Deputy Cfo

Year    OR, IN, India

Job Description

Role Summary

The Deputy CFO will assist the CFO in managing the financial operations of the electrical EPC business, ensuring tight control over project budgets, cash flows, and statutory compliance. The ideal candidate will have experience in managing the finances of capital-intensive, contract-driven businesses and should be capable of stepping into a leadership role when needed.

Key Responsibilities

1. Project-Based Financial Management

Support bid costing, project budgeting, and financial evaluation of tenders.
Monitor billing (RA Bills), project margins, revenue recognition (POC method), and WIP.
Validate commercial clauses in contracts and manage associated risks.

2. Cash Flow & Treasury Management

Plan project-wise and company-wide cash flows and working capital requirements.
Handle fund utilization, vendor payments, subcontractor advances, and debtor collections.
Manage bank relationships for BGs, LCs, and project funding.

3. Compliance & Regulatory Oversight

Ensure compliance with GST, TDS, Income Tax, Companies Act, e-invoicing, and other EPC-relevant norms.
Coordinate with statutory and internal auditors during project-specific and consolidated audits.

4. Procurement & Cost Control Support

Collaborate with procurement for commercial terms review and cost benchmarking.
Monitor capex, opex, and logistics costs with the goal of margin protection.

5. Financial Reporting & Controls

Deliver monthly MIS, project P&L, cash flow reports, and financial dashboards to management.
Support closure of accounts in a timely and audit-compliant manner.

6. ERP Systems & Process Improvement

Ensure ERP integration across project, procurement, and finance functions.
Automate reporting and implement SOPs for better control and accountability.

Qualifications & Skills

Education

Chartered Accountant (CA) / CMA or MBA in Finance from a reputed institute.

Experience

8-12 years in core finance and accounts.
Minimum 3-5 years in electrical EPC, infrastructure, or construction sectors in a senior finance role.

Technical Skills

Proficiency in ERP systems like SAP, Oracle, or Tally with EPC modules.
Strong command over Excel, project financial modeling, and contract financial terms.

Soft Skills

Strong leadership and team management capabilities.
High ethical standards and integrity.
Excellent communication skills, especially with cross-functional teams, clients, and banks.

Career Path

This role is intended as a stepping stone to the CFO position. The Deputy CFO will gain exposure to investor management, strategic planning, and board reporting.

Job Types: Full-time, Permanent

Pay: ?18,993.69 - ?126,353.94 per month

Benefits:

Health insurance Paid sick time Paid time off Provident Fund
Schedule:

Day shift Fixed shift Morning shift
Supplemental Pay:

Performance bonus Yearly bonus
Work Location: In person

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Job Detail

  • Job Id
    JD3788698
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    OR, IN, India
  • Education
    Not mentioned
  • Experience
    Year