CFO

Position Title: Chief Financial Officer (CFO)
Location: Raipur
Department: Finance

Job Summary:

The Chief Financial Officer (CFO) will be responsible for overseeing the financial operations and management of the organization. This includes strategic planning, financial risk management, financial reporting, auditing, taxation, compliance, corporate governance, and investor relations. The CFO will ensure the company's financial practices are in line with all regulatory and statutory requirements, as well as drive the overall financial strategy to support the organizations growth objectives.

Key Responsibilities:

1. Financial Management & Planning:
• Oversee the preparation, management, and analysis of financial statements, ensuring compliance with accounting standards and company policies.
• Lead the development of financial strategies to achieve business goals, including long-term financial planning, budgeting, and forecasting.
• Prepare consolidated balance sheets and financial reports for internal and external stakeholders.
• Provide strategic direction to budgeting processes and financial modeling for various business scenarios.
• Continuously evaluate financial performance, recommend actions to reduce costs, improve profitability, and enhance operational efficiency.
2. Income Tax & Auditing:
• Manage all income tax-related activities, including the overall audit work, tax returns, and assessments.
• Coordinate and liaise with auditors, tax consultants, and external stakeholders to ensure tax compliance and optimize tax strategies.
• Oversee the preparation and submission of GST returns and handle notices related to GST compliance.
• Manage company audits, statutory audits, and internal audits, ensuring all audit requirements are met in a timely manner.
• Maintain a deep understanding of changing tax laws, regulatory developments, and global tax implications on the company.
3. Corporate Governance & Compliance:
• Ensure full compliance with the Companies Act and other statutory requirements under applicable laws.
• Handle the filing of annual returns, MGT 14, and other required filings with the Registrar of Companies (RoC).
• Oversee corporate governance practices, ensuring compliance with regulations, including maintaining records of director changes, share transfers, and charges reversal.
• Handle KYC requirements for the company and its directors.
• Manage legal cases, NCLT filings, and related legal and compliance matters.
• Establish and enforce financial and accounting policies to comply with corporate governance standards and prevent legal risks.
4. Corporate Financial Strategy & Reporting:
• Monitor and manage companys finances, ensuring financial health and profitability.
• Lead financial reporting, including preparation of monthly, quarterly, and annual financial statements.
• Ensure the accuracy and integrity of consolidated balance sheets, income statements, and other financial reports.
• Prepare reports for Board of Directors and senior management on financial performance, risks, and opportunities.
• Provide actionable financial insights to the Board and senior leadership team to influence business decisions.
• Supervise the preparation of reports related to financial forecasts, trends, and financial modeling.
5. Banking & Finance Management:
• Manage relationships with banks and financial institutions.
• Oversee loan facilities, renewals, and ratings of the company by credit rating agencies.
• Ensure effective cash flow management, liquidity, and working capital.
• Supervise the renewal of bank loans, credit facilities, and lines of credit.
• Lead negotiations for financing agreements and credit terms with lenders and investors.
• Monitor and manage financial transactions related to mergers, acquisitions, and joint ventures.
6. Investor & Stakeholder Relations:
• Manage relationships with investors, shareholders, and external stakeholders, providing clear financial reporting and communication.
• Ensure accurate filing of shareholder meeting records, including resolutions and minutes.
• Monitor and update investor shareholding and ensure compliance with regulatory filing requirements.
• Coordinate with investor relations teams for quarterly earnings calls and shareholder meetings.
• Assist in preparing financial information for analyst presentations, annual reports, and investor communications.
7. Financial Compliance & Risk Management:
• Lead and manage the company’s LEI (Legal Entity Identifier) compliance process.
• Oversee the company’s financial ris management framework and ensure mitigation of financial, operational, and compliance risks.
• Manage statutory and regulatory compliance matters in line with business operations and regulatory changes.
• Implement controls and policies to minimize financial risk exposure, including managing foreign exchange interest rate, and credit risks.
• Supervise the development and monitoring of risk management strategies and maintain compliance with laws and regulations governing financial practices.
8. Taxation & Strategic Planning:
• Manage tax planning and compliance processes, ensuring tax returns are prepared and filed in accordance with the law.
• Optimize corporate tax structures to achieve tax efficiencies and manage tax risks.
• Review the organization’s tax filings and ensure proper documentation and reporting.
• Oversee transfer pricing, tax audits, and risk assessments to mitigate exposure to penalties.
• Support strategic planning with financial modeling and analysis on acquisitions, divestitures, joint ventures, and expansion initiatives.
9. Leadership & Team Development:
• Lead the finance, accounting, and taxation teams to deliver consistent, high-quality performance.
• Build a high-performing finance team through mentoring, training, and career development opportunities.
• Foster a culture of collaboration, transparency, and accountability within the finance department.
• Develop and implement training programs to enhance the financial acumen of other departments.
• Evaluate and implement technology systems to improve finance operations and data analysis capabilities.
10. Mergers & Acquisitions (M&A), Corporate Restructuring, and Due Diligence:
• Provide financial oversight and lead due diligence processes for mergers, acquisitions, and strategic partnerships.
• Conduct financial analysis to assess potential risks and rewards of new business opportunities.
• Advise on capital structure and financing arrangements for corporate restructuring.
• Prepare and present financial models for potential mergers or acquisitions to senior management.
11. Corporate Social Responsibility (CSR) and ESG Reporting:
• Supervise the company's environmental, social, and governance (ESG) reporting and ensure alignment with global standards.
• Lead financial reporting related to CSR initiatives and ensure proper allocation of funds for socially responsible investments.
• Ensure adherence to corporate governance frameworks related to sustainability and socially responsible finance.
12. Additional Responsibilities:
• Oversee the company’s insurance policies, risk management strategies, and financial protection measures.
• Maintain and foster relationships with external auditors, regulatory bodies, tax authorities, and other stakeholders.
• Manage shareholder communications and ensure compliance with stock market regulations `.
• Provide expert financial guidance on strategic projects, new market entry, and organizational expansion plans.
• Lead financial technology adoption to improve financial reporting, analysis, and operations.
• Ensure the company’s financial transactions are accurately captured and reported across all business divisions.

Qualifications & Skills:

• Education:
• Chartered Accountant (CA) or equivalent financial qualification (CPA, ACCA, etc.).
• MBA in Finance is a plus.
• Experience:
• Minimum 12-15 years of experience in finance, with at least 5-7 years in a senior financial leadership role.
• Proven experience in corporate finance, audit, taxation, legal compliance, banking operations, and strategic financial management.
• Skills & Competencies:
• Strong knowledge of financial regulations, income tax laws, GST, Companies Act, and other relevant laws.
• Expertise in financial reporting, accounting principles, and audits.
• Ability to manage and lead a finance team.
• Strong understanding of banking relationships, loan management, credit ratings, and renewals.
• Excellent problem-solving, analytical, and decision-making abilities.
• Strong communication and interpersonal skills, with the ability to work effectively with internal and external stakeholders.
• Proven leadership skills and the ability to drive organizational change and financial strategies.
• Experience in mergers & acquisitions, corporate restructuring, and financial due diligence.
• Proficient in financial modeling,business forecasting, and financial analysis.

Work Environment:

• Full-time, office-based position with occasional travel as required.
• Collaborative work environment with a focus on leadership and financial excellence.