Regional CFO (Mumbai)

Job Description

The CFO will the ears and mind of the CEO wrt the profitability and governance of the business. CFO is a core business partner to the CEO. RCFOs to take lead on optimizing (not necessarily minimizing) the costs of the company through 360 approach to sustainable change: using both qualitative as well as quantitative assessment of existing practices, and balancing achievement of our financial goals with delivering on target quality of our product and service + delivering on the reasonable financial success of our stakeholders (vendors, associates, customers). Role & responsibilities 1. Profitability - a. Jointly responsible with CEO for delivering on the top-line and bottom-line (PBT and IRR) goals of the business / region. b. Identifying opportunities for improvement in profitability, basis analytical approach including external and internal benchmarking, as well as best practice study. Aligning with CEO on these opportunities and driving implementation. Key focus area for profitability improvement will include: i. Pricing ii. Construction Costs iii. Sales & Marketing costs iv. Other Overhead & People costs (including productivity and insourcing v. outsourcing) v. HPM Costs RCFO will develop functional budgets/ targets for the above with the functional / business leads and pro-actively work with these leaders to implement improvement using the 360 approach to sustainable change. c. Cost Consciousness: Drive a robust cost-conscious culture through regular reviews, e.g., working closely with the DCO team to optimize construction costs, identifying opportunities for pricing materials/work orders with procurement teams, managing selling and marketing overheads, and controlling corporate-level people costs, including HPM costs. 2. Business Planning & Reporting: In consultation with Core Leadership and Group Finance a. Set KPIs (Sales, Profitability, New business added, Reputation & ESG scores) and track / report against performance thereto b. Prepare annual, short term & medium term business plans and track performance and improvement measures. 3. Governance Ensuring that one picture on the businesss performance (topline and bottomline) is available in system-based manner (and almost real time) for business/region as well as Group 4. Accounts a. Finalizing quarterly / annual accounts of the Business (working with Group Finance function) as per guidelines framed by Group CFO. 5. Commercial a. Setting up and controlling processes followed by regions commercial teams (construction, HPM, Business Strategy etc.). Reporting: Business CEO (day-to-day) & Group Controller (functional) Background : 1. Exposure to business finance role / mindset 2. Chartered Accountant (C.A.) - First / Second attempt 3. 13+ years of post-qualification experience