About the Role

We are looking for an experienced Chief Financial Officer (CFO) to lead the finance function for a project-based business in the construction/facade/EPC domain . The role will involve driving financial strategy, strengthening project cost controls, managing cash flow, and ensuring strong governance and compliance.

Key Responsibilities1. Financial Strategy & Leadership

- Develop and execute financial strategies aligned with business growth goals
- Partner with the CEO and leadership team on expansion plans, investments, and risk management
- Provide financial insights to support strategic decision-making

2. Financial Planning & Analysis (FP&A;)

- Lead budgeting, forecasting, and financial modeling activities
- Monitor project-wise profitability and cost performance
- Analyze variances and recommend corrective actions
- Drive margin improvement initiatives across projects

3. Project Accounting & Cost Control

- Oversee project costing, revenue recognition (Percentage of Completion Method), and billing

- Ensure accurate tracking of:

- BOQs (Bill of Quantities)

- Variations and change orders

- Material and labour costs

- Implement robust cost control systems for project execution

4. Treasury & Cash Flow Management

- Manage cash flow, working capital, and liquidity planning

- Oversee banking relationships including:

- Bank Guarantees (BGs)

- Letters of Credit (LCs)

- Project financing

- Optimize fund utilization and reduce finance costs

5. Accounting & Compliance

- Ensure timely and accurate financial reporting as per applicable standards
- Oversee audits, taxation (GST, Income Tax), and statutory compliance




- Maintain strong internal controls and governance frameworks
- Ensure compliance with contractual and regulatory requirements

6. Risk Management

- Identify financial and operational risks in projects and contracts
- Evaluate contract terms for potential financial exposure
- Implement mitigation strategies for delays, cost overruns, and claims

7. Commercial & Contract Management

- Review contracts for commercial feasibility and risk
- Support negotiation of project terms, payment milestones, and escalation clauses
- Monitor receivables and ensure timely collections

8. Team Leadership

- Lead and mentor finance, accounts, and commercial teams
- Build scalable processes, SOPs, and reporting systems
- Drive automation and ERP implementation (if required)

Key RequirementsEducation

- CA / CPA / MBA (Finance) or equivalent qualification

Experience

- 10-18+ years of experience in finance
- Minimum 5 years in a leadership role
- Strong experience in construction, facade, EPC, or project-based industries
- Proven expertise in project accounting and contract management

Skills & Competencies

- Strong financial acumen and strategic mindset
- Expertise in cost control and margin improvement
- Knowledge of BGs, LCs, and project financing
- Excellent leadership and stakeholder management skills
- Strong proficiency in ERP systems and financial tools

Key Performance Indicators (KPIs)

- Project profitability and margin improvement
- Cash flow and working capital efficiency
- Reduction in cost overruns
- Timely financial reporting and compliance
- Receivables cycle and collection efficiency

Job Types : Full-time, Permanent

Pay: ₹2,000,000.00 - ₹4,000,000.00 per year

Work Location: In person

📌 Chief Financial Officer (Cfo) (Mumbai)
🏢 MVP Consults Private
📍 Mumbai