Responsible for administration and functioning of the following departments. 1. Finance and Accounts Department. 2. HR and Administration Department. 3. Purchase and Stores Department. 4. IT Department.
Participate in business planning and strategy formulation exercise of the company. Taking the reports from the HODs of all the department which are functioning under his leadership and give regular updates to the MD regarding the working of the company. Review Reports/MIS and discuss with MD on the inputs on the growth of the unit, company and group. Study and scout for emerging businesses which the company can undertake. Solve inter departmental issues arising within the departments under his control or with the other departments. Ensure proper co-ordination and conformity between all the functional departments of the company. Entertain/co-ordinate meeting with the stakeholder of the company. Ensure the overall internal control system in the company is working effectively and efficiently. Participate in preparation of overall annual budget of the company in association with other members of top management. Undertake any other responsibility as assigned by Top Management.
The department wise responsibility of CFO is as under
Finance and Accounts Department
Authorization of the expenses as per the Delegation Of Powers (DOP). Treasury and risk management. Finalizing the funding arrangement of the company. Ensuring timely closure of books of accounts and preparation and adoption of financial statements. Signing of cheques as per the DOP.
HR and Administration Department
Take interviews and recruitment of Senior Management level staff. Address employees redressal and unrest and motivate them. Team building and skill development. Handle legal matter that the company may face. Approve/authorize various functions and process in the department. Part of team for deciding the pay structure for all the levels of employees. Review of performance appraisals process of the employees of the company.
Purchase and Stores Department
Overall in-charge of purchase and stores functions. Finalize the vendors and service providers for procurement. Authorize Indents and Purchase Orders/Work Orders. Authorize new vendors/service providers. If need be negotiate with vendors/service providers. Review physical verification reports and following up on corrective actions. Review vendor appraisal process. To be involved closely in capex purchase of substantial nature.
IT Department
Being actively involved in ERP vendor selection process and its implementation. Ensure IT policies are implemented and followed in the company. Ensure company has in place an executable crisis management plan. Approve IT related purchases (hardwares or softwares). Responsible for overall upkeep of IT systems (hardwares & softwares).
Salary: Best in the Industry Industry: Chemicals / PetroChemical / Plastic / Rubber Functional Area: Accounts , Finance , Tax , Company Secretary , Audit Role Category: Head/VP/GM-CFO/Financial Controller Role: Head/VP/GM-CFO/Financial Controller Preferred Qualification : PG - CA, MBA/PGDM - Finance Skills Having experience of 15 to 25 years in Accounts