A Leading Textile company is looking for a CFO based in the Mumbai office  The CFO must play a key role in developing, monitoring and evaluating overall corporate strategy with the CEO and other key managerial personnel with an emphasis on bottom-line performance, working-capital, liquidity and enhancing shareholder value. The financial insights provided by the CFO will enable the senior management team make more informed decisions about formulating and executing both long-term and short-term strategy.   The CFO will interact and monitor all aspects of the company and will be treated as a trusted business advisor by the senior management team. The CFO will not only be expected to provide the executive team with key financial information, strategy suggestions and operational analytics, but will also be responsible for driving a culture of performance and accountability throughout the organization, expected to add value to daily business operation and report well-substantiated views to the senior management.  Financial Strategy  - Provide financial insights to enable the management team to make better decisions about formulating and executing business strategy  - Establish, monitor and continuously improve internal control processes required to manage, improve and grow the business  - Anticipate and mitigate problems  Cash Flow Management  - Responsible for day-to-day banking liaising, including but not limited to, handling fund based and non-fund based limits, negotiating the cost of finance etc.  - Manage financial capital; communicate capital requirements/ implications of business decisions to key managerial personnel  - Conduct meaningful proactive analysis to improve key business decisions focusing on management of working capital  - Arrange for debt and equity financing  - Grow equity value - increase gross profit and reduce debt  - Ensures efficient capital expenditures   - Manage foreign exchange for exports  - Invest funds  Financial Reporting :   - Issue timely and complete financial statements  - Coordinate the preparation of the corporate annual report, balance sheet etc.  - Recommend benchmarks against which to measure the performance of company operations  - Calculate and issue financial and operating metrics  - Manage the production of the annual and monthly budget and forecasts  - Calculate variances from the budget and report significant issues to management  - Provide for a system of management cost reports  - Provide financial analyses as needed, in particular for capital investments, pricing decisions, and contract negotiations  Compliance :   - Ensure that the company is compliant with all regulations given that it is a public listed company traded on the Bombay Stock Exchange (Companies Act, SEBI etc.)  - Coordinate the provision of information to external auditors for the annual audit  - Monitor debt levels and compliance with debt covenants  - Comply with local, state, and national government reporting requirements and tax filings  Risk Management :   - Understand and mitigate key elements of the company's risk profile  - Monitor all open legal issues involving the company, and legal issues affecting the industry  - Construct and monitor reliable control systems  - Maintain appropriate insurance coverage  - Ensure that the company complies with all legal and regulatory requirements  - Ensure that record keeping meets the requirements of auditors and government agencies  - Report risk issues to the key managerial personnel  - Maintain relations with external auditors and investigate their findings and recommendations

Mumbai

Chief Financial Officer - BFSI 

Chief Financial Officer - BFSI  ,Job Description for Chief Financial Officer - BFSI  in Haachi Business Solutions in  Mumbai for (12-20) years of experience. Apply Now!

Job Description for Chief Financial Officer - BFSI  in Haachi Business Solutions in  Mumbai for (12-20) years of experience. Apply Now!