DESIGNATION - CFO   ROLE DEFINITION -   Responsible for group finance, audit & taxation, fund raising and risk management   REPORTING RELATIONSHIPS : Chairman - GROUP FINANCE   1. Assist in formulating the company's future direction and supporting tactical initiatives  2. Monitor and direct the implementation of strategic business plans  3. Develop financial and tax strategies  4. Manage the capital request and budgeting processes  5. Develop performance measures that support the company's strategic direction  6. Participate in key decisions as a member of the executive management team  7. Maintain in-depth relations with all members of the management team  8. Manage the accounting, investor relations, legal, tax, and treasury departments  9. Oversee the financial operations of subsidiary companies and foreign operations  10. Manage any third parties to which functions have been outsourced  11. Oversee the company's transaction processing systems  12. Implement operational best practices  13. Oversee employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package  14. Supervise acquisition due diligence and negotiate acquisitions  15. Ensure finalization of accounts of the company and group companies  16. Preparation of notes to accounts  17. Consolidation of accounts and related matters  18. Providing financial data and obtaining necessary audit certifications for tendering of projects.  19. To provide the financial statements to BD teams / Auditors / Senior Management  20. Ensure timely preparation of monthly / quarterly financial statements for the company as a whole  21. To coordinate in the finalization of all joint venture Accounts  22. Ensure verification and payment of the bills received from vendors and suppliers  23. Ensure verification of travel expense bills submitted and ensure timely reimbursement wherever applicable  24. Ensure timely deposit of salaries to all employee  25. Ensure timely preparation of MIS reports including profitability, cash flow on a quarterly basis  26. Ensure timely preparation of balance sheet on a quarterly basis AUDIT& TAXATION  1. Managing Accounts & Audit (end to end) and handling all types of internal, external, statutory audits as a whole and on time compliance of all audit observations.  2. Direct & Indirect Tax related compliances, Payment, filing Tax Returns and handling Assessments & Appeals.  3. Ensuring tax planning, reconciliation of all tax related matters.  4. Ensure proper accounting has been made in a proper manner; the related records are updated and maintained.  5. Quarterly Book Closure of Accounts and annual Consolidation of Accounts.  6. Balance Sheet strengthening and Management.  7. Developing the team and take it to next level.  8. Reviewing Operations of Group Companies and analyzing Return on Investments.  9. Review of Internal Controls  10. ERP Implementation and Administration.  11. Analyse Business Operations, Profitability, Cost& Revenues, Financial Commitments.  12. Prepare Budgets and analyze Variances  13. Assessing Project viability, efficiency & profitability (Both Existing and new)  14. Contribution in Business strategy & long term plans.  15. Business forecasting duly factoring, among others, macro & micro economic conditions.  16. Strategic interventions for cost cutting and revenue augmentation.  17. Ratio & other analysis as a dashboard for management advisory  18. Risk management with focus on  a. Credit Risk  b. Vendors  c. Service Providers  19. Operational Risk  a. Legal Risk.  b. Reputation Risk.  c. Contingency Planning.  20. Disaster Recovery Management and Business continuity Planning.  21. Financial skill development.  22. Coordinating with statutory audit team for finalization of accounts in an orderly and timely manner  23. Proactive & leader in thought management. FUND RAISING  1. Finance function - Interface with Banks & other institutions. The role will be to work on the entire cycle starting from preparing detailed cash flows & proposal document, applying to such institutions & subsequent interface with officials in assisting for appraisal & documentation & disbursement of such facilities.  2. Fund raising through bank/PE, NBFC & etc.  3. Raising Funds and deals with bankers for raising funds for current and future projects. Support to top management in achieving the better top line, valuation & profitability  4. Coordination with concerned officials for both external & internal as and when required  5. To provide various Management Information Systems (reports and statements) and any other inputs are to be submitted on a weekly / fortnightly / monthly basis to the Management as per the requirement.  6. Debt servicing, monitoring reports, of the fund raised through bank/PE, NBFC etc.  7. All banking and liaison activities.  8. Organizing due diligence requirements to all investors / lenders  9. Compliance of terms and conditions of all sanctions of the lenders / investors.  10. To provide the financial statements to BD teams / Auditors / Senior Management  11. MIS Reporting - structured periodic reports- Project wise costing & profitability & one-off or situational reports for higher management decisions & policies. RISK MANAGEMENT  1. Understand and mitigate key elements of the company's risk profile  2. Monitor all open legal issues involving the company, and legal issues affecting the industry  3. Construct and monitor reliable control systems  4. Maintain appropriate insurance coverage  5. Ensure that the company complies with all legal and regulatory requirements  6. Ensure that record keeping meets the requirements of auditors and government agencies  7. Report risk issues to the audit committee of the board of directors  8. Maintain relations with external auditors and investigate their findings and recommendations SUBSIDIARY ACCOUNTS  1. Maintenance subsidiaries books of account  2. Finalization of subsidiary accounts  3. Ensure timely payment of remittance and filing of all statutory returns (TDS/Service Tax/Sales Tax/VAT) in coordination with tax department  4. Attending to auditors queries  5. Preparation of annual budget for subsidiaries  6. Monthly review of budget vs. actual  7. Request for funds for the month and forward to finance department  8. Ensure timely and accurate closure of all books of account  EDUCATIONAL QUALIFICATION -   FCA / ACA / ACS & Additional Qualification preferred   EXPERIENCE - 20+ Years

Chennai

Chief Financial Officer - Construction Firm 

Chief Financial Officer - Construction Firm  ,Job Description for Chief Financial Officer - Construction Firm  in Menschen in  Chennai for (20-25) years of experience. Apply Now!

Job Description for Chief Financial Officer - Construction Firm  in Menschen in  Chennai for (20-25) years of experience. Apply Now!