Chief Financial Officer

Position: Chief Financial Officer (CFO)

Department: Finance

Location : Bengaluru

Job Summary:

The Chief Financial Officer (CFO) will play a critical role in the strategic management and financial stewardship of the Non-Banking Financial Company (NBFC). The CFO will oversee all financial operations, ensure compliance with regulatory requirements, and provide strategic financial guidance to support the company's growth and profitability.

Key Responsibilities:

1. Financial Strategy & Planning:

• Develop and implement financial strategies aligned with the company's goals and objectives.
• Lead financial planning and analysis, including budgeting, forecasting, and long-term financial planning.

2. Financial Reporting:

• Oversee the preparation and presentation of accurate and timely financial reports, including monthly, quarterly, and annual financial statements.
• Ensure compliance with accounting standards and regulatory requirements.

3. Risk Management:

• Identify, assess, and manage financial risks, including credit risk, market risk, and operational risk.
• Develop and implement robust risk management policies and procedures.

4. Capital Management:

• Manage capital structure and funding strategies, including equity, debt, and other financing options.
• Maintain strong relationships with investors, banks, and other financial institutions.

5. Regulatory Compliance:

• Ensure compliance with all relevant financial regulations and standards, including RBI guidelines for NBFCs.
• Liaise with regulatory authorities and ensure timely submission of required reports and filings.

6. Internal Controls:

• Establish and maintain effective internal controls and financial reporting systems.
• Oversee internal and external audits, ensuring the accuracy and integrity of financial information.

7. Team Leadership:

• Lead and mentor the finance team, fostering a culture of high performance and continuous improvement.
• Provide strategic direction and support to other departments on financial matters.

8. Strategic Initiatives:

• Participate in strategic decision-making processes, providing financial insights and analysis to support business initiatives.
• Lead financial due diligence for mergers, acquisitions, and other strategic investments.

9. Cost Management:

• Implement cost control measures and efficiency improvements to optimize the company's financial performance.
• Monitor and manage operating expenses to ensure alignment with budgetary goals.

Qualifications:

Education:

• Bachelor's and Master's degree in Finance, Accounting, Business Administration, or a related field.
• Professional certifications such as CA (Chartered Accountant) is must.

Experience:

• Minimum of 20 to 25 years of progressive financial experience, with at least 5 years in a senior leadership role within the financial services industry, preferably in a Private Sector Bank.

Technical Skills:

• Strong knowledge of financial management, accounting principles, and regulatory requirements for NBFCs.
• Proficiency in financial software and systems (e.g., ERP systems, financial modeling tools).

Analytical Skills:

• Excellent analytical and problem-solving skills, with the ability to interpret complex financial data and provide actionable insights.

Leadership Skills:

• Proven leadership and team management skills, with a track record of building and leading high-performing finance teams.

Communication Skills:

• Strong written and verbal communication skills, with the ability to effectively present financial information to diverse stakeholders.

Strategic Thinking:

• Ability to think strategically and provide visionary leadership to drive financial performance and growth.

Preferred Qualifications:

• Experience in managing investor relations and fundraising activities.
• Familiarity with digital transformation and financial technology (fintech) initiatives.