Chief Finance Officer

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 whistle-blowing procedures

- Responding to regulatory findings, deficiencies and violations, in conjunction with the chief of internal audit.

Desired candidate profile:

- Should be a CA with 8-10 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 problem-solving skills

- Significant experience working with external auditors, internal controls and compliance-related issues.