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Great Life

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4.8

based on 2 Reviews

2 Great Life Jobs

CFO - Chief Finance Officer

Gray Matters Capital

4.8

based on 2 Reviews

7-13 years

New Delhi

1 vacancy

CFO - Chief Finance Officer

Great Life

posted 29d ago

Job Role Insights

Flexible timing

Key skills for the job

Data Analysis Financial Analysis Cash Management Services MS Office Software Asset Management Budgeting

+ 4 more

Job Description

We are proud to be the first company in the world to exclusively fund education institutions. Earlier these institutions, especially affordable private schools were facing challenges to get funding from the formal financial sector, as a result the requirements were met either by borrowing from unorganized market at higher cost or these projects were delayed/shelved till accumulations from internal accruals. Now with ISFC funding, these institutions can undertake their projects as planned without delays.

As a CFO, your scope of work will cover

Assess and evaluate financial performance of organization with regard to long-term operational goals, budgets and forecasts.
Identify, acquire and implement systems and software to provide critical financial and operational information. Evaluate departments and make suggestions for automating processes and increasing working efficiency.
Communicate, engage and interact with Board of Directors, CEO, COO and Executive Leadership Team.
Create and establish yearly financial objectives that align with the company s plan for growth and expansion.
Participate in pivotal decisions as they relate to strategic initiatives and operational models.
Interact with and bring department into line with Board of Directors plans, initiatives and recommendations.
Implement policies, procedures and processes as deemed appropriate by senior leadership team.

Raising Debt and Equity from financial institutions and investors as per the growth plans of the organisation

Leading the relationship management with lenders

Manage cash flow planning process and ensure funds availability

Oversee cash, investments and asset management

Explore new investment opportunities and provide recommendations on potential returns and risks.

Maintain outstanding banking relationships and strategic alliances with vendors and business partners.

Develop short term and long-term plans, projections and budgets.

Represent company to banks, financial partners, institutions, investors and auditors

Prepare and present monthly financial budgeting reports including monthly profit and loss, forecast vs. budget and others.

Review and analyze monthly financial results and provide recommendations.

Develop and maintain monthly operating budget and annual company operating budget.

Accounting, General Ledger, Administration and Operations

Supervise the accounting department to ensure the proper functioning of all systems, databases and financial software. Provide regular maintenance and backup of all accounting systems and supervise company financial staff.
Ensure timeliness and accuracy of financial and management reporting data for banks, investors and company s board of directors.
Oversee the preparation and communication of weekly, monthly and annual financial statements.
Oversee the preparation and timely filing of all tax returns.
Work with Human Resources to ensure appropriate compliance.
Oversee the month-end close process, constantly reviewing procedures while eliminating inefficiencies.
Oversee preparation of monthly, quarterly and annual financial statements.
Review all month-end closing activities including general ledger accounts, balance sheet accounts and overhead cost allocation.
Enhance and implement financial and accounting systems, processes, tools and control systems
Serve as a key point of contact for external auditors; Manage preparation and support of all external audits.

Mentor and develop a team of 10 senior managers, managing work allocation, systems training, performance evaluations, and the building of an effective and efficient team dynamic.
Oversee cash management, approve large payables, authorize large wires and ACHs

Requirements

Excellent knowledge of data analysis and forecasting methods.

Proficient in the use of MS Office and financial management software.

Ability to strategize and solve problems.

Strong leadership and organizational skills.

Excellent communication and people skills.

An analytical mind, comfortable with numbers.

Employment Type: Full Time, Permanent

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