Posted By
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Posted in
Banking & Finance
Job Code
1536604
The Chief Financial Officer (CFO) will be responsible for overseeing all financial aspects of the company. The primary purpose of this role is to drive financial strategy, ensure financial sustainability, manage risks, optimize financial operations, and provide insightful analysis to support business growth and company's expansion plans.
This position will play a key role in developing, monitoring, and evaluating the overall corporate finance strategy with the CEO and leaders of the organization with emphasis on bottom-line performance, working capital, and enhancing shareholder value. The CFO will interact effectively with other parts of the company; be viewed as a trusted business advisor by all parts of the business; and provide startegy and leadership to align financial objectives with business goals.
KEY RESPONSIBILITY AREAS:
All activities performed to fulfill stakeholder expectations and which encompass the span of responsibilities managed. Important challenges to go through this role and which are crucial to building functional capabilities.
Strategic Leadership:
- Partner with the CEO and executive team on strategic initiatives and provide strategic recommendations based on financial analysis and projections, cost identification and allocation, and revenue/expense analysis.
- Lead long-term financial planning and strategy, ensuring alignment with company objectives.
Operational Efficiency:
- Optimize the company's financial performance, providing recommendations for operational improvements and cost savings.
- Oversee the preparation and monitoring of annual budgets, and ensure timely and accurate reporting of financial performance against budget.
- Lead financial modeling and scenario analysis for strategic decision-making.
Risk Management:
- Identify and mitigate financial risks, ensuring the company is compliant with all legal and regulatory requirements.
- Oversee the company's risk management strategies including insurance, investments, and treasury functions.
- Develop and implement financial policies, procedures, and internal controls to safeguard the company's assets and ensure financial compliance.
Financial Management:
- Oversee all financial activities including planning, budgeting, forecasting, and reporting.
- Ensure the accuracy, completeness, and integrity of the company's financial statements.
- Manage the company's cash flow to ensure optimal liquidity for day-to-day operations.
- Monitor working capital and implement strategies to optimize cash cycles.
- Oversee banking relationships and capital management, including debt financing options.
Investor Relations:
- Act as the primary financial spokesperson for the company when communicating with investors, lenders, and financial stakeholders.
- Prepare and present financial information to the Board of Directors and external stakeholders.
- Develop strategies for investor relations and reporting
Team Leadership:
- Build, lead, and develop a high-performing finance team. Foster a culture of continuous improvement and professional development within the finance department.
- Build financial awareness across departments and ensure financial objectives are communicated and understood at all levels.
JOB SPECIFIC COMPETENCIES:
- The knowledge, skills and attitude needed to perform your job
- Subject Knowledge: Strong knowledge of accounting principles (Indian GAAP and IFRS), financial regulations, taxation, compliance standards, and risk management practices.
- Familiarity with manufacturing industry dynamics and the financial challenges specific to the B2B sector.
- Proficiency in ERP system/softwares (e.g., SAP)
- Strategic Planning: Ability to align financial and operational goals with broader business strategy.
- Evaluate alternative decisions using analytical techniques and make recommendations
- Identify cost drivers and perform cost modeling to enhance organizational decision-making
- Execution Excellence: Ability to frame strategies with respect to Financial improvements & is able to execute & monitor it.
- People Management: Ability to create harmonious environment that allow people to work collaboratively & productively to achieve desired organizational goals
- Business Acumen: Ability to understand the historical events , practices in the organization & future trends in the market & align them for the benefit of the organization.
- Innovation: Ability to ideate, measure new insights into situations, encourage new ideas within the team & implement best quality practices.
- Ethics Compliance: Identify ethical conflicts and lapses in the workplace w.r.t finance and take appropriate action.
- Execute the organization's strategy with integrity and in compliance with the law, regulations, and standards.
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Posted By
547
JOB VIEWS
246
APPLICATIONS
108
RECRUITER ACTIONS
See how you stand against competition
Pro
View Insights
Posted in
Banking & Finance
Job Code
1536604
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