Chief Financial Officer - BFS - CA

Position Overview: The Chief Financial Officer (CFO) is a key executive responsible for overseeing the financial strategy, planning, and management of the company. This role requires a seasoned financial professional with a deep understanding of the BFSI industry, regulatory environment, and the Indian financial landscape. The CFO will play a crucial role in driving financial growth, ensuring regulatory compliance, and optimizing financial performance.

Key Responsibilities:

1. Financial Strategy and Planning:

- Develop and execute the financial strategy aligned with the overall business objectives.

- Lead the annual budgeting and forecasting processes.

- Assess financial risks and opportunities, providing strategic recommendations to the CEO and board.

2. Financial Reporting and Analysis:

- Oversee the preparation of accurate and timely financial statements, ensuring compliance with accounting standards and regulatory requirements.

- Conduct in-depth financial analysis to support decision-making processes.

- Present financial reports to the executive team and board of directors.

3. Treasury and Cash Management:

- Manage liquidity, cash flow, and investment strategies to optimize financial performance.

- Establish and maintain relationships with financial institutions.

- Implement effective treasury and cash management policies and procedures.

4. Regulatory Compliance:

- Stay abreast of changes in regulatory requirements and ensure the organization's compliance with relevant financial regulations in the BFSI industry.

- Collaborate with legal and compliance teams to mitigate regulatory risks.

5. Financial Controls:

- Implement and monitor internal financial controls to safeguard company assets.

- Identify and mitigate financial risks

- Ensure compliance with internal policies and procedures.

6. Strategic Financial Decision Support:

- Provide financial insights and analysis to support strategic decision-making.

- Evaluate potential business opportunities and assess their financial viability.

- Collaborate with other executives to align financial goals with overall business strategy.

7. Company Secretarial Function:

- Supervise the Company Secretary function, ensuring compliance with statutory and regulatory obligations.

- Oversee the maintenance of statutory records, board meeting processes, and corporate governance practices.

- Act as a liaison between the executive team and the board of directors, facilitating effective communication.

8. Team Leadership:

- Build and lead a high-performing finance team.

- Foster a culture of accountability, continuous improvement, and professional development.

- Provide mentorship and guidance to finance team members.

Qualifications:

- Chartered Accountant (CA) or MBA in Finance from a reputable institution.

- Proven experience as a CFO or in a senior financial leadership role within the financial services industry.

- In-depth knowledge of Indian financial regulations and BFSI industry practices preferred

- Strong analytical and strategic thinking skills.

- Excellent communication and interpersonal skills.

- Ability to thrive in a fast-paced and dynamic environment.