Chief Finance Officer - Gurgaon/Gurugram, India - iimjobs

    Iimjobs background
    Full time
    Description

    ROLES & RESPONSIBILITIES:

    Strategy, Planning and Management:

    • Develop short & long term financial strategy in support of company's strategic vision & goal
    • Design & Implement business planning strategies and undertake management of finances for the organization
    • Act as a strategic business partner and contribute effectively to evaluate long term business opportunities to maximize company profitability
    • Responsible for directing the organizational overall financial policies.
    • Incumbent will be responsible for raising funds, recommend investment strategy & implement policies as approved
    • Oversee all financial function including Accounting, Budget, Costing, MIS, Insurance, Tax & Treasury
    • Communicate, engage and interact with Board of Directors, CEO, COO and Executive Leadership Team.
    • Maintain outstanding banking relationships and strategic alliances with Investors, and business partners
    • Oversee and recommend Group synergy for policies, procedures and processes as deemed appropriate by senior leadership team.
    • Evaluate & Manage IPO, Merger, Demerger & Acquisitions
    • Effective implementation of risk management policies and corporate governance. Provide policy guidance and recommendations on key financial issues.
    • Analyze and review business performance indices, evaluate performance variations and guide creation of alternative approaches towards achieving business results
    • Establish Metrics and ratios to track & monitor business performance.
    Financial Analysis, Budgeting and Forecasting

    • Prepare and present monthly financial budgeting reports including monthly profit and loss by division, forecast vs. budget by division and weekly cash flow by division.
    • Develop and maintain monthly operating budget and annual company operating budget for each entity of Group
    • Oversee the preparation and communication of weekly, monthly and annual financial statements
    Accounting, and Operations

    • Supervise the accounting department to ensure the proper functioning of all systems, databases and financial software. Provide regular maintenance and backup of all accounting systems and supervise company financial staff.
    • Ensure timeliness and accuracy of financial and management reporting data for federal funders, foundations, investors and company's board of directors.
    • Serve as a key point of contact for external auditors; Manage preparation and support of all external audits.
    • Manage cash flow planning process and ensure funds availability.
    • Oversee cash, investments and asset management area.
    Taxation & Audits

    • Minimize tax and import duties paid within tax laws/ requirements, including income tax planning and calculation, statements and reports as well as handling of other taxes (e.g. GST, VAT, withholding tax, TDS,) and duties.
    • Oversee the preparation and timely filing of all local, state and tax returns.
    • Manage Internal & External audits for Business Units
    Regulatory & Compliance

    • Assure legal and regulatory documents are filed and monitor compliance with laws and regulations
    • Ensuring compliance with applicable domestic law and regulations. in particular, account activity
    • Ensuring compliance with internal policies, including compliance with ethics policy and implementation of whistleblowing procedures
    • Responding to regulatory findings, deficiencies and violations, in conjunction with the chief of internal audit.

    Desired candidate profile:

    • Should be a CA with 810 years minimum experience as a Group CFO in a large manufacturing setup and has handled multiple business/ JVs/ Subsidiaries in India in a family owned organization (International Business / Treasury/ Personal (Family) Accounts is out of the purview of this Position)
    • Ability to lead teams and add values across business constructively
    • Outstanding knowledge and understanding of GAAP, IFRS, SOX compliance and SEC reporting.
    • Excellent analytical, reasoning and problemsolving skills
    • Significant experience working with external auditors, internal controls and compliancerelated issues.