CFO | Scrabble
Posted on November 19, 2024
Job Description
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<p dir="ltr">The chief financial officer (CFO) will play a critical role in developing and implementing the financial strategy and getting the organization ready for the next 3 - 5 years of growth of EMotorad. As a member of the senior leadership team, the CFO will be an advisor to the CEO and other Functional Heads, evaluating and assisting them with their financial plans and economic modeling.</p>
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<p>The CFO will lead the capital allocation strategy and will ensure that the long term plans are married quite well with the short term goals of the business.</p>
<p>● S/he will be responsible for overseeing all fiscal and fiduciary responsibilities for the organization, in conjunction with the CEO.</p>
<p>● S/he will be the main convener of the Audit Committee, Statutory Committee of the Board.</p>
<p>● Under his/her leadership the entire treasury, accounting, and day to day cash management will report to him/her.</p>
<p>● External statutory audit function will be the responsibility of the CFO.</p>
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<p><strong>Responsibilities:</strong></p>
<p><strong>Treasury Management: </strong></p>
<p>● Fund Raising: Spearheading the fundraising efforts, good relationship with global/domestic Private Equity funds/Banks/NBFCs.</p>
<p>● Leading the fundraising initiative of the Company to ensure clear visibility of funds/credit limit for ensuring the AUM growth and Cash Flows.</p>
<p>● Representing the company to Institutional Investors, PE firms, Mutual Funds, Banks, FI, FIIs, Rating Agencies, Debenture Trustees, Registrars, Brokers/intermediaries to ensure that the adequate credit limits are available which has in turn led to development of extensive relationships. ● Support the development of executive-level analysis, briefings, & reports for and to senior leadership</p>
<p>● Getting the organization IPO ready in coming years.</p>
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<p><strong>Strategy: </strong></p>
<p>● Assess organizational performance against both the annual budget and long-term business strategy. Develop tools and systems to provide critical financial and operational information and make actionable recommendations on both strategy and execution plans.</p>
<p>● Strategic planning, budgeting and reporting - ensure preparation of strategic plans, budgets and forecasts, ensure financial viabilities of business transactions, and ensure robust management information systems are in place.</p>
<p>● Engage the audit, and investment committees around issues, trends, and changes in the operating model(s) and operational delivery.</p>
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<p><strong>Financial Management and control: </strong></p>
<p>● Managing all finance and accounting operations</p>
<p>● Coordinating and directing the preparation of the budget and financial forecasts and report variances</p>
<p>● Preparing and publishing timely monthly financial statements</p>
<p>● Ensure quality control over financial transactions and financial reporting.</p>
<p>● Manage and comply with government reporting requirements and tax filings.</p>
<p>● Develop and document business processes and accounting policies to maintain and strengthen internal controls.</p>
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<p><strong>Role Requirements:</strong></p>
<p>● CA preferred with 12-15 years related experience</p>
<p>● Open to travel frequently for Fundraising and other financial business strategy initiatives.</p>
<p>● Demonstrated ability / track record of managing relationships with banks and resource mobilization.</p>
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<p><strong>Key Competencies & Skills:</strong></p>
<p>● Strategic Thinking: The CFO must be able to think strategically and develop long-term financial plans that support the company's growth and profitability goals. S/he should be able to identify and evaluate opportunities for investment and growth, and provide recommendations to the CEO and executive team.</p>
<p>● Leadership and Team Management: The CFO must be an effective leader and manager, with the ability to build and lead a high-performing finance team. S/he should be able to provide guidance and mentorship to the finance team and communicate effectively with other departments within the company.</p>
<p>● Communication Skills: The CFO must have excellent communication skills, with the ability to effectively communicate financial information and insights to a variety of stakeholders, including the CEO, board of directors, investors, and internal stakeholders. S/he should also be able to communicate financial information in a way that is easily understandable to non-financial stakeholders.</p>
<p>● Risk Management: The CFO must be skilled in risk management, including identifying potential financial risks and developing strategies to mitigate those risks. S/he should be able to develop and implement internal controls and procedures to ensure compliance with financial regulations and minimize financial risk.</p>
<p>● Adaptability: The CFO must be adaptable and able to work in a fast-paced, rapidly changing environment. They should be able to quickly adjust their financial strategy in response to changes in the market or the company's goals</p>
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