CFO - Bangalore M/F Company : Safran Electronics & Defense Services Job field : Finance and management Location : New Delhi , India Contract type : Permanent Contract duration : Full-time Required degree : Master Degree Required experience : More than 8 years Professional status : Professional, Engineer & Manager Spoken language(s) : English Bilingual Hindi Intermediate \# 2025-151495 Apply with one click Any questions ? **Job Description** Within a new organization, you will be in charge of managing Finance for SED India. You will report in direct line to the local CEO and in dotted line to the global SED Finance department (in either France or UK). Acting as a Business Partner, you will represent Finance within a cross-functional team dealing with industrial activities. The position is open for international as well as national candidates. On a short term, the entity will host a new engineering activity and on a midterm, the entity will host OE production and MRO activities. OE production will arise from industrial transfers. There is an ERP project to structure the new organization. Structuration - Lead the Finance stream within new ERP project. - Put in place the financial organization and tools to structure consistently the new organization according to its different activities. - Define relevant KPI to monitor performance according to its different activities. - Monitor project budgets (new organization, ERP, industrial transfer) Finance Controlling - Manage the current financial performance of a portfolio of projects; you will work closely with Project Manager(s). You will put in place a system to manage financial performance of a portfolio of contracts, monitor financial trajectory compared to Budget target and propose mitigation actions in case of discrepancy. - Monitor the labor rate and earned value for engineering activities. - Monitor production cost for OE production and assess discrepancies vs standard. - Monitor overheads and propose mitigation actions in case of discrepancy to the budget. - Perform, with the help of cross-functional team, the financial forecast (Rolling Forecast, Budget, Actualization & Mid-Term Plan). - Contribute to the elaboration of new commercial offers and/or new business model by assessing all profitability and cash-flow impacts. - Report to the Group a monthly financial package. Accounting & Treasury - Monitor cash level and Working Capital Requirement. - Ensure the monthly closing and prepare the annual financial statements. - Assess the accounting methodology to be used contract per project. - Be the focal point for Finance Shared Services (Treasury, Accounting & Tax), Finance Auditor, Banks, and/or any third party related to Finance. - Prepare the financial fillings to authorities (with the help of Shared Service). - Report to the Group a monthly financial package. Compliance - Issue compliance reporting requested by authorities. - Manage internal control campaign - Manage export control activities. - Manage export and import compliance. - Ensure tax compliance. Management - You will manage a team of local finance managers to steer financial performance of Engineering and Performance and accountants to perform general accounting (receivables, payables, fixed assets,…) **Job Requirements** Education: • Master degree in Finance Experience: • You have at least 15 years of experience in Finance in a management role. • An experience in India would be a plus. • You are familiar with industrial business and ideally you have already been part of a new business set-up (structuration of a finance organization, new ERP set-up) • You are familiar with Indian regulation regarding Compliance (export control, trade compliance, internal control,…) and Finance Technical Skills: • You are familiar with Indian Gaap and IFRS • You are used to usual office software (MO365) and trained on SAP Business One. Behavioral Skills: • As Finance Business Partner, you are comfortable to share your opinions and ideas while benevolent to other people suggestions. • You will evolve in a strong multi-cultural environment. English is mandatory as daily working language. **But what else? (advantages, specific features, etc.)** Main office based in Bangalore downtown (co-located with design office) and Factory based in Bangalore suburb – possibility to locate main office in factory if preferred. A training period to get familiar with Safran India process could occur when taking up the position. **Company Information** Safran is an international high-technology group, operating in the aviation (propulsion, equipment and interiors), defense and space markets. Its core purpose is to contribute to a safer, more sustainable world, where air transport is more environmentally friendly, comfortable and accessible. Safran has a global presence, with 100,000 employees and sales of 27.3 billion euros in 2024, and holds, alone or in partnership, world or regional leadership positions in its core markets. Safran is in the 2nd place in the aerospace and defense industry in TIME magazine's "World's best companies 2024" ranking. Safran Electronics & Defense offers its customers onboard intelligence solutions allowing them to understand the environment, reduce mental load and guarantee a trajectory, even in critical situations, in all environments: on land, at sea, in the sky or space. The company harnesses the expertise of its 13,000 employees towards these three functions: observe, decide and guide, for the civil and military markets. **Locate your future workplace** NH-8, Aerocity110-037 New Delhi India 100,000 employees worldwide 27 Number of countries where Safran is located 35 business area families + Maps are available under theOpen Database Licence (https://opendatacommons.org/licenses/odbl/) . + © OpenStreetMap (https://www.openstreetmap.org/copyright) contributors. + © Safran Safran is an Equal Opportunity Employer All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.