash flow.

- Prepare MIS reports, board packs, and strategic dashboards for CXO-level reviews.

3. Accounting & Compliance Oversight

- Ensure timely, accurate financial statements in compliance with Indian GAAP, Companies Act, and applicable regulations.

- Supervise statutory audits, internal audits, and cost audits.

- Ensure compliance with direct/indirect tax laws (GST, TDS, Income Tax), MCA/ROC filings, and RBI norms (for exports/imports).

4. Fundraising & Banking Relations

- Lead fund-raising initiatives including working capital limits, project financing, term loans, LC/BG arrangements, and consortium banking.

- Build strong relationships with public and private sector banks, NBFCs, and financial institutions.

- Monitor credit ratings and negotiate favorable interest and repayment terms.

5. Cost Management & Profitability

- Analyze product-wise, plant-wise, and segment-wise margins (e.g., power vs. solar transformers).

- Lead cost control initiatives in material procurement, production overheads, logistics, and service support.

- Integrate cost optimization insights into pricing strategies and bid submissions.

6. ERP, Systems & Process Improvement

- Oversee financial modules in ERP (SAP/Oracle or other), ensuring strong controls and integration with SCM, Sales, and Production.

- Drive digitization of financial processes, automate reports, and strengthen internal controls.

7. Investor & Stakeholder Reporting (if applicable)

- Liaise with shareholders, JV partners, credit rating agencies, and external consultants.

- Ensure transparency and compliance in reporting to all stakeholders.

Ideal Candidate Profile

- CA/ICWA qualified

- 15-20+ years of experience in finance leadership roles, preferably in manufacturing, heavy engineering, or electrical industries.

- Strong exposure to transformer or capital goods sector is a major advantage.

- Experience in fundraising, banking, audits, compliance, cost control, and large project financial management.

- Hands-on leadership style with strong ethics, strategic thinking, and cross-functional collaboration abilities.