Chief Financial Officer
1 day ago
They are diversified Consumer Electronics, IT Infrastructure, and Value-Added Services company with strong business verticals in Retail, Service, B2B, and Wellness. Established in 2006, they have grown to 80+ branded stores and 45+ authorized service centers across South and West India. The CFO will be responsible for overseeing the financial operations of the company, guiding its financial strategy, planning, and maintaining its fiscal stability. He/She will collaborate with the executive management team to establish long-range goals, strategies, plans, and policies. He/She will also oversee the functions of IT, Process & Audit and Supply Chain Management .
Financial Management: Manage the company's financial operations, including budgeting, forecasting, and auditing. Ensure that the financial transactions, policies, and procedures meet the organization's short and long-term business objectives and are conducted in accordance with regulations, accounting principles, and standards.
Strategic Planning: Develop and implement the financial strategy of the company. This includes long-term financial planning and forecasting, risk management, and investment strategies. Evaluate Business Case feasibility on new investments. Financial Reporting: Oversee the preparation and communication of monthly and annual financial statements. Ensure the timely reporting of key financial data and updates to the MD and other key stakeholders. Liaison with the Statutory Auditors of the company to ensure timely closure Statutory Audit, GST and Income Tax Audits.
Fund Raise & Treasury Management: Oversee the fund raise requirements of the company by liaisoning with the Bankers and other financial institutions and raise adequate debt capital in line with the Business requirements. Compliance: Ensure legal and regulatory compliance regarding all financial functions. This includes tax planning and compliance with local, state, and federal tax regulations.
Driving the Internal Financial Controls to minimize organizational Risk.
Audit: Drive the Internal Audit, Stock Audit and Retail process Audit teams to ensure adherence to company policies & procedures and ensure adequate control of inventory.
Overseeing the development, implementation, and maintenance of IT systems, including networks, servers, storage, security, and applications, to ensure seamless operations and optimal performance. Developing and implementing a comprehensive supply chain strategy to achieve organizational goals and performance KPIs. Overseeing daily supply chain operations, including purchasing, inventory management, vendor selection, and distribution of finished goods.
Leadership: Direct the Finance, IT, Audit and Supply Chain teams and ensure their ongoing professional development and training. CA / MBA Finance with 15-20 years of Post Qualification Experience .
Extensive experience in senior financial managerial roles, with a proven track record of success.
Proficient in the use of MS Office and financial management software.
Experience of handling more than finance function will be an added advantage .
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