01 Oct
|
Buffercode
|
Gwalior
01 Oct
Buffercode
Gwalior
Position
Chief Executive Officer (CEO)
Location
Gwalior, Madhya Pradesh
Reports To
Managing Director (MD)
Function
Plant Leadership / Business Operations
POSITION SUMMARY The CEO will hold complete P&L; ownership and operational command of the Amba Shakti Steel plant at Gwalior, driving strategy, production, commercial performance, and profitability. This is a senior leadership role responsible for translating the MD's vision into an executable business plan, running the plant as an independent profit centre, and delivering sustainable growth in volume, EBITDA, and market share.
KEY RESPONSIBILITIES
1. Strategy & Business Leadership
▪ Define and execute the plant's short-, medium- and long-term business strategy in alignment with the MD's overall vision and group objectives.
▪ Conduct market, competition and industry analysis (steel / TMT / long products) to identify growth opportunities, recent markets and product diversification.
▪ Drive capacity expansion, modernization and capital expenditure planning in consultation with the MD.
▪ Represent the company with key external stakeholders – government bodies, industry associations, raw material suppliers, financial institutions and large customers.
2. P&L; Ownership & Profitability
▪ Own the plant's full Profit & Loss statement; deliver budgeted revenue, EBITDA and net profitability targets.
▪ Drive monthly / quarterly business reviews with variance analysis against budget and prior year.
▪ Ensure disciplined working capital management – inventory, receivables, payables – to optimize cash flow.
▪ Evaluate pricing strategy, product mix and margin optimization across product lines (billets, TMT bars, etc.).
3. Production & Operations Management
▪ Oversee end-to-end manufacturing operations – melting, rolling and finishing – ensuring optimum capacity utilization.
▪ Drive productivity improvement initiatives: yield enhancement, energy efficiency,
downtime reduction and OEE improvement.
▪ Ensure plant operations comply with safety, environmental and statutory / regulatory norms (Pollution Control Board, Factory Act, etc.).
▪ Champion Total Productive Maintenance (TPM), lean manufacturing and continuous improvement (Kaizen) practices.
▪ Monitor and improve key production KPIs: tonnage output, specific energy consumption, conversion cost, rejection / rework rates.
4. Cost Optimization
▪ Drive plant-wide cost reduction programs across raw materials, power & fuel, consumables, manpower and logistics.
▪ Lead raw material procurement strategy (scrap / sponge iron / pig iron) in coordination with the commercial / procurement team to optimize input costs.
▪ Benchmark cost structures against industry best practices and competitor plants.
▪ Implement cost control systems, budgetary controls and cost-per-ton tracking mechanisms.
5. Commercial & Sales
▪ Oversee sales and marketing strategy for finished products, ensuring targeted volume offtake and realization.
▪ Strengthen dealer / distributor network and channel management; explore new geographies and customer segments.
▪ Monitor receivables, credit control and commercial risk management.
▪ Align production planning with sales forecasts and market demand.
6. Team Leadership & Organization Building
▪ Lead, mentor and build a strong second line of leadership across Production, Commercial, Finance, HR and Quality functions.
▪ Drive a high-performance culture with clear KRAs / KPIs,
performance management and talent development.
▪ Ensure robust industrial relations and a stable, motivated workforce.
7. Governance & Reporting
▪ Provide the MD with regular, transparent reporting on operational and financial performance, risks and mitigation plans.
▪ Ensure adherence to statutory compliance, internal controls and corporate governance standards.
▪ Drive digitalization / ERP-based systems for real-time visibility into production, inventory and finance.
KEY RESULT AREAS (KRAS) / KPIS
Area
Sample Metrics
Financial
Revenue growth, EBITDA margin %, Net profit, Cost per ton
Production
Capacity utilization %, Yield %, Downtime %, OEE
Commercial
Sales volume, Realization/ton, Receivables days, Market share
Cost
Power & fuel cost/ton, Conversion cost, Procurement savings
People & Safety
Attrition %, Safety incident rate (LTIFR), Training man-days
CANDIDATE PROFILE
Education
▪ B.E. / B.Tech in Metallurgy, Mechanical or Industrial Engineering (mandatory).
▪ MBA or PG Diploma in Management (preferred).
Experience
▪ 18–25 years in the steel / metals manufacturing industry, with at least 5–7 years in a CEO / Plant Head / Unit Head role with full P&L; responsibility.
▪ Strong background in integrated steel plants (induction furnace / EAF, rolling mills) preferred.
▪ Proven track record of turnaround, cost optimization and EBITDA improvement.
Key Competencies
▪ Strategic thinking with strong execution orientation.
▪ Strong financial and commercial acumen.
▪ Deep understanding of steel manufacturing processes and technology.
▪ Strong leadership, people management and stakeholder management skills.
▪ Data-driven decision-making and analytical rigor.
▪ High integrity and ownership mindset.
Pay: ₹6,000,000.00 - ₹8,000,000.00 per year
Work Location: In person
📌 CEO-Steel Plant (Gwalior)
🏢 Buffercode
📍 Gwalior