Chief Financial Officer

3 weeks ago


Mumbai, Maharashtra, India iimjobs Full time

Position Overview:

The Chief Financial Officer (CFO) is a key executive responsible for overseeing the financial strategy, planning, and management of the company.

This role requires a seasoned financial professional with a deep understanding of the BFSI industry, regulatory environment, and the Indian financial landscape.

The CFO will play a crucial role in driving financial growth, ensuring regulatory compliance, and optimizing financial performance.

Key Responsibilities:

Financial Strategy and Planning:

  • Develop and execute the financial strategy aligned with the overall business objectives.
  • Lead the annual budgeting and forecasting processes.
  • Assess financial risks and opportunities, providing strategic recommendations to the CEO and board.

Financial Reporting and Analysis:

  • Oversee the preparation of accurate and timely financial statements, ensuring compliance with accounting standards and regulatory requirements.
  • Conduct indepth financial analysis to support decisionmaking processes.
  • Present financial reports to the executive team and board of directors.

Treasury and Cash Management:

  • Manage liquidity, cash flow, and investment strategies to optimize financial performance.
  • Establish and maintain relationships with financial institutions.
  • Implement effective treasury and cash management policies and procedures.

Regulatory Compliance:

  • Stay abreast of changes in regulatory requirements and ensure the organization's compliance with relevant financial regulations in the BFSI industry.
  • Collaborate with legal and compliance teams to mitigate regulatory risks.

Financial Controls:

  • Implement and monitor internal financial controls to safeguard company assets.
  • Identify and mitigate financial risks
  • Ensure compliance with internal policies and procedures.

Strategic Financial Decision Support:

  • Provide financial insights and analysis to support strategic decisionmaking.
  • Evaluate potential business opportunities and assess their financial viability.
  • Collaborate with other executives to align financial goals with overall business strategy.

Company Secretarial Function:

  • Supervise the Company Secretary function, ensuring compliance with statutory and regulatory obligations.
  • Oversee the maintenance of statutory records, board meeting processes, and corporate governance practices.
  • Act as a liaison between the executive team and the board of directors, facilitating effective communication.

Team Leadership:

  • Build and lead a highperforming finance team.
  • Foster a culture of accountability, continuous improvement, and professional development.
  • Provide mentorship and guidance to finance team members.

Qualifications:

  • Chartered Accountant (CA) or MBA in Finance from a reputable institution.
  • Proven experience as a CFO or in a senior financial leadership role within the financial services industry.
  • Indepth knowledge of Indian financial regulations and BFSI industry practices preferred
  • Strong analytical and strategic thinking skills.
  • Excellent communication and interpersonal skills.
  • Ability to thrive in a fastpaced and dynamic environment.

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