Cfo - Fbo

Location: Delhi, IN- Company: GMR Airports Limited**JOB PURPOSE**: Nominated by GAL as CFO in the FBO/MRO Business facility at Delhi Airport, a company with GADL & Bird Group as equal partners Job profile comprises improving the wealth of the investors, enabling improvement of turnover, cost control, better profitability, CAPEX control & supervision, infrastructure planning, competitive financing cost, safeguard interest of GMR Group, monitoring & supervising accounting and financing activities which includes timely completion of statutory and internal audits, cost optimization/cost controls and improvement in processes and systems, to ensure statutory & secretarial compliances, compliance of key items of Concession Agreement (CA / SHA), co-ordination with Stake holders, support on legal matters and liaising with Financial Institutions/Govt. Departments & external agencies. **ORGANISATION CHART**: CFO-> Head - Corporate Integration & JVs F&A **KEY ACCOUNTABILITIES**: **Accountabilities** **Key Performance Indicators** - Financial Closing of Books of Accounts and Audit /MIS/Fund Management - 1. Timely closure of Accounting Activities & preparation of MIS and other reports as required by Stakeholders/BOD. - 2. Co-ordination with Statutory and Internal auditors and to ensure timely completion of Audit within stipulated timelines with no adverse remarks - 3. Fund Management - CAPEX Management - 1. Manage and supervise CAPEX - 2. CAPEX & Infrastructure planning - 3. Optimize ROI - Accounts Receivable Management - 1. To supervise daily activities of Revenue team and ensuring no revenue leakage with proper monitoring and controls including cash audits. 2. Ensuring timely billing and submission with concerned Airlines/Client. 3. Payment follow-up and Reconciliation with Debtors - Audit - 1. Dealing with Statutory Auditors with nil qualification in Audit report - 2. Dealing with Internal auditors with minimum observations and timely compliance of audit points - 3. Dealing with Secretarial Auditors with minimum observations and compliance thereof - Accounts Payable Management - 1. Timely payments to Suppliers /service vendors as per payment terms - 2. To Ensure compliance of TDS, Service Tax and Vat provisions - 3. Monitoring of Expenses as per AOP and variance analysis - 4. To provide details as required by Auditors/other departments - Tax Compliance & Budgetary controls - 1. Ensuring Filing of returns as per tax deadlines with accuracy and assessment - 2. Reply to Statutory department’s queries and filing of appeal and appearing for appeal matters and co-ordinate with advocates - 3. Ensuring no interest and penalty and availment of cenvat credits etc. - Budget /MIS - 1. Preparation of AOP with detailed analysis - 2. IND AS, IFC, ICDS and GST compliances - 3. Analysis of month to month penetration captured. - 4. Analysis of month to month ATV - 5. Variance analysis and action thereon - Treasury - 1. Assessment of financial requirements/treasury management - 2. Monthly overview of Bank limits and future fund planning. - 3. Optimization of Finance cost - Support to CEO - 1. Support to CEO in implementing strategic decisions - 2. Support to CEO and other departmental heads in day to day function - IT Function - 1. ERP implementation and modification for new business requirements - 2. Backup (Servers & Users) - 3. Server, Desktop, Laptop and POS maintenance - 4. CCTV setup and maintenance. - 6. Right management - SHA/Concession Agreement - Strictly compliance of Share Holder agreement & concession agreement signed with concessioning authority - **EXTERNAL INTERACTIONS**: - Interaction with Tax Authorities (both direct & Indirect tax) for assessment proceeding and other requirement - Regular Interaction with Licensing/Govt. authorities for business licenses, DGCA, EASA etc - Regular interaction with Statutory Auditors and Internal Auditors for addressing their issues and reply to their reports - Regular Interaction with Bank for the credit facilities and their compliance - Interaction with Major Vendors and Clients as per business requirement - Regular Interaction with concessioning authority - Interaction with Legal Consultants, Suppliers/Clients **INTERNAL INTERACTIONS**: - Regular interaction with shareholding partners & Board of Directors (Board) and providing various reports and information as required time to time - Regular interaction with various departments through daily/weekly/monthly meeting and to resolve accounts related issues. - Working for a JV company and playing a balancing Role of CFO as with stakeholder - Regular interaction with corporate office in regard to various accounting issues raised by them during consolidation of financial results - Regular interaction with GAL Sector Finance / JV Team on various issues related to compliance, governance etc. **FINANCIAL DIMENSIONS**: - Annual Turnover: ~ Rs.50 Crores (Expected FY23) - Assets worth of Rs. 120 Crores plus (Approx.) - Manpower 200 p