Chief Financial Officer

3 weeks ago


Mumbai, Maharashtra, India iimjobs Full time
Organisation - Mid sized IT company offering payments solutions to banks and financial institutions in India and abroad. Employee strength of 1200+, annual revenue of crores, bottom-line positive

Role:
Chief Financial Officer

Reporting To:
Promoters

Location:
Mumbai

The organisation is growing, and needs a leader who can guide the financial systems that empower the organisation.

We're searching for an experienced chief financial officer to join their team of high-performing professionals and keep their finances positioned for continued success.

The CFO will have a day-to-day, ongoing impact on company operations, helping them to analyze, strategize, and grow their financial position.

This seasoned strategist not only will understand current accounting practices and trends, but also will have experience raising capital and adapting to change.

As a member of senior management, the CFO will be comfortable in a leadership role that requires clear and effective communication skills.

Objectives of this role

  • Take responsibility (either directly or via staff) for all cash management, investments, insurance, budgeting, and financial reporting, and help drive the company's financial strategy and hiring needs.
  • Coordinate development of annual operating, capital, and program budgets, as well as reporting for the same
  • Ensure cash flow is compatible with operations by overseeing daytoday accounting, recording, reporting, and internalcontrol activities of the organization
  • Develop and implement best practices and tools to ensure a wellcontrolled yet flexible organization that has strong fiscal management, project coordination, crossteam communications, and workflows
  • Comply with regulatory requirements by studying existing and new legislation and taking appropriate action.
Responsibilities

  • Work with promoters to efficiently develop budget proposals, provide access to project finance information, and ensure contract/grant compliance and reporting
  • Research revenue opportunities and economic trends, analyze internal operations, and identify areas for cost reduction and process enhancement
  • Perform risk management through analysis of company liabilities and investments, and evaluate and manage capital structure and fundraising initiatives
  • Oversee HR operations by coordinating with external service providers (ex: payroll, benefits, recruitment) and internal staff responsible for other aspects of HR
  • Monitor business performance with tracking tools, establish corrective measures as needed, and prepare detailed reports for earnings calls, management team, and rest of company
  • Manage finance personnel and oversee financial IT systems, ensuring compliance with relevant regulatory entities (ex: Financial Accounting Standards Board, Internal Revenue Service, state attorneys general)
Required skills and qualifications

  • CA qualification is mandatory
  • 18+ years of experience in executive leadership roles managing account and finances
  • Excellent leadership skills, with steadfast resolve and personal integrity
  • Exceptional verbal, written, and visual communication skills
  • Understanding of advanced accounting, regulatory issues, and tax planning
  • Working knowledge of how to raise capital within and outside traditional lines of credit

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