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Managing Director at Options Executive Search Private Limited
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Chief Financial Officer - Electrical Appliances (10-20 yrs)
Our client is the largest manufacturer of Fans in India, with 8 factories in India
As a member of the senior leadership team, the CFO will serve as a credible, knowledgeable and trusted resource to the MD.
The CFO will lead the Finance team. Specific Duties and Essential Functions:
- Partner with the MD and other senior leaders on operational and strategic issues as they arise; provide strategic recommendations based on financial analysis and projections, and revenue/expense analysis.
- Develop and promote a framework to drive financial acumen and accountability across the organization; provide timely and meaningful analyses and reporting to operational leaders.
- Oversees all financial transactions, including billing, finance, accounting and reporting.
- Prepare materials and present, as necessary, financial information to MD. Prepare and communicate monthly and financial statements.
- Collaborate with unit heads on developing the operating budget. Oversee long-term budgetary planning and cost management in alignment with the strategic plan.
- Provide timely and accurate analysis of budgets, financial reports, and financial forecasting.
- Lead and coordinate an integrated financial planning process which includes inputs from sales, products and operational expense units.
- Develop and maintain appropriate product level models to ensure adequate pricing coverage and enhance decision making.
- Provide financial discipline and business decision support to evaluate long term and short term strategic business opportunities.
- Develop and monitor policies and procedures within general accepted accounting principles (GAAP) and corporate guidelines to ensure sufficient cash flow, reduce operating costs, and increase revenues. Maintain general ledger structure, chart of accounts, policies and procedures to enable financial statement preparation and compliance with all required financial audits.
- Responsible for facilities and asset management of the organization.
- Advise on contract negotiations from a financial impact perspective.
- Maintain external relationships with banks, auditors, and third party vendors.
- Other responsibilities and projects as assigned Qualifications
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