Precious Inventory and Treasury CFO — Interim

The mandate

The CFO role requires interim executive cover to manage precious-material inventory valuation and treasury exposure across separate operating conversations. Stock may be physically accounted for while its valuation, conversion loss and funding consequence remain difficult to reconcile. The interim CFO will restore executive financial discipline across those interfaces without assuming responsibility for manufacturing quality or product design.

The twelve-month assignment starts on 19 October 2026, five days weekly from Bengaluru with agreed manufacturing visits. A permanent CFO search runs concurrently. The early task is to establish a stock-to-finance bridge that distinguishes owned material, customer-supplied material, work in progress and recoverable scrap before leadership chooses how much cash can safely be released.

Handover requires reconciled material categories, authorised valuation judgements, documented treasury exposures and a cash forecast that responds to production and collection changes. The successor must independently review a stock exception and lead the treasury forum. Physical count completion alone will not close the assignment where conversion or ownership assumptions remain unsupported.

The CFO may reject unsupported inventory valuations, change finance-review sequencing and approve payments within the existing delegation. Borrowing increases, new hedging instruments, capital commitments and permanent senior appointments require the appropriate executive or committee approval. The CFO cannot alter product specifications, promise customer delivery dates or dispose of precious material without the authorised operational and security approvals.

A manufacturing-system replacement, retail expansion strategy and broad tax restructuring are excluded. Finance will receive authorised material movements, custody records, production yields and banking information. The job demands a finance chief who can challenge inventory economics rigorously while respecting the independent responsibilities of production, commercial and physical-security owners.

What you will own

• Establish the material ownership and valuation bridge, requiring evidence for consigned, customer-supplied and recoverable categories before balances enter financial decision packs.
• Decide delegated valuation exceptions using conversion records and approved accounting policy, escalating unsupported recovery assumptions rather than treating all process loss as ordinary consumption.
• Set treasury exposure reviews that connect metal purchases, production timing and collections, explaining the cash consequence of retaining material longer than the plan assumes.
• Authorise finance controls for stock adjustments and scrap recognition, ensuring the approval record preserves both financial reasoning and required physical-custody checks.
• Reprioritise existing finance capacity toward high-value inventory exceptions, documenting why a particular review protects more financial exposure than a routine aggregate check.
• Chair cash and inventory decision meetings with commercial and production owners, separating finance recommendations from operational commitments that the CFO cannot make alone.
• Transfer the valuation archive, exposure register and liquidity rhythm to the successor, verifying a live exception decision before relinquishing executive cover.

Candidate qualifications

• Demonstrate CFO or equivalent executive finance responsibility in jewellery, precious-material manufacturing or a comparably inventory-intensive environment. Explain an ownership or valuation issue you personally resolved, the production and custody evidence needed and the approvals retained. A general manufacturing title without exposure to material-value risk is insufficient.
• Show treasury judgement that connected inventory movement to liquidity rather than treating stock and banking as independent subjects. Candidates should describe a working-capital decision, the downside considered and the boundary between delegated action and a borrowing or hedging choice requiring higher approval.
• Evidence financial leadership through production-yield and recoverability disputes. Explain how you distinguished process loss, recoverable material and unsupported optimism, including a case where the operational account and financial treatment initially conflicted. The role requires constructive technical challenge rather than taking over manufacturing decisions.
• Provide proof of stabilising a finance team and transferring judgement to a successor. Professional accounting competence, confidentiality with high-value inventory data and disciplined approval behaviour must be demonstrated. The assignment does not demand unsupported CEO scope; it needs an effective CFO who knows which operational and physical-security decisions remain outside finance authority.

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-05.