Chief Finance Officer

4 weeks ago


Gurgaon, Haryana, India iimjobs Full time

ROLES & RESPONSIBILITIES:

Strategy, Planning and Management:

  • Develop short & long term financial strategy in support of company's strategic vision & goal
  • Design & Implement business planning strategies and undertake management of finances for the organization
  • Act as a strategic business partner and contribute effectively to evaluate long term business opportunities to maximize company profitability
  • Responsible for directing the organizational overall financial policies.
  • Incumbent will be responsible for raising funds, recommend investment strategy & implement policies as approved
  • Oversee all financial function including Accounting, Budget, Costing, MIS, Insurance, Tax & Treasury
  • Communicate, engage and interact with Board of Directors, CEO, COO and Executive Leadership Team.
  • Maintain outstanding banking relationships and strategic alliances with Investors, and business partners
  • Oversee and recommend Group synergy for policies, procedures and processes as deemed appropriate by senior leadership team.
  • Evaluate & Manage IPO, Merger, Demerger & Acquisitions
  • Effective implementation of risk management policies and corporate governance. Provide policy guidance and recommendations on key financial issues.
  • Analyze and review business performance indices, evaluate performance variations and guide creation of alternative approaches towards achieving business results
  • Establish Metrics and ratios to track & monitor business performance.
Financial Analysis, Budgeting and Forecasting

  • Prepare and present monthly financial budgeting reports including monthly profit and loss by division, forecast vs. budget by division and weekly cash flow by division.
  • Develop and maintain monthly operating budget and annual company operating budget for each entity of Group
  • Oversee the preparation and communication of weekly, monthly and annual financial statements
Accounting, and Operations

  • Supervise the accounting department to ensure the proper functioning of all systems, databases and financial software. Provide regular maintenance and backup of all accounting systems and supervise company financial staff.
  • Ensure timeliness and accuracy of financial and management reporting data for federal funders, foundations, investors and company's board of directors.
  • Serve as a key point of contact for external auditors; Manage preparation and support of all external audits.
  • Manage cash flow planning process and ensure funds availability.
  • Oversee cash, investments and asset management area.
Taxation & Audits

  • Minimize tax and import duties paid within tax laws/ requirements, including income tax planning and calculation, statements and reports as well as handling of other taxes (e.g. GST, VAT, withholding tax, TDS,) and duties.
  • Oversee the preparation and timely filing of all local, state and tax returns.
  • Manage Internal & External audits for Business Units
Regulatory & Compliance

  • Assure legal and regulatory documents are filed and monitor compliance with laws and regulations
  • Ensuring compliance with applicable domestic law and regulations. in particular, account activity
  • Ensuring compliance with internal policies, including compliance with ethics policy and implementation of whistleblowing procedures
  • Responding to regulatory findings, deficiencies and violations, in conjunction with the chief of internal audit.

Desired candidate profile:

  • Should be a CA with 810 years minimum experience as a Group CFO in a large manufacturing setup and has handled multiple business/ JVs/ Subsidiaries in India in a family owned organization (International Business / Treasury/ Personal (Family) Accounts is out of the purview of this Position)
  • Ability to lead teams and add values across business constructively
  • Outstanding knowledge and understanding of GAAP, IFRS, SOX compliance and SEC reporting.
  • Excellent analytical, reasoning and problemsolving skills
  • Significant experience working with external auditors, internal controls and compliancerelated issues.


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