Chief Financial Officer

1 month ago

Vadodara, India Yantraman Full time

Job Title: Chief Financial Officer (CFO)


Location: Vadodara, Gujarat


Company Overview:

Yantraman is the authorized dealer for various industrial equipment and lubricants. Established in 1987, Yantraman has expanded to 12 offices and 5 workshops across Gujarat and employs over 300 dedicated staff. The company has over 8000 satisfied customers and strives to be the best in the industry by delivering excellence in infrastructure, processes, and human resources.


Position Overview:

We are seeking a highly skilled and experienced Chief Financial Officer (CFO) to join our team and lead our finance department. The CFO will play a crucial role in streamlining processes, digitizing systems, and providing actionable insights to drive profitability and support data-backed decision-making. The ideal candidate will be a chartered accountant with a proven track record of success in a similar role, preferably within the industry.


Key Responsibilities:


1. Financial Strategy and Planning:

  • Develop and implement financial strategies to support the company's overall objectives and growth plans.
  • Conduct financial analysis, forecasting, and budgeting to identify opportunities for improvement and risk mitigation.
  • Provide strategic recommendations to the management team based on financial analysis and market trends.


2. Process Optimization:

  • Streamline finance and accounting processes to improve efficiency and accuracy.
  • Identify opportunities for automation and digitisation to enhance productivity and reduce manual workload.
  • Implement best practices and standards for financial reporting and compliance.


3. Financial Reporting and Analysis:

  • Oversee the preparation of timely and accurate financial reports, including income statements, balance sheets, and cash flow statements.
  • Develop detailed financial models and dashboards to track key performance indicators (KPIs) and provide actionable insights.
  • Analyse financial data to identify trends, variances, and areas for improvement.


4. Profitability Enhancement:

  • Identify opportunities to optimize revenue, reduce costs, and improve margins across all aspects of the business.
  • Work closely with sales, marketing, and operations teams to develop pricing strategies and product offerings that maximize profitability.
  • Monitor and assess the financial impact of business initiatives and investments.


5. Risk Management and Compliance:

  • Ensure compliance with all regulatory requirements and accounting standards.
  • Implement effective risk management practices to safeguard the company's assets and financial interests.
  • Develop and maintain internal controls to mitigate financial risks and prevent fraud.


6. Leadership and Collaboration:

  • Lead and mentor a team of finance professionals, providing guidance, support, and professional development opportunities.
  • Collaborate cross-functionally with other departments to drive alignment and achieve common goals.
  • Serve as a trusted advisor to the executive team, providing insights and recommendations to support decision-making.


Qualifications and Experience:


  • Bachelor's degree in Accounting, Finance, or related field; CPA or Chartered Accountant (CA) designation required.
  • Minimum of 8 years of experience in a senior finance role, preferably in the automotive industry or a similar high-volume transaction environment.
  • Proven track record of driving process improvements, profitability enhancements, and strategic financial planning.
  • Strong analytical skills with the ability to translate complex financial data into actionable insights.
  • Excellent leadership and communication skills, with the ability to influence and collaborate at all levels of the organization.
  • Proficiency in financial software and ERP systems; experience with SAP, Tally, or similar platforms preferred.


Benefits:

- Competitive salary commensurate with experience.

- Comprehensive benefits package.

- Opportunity to make a significant impact and drive positive change within a fast-paced and dynamic organization.

- Professional development and growth opportunities.

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