Chief Executive Officer (Faridabad)

Chief Executive Officer (Faridabad)

14 Nov
|
Uttam Strips
|
Faridabad

14 Nov

Uttam Strips

Faridabad

About the Company

Uttam Strips Limited (USL) is an integrated steel producer with cold rolling, pickling, slitting, cut-to-length, precision tube, electrical stamping (die cast stator and rotors) facilities. The company also has a captive solar plant and is equipped with its own transport fleet. USL has multiple manufacturing facilities across Bhiwadi and Faridabad. Present annual sales turnover is around Rs 4,900 crores. Going forward, the company is planning an IPO and a strategic partnership.

Role

Chief Executive Officer, reporting to the Managing Director and the Board. Responsible for business strategy, growth, profitability, corporate governance, compliance, IPO readiness, target setting and execution.

Education

Bachelor's degree in Engineering (Metallurgy or Mechanical preferred) from a leading institute such as IIT or NIT

MBA from IIM, ISB or an equivalent school

CA, CFA or finance qualification is a strong advantage

Experience

- 20 to 25 years in the steel or metals industry
- Must have held a plant head, business head or COO role in a reputed steel company
- Hands on experience in flat steel, cold rolling, coated and value added products
- Must have managed relationship with large institutional customers in auto, appliances and infrastructure sector.
- Has led a company through expansion, capacity ramp up, or an IPO
- Has strong import and export experience: Expertise in sourcing coking coal, scrap and HR coils from overseas
- Knowledge of DGFT, customs, trade finance, letters of credit, and anti-dumping or safeguard duty rules is desirable
- Existing relationships with international buyers, traders and shipping partners for building an export business for flat steel,



precision tube and electrical stamped products.
- Knowledge of casting and foundry operations, with the ability to restart and run the company's existing casting plant
- Track record of launching and growing new business opportunities in the areas of coated steel, electrical steel, logistics and renewable energy
- Proficiency in Finance: Proficient in planning operations with lean working capital, work with banks for sanction of term loans, project funding, costing, margins and IPO financials
- Command over Marketing and Sales: Formulate strategy for Pricing, Brand building, Setting up dealer and distributor networks, Key account management and initiate business through digital means
- Solid people management and HR skills: Effectively lead and manage all employees and workers, hiring and retaining good managers, inculcate a performance driven culture, handling labour relations and maintain discipline across plants and the transport fleet
- Hands-on plant operations experience: Must have worked as a plant head and understands production, quality, maintenance, safety, yield and scrap control on mill, pickling, slitting, stamping and pipe lines, so that he can guide plant heads
- Strong understanding of costing: Formulate product-wise and line-wise cost per tonne, maximise yield, minimise power and fuel and logistics costs




- Must have led similar sized companies through a path of margin maximisation.

Key Responsibilities

- Drive sales growth and capacity utilisation across all new lines
- Improve margins through value addition, cost control and energy efficiency
- Lead IPO preparation with CFO, auditors and merchant bankers
- Build a strong skilled management team and governance systems
- Oversee initiatives in the fields of renewable energy, electric vehicle fleet and technology
- Maintain strong relationships with key customers and suppliers
- Grow import and export business, including raw material sourcing and overseas sales, while managing currency and trade compliance risk
- Build an export sales team and distributor network to increase companys presence in stamping, precision tubes and CRFH in international markets
- Commission the casting plant and identify, evaluate and launch new revenue streams, deploying the company's available capital in high return projects
- Own the overall financial plan and the marketing strategy, working closely with the CFO and the sales heads
- Build and retain the leadership team, set up HR policies, identify training needs and succession planning along with HR.
- Create a team of highly motivated and disciplined workforce.
- Supervise plant heads and ensure each plant meets their target wrt output, quality, safety and costs.
- Monitor product wise costing and drive continuous cost reduction.

Key Skills and Traits

- Strong financial and strategic judgement
- Ability to work with a promoter while taking independent day to day decisions
- Integrity, transparency and compliance mindset
- Leadership of large plant and sales teams

📌 Chief Executive Officer (Faridabad)
🏢 Uttam Strips
📍 Faridabad

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