Vice President, Finance Governance — Industrial Technology Commitments

The mandate

Industrial technology commitments often grow through several individually modest decisions: an equipment variation, additional engineering work, an expedited supplier arrangement or a customer concession. In this remit, their accumulated financial consequence is not consistently linked to the authority that approved the original project. The VP will own finance governance across those interfaces, ensuring managers understand when a decision remains inside delegation and when altered cost or exposure requires a fresh executive approval.

This is permanent, open-ended employment with an initial eighteen-month programme to establish commitment visibility and make the control framework usable in operating decisions. Seventeen specialists support finance governance, working with plant controllers and engineering managers. Pune is the base, with regular operating-site review. The team will examine actual commitments and exception behaviour; it will not judge adoption solely from completion of policy training or an apparently low number of reported breaches.

The VP sets finance evidence and escalation standards, requires review of unsupported commitments and approves control exceptions within documented CFO delegation. Engineering leaders retain technical scope, procurement retains supplier selection and authorised executives retain material expenditure decisions. Legal and compliance specialists interpret applicable obligations. Finance should identify the total economic exposure of linked changes without turning a governance role into an alternative procurement department or claiming that financial clearance certifies technical suitability.

The continuing remit includes finance risk reviews, remediation ownership and audit-committee communication. It excludes industrial safety certification, legal investigation and operation of production equipment. Directors expect a clear distinction between a control that prevented an unauthorised commitment and one that merely detected it after a supplier had already performed the work. The VP must balance timely operating decisions with review proportionate to exposure, removing needless friction while refusing workarounds that conceal the true size or ownership of an obligation.

What you will own

• Map how financial commitments arise across capital work, engineering changes and commercial exceptions, identifying the point at which linked decisions alter approved exposure and should return to the authorised owner.
• Establish commitment aggregation and evidence standards that detect split approvals or accumulated variations, preserving legitimate operational delegation while preventing a sequence of small requests from bypassing the intended investment limit.
• Govern finance exceptions through explicit rationale, compensating controls and expiry, requiring operating owners to demonstrate a responsible temporary arrangement rather than treating urgency as permanent permission to ignore the standard.
• Test control operation with actual commitment samples and manager walkthroughs, checking whether the approval occurred before the obligation arose and whether reviewers could understand the full cost and decision context.
• Lead remediation reviews that distinguish policy design, system enforcement and management behaviour, assigning actions to the owner capable of changing the cause instead of sending every weakness back to the controller for another reconciliation.
• Present material finance-governance exposure to the CFO and committee with decisions, alternatives and residual risk, making recurring patterns visible without substituting a count of completed actions for proof that commitments are controlled.
• Coach controllers and operating managers in proportionate financial judgement, using real cases to improve escalation and delegation so ordinary work can proceed reliably without dependence on undocumented central intervention.

Candidate qualifications

• Bring at least 28 years in finance with senior governance, controllership or strategy-and-control responsibility in technology, engineering, manufacturing or a comparable project-and-product organisation. Show a commitment whose total exposure differed from the value presented for approval. Your evidence should identify how you connected the decisions, changed the control and verified that management behaviour improved before further obligations arose.
• Demonstrate accounting or management-accounting competence supported by a recognised credential or equivalent substantial professional standing. You must explain how approval authority, budget availability and accounting treatment differ; none automatically establishes the others. Practical knowledge of capital and operating commitments is essential, together with appropriate use of legal, compliance and engineering specialists when the decision requires their authoritative conclusions.
• Have examined the operation of finance controls across systems and operating practice. An assurance credential or equivalent applied review experience is relevant where it supports sample testing, access assessment and evidence evaluation. Describe a well-written policy that failed in practice and how you distinguished a design weakness from an unenforced system rule or a management workaround that required a different response.
• Have led control professionals and coached senior managers without making governance synonymous with universal central approval. Show how you removed unnecessary friction while maintaining independence over consequential exceptions. The role requires direct engagement with operating teams, concise committee communication and careful handling of sensitive findings. Control success must be demonstrated through usable authority and changed commitment behaviour, not merely training attendance or closed audit actions.

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 8 October 2026. Mandate reference CVU-PER-2026-IND-233.