Role : Chief Financial Officer ( CFO)
Location : Gurgaon
Job Summary:
We are looking for an industrial veteran for the post of CFO. The Chief Financial Officer position is accountable for the administrative, financial, and risk management operations of the company, to include the development of a financial and operational strategy, metrics tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results.
- The Chief Financial Officer (CFO) provides both operational and programmatic support to the organization.
- The CFO supervises the finance unit and is the chief financial spokesperson for the organization.
- The CFO reports directly to the President/Chief Executive Officer (CEO) and directly assists the Chief Operating Officer (COO) on all strategic and tactical matters as they relate to budget management, cost benefit analysis, forecasting needs and the securing of new funding.
Skills and Responsibility:
- Assist in performing all tasks necessary to achieve the organization's mission and help execute staff succession and growth plans.
- Train the Finance Unit and other staff on raising awareness and knowledge of financial management matters.
- Work with the President/CEO on the strategic vision including fostering and cultivating stakeholder relationships on city, state, and national levels, as well as assisting in the development and negotiation of contracts.
- Participate in developing new business, specifically: assist the CEO and COO in identifying new funding opportunities, the drafting of prospective programmatic budgets, and determining cost effectiveness of prospective service delivery.
- Assess the benefits of all prospective contracts and advise the Executive Team on programmatic design and implementation matters.
- Ensure adequate controls are installed and that substantiating documentation is approved and available such that all financial transactions may pass independent and governmental audits.
- Monitor and direct the implementation of strategic business plans. Develop financial and tax strategies. Manage the capital request and budgeting processes
- Oversee the company's transaction processing systems. Monitor all open legal issues involving the company, and legal issues affecting the industry
- Report risk issues to the audit committee of the board of directors
- Maintain relations with external auditors and investigate their findings and recommendations, monitor cash balances and cash forecasts, arrange for debt and equity financing
- Participate in conference calls with the investment community
- Oversee the management and coordination of all fiscal reporting activities for the organization including: organizational revenue/expense and balance sheet reports, reports to funding agencies, development and monitoring of organizational and contract/grant budgets.
- Oversee all purchasing and payroll activity for staff and participants.
- Develop and maintain systems of internal controls to safeguard financial assets of the organization and oversee federal awards and programs.
- Ensure adequate cash flow to meet the organization's needs.
- Serve as one of the trustees and oversee administration and financial reporting of the organization's Savings and Retirement Plan.
- Investigate cost-effective benefit plans and other fringe benefits which the organization may offer employees and potential employees with the goal of attracting and retaining qualified individuals.
- Oversee the production of monthly reports including reconciliations with funders and pension plan requirements, as well as financial statements and cash flow projections for use by Executive management, as well as the Audit/Finance Committee and Board of Directors.
- Assist in the design, implementation, and timely calculations of wage incentives, commissions, and salaries for the staff.
- Oversee Accounts Payable and Accounts Receivable and ensure a disaster recovery plan is in place. Oversee business insurance plans and health care coverage analysis.
Requirements:
- Experience on Private Equity & Venture Capital
- Knowledge of International Laws and Legislature, especially in North America & UK.
- Required to be Chartered Accountant (CA), Certified Financial Accountant (CFA) or Certified Public Accountant (CPA) (any one of the above)
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