Chief Financial Officer

Job Title

Chief Financial Officer

About Welspun World

Welspun World is one of India's fastest growing global conglomerates with businesses in Home Textiles, Flooring Solutions, Advanced Textiles, DI Pipes, Pig Iron, TMT bars, Stainless Steel, Alloy, Line Pipes, Infrastructure & Warehousing.

At Welspun, we strongly believe in our purpose to delight customers through innovation and technology, achieve inclusive & sustainable growth to remain eminent in all our businesses. From Homes to Highways, Hi-tech to Heavy metals, We lead tomorrow together to create a smarter & more sustainable world.

About Welspun Entity

Welspun Corp Ltd (WCL. is a leading player in Pipe Solutions and Building Materials industry with manufacturing presence in three countries; India, USA and Saudi Arabia. We are amongst the top three large diameter pipes manufacturers globally, with a global footprint across six continents and fifty countries by delivering key customized solutions for both onshore and offshore applications. Welspun Corp also manufactures Ductile Iron (DI. Pipes, Stainless Steel Pipes, Tubes & Bars, and TMT (Thermo-Mechanically Treated. Rebars. The company has state-of-the-art manufacturing facilities in Anjar (Gujarat., Bhopal (Madhya Pradesh., Mandya (Karnataka. and Jhagadia (Gujarat. in India. Overseas, WCL has a manufacturing presence in Little Rock, Arkansas, USA and in Dammam, Saudi Arabia.

WCL’s expansion entails creating a diversified product portfolio and repurposing its business to add new target segments, organically and inorganically. The company acquired Sintex-BAPL, a market leader in water tanks and other plastic products, to expand its building materials portfolio. Welspun Corp is the only company in India providing water solutions across three segments; MS pipes for transmission of water, Ductile Iron Pipes (DI pipes. for distribution of water; and water storage tanks & PVC pipes under brand Sintex for water storage and last mile connectivity.

As a responsible organization, Welspun Corp is committed to reducing its environmental footprint and aims to be carbon & water neutral by 2040. Welspun Corp has made it to the top 4 percentile of steel companies globally in the prestigious DJSI global ESG ratings.

Job Purpose/ Summary

CFO role is to support Business Unit Head office, to review of Monthly MIS including PandL, Balance Sheet, Cash flows, Project Costing and profitability, besides assisting Business Unit Head in designing business strategies and new init

Job Description
Direct Reporting - Business Head, India and APAC, WCL Matrix Reporting - Function Head, Finance and Accounts, WCL Location : Mumbai Job Role : 1. Financial Projectsion and estimates analysis, MIS including PandL, Balance Sheet, Cash flows various analysis from time to time on India BU 2. Preparation of budget and quarterly reporting of business plan and manpower cost 3. Monitoring Achievement of yearly cash flow target (OCF. as per BP,Yearly EBITDA target (INR Cr. 4. Analyze the Project costing and profitability at bidding stage and completion and assist in Pricing decisions 5. Identify new business growth areas and initiate the implementation 6. Ensure Compliance at India BU Level 7. Ensure GAM Compliance at India BU Level and update as per business needs and Org Structure 8.Analyze, Control, monitor, and drive customer collections, inventory, Accounts Receivable, Net Working Capital on a routine basis and Coordinate with Supply Chain, Procurement, Marketing" 9.Credit control of customers

Responsibility

Assist the Business Unit Head in reviewing the Annual Business Plan budgets execution monitoring cash flow management and financial control projectionsbrCollaborate with the Business Unit Head to design and implement business strategies and new initiativesbrParticipate in monthly reviews of the India Business Unit to ensure alignment with corporate objectivesbrOversee the preparation of the annual budget and conduct quarterly reviews of the business plan and manpower costsbrEnsure the achievement of yearly cash flow targets Operating Cash Flow as per the Business PlanbrTrack and manage net working capital including inventory to optimize financial performancebrAnalyze project costing and profitability at the bidding stage and upon completion assisting in pricing decisionsbrControl monitor and drive customer collections inventory accounts receivable and net working capital on a routine basisbrCoordinate with Supply Chain Procurement Marketing and other departments to ensure seamless financial operationsbrCollaborate with departments such as Banking Accounting Audit Corporate MIS and Consolidation to enhance financial functionsbrIdentify new business growth areas and initiate their implementation to drive organizational successbrEnsure compliance with Governance Authority Management at the India Business Unit levelbrLead team development initiatives and assign digital projects to enhance team capabilitiesbrSupport management in all aspects of the India Business Unit and work closely to achieve corporate finance objectives

Company Name

Welspun Specialty Solutions Limited

Division

Finance & Accounts

Key Interactions

Top Management,Mid Management,Cross-Functional Collaboration ,Auditors,Junior Management

Relevant Work Experience

15 - 20 Years

Relevant Industry

Any Industry

Education-Qualification

Diploma,Master,Bachelor

Education-Specialization

Chartered Accountant,CA

Language Proficiency

ENGLISH,HINDI

Certifications

NA

Skill

Business Acumen,Risk Management,Vendor Management,Product Management,Communication,ERP systems,Procurement Intelligence,Business Commercial acumen Level 510 Years 5,Entrepreneurship Level 510 Years 5,Global Mindset Level 510 Years 5,People Excellence Level 510 Years 5

Competency Names

Business & Commercial acumen, Entrepreneurship, Global Mind-set, People Excellence, Data Analysis (BHO., Business Knowledge, Business Communication, Basic Finance, Problem solving skills, Technology skills(IT., Business Knowledge, Business Communication