JOB TITLE : GROUP CHIEF FINANCIAL OFFICER&nbsp; REPORTS TO : CEO JOB PURPOSE : - To be overall responsible for the entire finance function of the three group entities (accounting, taxation, audit, AR/AP and treasury operations) - Strategic : a . To arrange for debt-funding (and in parallel to support the CEO with equity fund-raising) to ensure that the company's growth is supported by timely access to funds at competitive rates b. Develop strategic path to the establishment of NBFC to optimise leverage from a risk perspective and establish NBFC as one of company's core business lines - Treasury : To be responsible for working capital and cash management of the company and to engage in proactive financial planning to ensure that the company has liquidity to meet its obligations. - Credit : Panel member for approval in-house finance facility applications from SME`s - Budgeting/MIS : To handle the annual budget process, which includes bottom-up revenue projections, and overall gross margin, opex, EBITDA and capex forecasting; and to provide monthly reporting (MI) against these budgets both overall and by channel - Controls &amp; Compliance : - To handle all statutory and compliance issues in India and Singapore - To oversee the quality and integrity of the accounts in all 3 countries, and to work with the auditors to ensure audits are closed within statutory time limits and are made available to shareholders &amp; lenders. - Lead preparation for quarterly Audit &amp; Risk committee meetings as CRO - Contracting: oversee risk allocation in contracts and associated remedies in case of non performance - Board: Prepare quarterly performance presentations to Board directors and shareholders - People: develop team members in line with growth projections DIMENSIONS : Revenue Budget : - 2021/22: 200 + Cr - 2022 onwards: towards 500 Cr Resources : - Finance Department India (7 employees); overseas (2 employees) PRINCIPAL ACCOUNTABILITIES : - Work with the CEO and external financial adviser on information memoranda and financial models to support equity / debt raises for company`s growth in 2021/22 - Monitor and direct the implementation of strategic business plans and translate into optimal funding and tax strategies from balance sheet perspective - Support the CEO in the preparation of documents for the quarterly board meeting and shareholder engagements - Manage due diligence process in support of fund-raising (at the lowest possible interest costs) and manage the debt related foreign exposure risk (e.g. through evaluation of hedging options available) - Oversee the expansion of the (outsourced) financial model for the company to reflect in advance the potential timing of new equity and debt fund projections, incl potential route to IPO - Oversee the annual budget process - including operational and capital cost - Responsible for all statutory and government related functions where required - Work with the NBFC MD to enable the expansion of the in-house finance facility with the right safeguards to ensure a continued strong repayment performance - Review/ Assess credit risk applications for Credit panel and decide on risk/reward offered and security instruments provided in case of potential default - Maintain the company's ERP system (SAP) and ensure its integrity and authenticity - As custodian of the overall Control framework in India and abroad prepare annual audit plan (including internal and statutory audits) and ensure timely reporting to the Management and Audit &amp; Risk committee of actions taken to address any findings) - Streamline and implement risk-based controls within the company and ensure compliance - Oversee MI reporting on monthly basis as required by management and the Board - ensure MI is accurate and sent out in a timely fashion with manual data inputs being reduced. - Working Capital management : a. Engage in oversight of receivables and inventory-aging to maximise available cash-in-hand b. Ensure accurate stock accounting and physical across plants &amp; warehouses - Treasury: Establish required Bank Facilities and maintain risk levels regarding counterparty exposures - Cash management: Manage the daily cash and FX requirements to reduce bank charges; obtain cash forecast from other departments to plan for sufficient funds available on due date - Contracting: advise Supply/Sales on risk allocation in contracts and required securities. - People management: set performance targets and evaluate; support development of additional skills in line with growth of the company - Lead by example regarding the company`s Business Principles and Code of Conduct - Support an environment where staff feels comfortable to speak up EXPERIENCE REQUIRED : - Senior Finance leader with operational management experience in a fast pace environment - MIN 10-15 YEARS experience in finance - Result oriented - Demonstrated capacity for fund raising (incl financial modelling) and credit assessments - Strong business acumen and previous exposure to international governance standards - Strong, clear communication skills, with ability to represent company to international audiences - A real self-starter, able to take initiative and operate independently - Strong people leader able to motivate and lead teams across boundaries to success

Bangalore

Chief Financial Officer - Solar Energy Business 

Job Description for Chief Financial Officer - Solar Energy Business  in Ace Pro HR in  Bangalore for (10-25) years of experience. Apply Now!