Job Description

Senior Manager/Manager Finance (70%) & Continuous Improvement Lead (CI Lead) (30%

)

About Bayfield Food Ingredients:

Bayfield Food Ingredients is a dynamic and rapidly growing company specializing in high-quality seasoning, culinary solutions, and functional ingredients for the food & HORECA industry. We're in an exciting growth phase. As a privately held company, we foster a fast-paced, collaborative, and innovative culture, constantly seeking to optimize our operations and expand our reach in the global market.

Position Overview:

Bayfield Food Ingredients is seeking a highly skilled, strategic, and hands-on

Senior Manager, Finance (70%) & Continuous Improvement Lead (CI Lead) (30%)

. This dual-focused role will be instrumental in driving our financial health and operational excellence. Reporting directly to the CEO. This Position will be a key member of the executive leadership team, responsible for the aspects of financial management, including financial planning and analysis, accounting, treasury, tax, and investor relations. The ideal candidate will possess a deep understanding of the food ingredients industry, demonstrated experience in managing growth-stage finances, and a proven track record of optimizing financial performance through continuous improvement methodologies.

Key Responsibilities:

Senior Manager Finance (70%)

Strategic Financial Leadership:

Develop and implement financial strategies aligned with the company's growth objectives, including international expansion. Provide strategic financial guidance and insights to the CEO and executive team, contributing to overall business strategy. Lead the annual budgeting and forecasting processes, ensuring accuracy and alignment with business goals. Conduct in-depth financial analysis to support strategic decision-making and identify opportunities for improvement.

Financial Planning & Analysis (FP&A):

Oversee all financial planning, budgeting, and forecasting activities. Develop and monitor key performance indicators (KPIs) to track financial performance and identify trends. Prepare comprehensive financial reports, presentations, and dashboards for internal and external stakeholders.

Accounting & Reporting:

Manage all accounting operations, ensuring compliance with relevant accounting standards (e.g., Indian GAAP, IFRS if applicable for future international operations). Oversee month-end and year-end close processes, ensuring timely and accurate financial statements. Implement and maintain robust internal controls to safeguard company assets. Manage all tax planning and compliance activities.

Cash Flow & Debt Management:

Develop and execute strategies for efficient cash flow management, optimizing working capital. Manage debt facilities and relationships with financial institutions, ensuring optimal financing structures. Implement strategies for effective risk management related to financial operations.

Cost Management & Supply Chain Optimization:

Lead initiatives to identify and implement cost efficiencies across all business functions. Collaborate closely with operations and supply chain teams to optimize procurement, inventory management, and logistics for cost-effectiveness and efficiency. Develop and implement strong financial controls around supply chain processes.

Team Leadership & Development:

Build, mentor, and lead a high-performing finance team, fostering a collaborative and growth-oriented environment. Promote a strong ethical culture and ensure compliance with all regulatory requirements.

Continuous Improvement (CI) Lead (30%)

Cost Optimization & Control:

Lead cross-functional initiatives to identify, analyze, and implement cost reduction strategies across all business functions. Develop and monitor cost control measures, ensuring adherence to budgets and identifying areas for efficiency gains.

Inventory Management & Working Capital Optimization:

Collaborate with operations and supply chain teams to optimize inventory levels, reduce waste, and improve inventory turns. Implement strategies to enhance working capital efficiency, focusing on accounts receivable, accounts payable, and inventory.

Margin Management & Product Mix Optimization:

Analyze product profitability and contribute to strategies for optimizing product mix to maximize gross margins. Work with sales and marketing teams to understand market dynamics and pricing strategies.

Strategic Procurement & Vendor Management:

Partner with procurement to develop and execute strategic sourcing initiatives that drive cost savings and improve supplier performance. Evaluate and optimize vendor relationships to ensure competitive pricing and reliable supply.

Cash Flow Improvement:

Identify and implement process improvements that directly contribute to enhanced cash flow generation throughout the business cycle.

Supply Chain Cost Optimization:

Work closely with the supply chain team to identify bottlenecks and inefficiencies, implementing solutions to reduce logistics, warehousing, and transportation costs. Analyze supply chain data to pinpoint opportunities for continuous improvement in cost and efficiency.

Culture of Continuous Improvement:

Champion a culture of continuous improvement across the organization, promoting problem-solving and efficiency-driven mindsets. Identify and implement new systems, tools, and technologies to enhance productivity and financial reporting.

Qualifications:

Bachelor's degree in Finance, Accounting, Business Administration, or a related field. MBA or CA/CPA designation is highly preferred. Minimum of 8 years of progressive experience in finance roles, with at least 5 years in a senior leadership position in a manufacturing company. Proven experience in the food ingredients or related manufacturing industry is highly desirable. Strong expertise in financial planning and analysis, accounting principles, treasury management, and tax. Demonstrated success in cost management, debt management, and optimizing cash flow in a dynamic environment. Experience with supply chain finance and optimization initiatives is a significant advantage. Experience with international expansion and related financial complexities is a plus. Excellent leadership, communication, and interpersonal skills, with the ability to influence and collaborate across all levels of the organization. Strategic thinker with strong analytical and problem-solving abilities. Proficiency in financial software and ERP systems. Ability to thrive in a fast-paced, entrepreneurial, and innovative environment.

What We Offer:

The opportunity to play a pivotal role in the growth and success of a dynamic food ingredients company. A collaborative, innovative, and fast-paced work environment. Competitive salary and benefits package. Significant opportunities for professional growth and development
Job Types: Full-time, Permanent

Pay: ?700,000.00 - ?1,300,000.00 per year

Benefits:

Health insurance Provident Fund
Schedule:

Day shift
Supplemental Pay:

Yearly bonus
Application Question(s):

How many years of experience in to CI Lead(Continous Improvement lead)?
Work Location: In person