Chief Finance Officer - CA - BFSI

Position: Chief Finance Officer (CFO)

Location: Mumbai

Industry: NBFC

Reports To: MD

Job Specs:

Job Purpose:

This position will be accountable for overall financial health of the company, development of financial operational strategy, cost control mechanism, treasury management. Create a well-defined roadmap for a financial operation and uphold values for the stakeholders.

Key Result Areas:

Planning

- Assist in formulating the company's future direction and supporting tactical initiatives

- Monitor and direct the implementation of strategic business plans

- Develop financial and tax strategies

- Manage the capital request and budgeting processes

- Develop performance measures that support the company's strategic direction

Operational Aspect

- Participate in key decisions as a member of the executive management team

- Maintain in-depth relations with all members of the management team

- Manage the accounting, human resources, investor relations, legal, tax, and treasury departments

- Oversee the financial operations of subsidiary companies and foreign operations

- Manage any third parties to which functions have been outsourced

- Oversee the company's transaction processing systems

- Implement operational best practices

- Oversee employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package

- Supervise acquisition due diligence and negotiate acquisitions

Financial Information

- Understand and mitigate key elements of the company's risk profile

- Monitor all open legal issues involving the company, and legal issues affecting the industry

- Construct and monitor reliable control systems

- Maintain appropriate insurance coverage

- Ensure that the company complies with all legal and regulatory requirements

- Ensure that record keeping meets the requirements of auditors and government agencies

- Report risk issues to the audit committee of the board of directors

- Maintain relations with external auditors and investigate their findings and recommendations

Funding

- Monitor cash balances and cash forecasts

- Arrange for debt and equity financing

- Invest funds/ Pension Funds

Qualifications, Experience and Skills:

- Chartered Accountant with 15 yrs + experience with strong financial knowledge, exposure/working with Banks /NBFC's would be preferred

- Strong finance system skills including advance excel

- An effective communicator with strong problem solving & organizational abilities with demonstrated abilities in developing wide-ranging - people- skills

- Ability to influence and build strong partnership with cross functional teams.

- Business Understanding and high on process orientation

- Capable of getting into technical details and conduct thorough review

- Assertive and able to manage conflicts

- High energy levels and - can do- attitude is essential to succeed in this role