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11/12 Sharbani Dutta
Executive Search - Financial Services at ABC Consultants

Views:2437 Applications:176 Rec. Actions:Recruiter Actions:32

Chief Financial Officer - NBFC (10-20 yrs)

Mumbai Job Code: 520300

CFO - For A 7000+ cr NBFC

Finance and Accounts

- Drive the Corporate financial planning exercise for the organization

- Undertake budgeting for the organization and monitor the same, highlighting deviations

- Manage treasury operations for the organization

- Ensure timely General Accounting and Reporting

- Ensure that the annual accounts are finalized within the planned time schedule and meet all the accounting norms and standards laid down

- Develop, implement and document a Cost accounting system

- Monitor the statutory and management audits and the financial health of the organization

- Provide an effective tax structuring for the organization to ensure compliance while minimizing tax liability

- Monitor various investments to ensure compliance with SEBI norms

- Support the investment team by providing the necessary inputs during the financial due diligence on the developers / promoters conducted during the project appraisal phase

- Identify various low risk investment instruments, analyze their performance and determine the investment portfolio

- Ensure the investment of idle funds as per the approved investment portfolio

Cash Management and MIS

- Support in conduct of the draw down process by certifying computation of draw down and payout amounts

- Monitor the reconciliation of investor records and collection and computation of penalties for defaulting investors

- Provide CIO with report on commitments and disbursals and need for funds in the following period

- Provide the investment team with trends for NAV and IRR commitments during review of Business Plan

- Advise to the SPV on financial matters such as treasury operations, accounting, taxation and statutory compliances

- Monitor the submission of the following MIS reports to the Management

- Investment portfolio and profits/ dividends earned

- Status of projects invested in and milestone reports

- Returns on capital invested

- Status of capital commitment to SPV

- Advise the Senior Management on portfolio holding strategy based on the short term investment market and performance of existing short term portfolio

- Interface with banks and financial institutions and other stakeholders to identify any concern areas and address the same and drive compliance related to SEBI and other regulatory authorities

- Ensure that the team is adequately staffed as per the manpower requirements

Support Functions Management :

- Monitor the functioning of the Investor Relations team and ensure effective servicing of investor queries / requests

- Manage the organization's resources within the budgetary and compliance framework

- Monitor the overall functioning of the Legal & Compliance team

- Ensure adherence to all statutory compliances and internal norms

- Monitor design and implementation of the HR Strategy to ensure alignment to the organizational vision and mission

- Ensure that all support required by SPVs is provided on a timely basis by the support functions in the organization

- Provide inputs in the development of the compensation philosophy to help attract and retain top talent within the organization

- Foster an environment of learning, excellence and team work across the function

Key Result Areas and Performance Indicators

Sr. No Key Result Areas Performance Indicators

1. Ensure effective financial planning and budgeting for the organization - Cycle time and accuracy of budget formulation

- Lead time for financial report generation and circulation

2. Ensure effective management of treasury operations

- Cost of working capital

- Deviations from Projected Cash Flow

- Returns from cash management

3. Monitor timely support in conducting draw downs and payouts - Timely listing of defaulters

- Accuracy in computation of penalties

4. Ensure that fund idle time is minimized - Fund Idle time

- Returns on investment of idle funds (Target Vs. Actuals)

5. Advise the SPV on financial matters - Usage of funds against business plan

6. Monitor compliance with set accounting and reporting standards - Timeliness and accuracy of book closing

- Accuracy of business / financial reporting

- Number of non compliances in financial reporting

- Percentage adherence to statutory norms by SEBI and other relevant regulations

7. Ensure timely preparation and submission of MIS reports - Timely preparation and submission of various MIS reports to Management

- Accuracy of MIS reports

- Internal user's feedback on quality of MIS and other reports

8. Monitor the functioning of Investor Relations - Timeliness and accuracy of quarterly and annual reports as well as other investor communication

- Investor satisfaction

- Timeliness in administration of draw downs and payouts

9. Monitor legal and compliance related activities - Success rate for the organization in dispute resolution

- Percentage adherence to statutory norms by SEBI and other relevant regulations

- Number of non-compliances in a given period

- Percentage adherence to internal processes and reporting norms (MIS)

10. Monitor the overall functioning of the HR processes in the organization - Timeliness in completion of critical HR activities such as manpower planning, talent acquisition, performance appraisal, etc.

- Percentage of top performers leaving the organization

- Attrition rate (level wise / skill wise / tenure wise / location wise / performance rating wise

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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