Chief Financial Officer

Job Description

Chief Financial Officer (CFO) – Prime Steel
Position Overview

Prime Steel is embarking on a large-scale integrated steel manufacturing project. We are seeking an experienced and strategic Chief Financial Officer (CFO) to lead the financial strategy, manage capital efficiency, and ensure long-term financial sustainability of the business. The CFO will play a critical role in structuring project finance, managing banking and investor relationships, driving cost efficiency, and ensuring strong governance in a highly competitive steel industry environment.

Key ResponsibilitiesStrategic & Financial Leadership

• Drive financial strategy to support Prime Steel’s growth, ensuring alignment with corporate objectives and market expansion.
• Partner with the Managing Director and Board in long-term strategic planning, project execution, and capital allocation.
• Lead financing strategies, including project loans, working capital lines, equity raising, and potential IPO preparation.
• Provide financial modeling and feasibility analyses for new capacity expansions, downstream products, and export strategies.

Capital & Treasury Management

• Manage multi-banking consortiums, syndicate loans, and debt restructuring, ensuring optimal capital structure.
• Oversee treasury, working capital, and liquidity management, with focus on power-intensive steel operations.
• Build strong relationships with banks, financial institutions, private equity, and venture investors.

Financial Control & Compliance

• Ensure timely preparation of financial statements, MIS reports, and management dashboards.
• Implement robust internal controls, SAP/ERP financial automation, and best-in-class reporting standards.
• Ensure compliance with Nepalese accounting standards, IFRS, tax laws, customs, excise, and regulatory frameworks.
• Drive governance, risk management, and cost optimization across procurement, operations, and project execution.

Operational & Commercial Finance

• Partner with procurement, sales, and operations to manage raw material pricing, hedging, and forex exposure.
• Provide commercial insights into steel price fluctuations, import/export duties, and margin management.
• Monitor key production KPIs – capacity utilization, conversion costs, energy costs, and yield.
• Develop and monitor cost control initiatives, especially in power, raw material, and logistics.

Leadership & Team Building

• Build and mentor a strong finance and accounts team capable of managing multi-location, high-volume transactions.
• Drive a performance-driven culture with clear KPIs, accountability, and reporting standards.
• Act as a trusted advisor to the Board and senior leadership team.

Qualifications & Experience

• CA/CPA/CFA/MBA (Finance) or equivalent advanced degree.
• 15+ years of experience in finance leadership, ideally in steel, heavy manufacturing, cement, or infrastructure industries.
• Proven track record in managing large project finance, consortium banking, and fundraising.
• Experience in IPO preparation and investor relations preferred.
• Strong expertise in ERP (preferably SAP Business One / S4HANA) and financial automation.
• Excellent leadership, negotiation, and communication skills with high integrity and resilience.