The position of CFO - India will be in charge of the over all financial reporting and management of the subsidiary covering all facets of finance and accounting operations.  - Acts as advisor to local management regarding overall financial performance of the company and gap analysis, cost efficiencies, potential internal control weaknesses with identified recommendations.  - Ensure statutory reporting and tax compliance of the subsidiary.  - Preparation of all management reports, budgets and quarterly results review.  - Treasury Management - liaison with bank and other financial institution; ensure subsidiary has adequate cash to run its operations  - Credit Management - ensure accounts receivable are in current status at all times.  Identifies and manages credit risks.  - Maintenance of accounting records; ensures bookkeeping is maintained within the corporate accounting framework.Management of local team - empowering team members, coaching and training the team to deliver accurate reports promptly.  Duties & Responsibility  To manage and strengthen the financial accounting function to ensure accurate and relevant financial and management information is provided to HO management to control and plan the future business growth and direction of the company.  To provide broad financial strategic support to the CEO.  Finance & Accounting  Supervise and maintain an efficient financial accounting section, providing direction to all accounting support staff to enable the preparation of accurate financial information  To oversee the preparation of monthly, quarterly and annual financial reports, ensuring compliance with local and headquarters' reporting and statutory requirements and adhering to tight time schedules.  To critically review the monthly and quarterly financial statements, and presenting the financial data to the CEO.  Ensure that the accounting systems incorporate proper accounting principles, standards and classifications to assure prompt, accurate, complete and consistent recording and reporting of data as required for information, control and decision -making purposes  Planning and Budgetary Control  To assist the CEO in the preparation of the Business Plan  To advise on the financial aspects of future growth plans and ensure that basic financial principles are enforced  To prepare an annual budget, incorporating an operational budget, cash, forecast, revenue forecast and capital expenditure budget, ensuring the business environment and internal operating conditions are monitored for the purpose of updating the budget.  To oversee a budgetary control system whereby actual performance data is routinely collected and reported against approved budgets, and thereafter analyses are made of the variances  Financial Policies, Systems and Procedures  To institute and strengthen financial and managerial controls, critically evaluating existing management reporting systems and continually improving these systems to provide enhanced quality of information with minimum support  To ensure all systems developed, both computerised and non-computerised, are sufficient to support the planned expansion of the operations in terms of the increased volume of transactions, and the continual need to provide management with timely, accurate and comprehensive management information  Working Capital, Balance Sheet & Treasury Management  Review all Bank reconciliation's and prepare cash forecasts advising the Managing  Director of any action required  To control debtors and cash collections  Manage the other principal balance sheet accounts (provisions etc.) and ensure that these accurately reflect the period-end balances  To ensure that adequate financing and banking facilities are available and interest rates on overdrafts and general banking facilities are optimized and funds most advantageously utilised  Third Party and Statutory Reporting  To maintain contact with external auditors to ensure accurate annual accounts are finalized and cleared to the required time schedule: discussing with them any proposed changes to financial systems / procedures required and the effect of any current accounting and taxation pronouncements  To compile all tax computations in accordance with the provisions of the Inland Revenue  Note : Please apply, only if you have minimum 12- 15 years of experience in framing & executing Strategies for overall Finance, reporting, Treasury, Taxation, compliance and cash flow in IT industry

Mumbai

Chief Financial Officer - IT 

Chief Financial Officer - IT  ,Job Description for Chief Financial Officer - IT  in Skillventory in  Mumbai for (15-20) years of experience. Apply Now!

Job Description for Chief Financial Officer - IT  in Skillventory in  Mumbai for (15-20) years of experience. Apply Now!