Chief Financial Officer

Reporting To

CMD / WTD / Board

Role Objective

cashflow-stable, control-driven, audit-ready, growth-capable

Key Responsibilities

1) Cashflow & Working Capital Leadership (Top Priority)

• Own RBM’s cashflow engine:

  weekly cash forecast, collections plan, payment prioritization, liquidity buffer

  .
• Drive

  billing-to-cash cycle

  : RA submission discipline, certification acceleration, retention tracking, claim/variation cash conversion.
• Control working capital:

  receivables aging, advances, WIP/unbilled, payables strategy

  , inter-site fund movement controls.
• Create strict governance on

  site cash / imprest / advances / expense approvals

  .

2) Project Finance, Cost Control & Profitability (EPC Unit-Rate Focus)

• Build robust

  site-wise P&L / job costing / cost-to-complete

  system.
• Establish productivity-linked financial controls: manpower cost, rentals, consumables norms vs actual, subcontract cost vs output.
  
• Identify margin leakages early and drive corrective actions with Projects & Commercial.
  
• Implement standardized project financial reviews:

  monthly margin bridge + risk register

  for each project.

3) Financial Planning, MIS & Decision Support

• Lead annual and rolling budgeting:

  order book to revenue plan

  , overhead plan, capex plan.
• Build management dashboards:

  cash position, AR/AP, project margins, utilization, claims pipeline, exposure reports

  .
• Create a single source of truth—clear reporting rhythm: daily/weekly/monthly.
  

4) Banking, Treasury, Funding & Guarantees

• Lead banking relationships: limits enhancement, renewal, documentation, covenant compliance.
  
• Manage

  BG/LC strategy

  , margin money planning, validity tracking, and cost optimization.
• Support strategic funding: WC lines, invoice discounting, vendor financing, asset financing—based on RBM needs.
  
• Monitor interest cost and improve treasury efficiency.
  

5) Statutory, Tax & Regulatory Compliance

• Ensure 100% compliance:

  GST, TDS/TCS (if applicable), ROC, statutory audits, tax audits

  , and timely filings.
• Drive strong ITC governance: vendor compliance, reconciliations, notice handling.
  
• Ensure legal/contractual compliance from finance perspective: retention, LD, insurance, indemnities, contract risks.
  

6) Controls, Governance & Audit Readiness (Zero Leakage Culture)

• Implement internal control framework: approvals, maker-checker, segregation of duties.
  
• Build internal audit mechanism (corporate + site): payroll, procurement linkages, store linkages, rentals, subcontractor bills.
  
• Fraud and leakage prevention: cash, fuel, consumables, ghost manpower, unauthorized OT, inflated rentals.
  

7) Commercial & Contract Finance Governance (With Commercial Head)

• Define commercial finance rules: pricing sanity checks, risk buffers, escalation clauses, payment milestones.
  
• Support claims strategy: documentation governance, quantification, negotiation support.
  
• Standardize subcontractor payment terms and back-to-back risk control.
  

8) Team Building & Finance Organization

• Build a high-performance finance team:
  
• Corporate controllership
  
• Site accountants & cost controllers
  
• Treasury & banking
  
• Compliance & taxation
  
• Define KRAs/KPIs and cadence: month close, reconciliations, aging, controls, audit closure.
  
• Strengthen ERP discipline and process standardization across sites.

Preferred candidate profile