Jobs Details
Deputy CFO
15 years
Job Description : DEPUTY CFO INDIA FOR GROUP CORPORATE OFFICE · unctional reporting is to the Group CFO - Finance based out of Gurgaon · The role has been primarily created to drive Operational Finance, Controllership and Taxationfocus for all the 3-4 Business verticals spread across India and the globe. · This role will have 3Business Finance Leaders at the levels of AVP/ Sr. GM, 1 Finance Controller, Company Secretary, Group Taxation Head who will roll up into this position. Primary Responsibilities: · Lead the Entire Financial Operations for the Group and Ensure Better Controls across all the 40 + Plants Globally. · SpoC for JV Finance, Profitability and Payments of Royalties as and when required · Company Secretarial matters ensuring correctness of Board Resolutions, Information to Investors, Stock Exchange, is key part of this role. · Investor Management to ensure accurate data is presented to the Investors and on timely basis · Drive Controllership working closely with the Business Vertical Finance Leaders · The Dy. CFO demonstrates accountability for functional, business, and broad company objectives. · In this role you will integrate and develop processes that meet business needs across the organization, manage complex issues within functional area of expertise, be involved in long-term planning, and contribute to the overall business strategy. · The Dy. CFO will support the Business Leaders and Business Vertical CEO's with all aspects of Finance within the region. · Key responsibility to drive business and finance vision for all aspects of operations at the group level · Support CFO on necessary funding and leveraging with FII's, Banks for Mergers, Acquisitions and JV · Ensure the very best of Corporate Governance, Compliance and Ethics on all Financial and Accounting Practices across the group This includes, but is not limited to: 1) Budgeting · Drive the Annual Budget Exercise and LTS document as a checker at the group level · Prepare business budget, control mechanisms and monitor adherence to budgets on a monthly and quarterly basis 2) Accounting & MIS · Consolidate financials of different Business Verticals and prepare consolidated monthly, quarterly and yearly financial statements to the tune of Rs. 3800 - Rs. 4200 Crores annually across 45 + Plants and 4 Business Verticals. · Carry out physical verification of assets and asset capitalization accounting · Prepare dashboards (Budget, SoM, debtors, quality, operations, materials, inventory, Market Insight etc.) for Board of Management · Manage Working Capital and Cash flow for the business · Drive commercial compliance and work with commercial team 3) Audits · Carry out internal audits in all plants and preparing relevant action plan to close gaps · Carry out cost and income tax audits at all plants in the business 4) Taxation · Strategize policies & establish mechanisms for implementation of GST and indirect taxation · Ensure development of internal financial policy and SOPs and ensuring adherence to the same 5) Risk Management · Establish mechanism for Risk Identification and mitigation at the Group level · Ensure mitigation of residual risk also to ensure minimal challenges due to risk impacting the business and growth. 6) Secretarial · Responsible for the entire secretarial department including board meeting management · Secretarial compliance of the organization - Both from Registrar of Companies as well Internal Compliance · Ensuring the proper board resolutions are recorded and shared to the investor relations and M&A for them to access the same prior to publishing the same, the M&A and Investor relations are directly managed by your immediate supervisor, The CFO at this point of time. Other Key Deliverables · Drives linkage of operating and accounting processes, procedures and transactions · Lead the annual audit of financial statements and quarterly reviews · Drive Receivables with focus on reconciliations, payment security and collections · Working with businesses, drive and support a number of broad initiatives within the region including assessment and implementation of new financial systems and centralization and regionalization of finance operations · Develop close relationship with key business stakeholders; exercise strong expertise and influence in all business operations to deliver business financial results as committed · Review controllership procedures to ensure the integrity of the financial results including balance sheet reviews · Expertise in leading all aspect of startup business unit, including arranging capital, including arranging seedcapital,establishing teams and finance function from scratch,driving overall operation efficiently,and leading profitable business sell-out. Required Candidate profile Qualifications / Requirements - · ACA (Preferred) with 20+ years of work experience in managing multiple business finance operations for the organisation with significance exposure to: - · Plant / Manufacturing Accounting · Commercials Finance · Controllership · Large Scale Project finance · Entire Taxation · Audit - Internal, External, Statutory, Tax and Compliance · End to End Insurance Management · Budgetary controls · Secretarial Management · Ideally you would have atleast 2 -3 General Managers/ AVP's reporting into you in your current role · Should have been currently managing a book closure of atleast Rs. 1500 - Rs. 2000 Crores Annually. · Hands on Experience in managing the entire taxation - Direct, Indirect and Preferably transfer pricing of Indirect taxation would be ideal for this role. · Working for a listed company and understanding the nuances of managing the entire finance, controllership, taxation and secretarial for a LISTED company would be of immense help · Driving Finance Controllership in a highly complex environment, business, manufacturing with multi locational, Multi Geographical locations would be much desired for this role. · Good Understanding JV Accounting Practices - US, Japanese, German, Spanish, French and Korean would a great advantage. · Hands on experience and conformance to IFRS is mandatory for this role. · Strong Controllership experience to ensure 100% compliance to Statutory Requirements · Excellent practices of Corporate Governance to ensure total regulatory compliance at all times. · Managing the entire secretarial functions including Board Meeting Management and Reporting Minutes of Meeting and all related Secretarial matters would be of great advantage. · Proven team leadership and interpersonal abilities · Sharp, high energy, results-driven, solution-oriented, focused and motivated, with solid decision-making capability · Excellent analytical skills & a Quick learner · Possesses excellent oral and written communication skills, along with the ability to listen, understand and influence · Effective and decisive under pressure · Possesses the confidence and presence to interact at senior management levels · Comfortable with fast-paced, results-oriented environment · Demonstrated ability to influence others, both directly and indirectly, and to operate effectively in a matrixed environment · Clear thinking / problem solving: successfully led cross-functional projects/process improvement within operations/finance function involving process improvement - able to grasp new ideas quickly & ensure that the same is implemented with the necessary improvements. Desired Characteristics - · Passion and Execution - Emotional connect, ownership & accountability and drive for results. · Leadership and Building Team · Entrepreneurship - Comfort with ambiguity, opportunity Sensing and driving innovation. · Strategic Thinking - Envisioning future, creativity and systems thinking. · Business Acumen - Customer focused, value optimization, managing risk. · Value based management, knowledge about Mergers, Acquisitions and Divestments, Communication and presentation skills
Country : India
Posted on : 24-03-2020
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