Head - Corporate Finance - BFS/Manufacturing/Real Estate/Hospitality

Job Objective:

To ensure efficient funding and investments for the growth of MDPL. Drive financial planning & analysis, budgeting & costing and MIS functions in the organization in accordance with statutory requirements, corporate policies and procedures

Primary Responsibilities : 

Strategic : 

- Review and implement the Business Plans of the company (long term and short term). Constantly track and monitor their progress and highlight deviations

- Finalize critical financial funding decisions such as fixing and review of the Debt Equity ratio in collaboration with the CFO

- Optimize funding activities for the company to yield risk free maximum returns

- Develop and implement policies on the banking mix for project level and corporate level fund requirements

- Develop a framework for the assessment of various funding options/channels for the company

- Assist the CFO in development of guidelines for investment of company funds in line with financial risk management guidelines

Operational & Financial : 

- Lead the preparation of quarterly forecasts, annual budget, monthly analysis and quarterly operating reviews, through timely and accurate MIS

- Ensure effective control of bank balances of the organization to permit adequate working capital for day-to-day operations and effective management of surplus funds

- Manage the investment portfolio of the organization to ensure maximum return on investment in line with defined investment guidelines

- Review the financials across all operating locations and finalize analysis; provide early warning signals and assist the CFO in development of appropriate mitigation mechanisms

- Serve as the principal advisor to Business Heads and Function Heads on the budgeting and forecasting process; communicate and implement norms for budgeting and capex management

- Manage the relationship with banks and financial institutions to ensure cost effective and preferential services for MDPL

- Review credit rating periodically and develop mechanisms to ensure achievement of target credit rating

- Finalize templates for project costing and liaise with department heads to periodically review effort-cost associations; communicate rationale for project costing to concerned Heads of Departments

People : 

- Foster an environment of learning, excellence and innovation within all aspects of team work

- Conduct performance appraisals on departmental staff / personnel. Assess and fulfill training and career development requirements

Key Result Areas Key Performance Indicators: 
 
Financial Perspective : 

A. Continuously improve bottom line

B. % cost savings achieved due to borrowing of funds at optimal market rates

C.. Optimize cash flow for the company - ensure adequate working capital for day to day operations

D. % deviation from department budget

Internal Process Perspective

Execution Excellence

Timely reporting on

- MIS (actual vs. budget)

- Progress on ABP (actual vs. planned)

- Budgeting - % deviations from pre-set budgets

Desired qualifications

CA / MBA Finance

Desired experience 15+ years of experience in Corporate Finance function

Knowledge and Skills : 

Technical Knowledge: 

- Understanding of financial management, planning and budgeting

- Ability to analyze financial data and prepare financial reports, statements and projections

- Knowledge of financial regulations

- Working knowledge of specialized IT tools for analysis, reporting and presentation

Behavioral Skills: 

- Strategic Orientation

- Analytical and data management/mining skills

- Planning and organizing skills

- Interpersonal Skills

- Communication Skills