Chief Financial Officer - CA

PRIMARY RESPONSIBILITY & AUTHORITY

The Chief Financial Officer (CFO) is responsible for managing the financial actions of the company. This includes tracking cash flow, financial planning, analyzing the company's financial strengths and weaknesses, and proposing corrective actions. The CFO will oversee the finance department and work closely with the executive team to ensure the company meets its financial goals.

FINANCIAL PERSPECTIVE:

- Oversee budgeting, forecasting, and financial planning processes. (Financial)

- Develop financial strategies aligned with company goals.

- Creating financial Policy, forecasting and Budgeting

- Oversee the implementation and maintenance of financial software systems to improve efficiency and accuracy in financial reporting and analysis.

- Liquidity and Cash flow managing.

- Conduct financial analysis to guide decision-making.

- Manage capital structure and liquidity.

- Optimize financing and investment strategies

- Supervise accounting and financial operations.

- Promote knowledge sharing and best practices within the finance department.

Process:

- Analyse the data and taking the decision (Process)

- Appropriate Internal Controls Maintenance (process)

- Implement financial policies and procedures. (process)

- Reports directly to the Board of Directors.

- Provides regular financial updates and insights.

- Implement process improvements to enhance the efficiency and effectiveness of financial operations.

- Work closely with other departments (e.g., operations, marketing, HR) to ensure financial strategies support overall business objectives.

- Ensure the organization adheres to best practices in corporate governance.

- Provide financial insights and support for cross-functional projects and initiatives.

L&D:

- Ensure the finance team receives ongoing training and professional development. (L&D)

- Develop and implement financial contingency plans to manage potential crises.

- Promote a culture of continuous improvement within the finance department.

- Provide insights on competitive positioning and potential growth opportunities.

- Provide financial leadership during times of organizational change or economic uncertainty.

Risk Assessment:

- Identify the financial risk and make strategies to Overcome (risk assessment and Management)

- Serve as a financial advisor to the CEO and other senior executives on strategic initiatives and major business decisions

- Conduct analysis on industry trends and market conditions to inform strategic planning.

- Identify and mitigate financial risks

Vendor Management:

- Financial Institution Relationship Maintaining (Vendor management)

Project Management:

- Feasibility study for new projects (project management skill)

- Provide guidance on the financial implications of new business opportunities and partnerships.

Ethics:

- Ensure compliance with financial regulations and standards. (ethical)

- Support the Board of Directors and executive management in governance matters, including the development of corporate policies and procedures. (Compliance)

- Represents the company to stakeholders, including investors and regulatory bodies. (compliance)

- Report on the financial impact of sustainability and CSR programs to stakeholders.

- Integrate financial strategies with the company's sustainability and CSR initiatives.

Negotiation:

- Negotiates financial agreements and contracts. (Negotiations)

PREFERRED EDUCATIONAL:

- CA Qualified

- Certified Management Accountant

EXPERIENCE REQUIRED:

- 10-12 Years' experience

MANDATORY JOB SKILLS & KNOWLEDGE REQUIRED:

- Communication Skills, Strategic leadership, Financial Analysis

DESIRED JOB SKILLS REQUIRED:

- Strategic Vision

- Negotiation Skill

- Decision Making

- Global Business Acumen

- Critical thinking

- Adaptability

- Financial Planning

- Crisis Management

- Planning

- Monitoring Cash flow

LANGUAGE PREFERABILITY:

- Malayalam

- English

- Hindi

- Behavioral indicators Required for the role.

Risk Management Orientation:

- Demonstrates a proactive approach to identifying and mitigating financial risks.

- Balances risk and reward considerations in financial decision-making processes.

Strategic Thinking and Vision:

- Ability to think strategically and translate vision into actionable plans that drive financial performance and organizational growth.

- Identifies opportunities and risks, anticipates future trends, and adapts financial strategies accordingly.

Innovative strength:

- Encourages innovation and motivates others to meet challenges.

- Is capable of creating a working environment that provides scope for experimentation

Problem-Solving and Decision-Making:

- Applies analytical thinking to solve complex financial issues and make informed decisions.

- Considers multiple perspectives, weighs alternatives, and takes decisive action under pressure.

Decision-Making Process:

- The decision-making process involves collaboration with key stakeholders, including the executive team and board of directors.

- CFOs present investment proposals and recommendations based on the findings of the financial analysis.

- They facilitate discussions on the costs, benefits, and risks associated with each investment option, considering factors such as strategic fit, financial constraints, and risk tolerance.

- Collaboration and Relationship Building: Builds and maintains strong relationships with internal and external stakeholders, fostering partnerships that support financial objectives.

- Builds and maintains strong relationships with internal and external stakeholders, fostering partnerships that support financial objectives.

- Works effectively across functions and departments to achieve shared goals.

Responsible Leadership:

- Takes responsibility for outcomes and learns from both successes and failures.

- Acts with courage and resilience in challenging situations, demonstrating accountability for decisions and actions

Continuous Learning and Innovation:

- Promotes and supports innovation and continuous improvement in financial processes and practices.

Integrity and Ethics:

- Demonstrates high ethical standards in financial reporting, decision-making, and interactions with stakeholders.

- Upholds transparency and accountability in all financial matters