Chief Financial Officer - Finance & Accounts - Export/Import

Desired Skills / Competencies :

- Candidate must be fully conversant with Finance & Accounts activities includes Budgeting, Forecasting, Cost & Credit Control, Margin Analysis, Costing & Profitability Analysis and Management Reporting

- Candidate must be very well versed in dealing with Banks and Financial Institutions

- Knowledge of innovative Financing Structures and Funding Mechanisms.

- Candidate should be smart and articulate with good communication and presentation skills.

Key Skills :

- Good Communication & IT Skills

- Aware of Export / Import Functioning

- Team player with leadership skills

- Impressive & expressive

- Proficient to handle a team more than 15 people

- Must have minimum 8-10 years- experience in export industry

- Age Bracket : Max.50

Roles & Responsibilities :

A. Corporate Planning & Systems :

- Involved in corporate planning during organizational restructuring at all levels

- Overall business performance review.

- Assess critical business and non-performance area and advise with recommendations the measures.

- Evaluate credit policies, payment terms with buyers & suppliers.

- Evaluate & recommend the feasibility of new projects and its funding.

- Create reserves out of internal accrual & monitor it regularly.

- Involved in formulation of various systems, policies, procedures, commensurate with the need of the company

- Involved in Financial projections of collaborations / joint ventures envisaged.

B. Finance :

- Budgeting, Forecasting, Cost & Credit Control, Margin Analysis, Costing & Profitability Analysis and Management Reporting

- Establishes finance operational strategies by evaluating trends; establishing critical measurements; determining production, productivity, quality, and customer-service strategies; designing systems; accumulating resources; resolving problems; implementing change.

- Develops organization prospects by studying economic trends and revenue opportunities; projecting acquisition and expansion prospects; analyzing organization operations; identifying opportunities for improvement, cost reduction, and systems enhancement; accumulating capital to fund expansion.

- Develops financial strategies by forecasting capital, facilities, and staff requirements; identifying monetary resources; developing action plans.

- Monitors financial performance by measuring and analyzing results; initiating corrective actions; minimizing the impact of variances.

- Maximizes return on invested funds by identifying investment opportunities; maintaining relationships with the investment community.

- Reports financial status by developing forecasts; reporting results; analyzing variances; developing improvements.

- Preparation and submission of applications to Financial Institutions for financial assistance in form of Term Loans, Short Term Deposits and timely follow up for necessary sanctions, documentations and disbursements

- Procurement of Foreign Exchange Loans under different lines of credit and arranging guarantees from Financial Institutions for foreign currency loans in favor of foreign lenders

- Surplus Fund Management in terms of placement of inter-corporate deposits to Corporate

C. Banking and Working Capital :

- Preparation and appraisal of working capital proposal

- Fixing up arrangements of working capital

- Bill Discounting and L/C backed Bill discounting at competitive interest rates

- Arranging Letters of Credit and Bank Guarantee

- Arranging Supplier's Credit and Buyer's Credit

- Placement of commercial papers

- Liaisoning with Senior Officials of Banks, Financial Institutions, Finance Companies, Mutual Funds, etc.

D. Accounts & Audit :

- Finalization of accounts, divisional & branch accounting

- Attending statutory auditors, internal auditors

- Stores/ Materials accounting

- Tax audit details preparation

- Computerized accounting

- Debtors management and credit control

- Accounting Standards and their implementation

- Insurance Portfolio

E. Taxation :

- Tax planning & management, GST, Advance Tax, Income Tax, etc.

- Assessing TDS of employees, deductions and deposition.

- Vendors/Suppliers/Contractors: Deduction, deposition, timely filing of returns TDS.

- Preparation and review of contracts, legal documents, all types of agreement including JV, MOU etc.

- Interaction with advocated on taxes, forms and ensure the work done.

- Oversee Filing of returns and attending tax authorities for assessments and appeals

F. Commercials & Insurance :

- Day to day monitoring of all export & import transactions.

- Monitor documentation, negotiation and inward remittances.

- Ensure proper classification of export goods to optimize drawbacks and realization.

- Monitoring & keeping all Insurance policies active and negotiation for better rates.

G. Financial Analysis, Costing, MIS :

- Regular review of pricing and costing of products in coordination with marketing and procurement department. Set up the standards for overheads, profitability and monitor the actuals.

- Buyers wise and product wise Gross margin analysis, variance analysis and report to be submitted before to management on monthly basis.

- Preparation of budget.

- Timely submission of MIS like cash flow, receivables, payables and etc.