Tak Technologies - Chief Financial Officer - Finance Controller - CPA/CFA (8-10 yrs)

Chief Financial Officer/ Finance Controller

Company Brief:

Established in 2001, TAK Technologies Pvt. Ltd. embarked on a mission to make a lasting impact on the Indian defense sector by delivering top-quality products and solutions coupled with efficient and responsive support services. With over 22 years of experience serving the Indian defense sector and various Government Establishments, we excel as manufacturer of Optical and Opto-electronics equipment's and Security System Integrators, dedicated to meeting our clients' security and maintenance needs while ensuring utmost customer satisfaction.

In the world of precision optics, reliability is paramount. At our Electro Optical Manufacturing Company, we understand that when reliability truly counts, our products stand the test. With a focus on quality assurance and meticulous craftsmanship, we ensure our optical solutions perform consistently and dependably, meeting the most stringent standards. Trust us when reliability is non-negotiable.

About DarVi Products:

The "DarVi" brand proudly offers a comprehensive selection of cutting-edge opto-electronic products, catering to the diverse range of requirements. Our exclusive collection includes top-of-the-line Night Vision Devices, advanced thermal Vision Devices, high-performance Day optics, innovative Electrical Power Fences, Sophisticated PTZ Cameras and Precision-engineered Mechanical mounts specifically designed to accommodate a variety of weapons.

- Night Vision Device

- Thermal Devices

- Day Optics Devices

Key Responsibilities:

1. Financial Strategy and Planning:

- Develop and implement financial strategies that align with the organization's goals.

- Lead long-term financial planning, including forecasting, budgeting, and cash flow management.

- Provide financial insights and recommendations to support decision-making processes.

2. Financial Reporting and Analysis:

- Oversee the preparation of accurate financial statements, including profit and loss, balance sheet, and cash flow reports.

- Monitor financial performance by analyzing variances from the budget and providing explanations to senior management.

- Ensure timely and accurate monthly, quarterly, and annual financial reporting.

3. Budget Management:

- Lead the annual budget preparation process, including coordination with various departments.

- Monitor and manage department budgets, ensuring compliance with financial plans.

- Conduct periodic reviews of the budget to ensure financial objectives are being met.

4. Compliance and Risk Management:

- Ensure compliance with all local, state, and federal financial regulations and tax laws.

- Oversee audits and liaise with external auditors, ensuring that the company meets all audit requirements.

- Establish and enforce internal controls to safeguard the organization's assets and ensure financial integrity.

5. Team Leadership and Development:

- Lead and manage the finance and accounting team, including recruitment, training, and performance evaluations.

- Foster a collaborative and high-performance culture within the team.

- Provide mentorship and professional development opportunities for staff.

6. Cash Flow Management:

- Oversee cash management, ensuring sufficient liquidity for operational needs.

- Manage relationships with banks, financial institutions, and investors to support funding needs.

- Monitor and optimize the organization's working capital.

7. Cost Control and Profitability:

- Develop cost control measures and identify opportunities for cost reduction and efficiency improvements.

- Ensure that financial resources are used effectively to support the company's profitability.

8. Stakeholder Communication:

- Communicate financial information to senior leadership, stakeholders, and investors.

- Prepare financial presentations for board meetings and key decision-making forums.

- Work closely with other department heads to align financial goals with operational objectives.

9. Tax and Regulatory Compliance:

- Oversee tax planning and ensure timely filing of tax returns.

- Stay updated on changes in tax laws and accounting standards, ensuring compliance with relevant regulations.

10. Strategic Financial Initiatives:

- Lead financial due diligence for mergers, acquisitions, or new investment opportunities.

- Identify and pursue opportunities to improve the financial performance of the company.

Key Skills and Qualifications:

- Education: Bachelor's degree in accounting, Finance, Economics, or a related field; a master's degree or MBA (Regular from a well reputed university) is often preferred.

- Certifications: Professional certifications such as CPA (Certified Public Accountant), CMA (Certified Management Accountant), or CFA (Chartered Financial Analyst) are often required.

- Experience: At least 8-10 years of experience in finance or accounting, with at least 5 years in a managerial or leadership role.

Technical Skills:

- Expertise in financial management software and ERP systems (e.g., SAP, Oracle).

- Advanced knowledge of financial modeling, budgeting, and forecasting techniques.

- Strong understanding of accounting principles, tax regulations, and financial compliance.

Leadership Skills:

- Proven experience in leading and managing a finance team.

- Strong communication and interpersonal skills to interact with both internal and external stakeholders.

- Ability to work under pressure, prioritize tasks, and meet deadlines.

Personal Attributes:

- Strong analytical and problem-solving skills.

- Detail-oriented with a strategic mindset.

- High level of integrity and ethical standards.

- Ability to influence decision-making and drive results.