Swara Fincare - Gurugram, India - Swara fincare

    Swara fincare
    Swara fincare Gurugram, India

    3 weeks ago

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    Description
    Chief Financial Officer


    As the Chief Financial Officer (CFO) at Swara Fincare, you will play a pivotal role in overseeing and managing the financial operations of the organization.

    Reporting directly to the MD & CEO, you will be responsible for providing strategic financial leadership, driving financial performance, and ensuring compliance with regulatory standards.

    This position requires a seasoned financial professional with a strong background in accounting, finance, treasury, and leadership Develop and implement financial strategies, plans, and budgets to support the company's growth objectives.


    • Strategic planning, budgeting, and reporting ensure preparation of strategic plans, budgets and forecasts, ensure financial viabilities of business transactions, and ensure robust management information systems are in place.
    • Assess organizational performance against both the annual budget and longterm business strategy. Develop tools and systems to provide critical financial and operational information and make actionable recommendations on both strategy and execution plans.
    Financial Planning and Analysis:


    • Conduct thorough financial analysis, forecasting, and modelling to provide insights and recommendations to the executive team.
    • Monitor key financial metrics and performance indicators, identifying areas for improvement and risk mitigation.
    Accounting and Reporting:


    • Oversee all aspects of accounting operations, including general ledger, accounts payable/receivable, payroll, and financial reporting.
    • Ensure timely and accurate preparation of financial statements, regulatory filings, and management reports in compliance with applicable accounting standards and regulatory requirements.
    • Establish and maintain robust internal controls to safeguard company assets and ensure compliance with financial policies and procedures.
    Treasury Management:


    • Develop and execute treasury strategies to optimize cash flow, liquidity, and working capital management.
    • Manage relationships with banks and financial institutions to secure funding, negotiate credit facilities, and optimize investment opportunities.
    • Monitor and mitigate financial risks, including interest rate, foreign exchange, and credit risks, through effective hedging strategies.
    Reporting to Board of Director:


    • To provide to the board of directors' insight on the company's performance.
    • To get the budgets and CAPEX projects approved and present the company's strategy.
    Monitor Regulatory Committees:


    • Forming respective committees as per the regulatory requirements and ensures their attendance at relevant regulatory committee meetings, such as those focused on compliance, risk management, or governance.
    • Actively participate in discussions, providing financial insights and perspectives on regulatory matters.
    • Disseminate relevant information from regulatory committee meetings to appropriate stakeholders within the organization, including executive management and relevant departments.
    Compliance and Regulatory Governance:


    • Stay abreast of regulatory developments and ensure compliance with relevant laws, regulations, and industry standards.
    • Collaborate with legal and compliance teams to address regulatory requirements and implement effective risk management practices.
    Internal and External Audit:


    • Lead internal, external audits and Due diligence, ensuring timely resolution of audit findings and recommendations.
    Stakeholder Management:


    • Liaise with auditors, regulators, and other external parties to ensure compliance and transparency in financial reporting.
    • Represent the company with investment bankers and investors.
    • Liaison with Banks, Financial Institutions. related parties and other Government authorities.
    • Dealing with Banks for effective and smooth operations.
    Leadership and Team Development:


    • Provide strong leadership and mentorship to the finance and accounting team, fostering a culture of accountability, collaboration, and continuous improvement.
    • Recruit, develop, and retain top talent, promoting professional growth and succession planning within the department.
    • Foster strong crossfunctional partnerships with other departments to drive organizational goals and initiatives.
    Required Skill Set:


    • Proficiency in fundraising, securing Series A/ B/ C/ D rounds in Funding.
    • Indepth knowledge of accounting principles, financial analysis, treasury management, and regulatory compliance.
    • Excellent analytical skills, attention to detail, and proficiency in financial modelling and analysis.
    • Strong understanding of NBFC regulations and reporting requirements.
    • Demonstrated leadership skills with the ability to inspire and motivate teams to achieve results.
    • Excellent communication, negotiation, and interpersonal skills.
    • Strategic thinker with a proactive and resultsoriented approach.
    • Ability to thrive in a fastpaced, dynamic environment and adapt to changing priorities.
    • Strong ethical values and commitment to integrity in all aspects of financial management.
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