Job Description for CFO – Chief Finance Officer
Position Type: Full-Time, WFO
Total CTC: ₹40–75 lakh
Performance Bonus: 15–25%
Location: Noida & Pan India
Note:- Excellent Knowledge & communication skills
A CFO at Cordova should deliver measurable business outcomes within 12–24 months.
Key Responsibilities-
1- First 90 Days Deliverables -
· Complete Financial Health Assessment
· A detailed report covering:
· Profitability of each business vertical
· School profitability
· Resort profitability
· Publishing profitability
· UAE retail profitability
· Export profitability
· Cash flow analysis
· Working capital analysis
· Risks and leakages
2- Group MIS Dashboard –
· A monthly dashboard showing:
· Revenue
· Gross margin
· EBITDA
· Cash position
· Receivables
· Inventory
· Business-wise profitability
· Budget vs actual
Note - This should reach the CEO by the 5th of every month.
3- Internal Control Framework
· Financial approval matrix
· Procurement controls
· Expense controls
· Inventory controls & Authority limits
First Year Deliverables
Improve Cash Flow i.e. For a publishing company, this is usually the biggest opportunity.
Targets:
· Reduce debtor days by 20–30%
· Improve collection efficiency
· Release blocked cash from inventory
Example: If ₹10 crore is stuck in receivables and inventory, the CFO should aim to release ₹2–3 crore during the first year & Improve Working Capital
Target:
· Reduce unnecessary inventory
· Improve stock turnover
· Reduce obsolete inventory
Publishing companies often have substantial dead stock. A good CFO should identify it.
Banking and Treasury Optimisation
Deliverables:
· Lower interest cost
· Better banking facilities
· Working capital enhancement
· Export finance facilities
· FX risk management
Target: 5–15% reduction in finance cost.
Tax Optimisation
Legally optimise:
· Corporate tax
· GST
· UAE tax structure
· Transfer pricing
· Export incentives
Target: Meaningful annual tax savings.
ERP and Automation - Within 12 months:
· Unified ERP
· Real-time reporting
· Business-wise P&L
· Inventory visibility
· Cash-flow forecasting
Strategic Deliverables
Group Restructuring - The CFO should evaluate:
· Whether the current group structure is optimal
· Holding company structure
· UAE structure
· School structure
· Resort structure And recommend improvements.
Expansion Funding - If Cordova plans:
· School expansion
· Hospital project
· Retail expansion
· Publishing growth
The CFO should prepare:
· DPRs
· Financial models
· Bank funding strategy
· Investor presentations
Annual Budgeting Discipline - Each business should have:
· Revenue target
· Profit target
· Cash-flow target
· Capital expenditure budget
KPIs for CFO Bonus - I would link 40–50% of the CFO's bonus to measurable outcomes:
KPI Weight
EBITDA Growth 25%
Collection Improvement 20%
Working Capital Reduction 20%
Cash Flow Improvement 15%
MIS & Governance 10%
Cost Optimisation 10%
What I Would Expect from a Strong CFO at Cordova - After 24 months, I would expect the CFO to be able to demonstrate:
· ₹3–10 crore improvement in cash flow
· Better profitability visibility across all businesses
· Monthly MIS by the 5th of every month
· Strong banking relationships
· Reduced financial leakages
· Clear business-wise profitability reporting
· Funding readiness for future projects such as the school expansion, resort expansion, or hospital venture
· A finance team that can run efficiently without constant CEO intervention
Job Description for CFO – Chief Finance Officer
Position Type: Full-Time, WFO
Total CTC: ₹50–75 lakh
Performance Bonus: 15–25%
Location: Noida & Pan India
Note:- Excellent Knowledge & communication skills
A CFO at Cordova should deliver measurable business outcomes within 12–24 months.
Key Responsibilities-
1- First 90 Days Deliverables -
· Complete Financial Health Assessment
· A detailed report covering:
· Profitability of each business vertical
· School profitability
· Resort profitability
· Publishing profitability
· UAE retail profitability
· Export profitability
· Cash flow analysis
· Working capital analysis
· Risks and leakages
2- Group MIS Dashboard –
· A monthly dashboard showing:
· Revenue
· Gross margin
· EBITDA
· Cash position
· Receivables
· Inventory
· Business-wise profitability
· Budget vs actual
Note - This should reach the CEO by the 5th of every month.
3- Internal Control Framework
· Financial approval matrix
· Procurement controls
· Expense controls
· Inventory controls & Authority limits
First Year Deliverables
Improve Cash Flow i.e. For a publishing company, this is usually the biggest opportunity.
Targets:
· Reduce debtor days by 20–30%
· Improve collection efficiency
· Release blocked cash from inventory
Example: If ₹10 crore is stuck in receivables and inventory, the CFO should aim to release ₹2–3 crore during the first year & Improve Working Capital
Target:
· Reduce unnecessary inventory
· Improve stock turnover
· Reduce obsolete inventory
Publishing companies often have substantial dead stock. A good CFO should identify it.
Banking and Treasury Optimisation
Deliverables:
· Lower interest cost
· Better banking facilities
· Working capital enhancement
· Export finance facilities
· FX risk management
Target: 5–15% reduction in finance cost.
Tax Optimisation
Legally optimise:
· Corporate tax
· GST
· UAE tax structure
· Transfer pricing
· Export incentives
Target: Meaningful annual tax savings.
ERP and Automation - Within 12 months:
· Unified ERP
· Real-time reporting
· Business-wise P&L
· Inventory visibility
· Cash-flow forecasting
Strategic Deliverables
Group Restructuring - The CFO should evaluate:
· Whether the current group structure is optimal
· Holding company structure
· UAE structure
· School structure
· Resort structure And recommend improvements.
Expansion Funding - If Cordova plans:
· School expansion
· Hospital project
· Retail expansion
· Publishing growth
The CFO should prepare:
· DPRs
· Financial models
· Bank funding strategy
· Investor presentations
Annual Budgeting Discipline - Each business should have:
· Revenue target
· Profit target
· Cash-flow target
· Capital expenditure budget
KPIs for CFO Bonus - I would link 40–50% of the CFO's bonus to measurable outcomes:
KPI Weight
EBITDA Growth 25%
Collection Improvement 20%
Working Capital Reduction 20%
Cash Flow Improvement 15%
MIS & Governance 10%
Cost Optimisation 10%
What I Would Expect from a Strong CFO at Cordova - After 24 months, I would expect the CFO to be able to demonstrate:
· ₹3–10 crore improvement in cash flow
· Better profitability visibility across all businesses
· Monthly MIS by the 5th of every month
· Strong banking relationships
· Reduced financial leakages
· Clear business-wise profitability reporting
· Funding readiness for future projects such as the school expansion, resort expansion, or hospital venture
· A finance team that can run efficiently without constant CEO intervention
Pay: ₹200,000.00 - ₹400,000.00 per month
Work Location: In person
