Chief Operating Financial Officer

Job Description

Department : Finance & Controlling Designation : Director & CFO Function : Department Head role Reporting to : Managing Director Responsible for : Finance & Controlling 1. Financial Accounting a) Develop and implement the Company’s financial strategy including review / recommendations of potential new business approaches and new business acquisitions and / or disposals b) Develop and present information to improve the financial management capabilities c) Develop, maintain and operate proper procedures for managing corporate funding, including the achievement of pre-agreed funding and income targets, in close co-operation with Project Managers d) Oversee and control the acquisition and disposal of assets e) Keep up to date with the latest developments in good financial management practice by benchmarking and other means and introduce innovations as appropriate f) Maintaining the financial strength of the company and be responsible for cash position g) Fulfilling the agreed targets (budget) including key performance indicators h) Strong knowledge in indirect tax, works contract & exchange tax. 2. Commercial a) Provide guidance and support to the Company in respect of any contractual problems b) Act as a point of contact with the Company’s Lawyers / Auditors to get their advice and support on particular issues c) Support and advice sales in contractual questions, checking of RFQ’s etc. d) Responsible for fulfillment of statutory regulations e) Responsible for organization of board meetings, share holder meetings etc. f) Controlling g) Responsible for controlling the financials of the project including cash collection h) Monthly reporting of projects (project reports and cockpit charts) and organizing monthly project reviews i) Introduction of early warning systems 3. Company Secretarial a) Handling of company Secretarial Activities b) Collecting, Collating, Analyzing & Entry of data in Hyperion Reporting Package and preparation of monthly additional reports c) Bank Guarantee from Suppliers – Verification & approval process d) BG Records maintenance – Return after expiry & reminder for renewal e) BG – Issue process to Customer f) Consolidating the Debtors on monthly basis and Verification of the excel maintained debtor statement with SAP monthly to ensure accuracy g) BRV records maintenance h) Preparation of and entry into Hyperion of Budgets and Forecast information i) Timely preparation of monthly reports 4. Information Systems a) Monitor and oversee the operation of the information systems department b) Ensure the Company’s central computer based management systems work reliably and efficiently and are maintained and developed, ensuring the organization genuinely benefits from a business led IT function through effectively managing strategy and investment for the future 4. Human Resources a) Monitor and oversee the operation of the Human Resources department b) Responsible for developing the annual manpower plan with leadership team c) Ensure adherence with all applicable international, national, state and local labor law d) Responsible for the organization’s employee cost 5. General a) Ensure Central Services adheres to Company policy and operates to procedures and work b) Regular contact with Group Financial and Administration Personnel c) Adhere to the Company’s operating norms d) Participate in regular department meetings, reviewing overall Company activities / performance e) Maintain a working knowledge of Company activities and provide direction, support and assistance where required f) Under take any other duties as reasonably requested by immediate superior Competence Requirements: a) Functional Area: Finance & Controlling b) Education: MBA, CA* or similar c) Experience: 12 - 20 years Skill Set: 1. Strong competence in accounting and finance 2. Soft skills like communication skills, conflict resolution, self-discipline and punctuality 3. Leadership skills and team-player 4. Decision maker 5. Strategical competence 6. Analytical approach 7. Knowledge in SAP- ERP, MS-office 8. Experience in equipment and/ or construction industry with project oriented back ground Key Performance Indicators (KPIs) • Achieve funding and income targets through effective Fund Management • Ensure Budget adherence across the organization • Meet Project / Sales Collections Targets • Compliance to all statutory requirements • No High risk observations in Audit reports • No errors in verification of Bank Guarantees from suppliers • Timely preparation of monthly reports Show more Show less