Chief Finance Officer

Cordova Publications Pvt. Ltd.
Noida, Uttar Pradesh

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Job details

Full-time
₹2,00,000 - ₹4,00,000 a month

Qualifications

Cash flow analysis
Tally
Cordova
Operations management
English
Profit & loss
Business development
Analysis skills
Supervising experience
Accounting
Financial management
Account management
Leadership
Communication skills
Banking
Tax experience
Negotiation
Senior leadership

Full job description

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