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08/02 Arun Yadav
Director at MacroHire

Views:2679 Applications:501 Rec. Actions:Recruiter Actions:17

Chief Finance Officer - NBFC/Lending Firm (10-20 yrs)

Mumbai Job Code: 1217859

Our client is looking for a CFO, Mumbai Location

About the company:

The company is creating India's most loved consumer Fintech brand. They are customer-obsessed and employee-centric. They use technology to create experiences that are loved by our customers. Their products are created with thorough research and attention to detail They aim to create magic.

Founded in 2000, the company serves over 2 million borrowers and small businesses across 13 countries. They also work with Banks, Investors, Funds, and Fin-tech firms to service markets that are overlooked or underserved.

Purpose:

The position is responsible for developing and leading the execution of the Finance function, including strategic planning and execution of the business plan, management of short-term and long-term financial resources, cash flow planning, accounting, audit, tax compliance, regulatory and statutory compliance, budgeting, forecasting and financial MIS.

Key Result Areas:

Strategy:

- Review the Company's performance continuously versus the business plan and the Company's long term strategy

- Develop tools and systems to provide critical financial and operational information to the CEO

- Engage the Board's audit and other committees on financial delivery

- Establish, implement, monitor and review monthly / quarterly / half-yearly / yearly objectives and goals for the Company

- Build highly effective systems, processes, policies and procedures to mitigate financial and other risks

- Be responsible for asset liability management and support Treasury to meet the objectives in this respect, with minimal gaps

- Budgetary planning and cost management in alignment with the Company's strategic plan.

Financial and Operational Management:

- Enable on-time disbursements to customers and dealers, assist in recoveries and develop processes, policies and procedures in this behalf

- Resource planning and mobilization in line with requirements of the Company. Plan, implement and review budgets, accounts and taxation requirements of the Company

- Ensuring compliance with appropriate Accounting Standards, regulatory and statutory

- Manage cash flows and forecasting

- Optimize the handling of banking relationships, in close coordination with the group Treasury

- Be responsible for budgeting and implementation of budgets so as to monitor progress and present financial metrics both internally and externally

- Monitor the Company's performance continuously in keeping with the business plan and guidelines laid down by CEO

Compliance:

- Drive the effective implementation of sound controls in accordance with the Finance Process and Procedures and the local market regulatory environment.

- Create, implement and enforce a culture of compliance in the Company.

- Develop, implement and continuously review a high degree of internal controls, checks and balances and safeguards

- Be responsible for filing of tax returns of the Company on time and perfectly

- Be responsible for the effective conduct and completion of statutory, tax and other audits

- Be responsible for the completion of tax filing and compliance

- Build a highly effective IT-enabled environment in Finance

- Vetting of financial plans and other financial reporting relating to entire operations before submission to CEO

Others:

- Act as a cultural ambassador, constantly communicate and demonstrate the way and Code of Conduct

- Cooperate with other business areas, especially with their Finance Controllers in meeting company-wide objectives

- Perform other special or non-routine tasks as assigned

Education & Experience:

- CA or MBA (Finance). Additional qualifications / training programs attended in the area of Management will be an added advantage.

- Minimum 15 years related experience in the financial services or in the finance function of reputed companies in India or abroad.

- 5 to 7 years in NBFC or Lending Firm.

- Demonstrated ability / track record of managing relationship with banks and resource mobilization

Competencies & Skills:

- Outstanding analytical skills

- Ability to take decisions, rational judgment and demonstrated execution track record

- High level of performance with uncompromising standards of integrity

- Ability and proven track record to communicate effectively with all the stakeholders involved, including at very senior levels such as the Board of Directors

- Ability to interact comfortably at all levels in the organization

- Outstanding written and verbal communication and presentation skills in English

- An energetic go-getter, motivator and creative individual with high work ethics

- Ability to see the "big picture" and help implement the company's strategy as a team player

- Proven ability to manage multiple projects/issues and stay focused

- Target-driven, self-motivated and willing to take responsibility

- Proficiency in the use of MS Office application

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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