10 M.J Global Jobs

Company URL: www.mjglobal.co.in

Job Title: CFO / Commercial Head

Location: Noida

Experience Required: 15+ years in Finance & Accounts, preferably in manufacturing companies in India that operate multiple plants across the country and having annual turnover in the range of 500 crores+. At least 5 years experience in a CFO / Commercial Head Role.

Education:

• Chartered Accountant (CA) preferred.
• CMA / MBA (Finance) from a reputed institute may also be considered.

Reporting to: Managing Director / CEO

Role Overview:

The Chief Financial Officer (CFO) will play a critical role in financial management, strategic planning, risk assessment, and business growth for the company. The CFO will be responsible for ensuring financial stability, improving operational efficiencies, managing cash flows, and ensuring statutory compliance. The ideal candidate must have deep expertise in banking, fundraising through MSME IPO / Private Equity, cost control, taxation, and ERP implementation, with a strong ability to manage banking relationships and optimize financial structures.

Key Responsibilities:

1. Financial Strategy, Business Planning & Reporting

• Develop and implement financial strategies to align with the companys growth objectives.
• Provide financial insights and strategic recommendations to the Promoters for improving profitability, expansion, diversification, and capital investments.
• Conduct financial feasibility studies for new projects and capital investments.
• Financial modelling, forecasting, and scenario planning to support decision-making.
• Ratio Analysis across all financial / operational parameters of the company.
• Ensure Monthly preparation & analysis of financial statements, P&L, balance sheet, and cash flow reports.
• Maintain books of accounts in compliance with Indian Accounting Standards and statutory norms.
• Prepare MIS reports and financial dashboards for management decision-making.
• Ensure compliance with Companies Act, Income Tax, GST, TDS, PF, and other financial regulations.
• Liaise with statutory, tax, and internal auditors, ensuring smooth completion of audits.

2. Budgeting, Forecasting & Financial Planning

• Develop annual budgets, forecasts, and financial plans in alignment with business goals.
• Conduct monthly variance analysis (Budget vs. Actuals) and provide insights to all departments tip improve financial efficiency. Tracking of plant wise profitability and implementing initiatives to improve profitability across all plants.
• Implement cost control measures to enhance profitability and reduce wastage.

3. Working Capital & Cash Flow Management

• Monitor and manage working capital, including Debtors, Creditors and Inventory.
• Ensure efficient cash flow planning to maintain liquidity and financial stability.
• Optimize credit policies, debtor collections, and supplier payment cycles.
• Manage banking relationships and negotiate terms for working capital financing.

4. Cost Accounting & Profitability Analysis

• Implement product-wise, division-wise, and process-wise costing systems. Work closely with Supply Chain department to approve pricing of all key RM / Consumables etc.
• Analyse cost structures, overheads, and pricing strategies to improve profitability.
• Collaborate with the production team to track wastage, efficiency, and material cost variations. Strong control on labour and contractor cost across plants.

5. Taxation & Regulatory Compliance

• Ensure timely filing of GST returns, TDS, Income Tax, PF and other statutory obligations. Managing all Insurance Policies of the company.
• Handle corporate tax planning and compliance to optimize tax liabilities.
• Coordinate with tax consultants and auditors for tax assessments and litigation matters.
• Stay updated with changes in tax laws, government incentives, and export/import regulations (if applicable).

6. Internal Controls & Risk Management

• Implement internal financial controls (IFC) and ensure adherence to SOPs.
• Conduct risk assessment and fraud prevention measures in financial processes.
• Strengthen governance frameworks and reporting structures.

7. ERP & Financial Systems Management

• Oversee the ERP/accounting systems across all Plants (SAP, Oracle, Tally, etc.).
• Ensure smooth integration of finance with sales, procurement, and production modules.
• Automate financial reporting, reconciliation, and audit processes.

8. Team Leadership & Coordination

• Lead and mentor the Finance & Accounts team.
• Develop and monitor KPIs for finance personnel to improve efficiency.
• Collaborate with cross-functional teams (Sales, Supply Chain, HR, and Operations) to ensure financial alignment with business strategy.

Preferred candidate profile

• Strategic financial leadership with a strong business acumen.
• Deep understanding of financial regulations, Indian accounting standards and taxation laws.
• Analytical and problem-solving abilities to drive cost efficiency and profitability.
• Strong negotiation skills for managing banking and investor relations.
• Leadership and team-building skills to drive financial governance across the organization.
• Decision-making and crisis management ability in high-pressure situations.
• Proficiency in Excel, financial modelling, ERP systems, and MIS reporting tools.

Interested candidates can share your cv on recruitment@mjglobal.co.in or +91-9971945577.