Strategic Finance Director

3 hours ago

Anantapur, Andhra Pradesh, India beBeeFinancial Full time ₹ 1,50,00,000 - ₹ 2,50,00,000
Job Summary

The Chief Financial Officer will be a key member of the executive team, responsible for the financial health and strategic planning of the organization. This role involves managing the financial actions of the company, including accounting & treasury activities, tracking cash flow, financial planning, and analyzing the company's financial strengths and weaknesses.

Main Responsibilities
  • Develop and implement financial strategies to support the organization's long-term goals and advise on long-term business and financial planning.
  • Oversee the preparation and approval of all financial reporting metrics. Monitor and direct the implementation of strategic business plans.
  • Prepare and present financial statements and reports, conduct financial analysis, budgeting, and forecasting.
  • Prepare and review MIS reports including monthly & quarterly P&L and analysis of variances.
  • Ensure efficient operation of the finance function, managing cash flow and expense control processes. Implement operational best practices to maximize revenue and develop financial and tax strategies.
  • Understand and mitigate key elements of the organization's risk profile, monitor all open legal issues involving the organization, and construct and monitor reliable control systems.
  • Manage relationships with investors and investment institutions, represent the organization with bankers and investors. Raise additional capital as necessary to fund the organization's expansion.
  • Ensure timely and accurate preparation of financial statements in compliance with applicable regulations. Report financial results to stock-exchanges and the board of directors.
  • Ensure compliance with all financial regulations and standards. Oversee the organization's transaction processing systems.
  • Lead, develop, and mentor the finance team. Manage the accounting and finance departments, ensuring the organization's financial stability.
  • Control statutory books of accounts of the organization and monitor day-to-day transactions such as GL, Bank, Account Receivable, Accounts Payable and Assets.
  • Comply with rules & regulations of direct & indirect taxes and ensure timely preparation and filing of periodic Returns.
  • Coordinate with auditors or conduct statutory audit, limited review, tax audit, cost audit and internal audit.
  • Manage appropriate and feasible levels of information-technology (IT) set-up.

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