Chief Financial Officer - Automotive Components

Job Purpose:

The Chief Financial Officer (CFO) is a key member of the executive leadership team responsible for managing the Company’s financial actions. This includes strategic financial planning, budgeting, forecasting, cost control, risk management, compliance, fundraising, and maintaining investor and stakeholder relations. The CFO will ensure financial health and regulatory compliance while supporting sustainable business growth and profitability.

Organizational Overall Business Strategy (BRM)

• Align all functional plans and execution with the company’s EBITDA, cost margin, and cash flow.
• Drive cost optimization initiatives across functions to deliver sustainable cost savings without compromising quality.
• Ensure effective financial discipline through adherence to approved budgets, cost controls, governance.
• Lead and reinforce a performance-driven culture by promoting accountability, disciplined execution aligned with the company’s transformation agenda across departments.

Strategic Financial Planning

• Lead the development and execution of financial strategies aligned with business objectives. 
• Advise the CEO and Board on financial implications of business decisions. 
• Drive growth plans, investments, capex, and funding strategies. 
• Ensure the availability of timely, accurate, and reliable financial data to support strategic decision-making. 
• Proactively explore, assess, and recommend investment opportunities to drive sustainable growth and value creation. 
• Monitor project undertaken to avoid cost over runs.

P&L and Balance Sheet

• Identify cost-saving opportunities in procurement, operations, logistics, and overheads. 
• Conduct variance analysis vs. budget and recommend corrective actions. 
• Implement costing systems (standard costing, activity-based costing, etc.). 
• Implementing costing system, procedures and practices. 
• Designing formats for collecting cost data. 
• Obtaining feedback on actual versus budgeted costs for action. 
• Carrying out studies for cost reduction and cost control. 
• Creating cost consciousness.

Budgeting & Forecasting

• Prepare annual budgets, rolling forecasts, and 3–5-year business plans. 
• Ensure timely and accurate preparation of financial statements. 
• Coordinate with all departments to align budgets with operational plans

Inventory Control

• Provide financial oversight of inventory by setting working capital targets, monitoring inventory turns, and ensuring optimal balance between service levels and cash flow.
• Establish inventory valuation, provisioning, and obsolescence policies to ensure accurate financial reporting and risk mitigation. 
• Partner with operations and supply chain teams to drive inventory reduction initiatives, improve forecast accuracy, and minimize slow-moving and non-moving inventory.

Compliance & Governance

• Ensure adherence to statutory and regulatory requirements (Income Tax, GST, Companies Act, etc.). 
• Manage external/internal audits, tax planning, and assessments. 
• Maintain strong internal controls and risk management frameworks. Ensure proper corporate tax planning. 
• Advise HR department on tax matters. 
• Ensure that the latest tax laws, along with their implications, are brought to the notice of the management from time to time. 
• Handel all legal matter relating to tax including tax audit assessment. 
• Interaction with consultants, solicitors, legal counsel and auditor for clarification, opinions and implication of new laws/amendments.

Treasury & Fund Management

• Oversee banking relationships, cash flow management, and fund deployment. 
• Manage forex exposures, hedging, and financial instruments where relevant. 
• Explore funding options including debt, equity, working capital, and subsidies.

Investor & Stakeholder Relations

• Lead interactions with shareholders, board members, financial institutions, and auditors. 
• Propose and present financials to investors, banks, and credit rating agencies. 
• Liaise with auditors, banks, regulatory authorities, and investors

Export Benefits

• Develop information system for timely claiming of export benefits and when applicable. 
• ‘Manualise ‘procedures and identify checkpoint. 
• Maintaining updated knowledge of legal provision and case laws for effective working. 
• Effecting payments as per law and in time to ensure that no penalties are levied. 
• Preparing briefs for effecting representation to government and effective working with consultants if applicable.

SAP & Digital Finance

• Strengthening financial processes and reporting through ERP (SAP, etc.). 
• Drive automation and digitization of finance, accounting, and compliance functions.

Team Leadership & Development

• Lead, mentor and develop the finance and accounts team. 
• Promote a culture of financial prudence, accountability, and continuous improvement. 
• Build cross-functional collaboration with operations, procurement, and sales teams.

Health Safety and Environment

• Ensure adequate financial planning, budgeting, and resource allocation to support compliance with Health, Safety, and Environmental regulations and organizational HSE objectives. 
• Provide financial oversight for HSE initiatives by monitoring costs, evaluating risk mitigation investments, and supporting sustainable practices that minimize safety, environmental, and financial risks

Antal International is hiring for a leading Client.

Antal is a global recruitment firm that helps clients find highly skilled candidates, from mid to senior in several disciplines across a spectrum of sectors.

We provide an advanced recruitment consultancy and talent acquisition services worldwide, partnering with companies of all sizes. Our brand, people, technology, and professional business model give us the strength to do so. 

Utilizing an extensive international network to carry out cross border work allows us to bring a truly unique approach to the recruitment sector. Our global network of resources, combined with our tried and tested methodology, provide comprehensive solutions that go beyond conventional recruitment methods.