Head of Finance (Bhubaneswar)

Head of Finance (Bhubaneswar)

24 Sep
|
Jindal Foundation
|
Bhubaneswar

24 Sep

Jindal Foundation

Bhubaneswar

The Commercial Head serves as the financial and procurement anchor for Jindal Foundation and Jindal Steel’s CSR initiatives. This role is responsible for overseeing all foundation-level finance, procurement, contract management, statutory compliance, and budget optimization. The position establishes solid, system-based financial management tools to ensure maximum fiscal transparency, operational efficiency, and value creation across all CSR programs.

Key Responsibilities

- Financial Strategy & Governance:
- Lead financial planning, budgeting, forecasting, and resource allocation across all CSR pillars.
- Establish and enforce system-based financial management protocols and automated monitoring tools to track real-time fund utilization and project-wise expenditure.
- Ensure complete compliance with the Companies Act (CSR Rules), Income Tax (80G, 12A, etc), and other statutory corporate governance mandates.
- Procurement & Purchase Function:
- Oversee all foundation-level procurement, vendor management, and contracting for goods, equipment, and medical/educational supplies.
- Standardize vendor selection, competitive bidding, and contract negotiation processes to drive cost optimization without compromising quality.
- Manage supply chains for hub facilities including Jindal Aarogyam Hospital,



OP Jindal Schools, mobile medical vans (Kishori Express), and infrastructure builds.
- Audit & Internal Controls:
- Design and implement robust internal financial control systems to prevent leakage and ensure audit readiness.
- Direct internal, external, and statutory audits for Jindal Foundation and Jindal Steel CSR programs.
- Provide transparent, board-ready financial reports and budget variance analyses to senior executive leadership.
- Commercial & Contractual Oversight:
- Manage financial frameworks for community-led micro-enterprises (Project Akriti, JJK) and grant disbursement mechanisms.
- Oversee financial disbursements for scholarship funds (Yashasvi, OPJ) and housing subsidies (Aashiana).

Candidate Profile & Qualifications

- Education: CA / ICWA / MBA (Finance) from a premier institution.
- Experience: 12–15 years of progressive experience in commercial management, corporate finance, and strategic procurement (prior experience in large corporate foundations, EPC, or heavy industry CSR is highly desirable).
- Skills: Expert knowledge of Indian CSR legislation, SAP/ERP financial systems, vendor negotiation, unit-cost economics, and risk management.

📌 Head of Finance (Bhubaneswar)
🏢 Jindal Foundation
📍 Bhubaneswar

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