Chief Financial Officer (CFO)

Company: Arundhati Jewellers Pvt. Ltd.

Position: Chief Financial Officer (CFO)

Department: Finance & Accounts

Work Location: Corporate Office, Bhubaneswar, Odisha

Experience: 1012 Years in the Jewellery Industry

Compensation: No Bar for the Right Candidate

About the Company

Arundhati Jewellers Pvt. Ltd. is a leading jewellery retail organisation with a strong presence in Odisha. We are looking for an experienced and strategic finance professional to lead our Finance & Accounts function and drive financial excellence, business growth, governance, and profitability.

Job Purpose The Chief Financial Officer will be responsible for overall financial strategy, financial planning, accounting, taxation, treasury, budgeting, internal controls, risk management, and financial governance. The role requires strong expertise in jewellery retail business operations, particularly gold, diamond, silver inventory management, working capital, and financial controls.

Key Responsibilities

1. Financial Strategy & Business Planning

- Develop and implement the organisation's financial strategy aligned with business objectives.
- Lead annual budgeting, financial forecasting, business planning, and financial analysis.
- Monitor revenue, profitability, operating costs, and financial performance across branches.
- Provide strategic financial insights and recommendations to the Managing Director and senior management.

2. Finance & Accounts Management

- Oversee day-to-day finance and accounting operations.
- Ensure accurate financial reporting, MIS, balance sheets, and profit & loss statements.
- Establish strong financial controls, accounting standards, and reporting systems.
- Monitor cash flow, fund utilisation, working capital, and financial commitments.

3. Jewellery Inventory & Commercial Finance

- Strong understanding of jewellery business accounting and inventory valuation.
- Monitor gold, diamond, silver,



and other jewellery stock valuation and reconciliation.
- Ensure effective inventory controls, stock audits, and financial reconciliation across branches.
- Monitor metal price fluctuations, gold procurement, vendor payments, and related financial risks.
- Analyse gross margins, product costing, stock ageing, and inventory turnover.

4. Taxation & Statutory Compliance

- Ensure compliance with GST, Income Tax, TDS, and other applicable statutory requirements.
- Oversee tax planning, assessments, audits, and statutory filings.
- Coordinate with statutory auditors, internal auditors, consultants, banks, and financial institutions.
- Ensure timely completion of financial audits and regulatory reporting.

5. Treasury & Working Capital Management

- Manage banking relationships, cash flow, liquidity, and fund management.
- Optimise working capital and financial resources.
- Monitor loans, credit facilities, interest costs, and banking arrangements.
- Ensure effective control over cash, bank transactions, and financial exposure.

6. Internal Audit, Risk & Governance

- Establish and strengthen internal financial control systems.
- Identify financial risks, process gaps, and opportunities for cost optimisation.
- Implement robust financial policies, approval matrices, and audit mechanisms.
- Ensure financial transparency and accountability across all business locations.

7. Leadership & Team Management

- Lead and develop the Finance & Accounts team.
- Build effective coordination with Operations, Inventory, Commercial, HR, and Management teams.
- Drive process improvements, automation,



and ERP/HRMS-integrated financial reporting.
- Present financial performance, business analysis, and strategic recommendations to management.

Educational Qualification

- CA (Chartered Accountant) is preferred.
- MBA in Finance / M.Com / equivalent professional qualification may be considered for candidates with exceptional relevant jewellery-industry experience and strong financial leadership capabilities.

Mandatory Experience & Eligibility

- 1012 years of overall professional experience in the Jewellery Industry.
- Candidates must have relevant experience with an established jewellery retail organisation or jewellery business.
- Solid understanding of jewellery inventory, gold and diamond accounting, stock valuation, taxation, financial controls, and retail finance operations.
- Proven experience in leading finance and accounts functions.
- Strong knowledge of ERP/accounting systems, MIS, budgeting, and financial reporting.

Important: Candidates without prior experience in the Jewellery Industry will not be considered for this position.

Key Competencies

- Strategic financial leadership
- Strong analytical and decision-making ability
- Jewellery inventory and financial control expertise
- Taxation and statutory compliance
- Banking and treasury management
- Leadership and team management
- Business acumen and commercial understanding
- High integrity, accountability, and confidentiality

Compensation & Benefits No Bar on Salary Package for the Right Candidate.

Compensation will be commensurate with the candidate's experience, industry expertise, leadership capabilities, and suitability for the role.

How to Apply

Interested and eligible candidates with mandatory jewellery-industry experience may fill the below link :

APPLY HERE: https://lnkd.in/gxC9jydH

Team HR

Arundhati Jewellers Pvt. Ltd.

More Than Jewellery... A Legacy of Trust.

📌 Chief Financial Officer (CFO) (Bhubaneswar)
🏢 Arundhati Jewellers
📍 Bhubaneswar