Chief Financial Officer - IT

About the Company: A diversified Consumer Electronics, IT Infra and Value Added Services company having the Business Verticals of Retail, Service, B2B and Wellness of Top leading Brands with its significant presence across South India.

Head Quartered out of Coimbatore and having its Regional Offices based out of Mumbai, Bangalore, Chennai and Trivandrum.

Job Overview:

The CFO will be responsible for overseeing the financial operations of the company, guiding its financial strategy, planning, and maintaining its fiscal stability. He/She will collaborate with the executive management team to establish long-range goals, strategies, plans, and policies. He/She will also oversee the functions of IT, Process & Audit and Supply Chain Management

Key Responsibilities:

- Financial Management: Manage the company's financial operations, including budgeting, forecasting, and auditing. Ensure that the financial transactions, policies, and procedures meet the organization's short and long-term business objectives and are conducted in accordance with regulations, accounting principles, and standards.

- Strategic Planning: Develop and implement the financial strategy of the company. This includes long-term financial planning and forecasting, risk management, and investment strategies. Evaluate Business Case feasibility on new investments. Drive Organic and Inorganic growth for the business and support MD on decision making and evaluation of proposals.

- Financial Reporting: Oversee the preparation and communication of monthly and annual financial statements. Ensure the timely reporting of key financial data and updates to the MD and other key stakeholders. Liaison with the Statutory Auditors of the company to ensure timely closure of Statutory Audit, GST and Income Tax Audits.

- Fund Raise & Treasury Management: Oversee the fund raise requirements of the company by liaisoning with the Bankers and other financial institutions and raise adequate debt capital in line with the Business requirements. Driving efforts to continuously reduce the cost of capital and maintain good current and liquidity ratios.

- Compliance: Ensure legal and regulatory compliance regarding all financial functions. This includes tax planning and compliance with local, state, and federal tax regulations.

- Process Excellence: Review existing process across the organisation and make periodic changes in line with the business growth and market dynamics. Driving the Internal Financial Controls to minimise organisational Risk.

- Audit: Drive the Internal Audit, Stock Audit and Retail process Audit teams to ensure adherence to company policies & procedures and ensure adequate control of inventory.

- Information Technology Management: Developing and implementing IT strategies that align with business goals, ensuring technology initiatives drive business value and competitiveness. Overseeing the development, implementation, and maintenance of IT systems, including networks, servers, storage, security, and applications, to ensure seamless operations and optimal performance. Driving the Automation initiatives across the organisation to improve speed and efficiency.

- Supply Chain Management: Developing and implementing a comprehensive supply chain strategy to achieve organizational goals and performance KPIs. Overseeing daily supply chain operations, including purchasing, inventory management, vendor selection, and distribution of finished goods.

- Leadership: Direct the Finance, IT, Audit and Supply Chain teams and ensure their ongoing professional development and training. Participate in key decisions as a member of the executive management team.

Key Skills:

- Strong Analytical skills.

- Strong leadership and organizational skills.

- Excellent communication and interpersonal skills.

- Excellent knowledge of data analysis, risk management, and forecasting methods.

- Strong ethical standards and high levels of integrity.

- Drive Cost efficiency by leveraging Information Technology, lean process and automation initiatives.

- Must be willing to work across organisation boundaries and all levels of the company to achieve business objectives.

Qualifications:

- CA / MBA Finance with 15-20 years of Post Qualification Experience.

- Extensive experience in senior financial managerial roles, with a proven track record of success.

- Proficient in the use of MS Office and financial management software.

- Experience of handling more than finance function will be an added advantage