As the Chief Financial Officer (CFO) for a diversified automotive group like Rukmani Motors , the role extends beyond traditional accounting. You are the strategic architect of the group's financial health across multiple brands ( Maruti Suzuki, TVS, TAFE ) and diverse geographic locations like Indore and Port Blair .

Job Title: Group Chief Financial Officer (CFO)

Location : Indore, Madhya Pradesh

Reporting to : Managing Director / Board of Directors

Experience : 15-20+ Years (Minimum 5 years in a CFO or Head of Finance role)

Education : Chartered Accountant (ICAI) mandatory; MBA-Finance or CS is a plus.

Role Objective

The Group CFO will be the strategic architect of the group's financial future. You will oversee the financial operations of multiple legal entities (Maruti Suzuki Arena/NEXA, TVS, and TAFE), ensuring seamless cash flow, rigorous statutory compliance, and optimized profitability through effective cost control and OEM (Original Equipment Manufacturer) relationship management.

Key Responsibilities 1. Strategic Financial Planning & Analysis (FP&A;)

- Multi-Brand Strategy : Align financial goals with the specific requirements of Maruti Suzuki, TVS, and TAFE, ensuring each vertical remains profitable.
- Budgeting & Forecasting : Lead the annual budgeting process and provide monthly rolling forecasts for all branches (Indore, Port Blair, etc.).
- Expansion & Capex : Evaluate the ROI for recent showroom launches,



workshop upgrades, and geographic expansions.

2. OEM & Operational Finance

- Incentive Management : Oversee the complex "Spot" and "Main" incentive structures. Ensure 100% accuracy in claims and timely disbursement to staff.
- Floor Plan & Inventory Finance : Optimize "Days in Inventory" (target 30-50 days) and manage floor plan interest expenses to protect slim vehicle margins.
- Working Capital Optimization : Monitor cash flow cycles across new car sales, spares, and service departments to prevent liquidity crunches.

3. Governance, Risk & Compliance

- Statutory Compliance : Ensure strict adherence to GST, Income Tax (TDS/TCS), and Companies Act requirements.
- Audit Management : Lead internal and statutory audits. Implement robust SOPs to prevent fraud in high-risk areas like cash collections and spare parts inventory.
- OEM Audits : Manage MSIL and other OEM-mandated financial audits and certification tracking.

4. Banking & Stakeholder Relations

- Fund Management : Maintain relationships with lending institutions for credit lines and competitive interest rates.
- Investor/Board Reporting : Present high-level MIS reports to the Board, focusing on Gross Profit per Vehicle, Service Margins, and Employee Productivity Ratios.

Job Types : Full-time, Permanent

Pay: ₹200,000.00 - ₹300,000.00 per month

Work Location: In person

📌 Chief Financial Officer (Cfo) (Indore)
🏢 Rukmani Motors
📍 Indore