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CFO | Scrabble

Posted on August 23, 2023

Job Description

  • Develop financial models and valuation scenarios to undertake feasibility analysis of various potential investors / investments

  • Guide organization on decisions in areas of capital structure, financing mix, financial leverage in order to maximize overall value of the corporation

  • Undertake corporate financial planning exercise and prepare annual financial budgets for the organization

  • Provide strategic financial direction to various departments to achieve business targets

  • Direct the development, maintenance and implementation of all accounting policies & procedures in compliance with accounting standards

  • Direct corporate taxation and compliance with allied laws to ensure that the organization’s finances are accurately reported and taxes optimized

  • Monitor Financial MIS for business parameters and take appropriate action on a timely basis

  • 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.

  • Ensure that relevant tax, registration and membership documents are provided to the banks

  • 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

  • Ensure all trade practices are in accordance with the handbook of procedures issued by the Ministry of Finance from time to time

  • Guide management of Forex exposure, like foreign exchange contracts, to mitigate currency risk to the minimum

  • Direct financial transactions through Dubai office to ensure maximum benefit in terms of tax liability and credit period

  • Provide commercial related advice, monitor costs and protect organization against business risk

  • Manage the relationship with banks and regulatory bodies to ensure faster and cost effective transactions

  • Ensure that the organization is adequately and cost effectively insured against risks

  • Oversee optimum management of corporate funds through effective treasury

    management & compliance to company policy and achieve maximum possible return

    within the policy framework

  • Ensure corporate governance with regards to financial and other matters

  • Closely monitor cash flows and take necessary steps to ensure continuous availability of

    working capital

  • Mentor and coach subordinates to develop the team’s capabilities and build a strong

    succession pipeline for the role

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