Industrial Finance and Treasury Leadership — Interim CFO

The mandate

Manufacturing, treasury and statutory reporting currently operate with separate decision queues. The interim CFO must reconnect them before routine tradeoffs become unrecorded commitments. Product and service obligations must remain visible when a local finance improvement would transfer risk elsewhere. Relevant product and service economics matter more than importing a generic cost-reduction agenda.

Industrial treasury and reporting authority pass to the interim CFO on 19 October 2026 for twelve months of finance continuity. A permanent CFO search proceeds alongside the assignment, with the final quarter reserved for joint review of cash decisions, accounting positions and management-team responsibilities. Bengaluru is the working base; planned factory visits are included, while exceptional overseas travel requires an approved itinerary and reimbursed costs.

At handover, the successor must be able to reproduce the liquidity forecast, trace material estimates to evidence and distinguish profitable aftermarket demand from activity that consumes cash. Two consecutive close cycles must have no unexplained bridge between operating results and available funds. Open audit judgements must carry named owners, documented alternatives and dates rather than depending on the interim's memory.

The CFO may approve treasury placements within existing counterparty limits, reject unsupported margin forecasts and authorise budgeted operating expenditure up to ₹50 lakh per decision. New debt, acquisitions, changes in accounting policy and permanent leadership appointments remain board matters. A lower limit or additional dual approval may be imposed after the first risk review; no undocumented delegation is permitted. Statutory officer appointments and legal signing powers remain unchanged unless separately authorised through the required corporate process.

The assignment excludes plant engineering redesign, sales ownership and transaction origination. Finance will supply decision evidence, not substitute for technical sign-off or commercial accountability. The fee includes ordinary preparation and five working days weekly; no equity, annual salary comparison or automatic permanent conversion is attached to this interim seat.

What you will own

• Establish a signed opening cash and obligation register, separating unrestricted balances, contingent calls and forecasts dependent on customer acceptance before approving liquidity actions.
• Decide which product-margin exceptions warrant pricing, sourcing or service-contract escalation, retaining the underlying quantity, warranty and working-capital evidence for accountable commercial decisions.
• Approve the monthly industrial performance bridge, reconciling output, absorption, inventory movement and cash before releasing the executive pack with signed explanations for residual differences.
• Reframe capital requests around lifecycle returns and liquidity headroom, recording rejection conditions as clearly as approval conditions for the investment committee.
• Resolve audit-estimate disagreements through position papers that show alternative treatments, supporting facts and the boundary of management judgement before the review deadline.
• Negotiate a treasury execution calendar with authorised banking relationships, without extending counterparties or leverage beyond existing board-approved policies, and retain approval evidence for exceptions.
• Transfer operating and control decisions to the permanent CFO through rehearsed close reviews, exception walkthroughs and a signed residual-risk log.

Candidate qualifications

• Provide evidence of holding genuine CFO or equivalent delegated finance authority in an industrial or product-led business. Explain the decisions personally signed, the governing limits and one challenge raised by an audit committee. A senior title without demonstrated ownership of funding, reporting and business tradeoffs will not establish readiness for this seat.
• Demonstrate qualified accounting judgement across manufacturing inventory, revenue cutoffs, warranty estimates and fixed-asset investment. Bring a redacted example showing how contradictory operational evidence changed an accounting conclusion. The requirement is for reasoned estimates and documented alternatives, not familiarity with a particular enterprise software brand or an unsupported claim of error-free reporting.
• Show a treasury intervention that preserved supplier continuity or covenant headroom without hiding overdue obligations. Distinguish negotiation success from merely delaying payments, quantify the durable cash effect and identify who approved the risk. Candidates must understand hedging and facility conditions while recognising that specialist legal or valuation opinions remain outside their own competence.
• Substantiate leadership through a handover that another finance leader successfully operated. Describe how team responsibilities, decision thresholds and unresolved matters were transferred, including a control weakness that remained open. At least ten relevant years must include demonstrated CFO approval of funding and reporting decisions, with a successor able to explain the retained executive limits from the handover record.

Application

Applications for this mandate are received in one way only: through the India Board Terminal's application process. It is automated end to end. Your Executive Passport travels to the mandate holder in its confidential form, your answers to the three questions below are read before anything else in your file, and every stage that follows is recorded on your applications page.

There is no address to write to and no intermediary to call. The mandate holder reads what the Terminal delivers and nothing else, which is what keeps the process the same for every applicant and keeps your name out of it until you release it. Applications close on 11 October 2026. Mandate reference PCT-INT-2026-IND-21.