Director of Financial Operations
6 days ago
Job Overview
We are seeking a highly experienced and skilled Director of Financial Operations to join our team at Quagmire IT Services LLP.
About the Role
The successful candidate will be responsible for driving financial strategy, optimizing performance, managing risk, and ensuring compliance with statutory requirements. This includes leading financial planning, budgeting, forecasting, and cost management processes to achieve profitability and cost-efficiency targets.
Key Responsibilities
- Financial Strategy & Planning
- Develop and execute financial strategies aligned with company goals and objectives.
- Lead financial planning, budgeting, and forecasting processes to achieve profitability and cost-efficiency targets.
- Provide strategic advice to senior management on financial matters, including market risks and growth opportunities.
- Cash Flow & Working Capital Management
- Manage cash flow to ensure liquidity and optimal working capital levels.
- Lead negotiations with banks for loans and other financial arrangements.
- Oversee debt servicing, credit control, and treasury functions to optimize financial resources.
- Risk Management & Controls
- Identify financial and operational risks, implementing mitigation measures as needed.
- Establish a risk management framework to safeguard company assets and prevent financial fraud.
- Regularly review financial policies, controls, and procedures for continuous improvement.
- Leadership & Team Development
- Lead, mentor, and develop the Accounts team to achieve high performance.
- Foster a culture of accountability, collaboration, and continuous learning within the team.
- Collaborate with heads of other departments to align financial goals with overall business objectives.
Requirements
- 20 plus years of relevant experience in a manufacturing or construction equipment industry, with at least 5 years in a senior financial leadership role.
- Proficient in financial software and ERP systems.
- Chartered Accountant (CA) or MBA in Finance from a reputed institution.
Benefits
Quagmire IT Services LLP offers a competitive salary of ₹25,00,000 per annum, along with additional benefits such as health insurance, retirement plan, and opportunities for professional growth.
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