Loading open roles
Loading open roles
Loading role
Vector HR · posted 3 months ago
Role : Deputy CFO
Location – Sec 3, Manesar
Reports to : Chief Finance Officer
Working days - 6 days
Direct Subordinates : Accounts & Finance Team (Corp+ Plant)
Qualification
Experience
PRINCIPAL DUTIES AND RESPONSIBILITIES
Develop and lead the company’s financial strategy, planning, controls, treasury, compliances and business performance management.
This role requires a strong understanding of automotive manufacturing, OEM relationships, cost competitiveness, working capital optimization, and growth-oriented financial leadership.
This role shall require coordination with Board, business unit heads, and operational leadership to drive profitability, sustainable growth, and shareholder value.
Strategic Finance & Business Leadership
Develop and execute the company's financial strategy aligned with business objectives.
Support long-term growth initiatives, capacity expansion, diversification, and new program launches.
Provide strategic recommendations to the MD and Board on investments, acquisitions, joint ventures, and capital allocation.
Lead annual budgeting, long-range planning, and forecasting processes.
Financial Planning and Analysis (FP&A)
Drive business performance through robust MIS, dashboards, and KPI monitoring.
Analyse profitability by customer, product line, plant, and program.
Monitor and improve EBITDA, ROCE, cash flow, and return on investments.
Support pricing negotiations with OEMs through detailed cost and margin analysis
Financial Operations and Accounting
Ensure accurate, timely financial statements under applicable reporting standards.
Maintain robust accounting policies, internal controls, and governance processes to ensure integrity of financial data and compliance.
Lead statutory financial reporting, audits, and external auditor coordination.
Drive costing, product pricing, and margin analysis for automotive components/vehicles.
Cost Management & Operational Finance
Partner with manufacturing and supply chain teams to improve productivity and reduce costs.
Lead cost optimization initiatives across materials, inventory, logistics, and overheads.
Establish strong plant-level financial controls and performance tracking.
Treasury, Cash Management, and Working Capital
Manage treasury, cash flow, funding strategies, liquidity planning, and debt management.
Drive working capital improvement (receivables, payables, inventory) for cash conversion cycle.
Establish relationships with banking partners and rating agencies; manage banking facilities and covenants.
Compliance & Governance
· Ensure compliance with statutory, tax, regulatory, and corporate governance requirements.
· Manage interactions with auditors, banks, investors, and regulatory authorities.
· Support Board and Audit Committee requirements.
Risk Management and Internal Controls
Identify, assess, and mitigate financial risks (currency, interest rate, credit, liquidity, market risks).
Lead the design and implementation of risk management policies, anti-fraud controls, cybersecurity/data protection for financial information.
Oversee internal audit function and remediation of control gaps.
Stakeholder and Leadership Responsibilities
Lead and develop the finance organization; nurture a culture of accountability, accuracy, and continuous improvement.
Partner with CEO, Director, and business leaders to drive profitability, cash flow, and scalable growth.
Communicate complex financial information clearly to non-financial stakeholders (Board, investors, lenders).
IPO Readiness & Capital Markets
Lead end-to-end IPO planning and execution, including financial restructuring, due diligence, valuation support, and listing processes.
Drive preparation of DRHP/prospectus and ensure compliance with applicable regulatory requirements.
Prior experience taking a company from private to public markets.
Strong knowledge of SEBI regulations, listing requirements, corporate governance, and investor relations.
Secretarial & Legal (CS Role)
Manage Board Meetings, AGMs, and Committee meetings – drafting agendas, minutes, and resolutions.
Ensure ROC filings, shareholding structure, and corporate governance standards.
Advise management on legal matters, contracts, MoUs, and JV agreements.
Maintain statutory registers, records, and filings with MCA & regulatory authorities.
SKILLS & COMPETENCIES
· Technical/Analytical: Strong accounting, FP&A, budgeting, forecasting, cash flow management, tax and regulatory knowledge, financial modelling, and scenario analysis.
· Regulatory and Governance: In-depth understanding of Indian corporate law, Ind AS/IFRS, GST, and regulatory reporting requirements.