CFO | Scrabble
Job Description
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Develop financial models and valuation scenarios to undertake feasibility analysis of various potential investors / investments
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Guide organization on decisions in areas of capital structure, financing mix, financial leverage in order to maximize overall value of the corporation
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Undertake corporate financial planning exercise and prepare annual financial budgets for the organization
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Provide strategic financial direction to various departments to achieve business targets
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Direct the development, maintenance and implementation of all accounting policies & procedures in compliance with accounting standards
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Direct corporate taxation and compliance with allied laws to ensure that the organization’s finances are accurately reported and taxes optimized
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Monitor Financial MIS for business parameters and take appropriate action on a timely basis
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Guide the process of interest rates and credit amounts negotiation with banks for trade financing through LC, Cash in advance, Documentary Coordination, Open account etc.
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Ensure that relevant tax, registration and membership documents are provided to the banks
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Ensure coverage under the duty exemption / remission schemes to avail of benefits of exemption / remission of different forms of custom duties levied on the import content of the input for exports
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Ensure all trade practices are in accordance with the handbook of procedures issued by the Ministry of Finance from time to time
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Guide management of Forex exposure, like foreign exchange contracts, to mitigate currency risk to the minimum
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Direct financial transactions through Dubai office to ensure maximum benefit in terms of tax liability and credit period
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Provide commercial related advice, monitor costs and protect organization against business risk
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Manage the relationship with banks and regulatory bodies to ensure faster and cost effective transactions
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Ensure that the organization is adequately and cost effectively insured against risks
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Oversee optimum management of corporate funds through effective treasury
management & compliance to company policy and achieve maximum possible return
within the policy framework
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Ensure corporate governance with regards to financial and other matters
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Closely monitor cash flows and take necessary steps to ensure continuous availability of
working capital
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Mentor and coach subordinates to develop the team’s capabilities and build a strong
succession pipeline for the role
