CFO( Chief Financial Officer)

Job Description:

The CFO will be responsible for leading the financial strategy, governance, compliance, capital allocation, profitability improvement, risk management, and business planning of the company.

The role requires a commercially oriented finance leader who can partner with the CEO to transform Nessa into a high-growth, professionally managed enterprise capable of scaling beyond ₹100 crore annual revenue.

Key Responsibilities

Strategic Finance & Business Planning

• Partner with MD/CEO on long-term growth strategy.
• Develop annual budgets and 3–5 year financial plans.
• Drive EBITDA and cash flow improvement initiatives.
• Evaluate new business opportunities, acquisitions, and investments.
• Create board-level financial presentations and business dashboards.

Financial Control & Reporting

• Ensure timely monthly, quarterly, and annual financial reporting.
• Maintain accurate MIS and business intelligence systems.
• Monitor profitability by:
• Product category
• Customer segment
• Project
• Business unit
• Lead audits and statutory reporting.

Working Capital & Cash Flow Management

• Optimize receivables and collections.
• Improve inventory turns and procurement efficiency.
• Manage banking relationships and credit facilities.
• Forecast cash requirements and liquidity.

Manufacturing & Cost Optimization

• Establish robust costing systems for:
• LED manufacturing
• Electronics assembly
• Project execution
• Monitor:
• Gross margins
• Factory overheads
• Material costs
• Productivity metrics
• Drive cost reduction initiatives across operations.

Project & Tender Finance

• Evaluate project profitability before bidding.
• Review government and infrastructure tenders.
• Manage:
• Bank guarantees
• Performance guarantees
• LC facilities
• Bid securities
• Monitor project cash flows and execution risks.

Fund Raising & Banking

• Lead debt and equity fundraising initiatives.
• Negotiate banking facilities.
• Manage investor and lender relationships.
• Prepare financial models and investment memorandums.

Governance & Compliance

• Ensure compliance with:
• Companies Act
• GST
• Income Tax
• FEMA
• Transfer Pricing (where applicable)
• Strengthen internal controls and financial governance.
• Implement best practices in corporate compliance.

Technology & Systems

• Drive ERP adoption and financial automation.
• Build real-time business dashboards.
• Improve data visibility across departments.
• Support digital transformation initiatives.

Leadership

• Lead finance, accounts, taxation, and commercial teams.
• Build a performance-driven finance organization.
• Mentor future finance leaders.

Key Performance Indicators (KPIs)

Financial

• EBITDA Growth
• Gross Margin Improvement
• Cash Flow from Operations
• Working Capital Days
• Return on Capital Employed (ROCE)

Operational

• Inventory Days
• Debtor Days
• Project Profitability
• Cost Reduction Achievements

Strategic

• Revenue Growth Support
• Fund Raising Success
• ERP and MIS Effectiveness
• Risk Mitigation

Required Qualifications

Education

• Chartered Accountant (Mandatory)
• MBA Finance preferred

Experience

• 12–18 years of experience
• Minimum 5 years in senior finance leadership role
• Experience in one or more industries:
• Manufacturing
• Electricals
• Electronics
• Renewable Energy
• Infrastructure Projects
• EPC

Must-Have Experience

• Cost accounting
• Banking and finance
• Working capital management
• Manufacturing finance
• Project finance
• ERP implementation
• Strategic planning