Little Italy - Pune, India - Little Italy Express Food Pvt Ltd.
Description
Provides leadership in the development for the continuous evaluation of short and long-term strategic financial objectives
Ensure credibility of Finance group by providing timely and accurate analysis of budgets, financial trends and forecasts
Direct and oversee all aspects of the Finance & Accounting functions, all Statutory compliance's of the organisation
Evaluates and advises on the impact of long range planning, introduction of new programs/ strategies and regulatory action
Establish and maintain strong relationships with senior executives so as to identify their needs and seek full range of business solutions
Provide executive management with advice on the financial implications of business activities
Manage processes for financial forecasting, budgets and consolidation and reporting to the Company
Provide recommendations to strategically enhance financial performance and business opportunities
Ensure that effective internal controls are in place and ensure compliance with GAAP and applicable federal, state and local regulatory laws and rules for financial and tax reporting
Devising methods and systems to stop revenue leakages and strict cost controls and waste management
Manage and develop relations with key investors, bankers and all stakeholders
Overall monitoring of total finance function of all group companies
Manage and oversee the daily operations of the accounting department
Process month and end year process
Manage accounts payable/receivable, payroll and utilities, treasury & banking, budgeting, cash forecasting
Coordinate and complete annual audits, liaison with auditors
Provide recommendations to improve internal control systems and procedures and initiate corrective actions
Establish and enforce proper accounting methods, policies and principles
Assign projects and direct staff to ensure compliance and accuracy
Monitoring and controlling Cash Flow, drive DSO (AR) and DOS ( Inventory) reduction
Overseeing all regulatory & tax compliances
Contributing in financial strategy
Liasoning with banks and other financial institutions
FP&A for all the businesses, Present MIS to the management and analyze and advise critical areas
Preparing Annual operations plan (AOP) / Budgets for the group
Reviewing Contract Terms & Conditions
Advising business on pricing & commercial decisions
Manage EBITA and cash flow improvement decisions
Reporting to Group MD
Revenue and expenditure variance analysis, capital assets reconciliations, check runs, fixed asset
activity, debt activity etc
Audit and review of Franchise outlets, financial statements and reports of company owned outlets as
well as franchise outlets
Strategic Investment Planning :
Determining and reviewing the company's direction for short and long term goals & expansion as well as diversification plans and accordingly forecasting investment requirements and their timelines
Formulating a multi phased strategy towards equity dilution and/or syndication of debt in order to
meet the immediate and far future investment needs of the company
Formulating and spearheading a comprehensive Investor Outreach and Communication strategy,
designing and updating an exhaustive IM and Investor prospectus
Designing and updating an integrated Due Diligence, spearheading the Due Diligence and Term Sheet negotiation process with potential investors from time to time
Determining and devising a sustainable strategy for suitable deployment of funds raised by way of equity dilution/debt syndication, defining a stringent protocol aimed towards ensuring optimum financial prudence and discipline with regard to the expansion and diversification plans of the company
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