Job
Description
As the Chief Financial Officer (CFO) at LATI-LOXIM Thermoplastics Private Limited, you will play a crucial role in spearheading strategic and financial planning, financial management, business insights, and organizational improvement. Your responsibilities will include managing the overall Profit & Loss (P&L) of the company, leading the Finance team, and overseeing end-to-end accounting, costing, compliance, and assurance processes. **Key Responsibilities:** - **Strategic Leadership** - Advise the Managing Director on strategic partnerships, diversification, and growth plans. - Develop and monitor organization-wide business plans and performance benchmarks. - Support departmental strategy in alignment with organizational goals. - **Finance Strategy & Governance** - Define the finance operating model, team structure, and internal audit framework. - Lead risk identification and mitigation across financial and operational processes. - **Planning & Budgeting** - Oversee planning, budgeting, and forecasting activities. - Ensure budget adherence and conduct periodic financial reviews. - **Business & Financial Performance** - Track Business Unit-level profitability, cost controls, and variances. - Ensure timely financial reporting, Management Information System (MIS), and cash flow analysis. - Improve collections, credit management, and customer recoveries. - **Taxation** - Monitor tax compliance and optimize tax benefits. - Align processes with updates in tax laws and regulations. - **Accounting & Compliance** - Manage accounting systems, ledgers, reconciliations, and audits. - Ensure compliance with statutory regulations and reporting standards. - **Learning & Growth** - Foster a high-performance, values-driven culture aligned with organizational goals. - Promote continuous learning by sharing industry insights and trends. - Identify and develop high-potential talent to build a future-ready finance team. - Support team well-being and address workplace concerns effectively. - **Financial Strategy & Budgeting** - Alignment of financial planning with business goals and industry trends. - Effective budgeting, forecasting, and cost planning across units. - Achievement of target revenue and profitability. - Positive cash flows and a healthy balance sheet. - Adherence to organizational budgets. - **Cost & Efficiency Management** - Control plant-level costs and improve operational efficiency. - Monitor inventory, wastage, and cost-saving initiatives. - **Working Capital & Fund Management** - Optimize fund utilization and strengthen banking relationships. - **Project Costing & Plant Finance** - Oversee project feasibility studies, plant capex, and cost analysis. - Validate product costing and support pricing decisions. - **Team Development & Governance** - Build a strong, capable finance team and foster accountability. - Promote governance, compliance, and financial discipline across plants. **Qualification Required:** - Chartered Accountant (CA) / MBA in Finance. LATI-LOXIM Thermoplastics Private Limited is a strategic joint venture between LATI S.p.A., Italy, and LOXIM Industries Limited, India. Formed in 2025, LATI-LOXIM combines global technological excellence with local market strength to serve India's growing engineering plastics sector through innovative, sustainable, and application-driven solutions. If you thrive in a fast-paced environment where precision, compliance, and innovation intersect, we would love to meet you! Apply now at jobs@latiloxim.com.,