
Chief Financial Operations Officer
2 days ago
The Role of a Financial Manager:
Job SummaryThis position is responsible for leading all financial operations, ensuring fiscal discipline, regulatory compliance, and strategic financial planning.
Key Responsibilities- Financial Planning & Strategy:
- Develop and manage annual budgets, forecasts, and financial models to ensure alignment with organizational goals.
- Provide expert advice on cost optimization, capital allocation, and ROI analysis to leadership.
- Monitor cash flow, working capital, and liquidity to identify areas for improvement.
- Accounting & Compliance:
- Oversee day-to-day accounting, invoicing, and payroll processes to ensure accuracy and efficiency.
- Ensure compliance with statutory regulations, including GST, TDS, PT, and Income Tax.
- Coordinate internal and external audits to maintain financial integrity.
- Procurement & Cost Control:
- Collaborate with procurement and operations teams to track material costs and vendor payments.
- Implement cost control measures across the supply chain and manufacturing units to optimize expenses.
- Reporting & Analysis:
- Prepare monthly MIS reports, variance analysis, and board-level dashboards to provide insights into financial performance.
- Analyze financial data to support strategic decisions and performance reviews.
- Systems & Process Improvement:
- Recommend and implement financial systems to enhance efficiency and accuracy.
- Streamline documentation and approval workflows for finance-related processes to reduce administrative burdens.
To succeed in this role, you should have:
- A degree in CA / MBA (Finance) or CMA.
- A minimum of 5-10 years of experience in financial management, preferably in manufacturing or construction.
- Strong skills in budgeting, forecasting, cost accounting, compliance, Excel, and Tally/SAP.
- A detail-oriented and analytical approach with excellent communication and presentation skills.
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