CFO (CA 15-20 years, Textile/Manufacturing Sector, Mumbai)

Mumbai City Permanent INR7,000,000 - INR7,001,000 per year
  • Opportunity to be associated with one of the leading names in the industry
  • Chance to be a part of the growth story of the company

About Our Client

Our client is one of the leading commercial textile organisations in the country with a turnover of 500-1000 cr.

They are currently looking for a CFO to head their Finance function in India.

Job Description

Responsibilities for Chief Financial Officer (CFO):

Team size: 20 people

Reports to: COO and MD

  • Drive the company's financial planning
  • Perform risk management by analyzing the organization's liabilities and investments
  • Decide on investment strategies by considering cash and liquidity risks
  • Control and evaluate the organization's fundraising plans and capital structure
  • Ensure cash flow is appropriate for the organization's operations
  • Supervise all finance personnel (controllers, treasurers etc.)
  • Manage vendor relationships
  • Prepare reliable current and forecasting reports
  • Set up and oversee the company's finance system
  • Ensure compliance with the law and company's policies
  • Manage a team of financial controllers and financial analysts
  • Oversees Accounting department, budget preparation, and audit functions.
  • Directs the preparation of all financial statements, including income statements, balance sheets, shareholder reports, tax returns, and governmental agency reports.
  • Compares sales and profit projections to actual figures and budgeted expenses to actual expenses; makes or oversees any necessary adjustments to future projections and budgets.
  • Reviews the planning process and suggest improvements to current methods.
  • Analyzes operations to identify areas in need of reorganization, downsizing, or elimination.
  • Identifies opportunities for expansion into new product areas.
  • Oversees investment of funds and works with investment bankers to raise additional capital required for expansion.
  • Studies long-range economic trends and projects their impact on future growth in sales and market share.
  • Supervising cost reduction by examination, and analysis in all areas.

The Successful Applicant


  • 15-20 years of proven experience in the Textile Manufacturing industry, Yarn manufacturing or a manufacturing industry
  • Chartered Accounts qualification is mandatory.
  • SAP knowledge added advantage
  • Excellent management and supervisory skills.
  • Excellent analytical and organizational skills.
  • Excellent written and verbal communication skills.
  • In-depth knowledge of corporate financial law and risk management practices
  • Proficient in the use of MS Office and SAP
  • Ability to strategize and solve problems
  • Strong leadership skills
  • An analytical mind, comfortable with numbers
  • CPA is a strong advantage

What's on Offer

A chance to be at the helm of a high potential manufacturing organisation.

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Job summary

Finance & Accounting
Sub Sector
Financial Director / CFO
What is your area of specialisation?
Industrial / Manufacturing
Mumbai City
Job Type
Job Reference

Diversity & Inclusion at Michael Page

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