Chief Financial Officer - BFSI/FMCG

Job Description:

- The CFO will 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

- 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

- 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