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Chief Financial Officer

3 months ago

west bengal, India 2COMS Consulting Pvt. Ltd. Full time
1. Investor and Stakeholder Relations:
Represent the company to prospective and existing investors.
Communicate the company's financial performance, strategies, and goals effectively.
Coordinate with stakeholders such as shareholders, board members, and regulatory bodies.
2. Regulatory Compliance and Coordination:
Liaise with regulatory bodies relevant to the industry, such as labor departments and industry-specific regulatory agencies.
Ensure compliance with labor laws, taxation regulations, and other relevant statutes.
Coordinate with industry associations and trade unions as necessary.
3. Financial Management:
Oversee the internal accounting and finance team.
Establish and maintain robust accounting processes and ensure adherence to them.
Develop and implement financial strategies to optimize profitability and operational efficiency.
4. Audit Management:
Plan and execute internal audits to ensure accuracy, compliance, and operational effectiveness.
Coordinate with external audit firms for annual audits and regulatory compliance.
5. Knowledge of Manpower Outsourcing Industry:
Stay informed about industry trends, market dynamics, and regulatory changes affecting the staffing and manpower outsourcing sector.
Utilize this knowledge to inform financial strategies, business decisions, and risk management practices.
6. Financial Relationship Management:
Manage relationships with banks, financial institutions, and other funding sources.
Negotiate favorable terms for financing arrangements and explore avenues to reduce financial costs.
Optimize working capital management to minimize interest outflow and improve liquidity.
7. Risk Management:
Develop and implement risk management policies and procedures to identify, assess, and mitigate financial risks.
Monitor and manage credit risk associated with clients and vendors.
Establish and maintain a debtors/credit policy to optimize cash flow and minimize bad debt exposure.
8. Debtors/Credit Policy and Cash Flow Management:
Establish and maintain a debtors/credit policy to optimize cash flow and minimize bad debt exposure.
Monitor and manage accounts receivable to ensure timely collection and minimize days receivable.
Requirements
As a CFO in this context, the primary focus would be on financial management, regulatory compliance, risk mitigation, and stakeholder relations specific to the staffing and manpower outsourcing industry
Apply: