Arman Financial Services - Chief Finance Officer - CA

Designation : Chief Finance Officer

Experience : 3-10 yrs in any NBFC/ Bank

Qualification

CA

- To prepare financial projection as per the growth plan

- To ascertain financial requirement as per projection equity/debt

- To provide financial data to various Banks, Financial Institutions, PE, Rating agencies, RBI's etc along with different departments of the company.

- To review the performances of different departments and to see if operations are as per projections and to address any areas of concerns.

- To review the cost cutting improve efficiencies and increase profitability.

- To prepare and review periodic performance analysis to update management and suggest changes if any.

- Provides inputs to CFO for preparation of the annual Accounts & Compliance budget

- Tracks expenses versus budgets and highlights variances (if any)

- Creates a clear calendar of returns and payments which is communicated to the team

- Liaisons with tax advisors on a regular basis to ensure proper compliance

- Cross checks the tax calculations to ensure accuracy of numbers and adherence to enactments; Suggests changes if required

- Cross checks the tax returns to ensure accuracy and adherence to enactments; Suggests changes if required

- Guides team to prepare back-up documentation to fulfill the notices, scrutinizes, appeals and other tax departmental requirements

- Represents organization before tax authorities along with tax advisors

- Keeps oneself abreast of new developments in taxation which could have significant impact on the organization

- Keeps oneself abreast of new developments in accounting standards which could have significant impact on the organization

- Provides updates on changes in accounting norms to the team

- Cross checks key element of the books of accounts to ensure adherence to accounting standards, principles and practices

- Analyzes branch accounts to measure segment profitability

- Cross checks all reports prepared by team; suggests changes if any and ensures timely submission of the same

- Provides the financial and other business related information to investors/ management through prescribed formats

- Cross checks all statutory payment details prepared by team; suggests changes if any and ensures timely payment of the same

- Ensures proper and exhaustive information is provided to the auditors on time

- Responsible for answering all queries put forward by the auditors in a satisfactory manner

- Coordinates with all HODs to obtain any information required by the auditors

- Ensures appropriate training and development interventions

- Conducts monthly 1:1s with direct reports

- Raising Funds

- Coordinating and maintaining repo with Bankers.

- Business planning, Capital Structuring, Product Design.

- Managed the accounting and finance function of the business.

- Responsible for formulating Annual Operating and Strategic Plan for the business.

- Pivotal Role in strategies formulation and implementation, commercial negotiations, fund raising and Investor relationship.

- Review and Monitor the operating metrics and business performance vis-- -vis the Plan and the monthly and rolling forecast and initiate corrective action.

- Responsible for delivering the bottom line through cost saving projects and budgetary control.

- Responsible for maintaining relationship and reporting to Investors, Auditors, RBI, Banks, SEBI, Income Tax, ROC, Service Tax, Rating Agency and Industry Social Agency.

- Maintaining short term budgets, cash flow, fund flow and deriving at the funding need for future months.

- Successfully formulated, developed and rolled out new products.

- Ensured asset portfolio is as per business policy and meets performance contract benchmarks.

- Raise Debt in the form of bank loan (public & private), Non Convertible Debentures, Securitizations