Chief Financial Officer (Ahmedabad)

Chief Financial Officer (Ahmedabad)

27 Oct
|
Celestix Industries India
|
Ahmedabad

27 Oct

Celestix Industries India

Ahmedabad

• /
• Career
• /
• Chief Financial Officer (CFO)
- Manufacturing Company in Changodhar, Ahmedabad On this Page
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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
• 6-9 years
• ₹ 15-30 LPA
• Changodar, Ahmedabad, Gujarat
• On-site
• Full-time Apply For This Job

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 robust 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. Strong 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. Apply For This Job Join The Team Ready to Build Your Career With Celestix? Explore our other open roles, or apply directly to this one — our HR team reviews every application. View All Jobs Job Application
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📌 Chief Financial Officer (Ahmedabad)
🏢 Celestix Industries India
📍 Ahmedabad

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