Deputy Chief Financial Officer

Department Icon Accounting & Finance
Posted: 8 months ago
7-10 years
Bengaluru / Bangalore, Karnataka
Accounting & Finance
work from office
Full Time

Posted: 8 months ago
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Job Description

Company: Shankara Buildpro Ltd.

Job Type: Full Time

Location: 21/1, Veerasandra, Hosur Main Road, Electronic City Post, Taluk, Anekal, Bengaluru, Karnataka 560100

Working Days: Monday to Saturday

Working Hours: 10:00 AM to 6:30 PM

CTC Range: ?15,00,000 ?25,00,000 LPA

Reporting To: Chief Financial Officer

Shankara Buildpro Ltd, with a 54-year legacy, is Indias largest distributor and retailer of steel pipes and tubes. Buildpro is a multi-product and multi-brand marketplace for building materials, offering a comprehensive range of products including steel, aggregates, construction chemicals, plumbing, sanitaryware, tiles, electricals, paints, roofing, hardware, and more.

The Shankara Group is also engaged in CR sheets, steel tubes, and roofing products, strengthening its presence across the building materials value chain.

We are a true omnichannel, one-stop solution for construction and home improvement needs. An ISO 9001certified organization with a ?7,000+ crore group turnover, we serve customers across South, West, and East India. Our in-house brandsGanga and Fotiaoffer high-quality roofing solutions, steel accessories, tiles, bathroom essentials, and allied building materials. The Deputy CFO will work closely with the CFO and leadership team to drive financial.

Candidate Profile

  • Strong knowledge of Accounts with hands-on experience in finalization of accounts
  • Prior experience leading and managing finance teams
  • Experience in mid-level corporates in:
  • Manufacturing (including MSME)
  • Large trading enterprises (Metals, Consumer Durables, Building Materials)
  • Strong interest in Financial Accounting, Banking, and Management Data Analysis
  • Aspires to grow long-term with the organization

Key Responsibilities

1. Financial Strategy & Leadership

  • Support the CFO in developing and executing financial strategy aligned with business objectives
  • Drive long-term financial planning, budgeting, forecasting, and performance management
  • Provide strategic financial insights to senior leadership for expansion and investment decisions
  • Evaluate new business opportunities, capex proposals, and profitability analysis

2. Financial Reporting & Compliance

  • Oversee preparation of accurate and timely financial statements
  • Ensure compliance with statutory, regulatory, tax, and corporate governance requirements
  • Liaise with statutory auditors, internal auditors, banks, and regulatory authorities
  • Ensure adherence to accounting standards and internal financial controls

3. Budgeting & Cost Control

  • Lead the annual budgeting process and periodic forecasting
  • Monitor financial performance against budgets and drive corrective measures
  • Identify cost optimization and margin improvement opportunities
  • Implement robust MIS and reporting systems for management review

4. Treasury & Working Capital Management

  • Manage cash flow, working capital, and liquidity planning
  • Optimize fund utilization and banking relationships
  • Oversee credit control, receivables management, and inventory financing strategies

5. Risk Management & Internal Controls

  • Strengthen financial governance and risk management frameworks
  • Ensure effective internal control systems across all business verticals
  • Identify financial risks and implement mitigation strategies

6. Team Leadership & Process Improvement

  • Lead and mentor the finance and accounts team
  • Drive automation, digitization, and ERP optimization initiatives
  • Foster a culture of accountability, transparency, and performance excellence

Required Skills & Qualifications

Experience

  • 7-10 years of progressive experience in Finance & Accounts
  • Proven experience in a senior finance leadership role (Controller / Finance Head / Senior Finance Manager / Deputy CFO)
  • Experience in retail, distribution, manufacturing, or building materials industry preferred
  • Experience handling multi-location operations is highly desirable

Educational Qualification

  • CA / CMA / MBA (Finance) Mandatory
  • Additional certifications in finance, taxation, or corporate governance are an advantage

Technical Skills

  • Strong knowledge of financial reporting, taxation, compliance, and corporate finance
  • Expertise in budgeting, forecasting, MIS reporting, and financial analysis
  • Proficiency in ERP systems and advanced Excel
  • Strong understanding of banking operations and treasury management

Leadership & Behavioral Competencies

  • Strategic thinker with strong analytical ability
  • High integrity and governance mindset
  • Excellent stakeholder management and communication skills
  • Strong leadership and team management capability
  • Ability to work in a fast-paced, growth-oriented environment

Why Join Us

  • Be part of a ?7000+ crore group with a strong 54-year legacy
  • Opportunity to work directly with senior leadership and influence strategic decisions
  • Exposure to a large-scale omnichannel retail and distribution network
  • Competitive compensation and strong growth opportunities
  • Work with a reputed ISO-certified organization and leading brands in the construction materials space

To Apply

Interested candidates can share their updated CV along with details of current CTC, expected CTC, and notice period to: [HIDDEN TEXT] Please mention Application for Deputy CFO in the subject line of the email.

Skills

AccountingAccountsBudgetingCapexAccounting StandardsCash FlowErp SystemsFinance & AccountsFinance And AccountsFinancial ControlsFinancial GovernanceFinancial StatementsCost ControlErpProcess ImprovementCaCfoChief Financial OfficerFinance ManagerFinanceCash

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About Company

Shankara Building Products is one of the leading organized retailers of home improvement and building products in India, operating under the brand name ‘Shankara Buildpro’. Shankara Buildpro has a large network of stores spread across several states and caters to a large base of home owners, professional customers and institutions. Shankara Buildpro offers a comprehensive range of products across categories such as cement, steel, roofing solutions, plumbing, sanitary ware, tiles, electricals, kitchen and bath fittings, interior and exterior finish products.
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