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23/05 Soumitra Banerjee
Senior Manager at TrustKlub Consulting Pvt. Ltd.

Views:780 Applications:278 Rec. Actions:Recruiter Actions:72

Chief Financial Officer - Conglomerate - CA (20-25 yrs)

Kolkata Job Code: 1099324

CHIEF FINANCIAL OFFICER - BUSINESS CONGLOMERATE - CA


At present we are having an opening for CHIEF FINANCIAL OFFICER (CFO) for a reputed business house in Kolkata.


Position Reports to MD & CEO

Key Relationships CEO, Unit Heads, Unit Finance Heads, Banks, Investors, Key vendors

Location : KOLKATA

QUALIFIED CHARTERED ACCOUNTANT IS MUST

Main Objective of the Role : The position is responsible for the financial management of the company. The incumbent shall assist the CEO and work closely with the Unit Business Heads on strategic and operational are as pertaining to business planning and budgeting, funding, cost management and financial performance of the Business. The incumbent will also be responsible for all Compliance ,legal, taxation and audit related matters for all the SBU's.

KEY RESPONSIBILITIES :

1. Support the Business through functional leadership : Develop financial plans to support the strategy and business goals of the Business, in partnership with the CEO and work closely with Business Heads , Finance teams of all business verticals to develop and validate budgets and Capex/Opex in accordance with their Annual Operating Plans. Be the custodian and controller of the budget on an on-going basis and alert management to all deviations and risks to the achievement of financial projections. Support business in preparing a remedial plan to offset all likely target risks and shortfalls.

2. Financial Operations Excellence : Ensure timely and efficient finance transactions (payments, collections and receivables) as per defined TATs and brand promises to internal and external customers. Create and manage detailed trackers for ensuring that transaction processing and payments are done on time.

3. Generate revenue and savings uplift for the Business : Identify opportunities for the uplift of EBITA by focusing on both revenue and cost levers. Identify and execute cost reduction initiatives in collaboration with other functions to bring down indirect (e.g. Innovative transaction modeling for Key supplies ,Green Financing , Monetizing Carbon credits, Optimizing Admin expense) and other operating costs

4. Treasury Management : Ensure optimum cash flow : Liaise with banks for loan extensions and interest rates, and with promoter companies for CAPEX funding requirements. Conduct effective treasury management activities to improve the cost of funding. Ensure adequate liquidity for the business through effective cash management (both day-to-day and for the short/medium term)

5. Drive comprehensive MIS and financial reporting : Ensure centralized and accurate Financial reporting from the system . Ensure that reports are prepared with accuracy and shared in a timely manner. Identify gaps in target achievement and coordinate with functions to initiate corrective action. Provide analytics and insights to management that can support business and commercial decisions

6. Risk Management & Compliance : Create plans for mitigating risk areas. Drive high compliance with SOPs, policies and SLAs across the function

7. Review, align and automate all Finance processes, SOPs and policies: Review all Finance SOPs, DOP and SLAs in line with best practices. Ensure that all processes are supported by a framework of documented policies. Ensure that policies are communicated to all staff, doctors, vendors and suppliers. Stabilize SAP-Fin and HIS interface issues. Ensure high quality output from the IT systems vendor taff costs and productivity norms. Drive functional capability through rigorous functional and behavioral training for teams. Ensure that leaders complete all managerial responsibilities toward their staff including setting goals, completing appraisals, participating in their growth and skill development and maintaining overall engagement

8. Staffing & Capability Building : Ensure optimum staffing and skills levels for the Finance function in line with service promises of OPIL and support staff costs and productivity norms. Drive functional capability through rigorous functional and behavioral training for teams. Ensure that leaders complete all managerial responsibilities toward their staff including setting goals, completing appraisals, participating in their growth and skill development and maintaining overall engagement

9. Be a responsible corporate citizen : Adhere to all organizational policies and procedures (e.g. code of conduct, employee policies, etc). Support management with financial analytics and insights for making sound business decisions. Build a solid rapport with key stake holders and consultants and be a collaborative member of the leadership team. Display role model behaviours as a leader of the organization and create impact in all professional interactions

Experience : Around 20 -25years of experience in the Finance function of reputed Indian/MNC organizations, out of which 1 -2 years as Head Finance/CFO of a medium sized organization. Should have Corporate Office experience as a Financial Controller of multi SBU units in a services organization

Knowledge and Specific Skills : Knowledge of Digital Finance, Financial Controls and Processes, Accounting & Book Closure, Treasury, Audit , Taxation laws and Strategic Planning. Knowledge of Trust related Taxation laws would be a desirable experience.

Women-friendly workplace:

Maternity and Paternity Benefits

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