The Company :

Our client is a young, fast-growing family owned Group with interests in Real Estate, Automobile, Education and Venture Capital sectors. We are currently at the cusp of an major expansion and professional transformation and seeking to hire a mature and astute senior level Business Finance professional to lead the overall finance function of the Group and all the operating businesses .

Purpose of the Role :

The primary purpose of this role is to lead and direct the financial responsibilities including the holding and operating companies in all business verticals. The Group CFO has responsibility for managing financial sustainability, driving financial performance & maximizing return on investment for the Group. The role will provide strategic financial advice and counsel to the Board of Directors and will play a pivotal role in formulating future financial strategies as well as managing the current overall group P&L and the existing Finance & Accounting team. This role will report into the Group CEO and will be based out of Bangalore.

Responsibilities :

Financial Control : Responsibility to ensure that appropriate systems and processes are in place across the respective Holdings and businesses. This includes but is not limited to : Group Reporting, Treasury & Cash Management, Debt Facilities, Risk Management and Audits, Tax Compliance, Insurance, Contract Management and Terms of Trade & Accounting Projects & Analysis.

Corporate Finance : including foreign exchange management and optimizing the balance sheet structure.
 
Financial Strategy : including budgeting, forecasting, contributing to overall strategy and investment prioritization.

Risk Management : organizational risk framework (strategic and financial).

Financial Strategic: Direction and Leadership

The primary role responsibilities of the CFO are as follows :

- Assist the CEO in developing, for the Board's approval, a strategic financial direction and positioning to ensure the Group's success.

- Together with the CEO and the business unit leaders - develop and recommend to the Board an annual operating plan and financial budget that support the Group's long term strategy and medium to short term operating plan for the strategy.

- Work directly with the CEO to help raise funding, loans and venture capital for the Group.

- Create, coordinate, and evaluate the financial controls and supporting information systems of the Group.

- Together with the CEO, approve and coordinate changes and improvements to disclosure controls and procedures and internal control over financial reporting.

- Ensure that effective internal controls are in place and take steps to enhance, where necessary, the internal control systems within the Group.

- Keep the Board aware of the financial position and financial development of the Group and the operating companies.

- Develop appropriate key performance indicators to monitor and drive the financial performance of the Group and the operating business units.

- Ensure proper training of all personnel working on financial, accounting, audit or fiscal matters.

- Oversee and monitor the Corporation's financial position, banking and financing activities and capital structure and monitor the respect of banking and financial covenants and hedging arrangements, as applicable.

- Ensure the adequacy of the Corporation's insurance coverage.

- Oversee and monitor effective tax strategies and compliance for the Corporation.

- Ensure that there is an effective succession plan in place for the CFO position and other team members of the Finance team.

- Coordinate the preparation of the Corporation's financial statements and management discussion and analysis.(annual and interim)

- Certify documents as required under various laws. ( If applicable )

- Oversee the mandate and the work of the internal auditor of the Group.

- Coordinate the annual audit (and any special or non-recurring audit) with the Corporation's external auditors;

- Coordinate the review, and liaise with the external auditors as required, of all financial information disclosed in any offering documents of the Group. ( If applicable )

- Assist the Group's Audit Committee in performing its duties required under the applicable laws and the Audit Committee.

- Attend meetings of the Board and its Committees and present the financial information necessary or relevant to the Board or such Committee for discharging its duties; as applicable.

- Establish and maintain lines of communications with the investor community and oversee the dissemination of the Corporation's press releases, annual report, communications with analysts and the media and investor relations .

- Provide both people management and subject matter leadership to the corporate finance team.

Educational Qualification :

- CA / ICWA / CFA qualification is a must have for this role.

- MBA in Business finance from a top tier college is desirable but not mandatory.

- Work Experience & Skills

- 15 + Years of experience in Finance function handling multiple leadership roles.

- Prior experience of being a CFO/Finance Head in a multi business Group. (Real estate experience would be preferred) 

- Ability and proven experience to lead, coach and mentor a team .

- Willingness to work in high energy, fast and evolving organizational environment .

- Exceptional business analysis, communication and collaboration skills.

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