Chief Financial Officer

Cheran Group of Companies

  • Coimbatore, Tamil Nadu
  • Permanent
  • Full-time
  • 2 months ago
Key Job Responsibilities
  • Advise the management on aspects of capital structuring, business expansion, growth and profitability, strategic alliances, fund-raising, and information systems.
  • Review, develop and implement internal finance policies, procedures and introduce best practices of finance and accounting; Contribute to the knowledge and implementation of best practices in the businesses, including on regulatory and statutory compliances.
  • Manage projects, treasury, cost management, budgeting and accounting.
  • Ensure co-ordination with the Group's Auditors for Statutory Audit, Tax Audit and Internal Audit and other allied matters; ensure finalization of Audits with Statutory Auditors / Internal Auditors
  • Oversee, guide and coordinate all direct and indirect taxation matters relating to businesses and employees.
  • Maintain relationships with banks and other external financial intermediaries, as well as with relevant professional bodies.
  • Take responsibility (either directly or via staff) for all cash management, investments, insurance, budgeting, and financial reporting, and help drive the company's financial strategy and hiring needs.
  • Coordinate development of annual operating, capital, and program budgets, as well as reporting for the same.
  • Ensure cash flow is compatible with operations by overseeing day-to-day accounting, recording, reporting, and internal-control activities of the organization.
  • Oversee monthly P&L for all the businesses along with accounts payable and receivables.
  • Develop and implement best practices and tools to ensure a well-controlled yet flexible organization that has strong fiscal management, risk mitigation, project coordination, cross-team communications, and workflows.
  • Comply with national and local financial requirements by studying existing and new legislation, keeping oneself updated on any changes and taking appropriate action.
  • Work with senior managers to efficiently develop budget proposals, provide access to project finance information, and ensure contract/grant compliance and reporting.
  • Research revenue opportunities and economic trends, analyze internal operations, and identify areas for cost optimization and process enhancement.
  • Set and reset processes and systems and streamline the implementation of the ERP.
  • Perform risk management through analysis of company liabilities and investments, and evaluate and manage capital structure and fundraising initiatives.
  • Recruit, manage and mentor the finance, tax and audit teams across businesses and oversee financial IT systems, ensuring compliance with relevant regulatory entities.
  • Engage very closely with the Managing Director and his office on a continuous basis on all aspects related to financials, profitability, governance and external risk mitigation.
Educational QualificationsCA / ICWA/ MBA FinanceMust Haves
  • At least 15 to 18 years of experience in professionally managed organizations. Should have led the finance function independently.
  • Track record of achievement and growth within the organizations worked in, from the perspective of `value-addition' and the ability to contribute to strategy and business growth.
  • Financial experience should include hands-on experience in financial accounting, planning, and budgeting, taxation, internal controls, and audit. High degree of sensitivity and awareness of regulatory, compliance and legal issues is important.
  • Strong business acumen: Must have the ability to understand business / commercial issues and significantly contribute to the business planning process. Possess a firm understanding of critical success factors for operating a profitable and growing group, in a highly complex environment.
  • Should have experience of working on Oracle or SAP
  • Demonstrated ability to make decisions under pressure. Effective decision maker, using sound logic and judgment, to identify problems and evaluate alternatives.
  • Strong analytical skills and exceptional clarity in thinking
  • Proven negotiation skills and strong presentation skills; ability to interface effectively with peers / senior management and senior external stakeholders.
  • Integrity and transparency - strongly grounded in values, willingness to take a stand when required.

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