Careers
Group Chief Financial Officer (CFO)
LocationNoida, Sector 57 - with travel across India
DepartmentFinance
Megamax Group's CFO will be the strategic financial leader responsible for capital strategy, governance, performance, and risk across a multi-industry portfolio. The role spans Group finance, FP&A, treasury, investor relations, audits & compliance, and commercial/business partnering with each vertical (IT, Solar, Aviation). The CFO will build scalable systems, policies, and metrics that enable profitable growth, cash discipline, and strong controls — while supporting bold expansion, including solar project finance and aviation route economics (UDAN/Regional).
Strategy & Capital Allocation
- Partner with CMD and BU Heads to shape long-term financial strategy and portfolio choices across IT, Solar, Aviation.
- Lead capital raises (equity, debt, structured finance), optimize cost of capital, ensure liquidity resilience.
- Drive investment cases for organic expansion, M&A/JVs, carve-outs; evaluate ROCE/IRR and risk-return tradeoffs.
FP&A, Performance & Decision Support
- Establish robust budgeting, rolling forecasts, and driver-based planning.
- Define and own sector-specific KPIs and dashboards — IT: ARR/MRR, gross margin by service line, utilization, backlog, churn, DSO, CAC:LTV.
- Define and own sector-specific KPIs and dashboards — Solar: Project IRR, DSCR, COD adherence, EPC margins, module price indices, PPA performance, DISCOM/C&I receivables.
- Define and own sector-specific KPIs and dashboards — Aviation: CASK/RASK, yield, load factor, OTP, fuel per ASK, lease/maintenance reserves, UDAN route profitability.
- Present Board packs with insight-led actions; lead performance reviews and course corrections.
Financing, Treasury & Investor Relations
- Structure project finance for solar assets (non-recourse/limited recourse, securitization of PPAs, green/sustainability-linked instruments).
- Negotiate aircraft leasing/financing (dry/wet, SLB, PDP financing, maintenance reserves); manage lessor relations.
- Oversee working capital, banking, hedging (FX/fuel), and covenant compliance.
- Lead Investor Relations with lenders, rating agencies, and prospective equity investors; craft the equity story.
Governance, Compliance & Risk
- Ensure compliance with Companies Act, Ind AS/IFRS, GST, Direct Tax, MCA filings, FEMA/RBI for cross-border transactions, and CSR governance.
- Aviation: align with DGCA/AAI/BCAS financial requirements; maintain safety-related provisioning and UDAN financial obligations.
- Build internal control frameworks, risk registers, fraud prevention, whistleblower mechanisms; oversee statutory, internal & tax audits.
Commercial & Business Partnering
- IT: Deal economics, pricing discipline, revenue recognition (T&M, fixed price, SaaS), cost-to-serve optimization, MSAs/SOWs.
- Solar: Bid finance, EPC risk management, PPA negotiation, supply chain hedging (modules/inverters), warranty/claims oversight.
- Aviation: Route/fleet economics, fuel and maintenance cost planning, airport/ground costs, ancillaries; support network planning.
- Standardize deal review, delegation of authority, and contract governance.
Systems, Data & Process Excellence
- Implement/upgrade ERP (SAP/Oracle/MS Dynamics), shared services, close-to-report automation, BI analytics.
- Harmonize chart of accounts, master data, and policies across entities; strengthen P2P, O2C, R2R cycles.
- Elevate reporting quality, reduce month-end close times, and drive automation.
Leadership & Culture
- Build a high-performing finance organization (Corporate, BU Finance, Treasury, Tax, Audit, Shared Services).
- Foster ethical, performance-led, people-first culture aligned with Megamax values.
- Contribute to Board Audit/Risk/CSR committees; act as trusted advisor to CMD.
Qualifications
- CA (India) mandatory; MBA/CPA/CFA is an advantage.
- 15–20+ years overall experience; 7-10+ years in CFO/Group Finance leadership roles.
Domain Experience
- Exposure across two or more of: IT services/SaaS, Renewables/Solar (EPC/IPP/project finance), Aviation (airline/MRO/leasing).
- Strong track record in fundraising, treasury, project finance, lease financing, and investor relations.
- Comfort with multi-entity structures, cross-border flows, and risk/compliance leadership.
Behavioural Competencies
- Strategic, analytical, and commercially astute; controls-first with pragmatic execution.
- Executive presence; crisp communication with Board/CMD and external stakeholders.
- Talent builder; hands-on when needed; thrives in entrepreneurial, fast-paced settings.
KPIs & Success Metrics
- Consolidated revenue growth, EBITDA expansion, and ROCE improvement.
- Cash conversion (DSO/DPO/DIO), free cash flow, cost of capital reduction.
- Solar project IRR/DSCR adherence; aviation route profitability & CASK/RASK; IT ARR growth & churn reduction.
- Clean audit outcomes, timely compliance; zero material weaknesses.
- ERP/BI adoption; shortened close cycle; automation and process maturity.
- Team engagement, leadership depth, and succession readiness.
Travel & Mobility
- Regular domestic travel to sites, airports, client locations, lenders, and BU offices.
- Occasional international travel (OEMs/lessors, investors, procurement).
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