ROLES & RESPONSIBILITIES:
Strategy, Planning and Management:
- Develop short & long term financial strategy in support of company\'s strategic vision & goal
- Design & Implement business planning strategies and undertake management of finances for the organization
- Act as a strategic business partner and contribute effectively to evaluate long term business opportunities to maximize company profitability
- Responsible for directing the organizational overall financial policies.
- Incumbent will be responsible for raising funds, recommend investment strategy & implement policies as approved
- Oversee all financial function including Accounting, Budget, Costing, MIS, Insurance, Tax & Treasury
- Communicate, engage and interact with Board of Directors, CEO, COO and Executive Leadership Team.
- Maintain outstanding banking relationships and strategic alliances with Investors, and business partners
- Oversee and recommend Group synergy for policies, procedures and processes as deemed appropriate by senior leadership team.
- Evaluate & Manage IPO, Merger, Demerger & Acquisitions
- Effective implementation of risk management policies and corporate governance. Provide policy guidance and recommendations on key financial issues.
- Analyze and review business performance indices, evaluate performance variations and guide creation of alternative approaches towards achieving business results
- Establish Metrics and ratios to track & monitor business performance.
Financial Analysis, Budgeting and Forecasting
- Prepare and present monthly financial budgeting reports including monthly profit and loss by division, forecast vs. budget by division and weekly cash flow by division.
- Develop and maintain monthly operating budget and annual company operating budget for each entity of Group
- Oversee the preparation and communication of weekly, monthly and annual financial statements
Accounting, and Operations
- Supervise the accounting department to ensure the proper functioning of all systems, databases and financial software. Provide regular maintenance and backup of all accounting systems and supervise company financial staff.
- Ensure timeliness and accuracy of financial and management reporting data for federal funders, foundations, investors and company\'s board of directors.
- Serve as a key point of contact for external auditors; Manage preparation and support of all external audits.
- Manage cash flow planning process and ensure funds availability.
- Oversee cash, investments and asset management area.
Taxation & Audits
- Minimize tax and import duties paid within tax laws/ requirements, including income tax planning and calculation, statements and reports as well as handling of other taxes (e.g. GST, VAT, withholding tax, TDS,) and duties.
- Oversee the preparation and timely filing of all local, state and tax returns.
- Manage Internal & External audits for Business Units
Regulatory & Compliance
- Assure legal and regulatory documents are filed and monitor compliance with laws and regulations
- Ensuring compliance with applicable domestic law and regulations. in particular, account activity
- Ensuring compliance with internal policies, including compliance with ethics policy and implementation of whistle-blowing procedures
- Responding to regulatory findings, deficiencies and violations, in conjunction with the chief of internal audit.
Desired candidate profile:
- Should be a CA with 8-10 years minimum experience as a Group CFO in a large manufacturing setup and has handled multiple business/ JVs/ Subsidiaries in India in a family owned organization (International Business / Treasury/ Personal (Family) Accounts is out of the purview of this Position)
- Ability to lead teams and add values across business constructively
- Outstanding knowledge and understanding of GAAP, IFRS, SOX compliance and SEC reporting.
- Excellent analytical, reasoning and problem-solving skills
- Significant experience working with external auditors, internal controls and compliance-related issues.
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