Posted By
Posted in
Banking & Finance
Job Code
1053201
Chief Financial Officer
The Chief Financial Officer (CFO) will be primarily responsible for the planning, implementation, managing, and running of all the finance activities of a company, including financial controls, business planning, budgeting, forecasting, negotiations, maintaining investor relations, and partnership compliance.
Qualifications :
Ideally a qualified Chartered Accountant (CA). MBAs with exceptional experience and pedigree can also be considered.
Experience Portfolio :
- With 25 to 30 years of experience of which the last 5 or more should be in leadership positions preferably in a construction company or companies with project-based business though this will not be a limiting factor for the right candidate.
- Excellent people management skills and ability to communicate effectively with senior leadership, Board members, and peers.
- Strong functional knowledge.
Responsibilities :
- Experience in working with senior leadership at a global level with in-depth exposure to one or more geographies.
- Formulate and implement business plans, budgets, and forecasts for the company.
- Experience in managing and turning around a financially stressed business is essential. - This will include experience in preparing, presenting, and getting approvals on debt restructuring proposals from the banks and financial institutions. As a corollary, the person should have excellent relations and network with the leading banks and financial institutions.
- Give pro-active advice to senior management on finance-related business issues like funds generation & management, cost restructuring, cost control, accounts payable and receivables, DSOs etc.
- Oversee budgetary control, close monitoring of expenditure, and conduct variance analysis.
- Financial reporting to the Management and if required fine-tuning and implementing internal reporting systems to facilitate timely action and decision making.
- Assess and evaluate the financial performance of the Company with regard to operational goals and budgets on an ongoing basis.
- Utilise forward-looking models and activity-based analysis to provide financial insight into the organisation's plans and operating budgets
- Review and ensure application of appropriate internal controls, compliance, and financial procedures
- Ensure tax compliance and undertake pro-active tax planning and provide advice on tax matters to the senior management team.
- Chart out Internal Audit program for operations in India and/or global subsidiaries encompassing all areas of operations.
- Build relationships with governments, regulatory bodies, customers, and suppliers.
- Ensure efficient working capital management for projects and routine operations and monitor daily cash flows and judicious investment of excess funds.
- Ensure timely preparation of the Profit and Loss account and annual report and completion of Statutory Audit, Transfer pricing report, and other statutory reporting.
- Coordination with Statutory Auditors to ensure finalisation and closure of books of accounts for India and for the consolidated entity.
- Identify internal and external risks for the business and ensure measures for mitigation.
- Ensure compliance with the corporate laws and related regulations.
- Ascertain compliance with all group policies and procedures.
- Ensure that all relevant insurance policies including fire, project, and employee benefits are taken within the defined period.
- Building a high-performance and highly motivated Finance and Accounts team.
- Any other responsibilities as entrusted from time to time.
Other Requirements :
- In depth knowledge of corporate financial law and risk management practices.
- Excellent knowledge of data analysis and forecasting methods.
- Proficient in the use of MS Office and financial management softwares (e.g. Oracle, SAP).
- Ability to strategise and solve problems.
- Strong leadership and organizational skills.
- Excellent communication and people skills.
- An analytical mind, comfortable with numbers.
Didn’t find the job appropriate? Report this Job
Posted By
Posted in
Banking & Finance
Job Code
1053201