Strategic Finance Head for NBFC Operations
4 weeks ago
Role & Responsibilities:
As a key member of Virtuous Advisors & Resources Private Ltd, we seek an accomplished Strategic Finance Head to lead our NBFC operations. This role demands a seasoned professional with a track record of driving financial strategy and planning, ensuring alignment with our company's objectives.
Key Responsibilities:
- Financial Strategy and Planning: Develop and execute comprehensive financial plans, providing strategic financial insights and recommendations to our leadership team.
- ALM & ALCO Strategy and Leadership: Develop and lead ALM strategies to manage liquidity and interest rate risks, chairing ALCO meetings to review balance sheet risks and align financial goals.
- RBI Reporting & Compliance: Ensure timely and accurate submission of regulatory reports to the RBI, coordinating audits, and maintaining robust systems for data accuracy and compliance.
- Financial Management: Oversee all financial operations, including budgeting, forecasting, and financial reporting, ensuring accuracy, transparency, and regulatory compliance.
- Fund Raising & Investor Relationship: Lead fundraising efforts and build strong investor relationships to ensure transparent communication and trust with stakeholders.
- Cost Leadership and Optimization: Spearhead cost leadership and optimization efforts across the business to maximize asset utilization and drive business improvement initiatives.
- Financial Reporting and Presentation: Own financial responsibilities, including financial reporting and budgetary management, presenting to our Management, Shareholders Committees, and the Board of Directors.
- Treasury & Cash Flow Management: Collaborate with the treasury team to ensure efficient cash flow management, investment of surplus funds, and optimization of borrowing costs.
- Monitoring Financial Practices: Monitor and review finance and treasury policies, procedures, and practices in line with accounting standards, legal requirements, and good industry practice.
- Risk Management: Identify and assess financial risks and opportunities, developing strategies to mitigate risks and capitalize on opportunities, ensuring compliance with relevant financial regulations and standards.
- Team Leadership and Development: Build and lead a high-performing finance team, fostering a culture of collaboration and continuous learning, and providing mentorship and guidance to team members.
Key Qualifications:
- Minimum 12 years of experience in finance leadership roles.
- Education: CA.
- Must be from a NBFC doing LAP.
- Strong communication and interpersonal skills.
- Problem-solving and decision-making skills.
- Proven experience in finance leadership roles.
- Experience managing financial risks and compliance.
- Strategic Financial Planning Skills.
- Good Investor Relations.
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