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CHIEF FINANCIAL OFFICER
Bombay Mercantile Co-Operative Bank
posted 8d ago
Job Role Insights
Fixed timing
Key skills for the job
Job Description
- Providing strategic recommendations to the CEO/ and members of the executive management team
- Monitor and direct the Treasury function of the bank including but not restricted to maintainance of CRR, SLR and other statutory reserves.
- Monitor and direct and maximse the profit from Treasury Operations / Trading and maintainance
- Ensure proper regulatory reporting
- Monitor and direct the implementation of strategic business plans
- Manage the processes for financial forecasting and budgets, and oversee the preparation of all financial reporting
- Advise on long-term business and financial planning
- Develop financial and tax strategies
- Develop effective performance measures that support the Banks strategic direction
- Participate in key decisions as a member of the executive management team
- Maintain in-depth relations with all members of the management team
- Providing leadership, direction and management to the HR, finance, and accounting teams
- Manage the accounting, human resources, legal, tax, and treasury departments
- Oversee the Banks transaction processing systems
- Implement operational best practices
- Oversee employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package
- Supervise acquisition due diligence and negotiate acquisitions
- Prepare and/or oversee the issuance of financial information, including monthly and quarterly management reporting as well as monthly board of director reporting packs
- Coordinate the annual audit and ensure proper filing of all tax returns
- Report and explain quarterly and annual financial results to the board of directors
- Understand and mitigate key elements of the Banks risk profile
- Monitor all open legal issues involving the Bank, and legal issues affecting the industry
- Construct and monitor reliable control systems
- Maintain appropriate insurance coverage
- Ensure that the Bank complies with all legal and regulatory requirements
Employment Type: Full Time, Permanent
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based on 16 employees
Strict timing
Alternate Saturday off
Within city
Day Shift
Bombay Mercantile Co-Operative Bank Benefits
View more benefits
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