Chief Financial Officer | Scrabble & Jigsaw
Posted on August 14, 2024
Job Description
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<p dir="ltr"><b id="docs-internal-guid-862db7c4-7fff-4285-3ec0-01d6471354ac">Chief Financial Officer – NBFC/BFSI (15-25 yrs) </b></p>
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<p dir="ltr"><b id="docs-internal-guid-862db7c4-7fff-4285-3ec0-01d6471354ac">CFO - NBFC/BFSI<br />
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- The chief financial officer (CFO) will play a critical role in developing and implementing the financial business strategy. As a member of the senior leadership team, CFO will be an advisor to CEO and other Functional Heads, evaluating and assisting them with their financial plans and economic modelling.<br />
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- S/he will be responsible for overseeing all fiscal and fiduciary responsibilities for the organization, in conjunction with the CEO.<br />
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- S/he will be the main convener of Audit Committee of the Board. Under his/her leadership the entire treasury, accounting, and day to day cash management will report in him.<br />
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- External statutory audit function will be the responsibility of the CFO.<br />
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Responsibility:<br />
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Strategy:<br />
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- 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.<br />
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- 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.<br />
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- Engage the audit, and investment committees around issues, trends, and changes in the operating model(s) and operational delivery.<br />
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Investor Relations and Equity Fund Raising:<br />
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- Equity Fund Raising: Spearheading the fund raising efforts, good relationship with global/domestic Private Equity funds.<br />
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- Representing 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 and development of extensive relationships.<br />
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Mergers & Acquisition:<br />
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- Responsible for planning and supporting integration and acquisitions. This role will be key in incorporating best practices and lessons learned into transactions on a real time basis, across the Company's Services portfolio.<br />
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- Support transaction teams throughout the due diligence, integration, and/or implementation phases of acquisitions, investments and/or partnerships, working closely with Senior Management.<br />
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- Support the development of executive-level analysis, briefings, & reports for and to senior leadership<br />
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Financial Management and control:<br />
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- Managing all finance and accounting operations<br />
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- Coordinating and directing the preparation of the budget and financial forecasts and report variances<br />
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- Preparing and publishing timely monthly financial statements<br />
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- Ensure quality control over financial transactions and financial reporting.<br />
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- Manage and comply with government reporting requirements and tax filings.<br />
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- Develop and document business processes and accounting policies to maintain and strengthen internal controls.<br />
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Qualification And Experience:<br />
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1. CA or MBA (Finance) with Minimum 15 years related experience in the financial services or in the finance function of reputed companies in India or abroad. NBFC experiences an advantage.<br />
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2. Demonstrated ability / track record of managing relationships with banks and resource mobilization.<br />
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Competencies & Skills:<br />
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i. Outstanding analytical skills<br />
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ii. Ability to take decisions, rational judgment and demonstrated execution track record<br />
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iii. High level of performance with uncompromising standards of integrity<br />
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iv. Ability and proven track record to communicate effectively with all the stakeholders involved, including at very senior levels such as the Board of Directors.<br />
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v. Ability to interact comfortably at all levels in the organization.<br />
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vi. Outstanding written and verbal communication and presentation skills in English<br />
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vii. An energetic go-getter, motivator and creative individual with high work ethics<br />
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viii. Ability to see the big picture and help in implementing the company's strategy as a team player.<br />
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ix. Proven ability to manage multiple projects/issues and stay focused.<br />
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x. Target-driven, self-motivated and willing to take responsibility.<br />
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xi. Proficiency in the use of MS Office applications.<br />
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Remuneration :</b><br />
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<p dir="ltr"><b id="docs-internal-guid-862db7c4-7fff-4285-3ec0-01d6471354ac">INR 65 Lacs to 75 Lacs (Fixed) + 20% Variable + ESOPs</b></p>