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
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