Chief Financial Officer for a Large Industrial and Construction Holding
A large industrial and construction holding is looking for a Chief Financial Officer.
Sphere: Industrial general contracting, infrastructure construction, management of complex projects (including those with elements of state defense orders).
Responsibilities:
Financial Management and Strategy:
- Ensuring the financial stability of the holding (more than 10 legal entities) under long production cycles (12–36 months) and advance payments under 44-FZ / 223-FZ.
- Development and control of the consolidated budget execution, plan-fact analysis, cash flow management.
- Improving the transparency of construction costs (materials, subcontractors, payroll, logistics) — implementing management accounting and deviation control methods.
Controlling and Reporting:
- Setting up a regular management accounting system, integration with the parent company according to IFRS / RAS standards.
- Monitoring compliance with requirements when working with state defense orders (separate accounts, special regulations) — mandatory requirement.
- Ensuring successful inspections by regulatory authorities (Audit Chamber, OFC, Federal Tax Service).
Financing and Treasury:
- Organizing bank financing (credit lines, bank guarantees, letters of credit) to ensure project liquidity.
- Managing accounts receivable from state customers, minimizing cash gaps.
- Optimizing the tax burden (including VAT on construction) and currency risks (when purchasing imported equipment).
Automation and Team:
- Implementation and development of ERP systems (1C:ERP / SAP) to integrate budget, accounting, and management accounting.
- Formation and motivation of the CFO's team (planning and economic department, treasury, accounting, internal audit).
- Building a KPI system for the financial block and its connection with project KPIs.
Requirements:
- Experience as a Chief Financial Officer or Deputy CFO in companies with revenue from 15 billion rubles/year.
- Industry experience: construction (industrial, infrastructure, oil and gas contracting organizations) or related industries with project financing.
- Knowledge of 44-FZ, 223-FZ, practical experience with bank guarantees and treasury support of contracts.
- Experience in managing costs and budgeting for long-cycle projects.
- Proficient in 1C:ERP or 1C:UPP, experience in implementing management accounting from scratch or reorganizing the finance department.
- Financial modeling and investment project analysis skills (NPV, IRR, covenants).
- Experience working in holdings with a distributed structure (regional construction sites).
- Understanding of construction pricing (TER, FER, resource-based method).
- Knowledge of state defense order requirements (separate accounts, 275-FZ).
- Experience in attracting large bank financing (from 1.5 billion rubles).
- Participation in M&A deals for the acquisition of production or contracting assets.
- English language proficiency — Upper-Intermediate or higher (relevant for purchasing imported equipment).
Conditions:
- Income level: fixed part from 800,000 rubles net + annual bonus based on KPI achievement (to be discussed with the successful candidate).
- Full social package, voluntary medical insurance, corporate mobile communication, transportation (if necessary).
- Office in Moscow: Aminyevskoye Highway.
- Employment according to the Labor Code of the Russian Federation, official salary.
- Opportunity to genuinely influence the financial result and process automation in a large state corporation.
Attention! Vacancy from a recruitment agency!
Apply with your resume. In the subject line, please indicate: "Application for CFO vacancy".
