Chief Financial Officer (CFO)

Job Title: Chief Financial Officer (CFO)
Location: Head Office, Lower Parel, Mumbai
Salary: 60-80 Lakhs CTC

Company Overview
Our company is one of India’s leading Engineering, Procurement, and Construction (EPC) firms with a remarkable track record spanning 78 years. We have constructed over 300 million sq.ft. of space and maintain a strong order book exceeding Rs. 3000 crore. Our projects cover a broad spectrum, including residential, commercial, IT parks, malls, pharmaceutical plants, manufacturing facilities, data centers, hospitals, and universities. We are known for our commitment to excellence, safety, quality, and innovation.

Job Summary
We are seeking an experienced and dynamic CFO to lead our finance team through a significant period of transformation and growth. The CFO will be responsible for overseeing all financial strategy and operations, ensuring compliance, enhancing financial processes, and driving strategic decision-making related to P/L, budgeting, and project financial performance. The role involves managing a team of 15+ finance and accounting professionals across multiple locations including Mumbai, Bangalore, Hyderabad, and Gujarat. The ideal candidate will possess a hands-on approach to team management and leadership, fostering a results-oriented and accountable culture.

Key Responsibilities:

• Oversee the entire finance and accounting function, including financial planning, analysis, budgeting, forecasting, and reporting.
• Ensure timely and accurate updating of financial data and MIS reporting from SAP S4 HANA ERP, focusing on financial, taxation, billing, collections, material reconciliation, revenue reconciliation, and cost reconciliation.
• Develop and implement robust financial controls and processes to improve the accuracy and efficiency of financial operations.
• Lead the team in preparing and maximizing monthly Profit & Loss statements for each project, ensuring timely financial reporting.
• Manage accounts receivables, monitor cash flow, working capital, and ensure efficient cash management across all projects.
• Liaise with internal teams and government departments to ensure compliance with GST, tax regulations, and other statutory requirements.
• Drive a culture change from "pass the baton" to "getting things done" by implementing a results-oriented approach and fostering accountability within the finance team.
• Collaborate closely with project accountants, billing engineers, and senior management to align financial planning with tendering, project execution, and cash flow management.
• Prepare and present financial reports to the board, senior management, and stakeholders, providing insights and recommendations for financial improvement.

Qualifications and Experience:

• Chartered Accountant (CA) or equivalent qualification is mandatory.
• Minimum of 15 years of experience in finance and accounting, with at least 5 years in a leadership role within the construction or EPC industry.
• Strong knowledge and experience in using SAP ERP for accounting and financial management.
• Experience operating the finance department of a public listed entity is highly desirable (but not mandatory).
• Proficiency and appetite for continued investment in technology-driven finance and accounting operations.
• Strong banking, capital market, and industry relations.
• Proven track record of managing financial operations, cash flow, and compliance in a complex, multi-project environment.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong leadership and team management skills, with the ability to drive cultural change and enhance team performance.
• Effective communication and interpersonal skills to collaborate with cross-functional teams and external stakeholders.