Chief Finance Officer

The Chief Financial Officer (CFO)
- Shall be responsible for all financial activities of the VBL Group Companies
- Shall play a crucial role in the development and growth of the business.
- Shall act as a strategic partner and advisor to the Managing Director and Board of Directors, ensuring financial expertise is integrated into the company's decision-making processes.

As a key member of the Executive Management team, the Chief Financial Officer shall report to the CEO and assume a strategic role in the overall management of the company.

The CFO shall provide the Strategic and Operational Financial Management support to the organisation and shall also have in-depth knowledge.
- Accounting, Audit and Statutory Compliances,
- Financing, Banking and Investment related matters,
- Taxation-Direct & Indirect, RBI, FEMA, Customs, DGFT, and other regulatory authorities,
- Financial Planning, analysis, budgeting, Costing, Insurance and forex risk management,
- Companies Act and other relevant statutory acts and provisions,
- Financial MIS, Capital Budgeting, Internal controls, checks and reviews,
- Provide leadership and expertise and contribute to the overall success of the organization.

Roles & Responsibilities

The CFO shall be directly responsible:

- To lead the finance team, providing guidance, mentorship, and oversight, foster a culture of financial discipline, continuous improvement, and collaboration within the finance department.
- To oversee and manage all financial aspects of the organization, planning, implementing, and controlling all financial related activities of the company such as accounting, finance, forecasting, strategic planning, job costing, human resources, treasury function, negotiations, investor relationships and operations management of all units of the company.
- To develop and implement the company's financial, tax & operational strategy and metricstied to that strategy, in alignment with overall business objectives.
- To lead the budgeting process, working closely with other departments to establish challenging financial targets and allocate resources effectively, monitor and direct the implementation of strategic business plans.
- MIS - Design & Ensure correctness and on time and its analysis.
- To oversee the preparation and presentation of accurate and timely financial reports. Ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results,
- Develop performance measures that support the company’s strategic direction,
- Analysing, Designing, and managing Finance Commercial Systems & Process including implementing Accounting & Costing Systems for control and pricing of Products
- To optimize the company's capital structure by managing cash flow, debt, and equity financing. Evaluate investment opportunities and oversee capital expenditure decisions, keeping in view cost of capital and competitive pricing for debts.
- To Identify and manage financial risks, including market risks, currency fluctuations, commodity price volatility, and supply chain disruptions, develop risk mitigation strategies, such as hedging, insurance, and contingency plans.
- To ensure compliance with financial regulations, accounting standards, and internal policies, and corporate governance best practices, including company secretarial matters, labour, and other direct and indirect taxes laws.
- To arrange for working capital finance and long-term loans from banks at competitive pricing.
- To efficiently manage cash through working capital, inventory, and collections management.
- To advice on Import-Export matters, Foreign Trade Policies, and other incentives, FEMA, Labour Laws, and other regulatory matters.
- To implement corporate policies in areas like administrative policies, accounts, HR etc. and contribute to policy formulations.
- To provide executive management with advice on the financial implications of business activities.
- To participate in Key decisions as a member of the executive management team.
- To maintain in-depth relationship with all members of the Management Team
- To manage any third parties to which operations have been outsourced.

Behavioural Competencies
- Commercial and Business Acumen
- Strategic Thinking
- Leadership
- Networking and Liaison
- Team working and team development
- Analytical Skills
- Communication Skills
- Adaptability and Change Management
- Risk Management
- Continuous Learning

**Qualifications**:

- Chartered Accountant / Cost & Management Accountant with 15-20 years of experience,

age 40 to 45 years.
- Proven experience as a CFO or in a similar senior financial leadership role in the manufacturing industry (preferably in Accessories, Garments, Leather etc.), with mix of experience from Large and Medium sized enterprises
- Hands on skills in SAP, MS office more particularly in Power point and advanced Excel
- Strong knowledge of accounting principles, financial management, and regulatory c