Director Finance at Goa Shipyard Limited (GSL) – A Prestigious Career Opportunity
Goa Shipyard Limited (GSL), a renowned Schedule B Central Public Sector Enterprise (CPSE), invites applications for the prestigious position of Director Finance. This is a full-time, high-responsibility role within the manufacturing sector, specifically in shipbuilding and ship repair, where the candidate will take on significant financial responsibilities for the organization. The opportunity offers a competitive and rewarding career in a leading Indian public sector enterprise.
This position presents a remarkable opportunity to work at a highly regarded CPSE, contributing to the financial leadership of an essential entity in India’s defense and maritime sectors. If you are a qualified finance professional with a background in manufacturing, particularly in shipbuilding or related fields, this could be the right opportunity for you.
Goa Shipyard Limited (GSL)
Goa Shipyard Limited, established in 1957, is one of India’s most prominent public sector shipyards located in Vasco da Gama, Goa. The company specializes in the construction and repair of ships for the Indian Navy, Coast Guard, and commercial sectors. As a major player in the Indian maritime and defense sector, GSL is responsible for providing advanced shipbuilding solutions, including building warships, submarines, and other naval platforms.
GSL is recognized as a Schedule B CPSE, signifying its importance in the country’s industrial and defense ecosystem. The company is a vital contributor to India’s naval defense and has garnered a reputation for excellence and innovation.
Director Finance Role Overview
As the Director Finance at Goa Shipyard Limited, the incumbent will be a key member of the executive management team, responsible for overseeing the financial operations of the organization. This includes strategic financial planning, budgeting, accounting, and reporting, ensuring the financial health and sustainability of the organization. The Director will also work closely with senior leadership to make informed decisions regarding business expansion, cost management, and investment strategies.
Key Responsibilities of Director Finance
Strategic Financial Management:
Lead the financial strategy of Goa Shipyard Limited, ensuring alignment with the company’s goals and vision.
Oversee financial planning, analysis, and forecasting to support decision-making at the senior executive level.
Provide strategic insights into the company’s financial position, including profitability, liquidity, and solvency.
Financial Operations:
Supervise all financial operations including budgeting, accounting, and audits.
Ensure that financial reports and statements are accurate and comply with regulatory standards.
Manage the preparation of financial reports for internal stakeholders, government agencies, and other relevant entities.
Cost Management:
Develop and implement cost control systems to ensure efficiency and profitability.
Identify areas for cost savings and process improvements within the company’s financial operations.
Risk Management:
Assess and manage financial risks, including market fluctuations, regulatory changes, and internal financial challenges.
Ensure the company has appropriate measures in place for financial compliance and auditing.
Investor Relations:
Communicate financial performance and strategy to investors, stakeholders, and regulatory authorities.
Participate in strategic meetings and presentations with the government, board of directors, and external stakeholders.
Policy and Compliance:
Ensure compliance with statutory requirements, including taxation and other legal obligations.
Oversee corporate governance and financial integrity standards.
Required Qualifications for Director Finance Position
Minimum Qualification: A Graduate degree is required for this position. While the preferred educational background is a specialization in finance, economics, or accounting, a graduate degree in any discipline can also be considered if complemented by significant experience in financial management within the manufacturing or defense sector.
Experience: The ideal candidate should have a robust background in finance, particularly within a manufacturing, defense, or shipbuilding environment. Prior experience in a senior financial role, especially within a public sector enterprise, is highly preferred.
Skills and Expertise:
Proven expertise in financial management, analysis, and reporting.
In-depth knowledge of corporate finance, accounting principles, and financial regulations.
Strong leadership and communication skills.
Ability to work collaboratively with senior leadership, government bodies, and other stakeholders.
Additional Preferences:
Experience working in a public sector environment is highly desirable.
Ex-Servicemen are encouraged to apply.
Key Skills Required for the Role
Financial Planning and Analysis
Corporate Finance and Budgeting
Financial Reporting and Accounting
Strategic Leadership and Decision Making
Risk Management
Regulatory Compliance
Shipbuilding Industry Knowledge
Public Sector Experience
Government Liaison and Investor Relations
Employment Details and Application Information
Position: Director Finance
Number of Openings: 1
Job Location: All India (Work will be based out of the Goa Shipyard Limited headquarters)
Sector: Manufacturing (Shipbuilding and Ship Repair)
Organization Type: Central Public Sector Enterprise (CPSE)
Nature of Job: Full-Time
Gender Preferences: Open to all genders
Ex-Servicemen: Preferred
Last Date to Apply: 11th April 2025
Application Process: Interested candidates are requested to apply via the Public Enterprises Selection Board (PESB) website. For detailed information, eligibility criteria, and application forms, applicants are advised to visit the PESB website.
Note: Candidates should refer to the official PESB notification for detailed information about the selection process, eligibility criteria, and application guidelines.
Why Apply for Director Finance at Goa Shipyard Limited?
Joining Goa Shipyard Limited as the Director Finance offers an exceptional opportunity to be part of a dynamic, forward-thinking public sector organization. Here are a few reasons why this role could be the perfect career step:
Prestigious Organization: Goa Shipyard Limited is one of India’s leading shipyards, recognized for its contribution to the nation’s defense and maritime sectors. The position offers an opportunity to be part of this prestigious institution.
Strategic Leadership: As a senior executive, the Director Finance will be directly involved in key strategic decisions, influencing the direction of the company. The role offers a challenging yet rewarding leadership position.
Impactful Work: The Director will play a pivotal role in ensuring the financial stability and growth of the company, impacting the national defense infrastructure and maritime capabilities.
Competitive Salary and Benefits: While the salary for the position has not been specified, working at a public sector enterprise like GSL typically comes with attractive pay and benefits, including allowances, pension schemes, and other government benefits.
Career Growth: Being a senior leadership position in a Schedule B CPSE, the Director Finance role offers substantial career growth opportunities within the government sector and public enterprise management.
Conclusion
The position of Director Finance at Goa Shipyard Limited represents a high-level leadership role with significant responsibility. It offers a unique opportunity to manage the financial strategies of a major Indian shipyard, contributing to national defense and maritime development.
For those with a strong financial background, particularly in the manufacturing or defense sectors, this role offers an exciting career path. The leadership experience gained from this position can serve as a stepping stone for future senior roles in government and industry.
If you meet the qualifications and are looking for an impactful and rewarding career, we encourage you to apply before the deadline, 11th April 2025, through the PESB website.