Jobs Details
Group Chief Financial Officer
20 years
Job Description : CFO GROUP CORPORATE OFFICE, NORTH INDIA 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 etc. 20+ years experience Salary upto 1 CR
Country : India
Posted on : 16-01-2020
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