Chief Financial Officer

10 years

0 Lacs

Posted:2 weeks ago| Platform: Linkedin logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Position Title: Cluster Head - Finance Location: Cluster HQ Department: Finance Key Responsibilities Financial Books & Compliance: Maintain financial records in line with company policies, Local GAAP, IFRS, and statutory requirements. Ensure hygiene of books through regular reviews and provide insights to management. Manage audits efficiently and liaise with internal auditors for timely resolutions. Profit & Budget Management: Support the Cluster Head in achieving project profit margins. Ensure timely submission of MIS reports and participate in budget preparation. Identify cost control measures during business reviews to align with approved budgets. Compliance & Risk Management: Ensure all business units adhere to internal company guidelines and local regulations (direct/indirect taxation). Develop a compliance checklist and ensure the business unit meets all regulatory requirements. Working Capital & Cash Flow Management: Manage and monitor working capital for the cluster to optimize cash flow. Implement cost-control measures to improve financial efficiency. ERP Implementation: Collaborate with the Group Finance Head to implement ERP systems for finance processes and ensure efficient utilization. Procurement & Cost Control: Review procurement processes to ensure cost-effectiveness and risk mitigation. Team Development: Plan manpower, foster motivation, and drive competence development among team members. Business Partnership: Act as a strategic business partner to the Cluster Head and Business Units by offering financial insights and commercial acumen. Critical Job Activities Ensure timely maintenance of financial records under Local GAAP and IFRS. Guide and train team members on bookkeeping and financial hygiene. Conduct quarterly Limited Reviews and year-end audits as per timelines. Collaborate with internal/external auditors for seamless audits. Support the preparation of budgets, forecasts (F0, F1, F2 & F3), and variance analysis to ensure financial targets are met. Participate actively in business reviews, ensuring cost control measures align with budgetary goals. Oversee tax filings, regulatory compliance, and documentation for statutory requirements. Required Competencies Strong knowledge of financial accounting standards (Local GAAP, IFRS) Budgeting, Forecasting, and Financial Analysis ERP System Implementation (Finance Modules) Team Leadership and People Management Effective Communication and Stakeholder Management Performance Levels Demonstrated ability to meet financial deadlines Efficient risk management and cost-control initiatives Ensured compliance across finance, taxation, and reporting domains Ideal Candidate Profile Qualified Chartered Accountant (CA) / Certified Public Accountant (CPA) / MBA (Finance) or equivalent 10+ years of experience in financial management, preferably in EPC, Infrastructure, or Engineering sectors Proven track record in managing complex financial operations and supporting business growth (ref:iimjobs.com) Show more Show less

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