Job
Description
Position Overview The Chief Financial Officer (CFO) will be responsible for overseeing all financial functions of the Group, including strategic financial planning, risk management, compliance, treasury, taxation, and people leadership. As a key member of the leadership team, the CFO will provide financial insights that inform business decisions, ensure sound financial management, and support the Group’s ambitious growth and digitization agenda. Key Responsibilities 1. Strategic & Business Finance • Present monthly and quarterly financial performance, profitability trends, and forecasts to the Management. • Provide strategic financial insights into dealership KPIs like Shop Absorption, Gross Profit per RO, Inventory Turns, and RoS. • Collaborate with OEMs on compliance, reporting and performance alignment. • Identify and lead initiatives to improve revenue realization, service efficiency, and customer retention profitability. 2. Financial Planning, Controlling & Risk Management • Lead the preparation, monitoring, and review of annual operating plans, budgets, and rolling forecasts. • Establish and enforce robust internal controls and ensure adherence to corporate and statutory policies across all dealerships. • Oversee dealership-level risk management, including credit risk, capex approvals, and funding structure optimization. • Evaluate new business proposals, showroom/service infra expansions, and partnerships from an ROI perspective. 3. Accounting & Compliance • Ensure timely and accurate monthly closings, GL maintenance, and financial reporting in accordance with Ind AS. • Supervise statutory, internal, and tax audits; ensure audit readiness and resolve audit findings effectively. • Manage accounting of receivables, payables, inventory, and fixed assets; monitor ageing and implement collection strategies. 4. Treasury & Cash Flow Management • Manage dealer working capital, OD limits, stock hypothecation lines, and capex financing. • Ensure efficient fund utilization, cash flow forecasting, and timely settlements across multiple locations and brands. • Foster strong relationships with banks, NBFCs, and financial institutions for optimal funding and treasury operations. 5. Taxation • Oversee accurate computation and timely filing of all direct and indirect tax returns (GST, TDS, Advance Tax, Income Tax). • Lead tax planning and optimization while ensuring full compliance with applicable laws and regulations. • Handle GST reconciliations, tax assessments, and represent the group in front of relevant authorities. 6. People & Process Leadership • Lead and mentor a multi-location finance team; build a high-performance, accountable finance organization. • Design and implement SOPs and tech-enabled workflows to streamline financial operations. • Champion automation and digitization of financial processes, MIS reporting, and analytics dashboards. Key Qualifications & Experience • Chartered Accountant (CA) is mandatory; additional qualifications like MBA (Finance) or CFA are a plus. • Minimum 8–10 years of progressive experience in finance, with at least 5 years in a leadership role, preferably in automotive, retail, or multi-location businesses. • Strong knowledge of Ind AS, taxation laws, dealership accounting practices, and financial systems (SAP/ERP). • Proven track record of financial leadership, stakeholder management, and process improvements. Show more Show less
