FULL-TIME · ONSITE · NANAKRAMGUDA, HYDERABAD · 5 DAYS A WEEK
7-10 years of finance experience · Manufacturing finance and business growth
About Company
At Refroid Technologies, we are pioneering next-generation liquid cooling solutions that redefine how data infrastructure operates. From hyperscale data centers to high-performance edge environments, our modular and efficient systems are engineered to reduce energy consumption, maximize performance, and contribute to a greener planet. Refroid Technologies is at a growing stage and current plant is in Nanakramguda however we are looking for a larger production plant in an around of Hyderabad. We already have order in hand to deliver for this financial year in the tune of INR 120 CR.
Position Overview
We are seeking an experienced Financial Controller to oversee the company’s financial operations, accounting, compliance, budgeting, cost control, and financial planning. The ideal candidate should have strong manufacturing finance expertise, preferably from HVAC, refrigeration, engineering, capital equipment, or industrial manufacturing industries, with experience supporting business growth and operational excellence.
Key Responsibilities
Financial Management
Lead the overall Finance & Accounts function.
Prepare monthly, quarterly, and annual financial statements.
Ensure timely month-end and year-end closing.
Maintain accurate books of accounts in accordance with Indian Accounting Standards.
Develop financial policies, internal controls, and governance frameworks.
Budgeting & Financial Planning
Prepare Annual Operating Plan (AOP), budgets, and rolling forecasts.
Monitor budget utilization and variance analysis.
Support strategic financial planning and investment decisions.
Build financial models for new products, manufacturing expansion, and capital investments.
Cost Accounting & Manufacturing Finance
Drive product costing and profitability analysis.
Monitor BOM costing, manufacturing overheads, labor costs, and production variances.
Improve inventory valuation and inventory controls.
Analyze material cost, conversion cost, and plant operating expenses.
Work closely with Operations to improve plant profitability.
MIS & Business Reporting
Prepare weekly and monthly MIS reports for leadership.
Develop dashboards for revenue, profitability, cash flow, working capital, inventory, and production costs.
Present financial insights and recommendations to senior management.
Cash Flow & Working Capital
Manage cash flow forecasting.
Optimize working capital.
Monitor receivables, payables, and inventory levels.
Improve cash conversion cycle.
Compliance & Audit
Ensure statutory compliance including GST, TDS, Income Tax, Companies Act, and ROC filings.
Coordinate with statutory, internal, and tax auditors.
Ensure compliance with accounting policies and financial regulations.
Internal Controls & Risk Management
Develop and strengthen financial controls.
Conduct financial risk assessments.
Ensure SOP adherence across finance processes.
Drive fraud prevention and governance initiatives.
Banking & Treasury
Manage banking relationships.
Handle fund raising, working capital limits, and banking documentation.
Coordinate with financial institutions for loans, guarantees, and credit facilities.
ERP & Digital Finance
Lead ERP implementation and finance process automation.
Improve reporting through dashboards and digital tools.
Drive continuous improvement initiatives within finance operations.
Required Qualifications
CA (Chartered Accountant) preferred.
CMA (ICWA) or MBA Finance may also be considered with strong manufacturing experience.
Bachelor’s degree in Commerce, Finance, Accounting, or related discipline.
Experience
7-10 years of progressive finance experience.
Minimum 5 years in a Financial Controller or Senior Finance Manager role.
Experience in manufacturing organizations is mandatory.
Experience in HVAC, Refrigeration, Industrial Equipment, Capital Goods, Engineering Products, or Automotive manufacturing is highly preferred.
Experience in a high-growth manufacturing environment or plant setup/scale-up is an added advantage.
Key Performance Indicators (KPIs)
Month-end financial closure within agreed timelines
Budget adherence and variance control
Gross margin and EBITDA improvement
Manufacturing cost reduction
Inventory optimization
Working capital improvement
Cash flow accuracy
Statutory compliance with zero non-conformities
Audit observations closure
MIS reporting accuracy and timeliness
ERP process improvements
Cost-saving initiatives delivered