Vice President - Finance & Accounts

Company Overview: Leading textile group of India based Erode having global presence also with current turnover of 3000 cr. and is one of the fastest textiles growing company aiming to turn a billion $ company by 2030. Position Overview: We are seeking an experienced and visionary Chief Financial Officer (CFO) to lead our financial strategy, planning, and operations. The ideal candidate will play a pivotal role in driving sustainable growth, ensuring financial compliance, and building a robust financial framework for the organization. This is a leadership position that demands strategic acumen, operational excellence, and the ability to foster a performance-driven culture. Key Responsibilities: Financial Strategy & Planning: Develop and implement financial strategies aligned with organizational objectives. Oversee financial planning, budgeting, forecasting, and risk management. Lead funding strategies, including mergers and acquisitions, as required. Provide strategic guidance to the Board of Directors on financial matters. Financial Compliance & Reporting: Ensure compliance with financial regulations and reporting standards. Co-ordinate with external auditors for quarterly and annual audit finalizations. Drive annual budget preparation, perform monthly variance analysis, and implement corrective actions. Deliver monthly board presentations for Management Information Systems (MIS). Operational Efficiency: Conduct monthly Cost of Goods Sold (COGS) analysis and Optical Character Recognition (OCR) reports. Review monthly cash flows and monitor bank facilities on a daily basis. Oversee Accounts Receivable (AR) and Accounts Payable (AP) to ensure timely recoveries and payments. Implement Balanced Score Card (BSC) and set individual KPIs, with monthly performance reviews alongside the Director. Analyse new project feasibility, compute payback periods, and manage tax planning and annual Corporate Income Tax (CIT) finalizations with external auditors. Ensure all financial transactions are executed through the ERP system. Risk Management: Identify and mitigate financial risks to safeguard the organizations assets and operations. Team Development & Training: Foster a culture of continuous learning and professional growth within the finance team. Identify training needs and implement programs to enhance team skills and capabilities. Mentor and develop team members to prepare them for leadership roles. Promote collaboration and effective communication across departments. Encourage and motivate employees to implement continuous improvements. Desired Profile: Qualifications: Chartered Accountant (CA) with an additional qualification as a Company Secretary (CS) is preferred. CMA or equivalent certifications are also considered. Experience: A minimum of 15 years of experience in financial management, with at least 5 years in a leadership role. Experience in large-scale organizations or businesses with significant turnovers is preferred. Proven experience in ERP implementation and technology-driven financial operations is an advantage. Skills: Strong analytical and decision-making abilities. Excellent communication and interpersonal skills. Expertise in financial systems, regulations, and strategic management. Tech-savvy with a robust understanding of financial technologies and tools.