Job Description for Chief Financial Officer Reporting To : Chief Executive Officer (CEO) Direct Reportees : Business Controller, Taxation, Investor Relations Purpose : - To establish systems and processes, manage investor relations and deal with regulatory bodies - Build long-term vision statement for the growth of the company. - Drive relationships with banks; manage P&L and working capital flow - Would be responsible for business forecasting, financial reporting, statutory compliance and taxation and risk mitigation - Would lead strategic planning, budgeting, integration, cash flow, analysis, investments, audits, accounting & finance, and treasury - Be a business partner to define business objectives and steer the results and support profitability and growth Qualification and Experience : - CA/ MBA (Finance) with at least 20+ years of total experience, with overall exposure to finance, accounts and taxation, investor relations, fund raising, working capital management, strategic planning, budgeting, forecasting, asset management, reporting analysis and taxation. - Should have been in a leadership role for past 3 years of experience in F&A department. - Experience of working in a listed company would be preferable. Should carry experience in investor relations and fund raising. Work Group : - Frequent Internal Interface : Business leaders - Frequent External Interface : Investors, banks, insurance companies, auditors, consultants, statutory authorities Responsibilities Measures of Success : Strategic Financial Planning, Budgeting & Investor Relations : - Assist in formulating the company's future direction (Annual Operating Plan, 5 years projections) and supporting strategic initiatives - Monitor and direct the implementation of strategic business plans and measure performance of the organisation - Drive financial planning and budgeting - Develop financial and tax strategies - Develop and monitor performance measures (such as profitability, tax compliance) that support the company's strategic direction - Manage relationships with the Investors. - Lead financial analysis and for a periodic reporting and review to ensure that functional objectives are aligned to the Company Goals and as per the guidelines - Improve financials through several initiatives including streamlining AR collections, reducing inventory lead time, minimizing fixed costs and improving aftersales focus - Monitor budgets and highlight/ rectify variances, seek approvals for funding and ensuring cash flow availability and utilisation - Provide governance, financial oversight and monitor delivery of large projects against pre-agreed KPIs on timelines, cost and project risks - Profit after tax - Risk management - Variances from budgets - Cost control - Timeliness(TAT) and accuracy of financial reporting - Adherence of vendors to SLAs Accounting & Reporting : - Ensure maintenance of appropriate internal controls and financial procedures - Supervise preparation and reporting of monthly, quarterly, half-yearly and annual financial information to management, investors and statutory authorities - Review consolidated accounts, assess & advise on new accounting standards, drive compliance with group financial/ management accounting, operating plan guidelines and standards - Lead coordination of internal/ external auditors; provide resolution to auditor queries and implementation of improved systems (SAP, internal controls, accounting practices, SOPs, policies etc.) - Timeliness and accuracy of financial reporting - Timely resolution of audit queries - Audit score Working Capital Management : - Raise and manage working capital and term loan from local and global banks - Recommend on working capital optimisation and company's minimum cash requirements - Monitor the working capital position and requirement. Lead wholesale funding for dealers, ensure deployment of working capital through FDs - Coordinate with banks and maintain strong relationships to ensure timely fund availability at optimal cost - Manage relationships with public sector & global banks, rating agencies and insurance companies - Timely fund availability & WC deployment Taxation : - Supervise budgeting and management of the direct and indirect tax liability through efficient tax planning and monitoring of procedural compliances required under the applicable laws and regulations - Supervise the process of collecting, preparing and collating the information required for tax audit and coordinate with the tax auditors - Align with all the global risk and compliance policies - Develop and rollout local policies in line with global practices - Communicate, implement, and monitor policies - Number of non- compliances/ penalties - Timely resolution of audit queries Projects : Business plan preparation and evaluation for all projects undertaken along with impact analysis for all finance related topics of budgets, tax, compliance, etc. - Timeliness and accuracy People Management (Finance & Accounting team) : - Articulate key performance indicators and competency requirements for team members - Drive recruitment processes for key positions and conduct interviews for selection of right candidates - Drive job rotation within the team for constant skill development; provide support with trainings requested by team members - Coach and mentor, provide challenging assignments and high visibility training for high performers - Provide suitable redeployment and retraining opportunities for low performing team members and create an environment for solid citizens within the team to make the transition to being high performers - Hold regular communication meetings with team to share organizational updates, functional priorities, performance updates, resolve issues, etc. - Motivate teams to improve productivity, drive engagement in the team, and build a culture of high performance and meritocracy by recommending promotions for right candidates, and implementing an effective, fair and transparent talent management system - Internal team satisfaction - Voluntary attrition

Delhi NCR

RattanIndia - Chief Financial Officer 

RattanIndia - Chief Financial Officer  ,Job Description for RattanIndia - Chief Financial Officer  in Rattanindia in  Delhi NCR for (20-25) years of experience. Apply Now!

Job Description for RattanIndia - Chief Financial Officer  in Rattanindia in  Delhi NCR for (20-25) years of experience. Apply Now!