Repco Home Finance - Chief Financial Officer- Deputy General Manager/General Manager

Repco Home Finance Limited (RHFL) established in the year 2000, a housing finance company (HFCs), registered with National Housing Bank and regulated by Reserve Bank of India is inviting applications for RECRUITMENT OF CHIEF FINANCIAL OFFICER. POST CODE: CFO DGM/GM- JUNE 2024

Position: Chief Financial Officer- Deputy General Manager / General Manager

Location: Chennai

For DEPUTY GENERAL MANAGER:

1. Age not exceeding 45 years as on 01-06-2024 (relaxation up to 7 years can beconsidered based on commensurate, relevant prior experience).

2. Any Graduation in 10+2+3 format through regular, classroom course from an UGC recognized university followed by ACA /ICWA and/or MBA (Finance) from an UGC /AICTE recognized institution. In case of ACA/ICWA, 10+2 through regular classroom format followed by the professional qualification is also acceptable.

3. Minimum 16 years relevant experience (for age not exceeding 45 years) preferably in Accounts and Finance and taxation matters in HFCs/ Banks/NBFCs (including minimum 2 years in the cadre of Assistant General Manager or equivalent). For further age relaxation, commensurate additional

experience would be required. Experience in fund raising will be an added advantage.

For GENERAL MANAGER:

1. Age not exceeding 48 years as on 01-06-2024 (relaxation up to 7 years can be considered based on commensurate, relevant prior experience).

2. Any Graduation in 10+2+3 format through a regular, classroom course from an UGC-recognized university followed by ACA /ICWA and/or MBA (Finance) from an UGC /AICTE recognized institution. In case of ACA/ICWA, 10+2 through regular classroom format followed by the professional qualification is

also acceptable.

3. Minimum 18 years relevant experience (for age not exceeding 48 years) preferably in Accounts and Finance and taxation matters in HFCs/ Banks/NBFCs (including minimum 2 years in the cadre of Deputy General Manager or equivalent).

For further age relaxation, commensurate additional experience would be required. Experience in fund raising will be an added advantage.

Desired Profile:

1. Candidates have to specify in the Bio Data form for which position they are applying (Deputy General Manager/General Manager).

2. Fluency in English besides Tamil is must. Working knowledge of Hindi will be an added advantage. 3. Early joining will be preferred.

4. Should be ready to travel in case of necessity.

5. Candidates (internal-applying for lateral entry / external) having pending disciplinary action against them at the time of applying for the position or having been punished under disciplinary proceedings in last 5 years will not be considered eligible.

All appointments are subject to satisfactory reference / background verification.

Job Description:

1. Develop and implement financial strategies to support the company's business objectives and growth plans.

2. Provide strategic recommendations to the CEO and the Board of Directors based on financial analysis and projections, cost identification and allocation, and revenue/expense analysis.

3. Lead the budgeting, forecasting, and long-term financial planning processes.

4. Asset Liability Management and ensure a well-balanced borrowing mix.

5. Analyze financial performance against key business metrics and document pertinent financial highlights to enable management to determine progress against strategic/business plans.

6. Ensure timely and accurate preparation of financial statements, reports, and analysis in compliance with regulatory requirements and accounting standards.

7. Present financial reports to senior executives, stakeholders, and the Board of Directors.

8. Manage the company's capital structure, including debt and equity financing

9. Maintai relationships with investors, banks, and other financial institutions to secure funding and optimize the companys capital structure.

10. Ensure compliance with all financial regulations and standards, including those set by the Reserve Bank of India (RBI) and National Housing Bank (NHB).

11. Investor Relations, Treasury, and fund management: Ensure compliance with the investment policy and regulatory requirements, and timely submission of regulatory returns.

12. Tax: Ensure proper tax planning and compliance with tax regulations including direct taxes, GST, and TDS.

13. Oversee internal and external audits and ensure adherence to statutory and regulatory requirements.

14. Streamline and automate financial processes to enhance efficiency and accuracy.

15. Implement robust financial systems, controls, and procedures.

16. Lead and mentor the finance team, fostering a culture of high performance and continuous improvement.

17. Share required data to rating agencies as and when required, submit monthly declarations.

18. Build and maintain a high-performing finance function that supports the companys strategic goals.

Responsibilities:

- Ensure efficient cash management, control over expenses, and management of accounts payable and non-loan related receivables and ensure proper control systems are in place.

- Handling the entire disbursements and collections of the company by proper follow up in the Accounts and Branches team as well as up to date bank reconciliations.

- Asset liability management and ensure a well-balanced borrowing mix.

- Develop and maintain policies, process and systems for internal controls.

- Ensure timely preparation of financial statements in compliance with relevant

Accounting standards and regulatory requirements.

- Strategic planning, budgeting and reporting: Ensure preparation of strategic plans, budgets and forecasts and robust management information systems are in place.

- Deal with statutory auditors, internal auditors, tax consultants, banks, lenders, legal attorneys and regulators, as required.

- Investment, Treasury and fund management: Ensure compliance with the investment policy and regulatory requirements, timely submission of regulatory returns.

- Ensure proper tax planning and compliance with tax regulations including direct

taxes, GST and TDS.

- Assist the MD & CEO in the annual budgeting and preparing Repco Homes medium to long-term business strategy.

- Develop trackers to provide key updates to MD & CEO.

- Provide actionable recommendations consistent with Company objectives to enhance shareholder value.

- Oversee long-term budgetary planning and costs management in alignment with

Repco Homes strategic plan.

- Any other work as assigned by the Competent Authority from time to time

Key Competencies Required:

- In-depth knowledge of financial management, accounting, and regulatory requirements specific to the housing finance industry.

- Strong analytical and problem-solving skills.

- Excellent leadership and team management abilities.

- Exceptional communication and interpersonal skills.

- Proficiency in financial software and systems.

- Strategic thinker with a proactive and innovative approach.

- High integrity and ethical standards.

- Ability to work under pressure and meet tight deadlines.

- Strong business acumen and a deep understanding of the housing finance

market.

Pay and Perquisites:

Based on Current CTC + Attractive incentives.

PROBATION PERIOD: 1 year

How to Apply:

A. Eligible candidates are requested to apply only as per the enclosed bio-data format by post/ courier along with a detailed CV (word document). Applications sent in any other format will not be considered.