Chief Financial Officer

4 weeks ago

Coimbatore, Tamil Nadu, India Saaki Argus & Averil Consulting Full time

Job Title: Chief Financial Officer

Location: Coimbatore

Company Overview:

Our client, a diversified company operating in the Consumer Electronics, IT Infrastructure, and Value Added Services sectors, is seeking a Chief Financial Officer based out of Coimbatore. With a strong presence in South and West India, they have established a network of branded stores and authorized service centers across multiple states.

Position Summary:

The Chief Financial Officer will oversee the company's financial operations, shaping the financial strategy and ensuring fiscal health. This role involves collaborating with the executive team to define long-term objectives and policies.

Key Responsibilities:

  • Financial Operations:
    • Lead budgeting, forecasting, and auditing processes to ensure compliance with relevant regulations and standards.
  • Strategic Financial Planning:
    • Develop and execute a comprehensive financial strategy focusing on long-term planning, risk assessment, and investment evaluation to support business growth.
  • Reporting:
    • Supervise the preparation and distribution of financial statements, ensuring timely communication of key financial information to stakeholders and managing relationships with auditors.
  • Capital Management:
    • Oversee fundraising efforts by engaging with financial institutions to secure necessary funding, working on optimizing capital costs and maintaining liquidity ratios.
  • Regulatory Compliance:
    • Ensure compliance with all legal and regulatory requirements related to financial activities, including tax obligations.
  • Process Improvement:
    • Continuously evaluate and enhance financial processes to align with business growth and changing market conditions, strengthening internal controls to mitigate risks.
  • Audit Oversight:
    • Lead internal audit teams to ensure compliance with company policies and effective management of inventory.
  • IT Strategy Implementation:
    • Create IT strategies that support business objectives, ensuring robust systems are in place for seamless operations and driving automation initiatives.
  • Supply Chain Strategy:
    • Develop and implement effective supply chain strategies, managing purchasing, inventory, vendor relations, and distribution processes.
  • Team Leadership:
    • Guide the Finance, IT, Audit, and Supply Chain teams, promoting professional development and participating in executive-level decision-making.

Educational Requirements:

  • CA or MBA in Finance with 15-20 years of relevant experience.
  • Extensive experience in senior financial management roles.
  • Proficiency in MS Office and financial management software.
  • Experience across various financial functions is a plus.

Remote Work:

No

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