Core competence for VP - Finance, (on high precedence)  - Corporate lending  - Fund raising (Debt & equity )  - Budgeting  - Should have knowledge of Treasury function as well.  - Should be qualified CA or MBA - Tier I & II college  Accountability Key Activities:  - Ensures adherence to department budget so as to avoid overspill of budgeted costs  - Provides inputs to CFO for preparation of the annual Finance budget  - Tracks expenses versus budgets and highlights variances (if any)  - Develops and maintains relationships with external funding partners to ensure a timely supply of funds meeting the annual projections of the organization  Guides team to achieve the same:  - Uses internal and external sources to identify potential lenders  - Verifies current organizational status with each of these sources  - Reaches out to these sources with the objective of either starting a new relationship or nurturing existing ones  - Takes commitments from potential partners against the organizations annual projection  - Guides team members involved in similar relationship building roles  - Acts as a trouble shooter for all operational issues   - Ensures a continuous organization and department focus on procuring funds in the most efficient form and reducing the cost of funds procured  - Conducts research to identify market benchmarks for cost of funds within and outside the sector  - Explores new potential alternative structures to beat the benchmark pricing  - Ensures restructuring of existing debt to meet new pricing benchmarks  - Negotiates on all financial covenants and pricing to safeguard the financial interests of the organization  - Obtains approvals of senior management / EC as and when required  - Provides effective process guidance to team to ensure adherence to all pre and post disbursement conditions relating to funds procurement   - Ensures preparation of monitoring mechanisms including options of automating the same  - Ensures that the pre disbursement documents are examined by departments like Corporate Affairs, Legal  - Obtains approvals of senior management / EC as and when required  - Coordinates with MIS department to ensure availability of data for compliance of pre and post disbursement conditions  - Follow ups done by Direct Reports  - Ensures flow of funds to the Treasury department as per the annual projections  Ensures timely and accurate provision of information and/or MIS to external stakeholders to satisfy their requirements  - Liaisoning with external agencies / government bodies to promote good will for the organization  - Checks accuracy of (as per bankers formats) and ensures all ongoing reports to external stakeholders (Funding agencies, investors) are submitted on time  - Coordinates with different departments (specially MIS) to ensure that data is submitted on time  - Responsible for recruitment, retention, skill development, growth and satisfaction of team - Creates a recruitment plan for the department, and ensures recruitment happens as per plan  - Ensures appropriate training and development interventions  - Conducts timely and transparent appraisals  - Conducts monthly 1:1s with direct reports  - Actively manages vertical and horizontal career development of team   - Conducts semi-annual skip level 1:1s with all indirect reports  Meetings:  - Weekly Update meeting with CFO  - Monthly review meeting - with direct reports  - Quarterly review meeting for all HODs / ZMs

Hyderabad

Spandana Sphoorty - VP - Finance 

Spandana Sphoorty - VP - Finance  ,Job Description for Spandana Sphoorty - VP - Finance  in Spandana Sphoorty Financial Limited in  Hyderabad for (7-16) years of experience. Apply Now!

Job Description for Spandana Sphoorty - VP - Finance  in Spandana Sphoorty Financial Limited in  Hyderabad for (7-16) years of experience. Apply Now!