Chief Financial Officer (CFO) - Manufacturing Company in Changodhar, Ahmedabad

Chief Financial Officer (CFO) - Manufacturing Company in Changodhar, Ahmedabad

01 Sep
|
Celestix Industries India
|
Ahmedabad

01 Sep

Celestix Industries India

Ahmedabad

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- Chief Financial Officer (CFO) - Manufacturing Company in Changodhar, Ahmedabad

Chief Financial Officer (CFO) - Manufacturing Company in Changodhar, Ahmedabad

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On this Page

- About the Role
- Key Responsibilities
- Candidate Requirements
- Experience & Qualifications
- The Person We Are Looking For
- What Success Looks Like
- Why This Role Is Different

Chief Financial Officer (CFO) - Manufacturing Company in Changodhar, Ahmedabad
- ₹ 30-40 LPA
- On-site
- Full-time

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About The Role

Celestix Industries India Pvt. Ltd. is looking for an experienced, hands-on Chief Financial Officer (CFO) to lead the company's finance function through its next stage of growth and our planned journey toward becoming a publicly listed company.

This is a critical leadership position.

We are specifically looking for someone who has personally and successfully taken a company through an IPO and has significant experience working within a manufacturing company.

The incoming CFO will also be responsible for building, developing and maintaining a strong finance team and finance infrastructure from the ground up.

We are not looking for someone who operates only at a strategic or supervisory level. We need a CFO who is hard-working, highly involved and hands-on—someone who is comfortable getting into the details, solving problems directly and building the systems and team required for a growing manufacturing organization.

Key Responsibilities

IPO & Listing The CFO will take ownership of the company's financial preparation and execution for its planned IPO.

The candidate must have personally completed an IPO and should have practical, first-hand experience with the entire process, including:

IPO readiness and planning

Pre-IPO financial restructuring and preparation

Selection and coordination with merchant bankers, investment bankers, legal counsel, auditors and other advisors

DRHP/RHP preparation

Financial and legal due diligence

Restated financial statements

Internal financial controls

Corporate governance requirements

SEBI and stock-exchange requirements

Audit Committee and Board requirements

Investor and institutional due diligence

IPO financial disclosures

Capital structure and IPO-related financial planning

Post-listing reporting and compliance

We are looking for someone who understands what actually needs to happen inside a company to get it IPO-ready—not simply someone who has worked for a listed company.

Build & Lead the Finance Team A major part of the mandate will be to build a strong finance organization capable of supporting both the company's growth and its transition into a listed company.

The CFO Will

Evaluate the existing finance structure and capabilities.

Design the appropriate finance organization for the company's future scale.

Recruit and develop key finance personnel.

Build strong capabilities across accounting, FP&A;, costing, treasury, taxation, controls, compliance and commercial finance.

Establish clear roles, responsibilities and accountability.

Develop second-level finance leadership.

Create processes that do not depend excessively on individual employees.

Establish a culture of accuracy, urgency, accountability and ownership.

Continuously develop the finance team as the company grows.

The CFO must be willing to build rather than simply inherit and manage a finance organization.

Manufacturing Finance

Substantial Manufacturing-company Experience Is Mandatory For This Position.

The candidate must understand the financial and operational realities of manufacturing, including:

Product and standard costing

Bill of material and material-cost analysis

Inventory valuation

Inventory ageing

Slow-moving and obsolete inventory

Raw material, WIP and finished-goods controls

Purchase price variance

Material consumption and yield





Scrap and manufacturing losses

Labor and overhead absorption

Plant profitability

Customer and product profitability

Capacity utilization

Capital expenditure

Fixed assets

Supplier terms

Customer receivables

Working capital

Cash conversion cycle The CFO should be capable of working closely with operations, purchasing, supply chain and plant management—not just the accounting department.

Financial Strategy & Business Partnership

Work directly with the Managing Director and Board on the company's financial and strategic direction.

Responsibilities Include

Long-term financial planning

Capital allocation

Growth planning

Business and plant expansion

Capital expenditure evaluation

Profitability improvement

Cash-flow management

Working-capital strategy

Financing strategy

Risk management

Scenario planning

M&A; and strategic investment evaluation where applicable The CFO should bring strong commercial judgment and be capable of challenging assumptions when necessary.

FP&A; & Management Reporting

Develop a Strong Financial Planning And Analysis Function, Including:

Annual budgets

Rolling forecasts

Long-range financial plans

Monthly management reporting

Variance analysis

Cash-flow forecasting

Customer profitability

Product profitability

Plant-level performance

Working-capital analysis

CAPEX analysis

Operational and financial KPIs

Management should have accurate, timely and actionable financial information available for decision-making.

Working Capital, Treasury & Banking

Take Ownership Of

Cash-flow planning

Working-capital management

Inventory investment

Receivables

Payables

Customer and supplier advances

Banking facilities

Working-capital limits

Term loans

Project financing

Treasury

Foreign exchange exposure

Hedging

Credit ratings

Banking relationships

Capital structure The CFO should be comfortable personally negotiating and maintaining relationships with banks, financial institutions and other capital providers.

Controls, Governance & Compliance

Build the financial discipline and governance required of a future listed company.

Responsibilities Include

Internal financial controls

Delegation of authority

Approval matrices

Financial policies and SOPs

Internal audit

Statutory audit

Risk management

Related-party transaction controls

Board reporting

Audit Committee reporting

Corporate governance

Regulatory compliance The CFO should proactively identify weaknesses and fix them rather than wait for an audit to identify them.

Accounting, Taxation & Audit

Maintain Overall Responsibility For

Financial statements

Monthly and annual closing

Statutory audit

Internal audit

Tax audit

Direct taxation

GST and indirect taxation

Transfer pricing, where applicable

Companies Act requirements

Accounting standards

Consolidation

Financial controls

Statutory and regulatory reporting

Candidate Requirements

Mandatory Requirements

Candidates should apply only if they meet the following core requirements:

- Personally completed an IPO

The candidate must have held a meaningful senior finance leadership role and personally participated in taking a company through the complete IPO process. Experience merely working at a listed company will not be considered equivalent.

- Manufacturing experience

Significant finance leadership experience within a manufacturing company is mandatory. Candidates whose experience is predominantly in banking, financial services, consulting,



IT/services or other non-manufacturing industries will not be the right fit for this position.

- Hands-on leadership style

We need someone who is willing to get involved personally. The CFO should be comfortable reviewing numbers in detail, investigating discrepancies, working directly with teams, developing processes, interviewing and hiring people, solving operational finance problems and following matters through to completion.
- Team-building experience

The candidate should have demonstrated experience building, restructuring or substantially developing a finance organization. Experience & Qualifications

Chartered Accountant (CA) strongly preferred.

Approximately 18–25+ years of progressive finance experience preferred.

Previous experience as CFO, Deputy CFO, Finance Director or another senior finance leadership position.

Significant manufacturing-sector experience is mandatory.

Personally completed at least one IPO.

Strong understanding of Indian capital markets and IPO requirements.

Solid knowledge of accounting, taxation, Companies Act requirements, financial controls and corporate governance.

Experience working with Boards, Audit Committees, auditors, merchant bankers, legal advisors, banks and financial institutions.

Strong understanding of manufacturing costing, inventory and working capital.

Experience building and developing finance teams.

The Person We Are Looking For

We are looking for a CFO who combines experience with execution.

The Right Candidate Will Be:

Hard-working and highly committed

Hands-on rather than purely supervisory

Comfortable working in detail when required

Strong at building and developing teams

Commercially minded

Strong in manufacturing finance

Disciplined about numbers and controls

Comfortable challenging existing processes

Able to move quickly and solve problems

Capable of operating at both Board level and plant level

High in integrity and accountability

Comfortable in a rapidly growing and evolving organization

Focused on execution rather than presentations and theory

We want someone who can sit with the Board discussing IPO strategy in the morning and, when necessary, spend the afternoon with the finance or plant team understanding why inventory, margins, costing or cash flow does not reconcile.

What Success Looks Like The Successful CFO Will:

Build a strong and scalable finance organization.

Recruit and develop a capable finance leadership team.

Establish public-company-quality financial controls and governance.

Create reliable and timely management reporting.

Strengthen costing, inventory and manufacturing finance.

Improve working-capital and cash-flow management.

Build robust budgeting and FP&A; capabilities.

Strengthen banking and treasury management.

Prepare Celestix comprehensively for the IPO process.

Successfully lead the company through its planned IPO and establish the finance function required to operate effectively as a listed company.

Why This Role Is Different

This is not a position for someone looking to inherit a fully built finance department and manage it from the top.

Celestix is looking for a CFO who wants to build.

The incoming CFO will have the opportunity to create the team, systems, controls, financial discipline and governance structure required for the company's next stage.

We are looking for someone who has already experienced the journey of taking a manufacturing company public and now wants the opportunity to personally lead that journey again.

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📌 Chief Financial Officer (CFO) - Manufacturing Company in Changodhar, Ahmedabad
🏢 Celestix Industries India
📍 Ahmedabad

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