CFO

• Designation: CFO
• Location: Pune, Maharashtra
• Industry: Service

Job Summary

• This is a high-impact leadership
• mandate for a finance professional who combines deep technical expertise with
• strong business partnership skills. The CFO will own the Group's financial
• strategy end-to-end — from building robust controls and compliance frameworks
• to shaping capital structure, driving working capital efficiency, and preparing
• the organisation for its next phase of institutional and capital markets
• engagement.

KEY RESPONSIBILITIES

1.

Financial Strategy & Business Partnership

• •Partner with the Director
• and CEO to shape the Group's financial strategy in alignment with overall
• business objectives.
• •Lead annual budgeting,
• long-range financial planning, and rolling forecast processes across all
• business units.
• •Provide sharp, data-driven
• financial insights to support strategic decisions on growth, investments, and
• resource allocation.
• •Identify financial
• innovations and funding structures that can drive business expansion and margin
• improvement.
• 2.

Financial Operations, Controls & Compliance

• •Establish and continuously
• strengthen financial control frameworks ensuring compliance with regulatory and
• accounting standards (Ind AS, Companies Act, SEBI where applicable).
• •Oversee statutory audits,
• internal audits, direct and indirect taxation (GST, TDS, Income Tax), and risk
• management across all Group entities.
• •Manage multi-entity
• consolidation across CLR Group's various subsidiaries and related entities with
• accuracy and timeliness.
• •Leverage financial
• analytics to identify risks and opportunities in real time, enabling proactive
• decision-making.
• •Ensure zero-tolerance
• compliance on ROC filings, secretarial standards, and regulatory submissions.
• 3.
• Working Capital, Treasury & Cash Flow Management
• •Own end-to-end working
• capital management — with a sharp focus on reducing Days Sales Outstanding
• (DSO) and improving collections efficiency.
• •Manage treasury operations
• including cash flow forecasting, liquidity planning, and optimal deployment of
• funds.
• •Build and maintain strong
• banking and lending institution relationships for credit facilities, working
• capital lines, and debt structuring.
• •Optimise the Group's
• debt-equity mix and oversee loan covenants, interest cost management, and
• refinancing where appropriate.
• 4.

Capital Structuring & Business Growth

• •Shape the capital strategy
• to optimise investment, working capital, and cash flow across the Group.
• •Oversee capital infusion
• and equity/debt raise initiatives in coordination with the leadership team.
• •Evaluate financial
• viability of new verticals, geographies, and strategic partnerships.

•Support M&A

• opportunities as required — financial due diligence, valuation, deal
• structuring, and post-merger integration from a finance lens.
• 5.

Investor Relations & Stakeholder Engagement

• •Build trust and credibility
• with investors, board members, lenders, and financial institutions.
• •Prepare and present
• periodic financial performance reports, business outlook updates, and strategic
• plans to the Board and Director.
• •Shape transparent reporting
• systems that drive accountability and performance visibility across the
• organisation.
• •Respond to queries from
• institutional investors, banks, and other financial stakeholders with clarity
• and confidence.

• IPO

Readiness & Governance Strengthening

• •Lead the finance function's
• preparation for a potential IPO — including governance upgrades, financial
• reporting standards alignment, SEBI compliance readiness, and investor-grade
• disclosures.
• •Work with legal,
• secretarial, and external advisors to ensure the Group's corporate structure
• and financials are IPO-ready.

•Institutionalise

• board-level financial reporting, audit committee processes, and independent
• director engagement.
• •Drive adoption of Ind AS
• reporting standards ensuring financial statements reflect the highest levels of
• accuracy and transparency.
• 7.

Digital Transformation & Financial Innovation

• •Drive automation and
• digitisation of financial operations — including SAP/ERP optimisation,
• automated MIS, and real-time dashboards.
• •Leverage technology and
• analytics to enhance financial forecasting, scenario planning, and reporting
• accuracy.
• •Champion a data-first
• finance culture where decisions are driven by real-time financial intelligence.
• •Evaluate and implement
• fintech solutions that improve efficiency across payroll, invoicing,
• collections, and treasury.

• Team

Leadership & Finance Function Building

• •Lead, mentor, and develop a
• finance team of 70+ professionals across accounting, taxation, treasury,
• FP&A, and compliance.
• •Build a high-performance
• finance function with clear ownership, strong processes, and a culture of
• accuracy and accountability.
• •Drive capability
• development within the team — upskilling on technology, compliance, and
• business finance skills.
• •Establish clear KPIs,
• review cadences, and performance management processes within the finance
• function.

Experience

& Background

• •15–18 years of progressive
• finance leadership experience, with at least 5 years in a CFO, Deputy CFO, VP
• Finance, or Group Finance Controller role.
• •Mandatory: Hands-on
• experience in financial planning & strategy, corporate finance, working
• capital management, and taxation.
• •Must have experience in
• manpower-intensive or service-driven businesses — IFM, staffing, logistics,
• telecom, infrastructure O&M, or similar sectors strongly preferred.
• •Experience in a large,
• multi-entity, multi-location organisation with revenues of ₹500 Cr+ strongly
• preferred.
• •M&A experience is an
• advantage but not mandatory.
• •Experience working with
• private equity, institutional investors, or preparing for capital market
• transactions (IPO/QIP) is highly desirable.

•Hands-on SAP / ERP

experience is essential.

Technical

& Functional Competencies

• •Deep expertise in Indian
• financial regulations — Companies Act, GST, TDS, Income Tax, Ind AS, and ROC
• compliance.
• •Strong command over
• financial modelling, scenario planning, and management reporting.
• •Proven track record of
• building and leading high-performance finance teams.
• •Expertise in treasury
• operations, banking relationships, and debt management.
• •Strong understanding of
• capital structuring, financial due diligence, and investor reporting.

Leadership

Competencies

• •Strategic business partner
• — ability to translate financial data into actionable business insights for the
• leadership team.
• •High integrity with an
• unwavering commitment to governance, transparency, and ethical financial
• practice.
• •Strong communicator — able
• to present complex financial information clearly to the Board, Director, and
• investors.
• •Hands-on, detail-oriented
• leader who does not lose sight of operational rigour while thinking
• strategically.
• •Collaborative and
• cross-functional — able to work effectively with HR, operations, legal, and
• business unit heads.

Integrity

& Legal Standards

• •Clean legal track record
• is mandatory — candidates with pending fraud, criminal, or regulatory cases
• will not be considered.
• •No fraud or criminal
• cases of any nature — past or present.
• •Highest standards of
• personal and professional integrity are non-negotiable for this role.

Education

•Chartered Accountant (CA) —

strongly preferred.

•Cost & Management

Accountant (CMA) or MBA – Finance from a Tier 1 / Tier 2 B-School will also be

considered.