Job Description – Interim CFO

Location: Bangalore
Industry: Tile Manufacturing
Manufacturing Footprint: 3 Plants
ERP: SAP
Reporting To: CEO, Board & Investors
Assignment Duration: 3 months (Until appointment of a Permanent CFO)

About the Company

Our client is a leading tile manufacturing company with annual revenues of approximately INR 850-900 Crores and a solid manufacturing footprint across Bangalore. The business is currently undergoing a significant transformation initiative aimed at enhancing profitability, operational efficiency, governance, and scalability.

The company is backed by active investors who are closely involved in driving strategic transformation. To support this journey, the company has engaged a leading global consulting firm to spearhead transformation initiatives across functions.

As the current CFO transitions out of the organization, the company seeks an experienced Interim CFO to provide leadership continuity, strengthen financial controls, partner with the transformation office, and drive operational and financial excellence until a permanent CFO is onboarded.

Position Summary

The Interim CFO will serve as the senior-most finance leader responsible for ensuring financial stability, governance, business continuity, and transformation execution during a critical transition period.
The role requires a seasoned manufacturing finance leader with extensive experience in driving business transformation, cost optimization, operational efficiency, and process improvement within large manufacturing organizations.
This is not a fundraising-focused role. While the company is currently in the process of completing a fundraising transaction, the Interim CFO's primary mandate will be business transformation, financial stewardship,



operational improvement, and strategic finance leadership.

Key Mandate of the Interim CFO
Leadership Continuity

- Ensure seamless transition and continuity of the finance function following the departure of the current CFO.

- Maintain stability across all finance operations, controls, reporting, treasury, taxation, and compliance functions.

- Provide leadership and guidance to an established finance team.

Transformation Leadership

- Act as the finance sponsor and key business partner for the ongoing transformation program.

- Collaborate closely with leadership, investors, and consulting partners to execute transformation initiatives.

- Drive measurable improvements in:

- EBITDA enhancement

- Cost optimization

- Working capital efficiency

- Cash flow generation

- Productivity improvements

- Process simplification

- Organizational effectiveness

Operational Excellence

- Develop financial insights that improve plant performance and profitability.

- Establish robust KPI monitoring mechanisms across manufacturing, procurement, supply chain, and commercial functions.

- Enhance financial discipline across the organization.

Strategic Finance & Business Partnering

- Partner with the CEO, leadership team, and investors on strategic business decisions.

- Drive financial planning aligned with transformation objectives.





- Build financial models and performance dashboards to support decision-making.

- Identify value creation opportunities across the business.

Cost Optimization & Profitability Enhancement

- Lead company-wide cost reduction initiatives.

- Identify opportunities for:

- Manufacturing cost optimization

- Procurement savings

- Overhead rationalization

- Productivity enhancement

- Margin improvement

- Establish accountability mechanisms for cost control and operational performance.

Manufacturing Finance

- Work closely with plant leadership teams across 3 plants.

- Drive improvements in:

- Plant profitability

- Cost accounting

- Product costing

- Inventory management

- Yield improvement

- Capacity utilization

- Manufacturing efficiencies

- Review and strengthen MIS related to manufacturing operations.

Financial Planning & Analysis

- Strengthen budgeting, forecasting, and financial review processes.

- Develop actionable insights through business performance analytics.

- Monitor business performance against budgets and transformation targets.

- Drive corrective actions where required.

Governance, Controls & Compliance

- Ensure robust financial controls and governance standards.

- Strengthen compliance frameworks across finance and operations.

- Oversee:

- Statutory reporting

- Taxation

- Internal controls

- Audit management

- Regulatory compliance

- Ensure timely and accurate financial reporting.

Treasury & Working Capital Management

- Optimize cash flow and liquidity management.

- Improve working capital efficiency across:

- Inventory

- Receivables

📌 Interim CFO (Bengaluru)
🏢 Important Group
📍 Bengaluru