CFO | Scrabble
Posted on August 23, 2023
Job Description
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<p>Develop financial models and valuation scenarios to undertake feasibility analysis of various potential investors / investments</p>
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<p>Guide organization on decisions in areas of capital structure, financing mix, financial leverage in order to maximize overall value of the corporation</p>
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<p>Undertake corporate financial planning exercise and prepare annual financial budgets for the organization</p>
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<p>Provide strategic financial direction to various departments to achieve business targets</p>
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<p>Direct the development, maintenance and implementation of all accounting policies & procedures in compliance with accounting standards</p>
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<p>Direct corporate taxation and compliance with allied laws to ensure that the organization’s finances are accurately reported and taxes optimized</p>
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<p>Monitor Financial MIS for business parameters and take appropriate action on a timely basis</p>
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<p>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.</p>
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<p>Ensure that relevant tax, registration and membership documents are provided to the banks</p>
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<p>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</p>
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<p>Ensure all trade practices are in accordance with the handbook of procedures issued by the Ministry of Finance from time to time</p>
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<p>Guide management of Forex exposure, like foreign exchange contracts, to mitigate currency risk to the minimum</p>
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<p>Direct financial transactions through Dubai office to ensure maximum benefit in terms of tax liability and credit period</p>
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<p>Provide commercial related advice, monitor costs and protect organization against business risk</p>
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<p>Manage the relationship with banks and regulatory bodies to ensure faster and cost effective transactions</p>
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<p>Ensure that the organization is adequately and cost effectively insured against risks</p>
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<p>Oversee optimum management of corporate funds through effective treasury</p>
<p>management & compliance to company policy and achieve maximum possible return</p>
<p>within the policy framework</p>
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<p>Ensure corporate governance with regards to financial and other matters</p>
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<p>Closely monitor cash flows and take necessary steps to ensure continuous availability of</p>
<p>working capital</p>
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<p>Mentor and coach subordinates to develop the team’s capabilities and build a strong</p>
<p>succession pipeline for the role</p>
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