Jobs Details


Group Chief Financial Officer
 20 years


Job Description : GROUP CFO INDIA To make the accounting and financial system in all the group companies and at all the location most efficient by correcting/setting up systems and processes, putting right manpower in place wherever required, deploying financial resources in most efficient manner, ensuring filing all types of returns (Income tax, GST etc.) in time, personally review and approve all forms filings with the Statutory bodies, making sure the organization does not pay any interest and penalties, creating an internal checks and balance systems and developing daily, weekly and monthly reporting system which is comprehensive yet easy to understand. These are more elaborated hereunder: Assist in formulating the company's future direction and supporting tactical initiatives; Oversee the entire accounting function of the Group, including SPV and division accounts; Managing the annual revenue, expenses, capital budgeting process of the Group, conducting revenue and expense trend analysis and benchmarking with the industry standards; Setting up and managing most efficient and reliable Group’s and each of its company’s financial systems, policies, procedures, internal controls etc. to safe guard the assets and data; to prevent or detect misrepresentations or conflicts of interest; Developing and managing accurate and timely internal and external reporting and analysis; ensuring compliance with governmental, regulatory and contractual obligations; Preparing accurate, comprehensive, timely, user-friendly and in-depth financial analysis & financial reports in support of the Group’s internal and external requirements, including but not limited to financial budgets, projections, cash flow forecasts, historical trend reports, budget vs. actual comparisons, customized financial reports and analysis as required by the Board, Audit Committee, Finance Committee, external auditors, lenders etc.; Complying with bank formalities and deploying financial resources in most efficient manner thereby maximizing the return on the investment portfolio; Accountable for getting the external audit conducted while providing complete, accurate and timely information requested in advance and throughout the duration of the audit and oversee the issuance of financial information; Ensuring that all Account payable and financial obligations of the Group are catered to in a timely and accurate manner. Ensuring all Account receivables are tracked, followed up and collected in a timely manner; Responsible for setting up departmental productivity targets, KPIs and their tracking on a periodic basis. Planning and preparing project reports for all expansions and new businesses including preparing budget / investment estimate, financial model and breakeven point; Traveling to Group locations to discuss operational aspects & issues and improve standards. Developing understanding of the local markets including knowledge of competitors etc. Constructing and monitoring reliable control systems. Reviewing the quarterly closure. Handling internal and external auditors, direct and Indirect tax taxes. Providing Commercial inputs to projects and business teams. Preparing & managing cash flow, annual operating plan preparation and MIS Concentrate on expansions and growth both organically and inorganically to achieve organization vision and mission, which are: Prepare for future IPO in 5-6 years Helping promoters to identify new opportunities for growth/ expansion; Promoting Group Values, Code of Conduct and associated policies; and Participating and providing positive contribution to technical, commercial, planning, safety and quality performance of the Group and in accordance with Regulatory requirements Undertaking any other responsibilities as directed and mutually agreed with the Management. Minimum 20 years , last few years in leadership role as a CFO interacting with Senior Stakeholders. Initial system driven MNC / large Indian companies -- followed by a family owned group -- leading aggressive growth. Experience of - Setting up / improving / maintaining robust systems & processes for multiple units / multiple Business lines Must have handled business with annual turnover of around INR 600-800 crs Business strategy, reorganization, Knowledge of Productivity Norms and KPIs tracking. Fund / working capital management – including DEBT funding, treasury, investments, risk management, Compliance. In-depth knowledge of - Handling entire accounting function- accounts & finance, Cash flow, multiple P&L, Budgeting, Costing, Controls , MIS, and taxation ( Direct & Indirect Taxation) Extensive working with Internal and External Auditors. Exposure to ERP working environment IPO Launch experience is desirable. Experience of handling a team size of at least 15.

 Country : India
 
Posted on : 15-07-2023

Office Address:

  • 897, Synagogue Street,
  • Nr Camp Railway Booking Office,
  • Camp, Pune - 411001
  • Email : jt@yrcs.in

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