Chief Finance Officer (CFO)

Position Title: Chief Finance Officer (CFO)

Department

Position Summary

GST

Key Responsibilities

Financial Management & Accounting

• Lead the preparation of financial statements as per applicable accounting standards (Ind AS/IFRS)
• Ensure timely closure of books and statutory audits

Cost Accounting & Control

• Implement and monitor cost control measures across departments
• Analyze product/service costs and suggest cost optimization strategies
• Manage overhead allocation, break-even analysis, and margin analysis

Taxation & Statutory Compliance

• Ensure accurate and timely filing of GST returns (GSTR-1, GSTR-3B, GSTR-9, etc.)
• Conduct GST reconciliations, manage ITC claims, and handle GST audits
• Handle direct tax compliance including TDS/TCS, income tax filings, and advance tax
• Respond to income tax and GST notices, assessments, and audits
• Maintain up-to-date knowledge of tax laws and implications for business operations

Government Liaison & Representation

• Represent the company before GST, Income Tax, ROC, PF/ESI, and other statutory authorities
• Coordinate responses to departmental audits, inspections, and legal queries
• Liaise with consultants, tax advisors, and external auditors

Strategic & Leadership Functions

• Provide financial insights to support business decision-making
• Advise management on risk mitigation, pricing, and investment planning
• Lead and mentor the finance team to ensure accuracy, efficiency, and upskilling
• Collaborate cross-functionally with HR, Operations, Legal, and Procurement

ERP, MIS & Reporting

• Oversee implementation and operation of accounting/ERP software (e.g., Tally, SAP)
• Generate financial MIS reports for senior management
• Ensure data accuracy and compliance with internal controls

Required Skills & Competencies

Skill Area

Specific Skills

Financial Management

Budgeting, forecasting, cash flow, fund management

Cost Accounting

Product costing, cost control, profitability analysis

Taxation

GST filing, ITC, income tax, TDS/TCS, tax planning

Govt. Representation

Drafting replies, attending hearings, audit handling

Compliance

ROC, PF/ESI, statutory audits, Companies Act understanding

Technology

ERP proficiency (Tally/SAP/Oracle), Excel, MIS generation

Leadership

Team management, strategic planning, cross-functional leadership

Communication

Report writing, stakeholder coordination, representation before authorities

Preferred Qualifications

• CMA or M.Com (mandatory)
• Additional certifications in taxation or finance (desirable)
• Strong command of accounting standards and taxation laws

Prior experience in appearing before government departments is highly desirable