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P G Ganesh

Vice President/Partner at Perfect Placer Management Consulting

Last Login: 16 July 2024

Job Views:  
325
Applications:  143
Recruiter Actions:  3

Job Code

1418725

Chief Financial Officer - Global Finance & Administration Management - CA

18 - 25 Years.Chennai
Posted 1 month ago
Posted 1 month ago

- Our clients are leading MNC & Industrial Conglomerate's (Automobiles, Fmcg, Consumer Durables, Manufacturing, Retail, Epc, Infrastructure - (Power, Energy, Oil & Gas, Ports), Information Technology, Bpo, Pharma & Telecom with a Turnover of US $ 1 Bn to US $ 100 Bn with exponential growth potential. Our client's reach spans several countries across the global.

- Perfect Placer (www.perfectplacer.com), Promoted by a team of dedicated professionals with varied background, having comprehensive and extensive industry and consultancy exposure, is "One of the most preferred and referred consultants" today in Executive Search & Placement.

- Perfect Placer in less than half a decade has grown to be a force to reckon with, having offices in Mumbai, Chennai, Bangalore, and New Delhi.

- Perfect Placer along with its associate services has a long and prestigious list of leading Indian and Multinational Corporates in India and Outside across Managerial levels, functions, and Industries, covering both IT and Non-IT specialized in chief executive, board member and senior-level management search assignments.

CFO Global Finance and Administration Management :

- Responsible for full-cycle financial reporting, financial management, the development of financial metrics and the ongoing monitoring of control systems designed to preserve Co's assets and report accurate financial results.

- Responsibilities include financial analysis and forecasting, budget development, cost allocation, and the development and oversight of compliance and financial management systems, procedures, and internal controls required for global operations.

- Also responsible for risk management voice to leadership regarding policies and operational decisions. The position also ensures compliance with Generally Accepted Accounting Principles, regulatory requirements, and internal controls.

- This position reports directly to the MD and collaborates to ensure financial management functions are performed up to the highest standards & position provides innovative solutions for emerging financial management needs and serves with the MD key staff for the Investment & Audit Committee of the Board.

- This position communicates with a diverse staff in multiple locations and collaborate effectively globally.

Key Responsibilities :

Strategic Leadership & Governance Support :

- Represent Finance and diverse perspective in various cross-organization working groups and special initiatives (e.g. cost recovery, innovative funding, allocation methodologies, etc.), strategic working groups, and other cross-departmental planning committees.

- Responsible for preparation of the financial packet for Board and Committees.

- Provide key staff support to Investment & Audit Committee (coordination, agenda development, etc.); and serve on Management Committee.

Compliance & Risk Management :

- Work in coordination with MD to identify, manage and monitor financial risks and develop appropriate mitigation strategies.

- Develop and ensure maintenance of appropriate internal controls and financial procedures that effectively address risks.

- Ensure legal and regulatory compliance regarding all financial functions and record keeping.

- Ensure compliance with Generally Accepted Accounting Principles (GAAP), internal controls, established policies and procedures, and ensure integrity, suitability, accuracy and timeliness of internal information.

- Plan and manage country office audits and proper filing of tax returns, and coordinate closely with Controller for audit, filings and tax returns.

Global Financial Management & Analysis :

- Direct, coordinate, consolidate and provide institutional financial management reporting. Develop and utilize forward-looking, predictive models, trend and activity-based financial analyses to provide insight into the organization's operations and business plans. Monitor investments /reserves, expense and revenue projections, and cash flows to ensure a solid fiscal position.

- Lead and coordinate the annual budgeting process in collaboration with MD and management.

- Lead work of Global Finance & Administration Management (GFAM) team. In partnership with Controller, ensure GFAM and Accounting units have smooth functioning and efficient workflow.

- Set and oversee GFAM work plans and regularly assess team performance against objectives. Promote a culture of high performance, continuous improvement, and exceptional support that values learning and a commitment to quality.

- Lead the GFAM team in producing timely and accurate financial reporting. Oversee the preparation and communication of monthly, quarterly and annual financial updates. Create tools or reports that support timely organizational decision making, including deployment of personnel linked to various cost centers.

- Lead quarterly reviews, providing institutional financial updates. Lead the GFAM team in managing portfolio quarterly and monthly reviews, issuing budget variance analyses.

- Ensure responsiveness and quality customer service that effectively responds to ad-hoc financial reporting, trend and analysis requests to facilitate informed decision-making by management.

- Manage GFAM and other cost center budgets as assigned in close coordination with the MD.

Financial Oversight & Operations :

- In collaboration with the MD, communicate the organization's financial performance, projections and risks in presentations to global staff as part of Co's open book approach to ensure financial transparency and develop financial literacy across the organization.

- Lead awareness initiatives, including reporting systems and training programs for global staff and implementing partners. Develop training materials and training programs.

- In partnership with the Controller, ensure that global financial management systems, activities and audits are aligned with Accounting Team policies, processes and timelines.

- Lead the GFAM team in providing support to the Business Development unit and Project Management Unit as new business development opportunities are sought from funders. Oversee cost and pricing staff and consultants.

- Conduct proposal reviews to ensure capacity to meet administrative and fiscal compliance requirements.

- Lead the financial and operational administration of IYF country offices, working closely with the MD, Global HR Director and Award Management Unit team to ensure that Co's country offices are structured and aligned to support Co's strategy and objectives.

- Along with the MD and Controller, serve as a point of contact with internal and external stakeholders for company financial, reporting and compliance questions and concerns.

- Remain up to date on accounting, financial and audit best practices in INDIA and abroad in countries with operations; keep up with automation and technology advances in finance.

Mergers and acquisitions (M&A) :

- Plays a central role in this process, bearing the responsibility of assessing the financial health and viability of the target company.

- In essence, the CFO dives deep into the financial aspects of the potential acquisition & meticulously evaluate the financial statements of the target company, which encompasses the balance sheets, income statements, and cash flow statements & understand the company's current financial position, including its assets, liabilities, equity, income, and expenses.

- Provides a clear snapshot of the company's financial health and stability, which is crucial in determining its value and the feasibility of the deal.

- Explore various financing options, including internal cash reserves, debt financing, equity financing, or a mix of these & also consider the cost of capital and the impact on the company's balance sheet and credit ratings.

Risk Management :

- Identifying and managing potential risks associated with the deal & these may include financial risks, operational risks, market risks, and integration risks & work closely with the risk management team to mitigate these risks and ensure a smooth transaction.

- Aligning accounting policies across the merged entities is another crucial task managed by the CFO & alignment is fundamental to achieving 'Day One' readiness and ensuring business continuity & reconcile differences in accounting practices and standards, which paves the way for consistent and transparent financial reporting.

- Integrating IT systems is another significant aspect of post-merger integration & the process involves rearranging business operations with the merger and acquisition of one company by another.

- The CFO ensures a seamless integration of financial software, databases, and other digital platforms used by both companies, creating a unified technology infrastructure that supports efficient financial management.

- Managing cash flow

Policies & Systems :

- Lead Adaptive Insights Cloud budget software administration, ensuring configurations, integrations, reference materials and trainings are provided to enable users to effectively utilize the software to make timely and informed decisions.

- Ensure that proper internal controls are in place and functioning as designed.

- Regularly review and update financial policies to verify that they remain relevant and appropriate to ensure compliance and best practices while supporting efficient global operations.

Qualification And Experience :

1. CA with 18+ years of senior level accounting/financial experience with Leading Industrial Conglomerate & experience working in global organizations, multiple programs, with diverse funding streams.

2. Advanced knowledge of GAAP accounting rules, nonprofit accounting, including fund and accounting, compliance, and reporting.

3. Proficiency with Microsoft Office 365, general ledger, budgeting and financial reporting packages. Infor Cloud SunSystems accounting, Experience using accounting and financial software applications, databases, and expertise in Excel.

4. Tech savvy experience in the design and maintenance of financial management systems.

5. Proactive, creative, flexible, responsive, hands-on strategic thinker with vigilant attention to detail.

6. Ability to learn and to work independently as well as in a collegial manner, as a team player, is essential. Requires exceptional time management and good organizational skills. Accuracy with numbers is necessary.

7. Exceptional analytical, critical thinking and innovative problem-solving skills with the ability to handle multiple tasks under tight deadlines and competing priorities.

8. Strong financial modeling, budgeting, and analytical skills utilizing advanced Excel techniques.

9. Oral and written English fluency is required. Proficiency in Spanish or other language is a plus.

10. Outstanding communication with demonstrated highly effective presentation and training skills.

11. Flexibility to respond to periods of high pressure is required.

12. Growth mindset to drive innovative solutions from learnings, with high capacity to execute.

13. High energy and commitment to working in a diverse and multi-cultural team environment.

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Posted By

user_img

P G Ganesh

Vice President/Partner at Perfect Placer Management Consulting

Last Login: 16 July 2024

Job Views:  
325
Applications:  143
Recruiter Actions:  3

Job Code

1418725

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