Chief Financial Officer - Textile

Chief Financial Officer

Client: A leading Yarn Manufacturer

Location: Kanpur

Objectives of this role:

- Take responsibility (either directly or via staff) for all cash management, investments, insurance, budgeting, and financial reporting, and help drive the companys financial strategy and hiring needs

- Coordinate development of annual operating, capital, and program budgets, as well as reporting for the same

- Ensure cash flow is compatible with operations by overseeing day-to-day accounting, recording, reporting, and internal-control activities of the organization

- Develop and implement best practices and tools to ensure a well-controlled yet flexible organization that has strong fiscal management, project coordination, cross-team communications, and workflows

- Comply with national and local financial requirements by studying existing and new legislation and taking appropriate action

Responsibilities:

- Work with senior managers to efficiently develop budget proposals, provide access to project finance information, and ensure contract/grant compliance and reporting

- Research revenue opportunities and economic trends, analyze internal operations, and identify areas for cost reduction and process enhancemnt

- Perform risk management through analysis of company liabilities and investments, and evaluate and manage capital structure and fundraising initiatives

- Oversee HR operations by coordinating with external service providers (ex: payroll, benefits, recruitment) and internal staff responsible for other aspects of HR

- Monitor business performance with tracking tools, establish corrective measures as needed, and prepare detailed reports for earnings calls, management team, and rest of company

- Manage finance personnel and oversee financial IT systems, ensuring compliance with relevant regulatory entities (ex: Financial Accounting Standards Board, Internal Revenue Service, state attorneys general)

Required skills and qualifications:

- Five or more years of experience in executive leadership roles

- Excellent leadership skills, with steadfast resolve and personal integrity

- Exceptional verbal, written, and visual communication skills

- Understanding of advanced accounting, regulatory issues, and tax planning

- Working knowledge of how to raise capital outside traditional lines of credit

Preferred skills and qualifications:

- Masters degree (or equivalent experience) in accounting, business accounting, or finance

- International finance experience

- Experience in mergers and acquisitions and investor relations

- Executive experience with SaaS business models and their associated revenue recognition

- Professional certification (ex: Certified Public Accountant)