The Chief Finance Officer (CFO) will be a pivotal leader responsible for overseeing all financial operations, including finance controlling, accounting, treasury, and fund-raising activities for a dynamic Housing Finance Company. This role requires a strategic thinker with a strong operational background, capable of driving financial performance, ensuring regulatory compliance, and securing capital to fuel growth. The CFO will be a key member of the executive team, contributing to the overall strategic direction and success of the company.
- Financial Controlling & Planning:
- Develop and implement robust financial planning, budgeting, and forecasting processes.
- Monitor financial performance against budgets and forecasts, providing detailed variance analysis and actionable insights to the management team.
- Establish and maintain effective internal controls to safeguard company assets and ensure data integrity.
- Drive cost optimization initiatives and improve operational efficiency across the organization.
- Prepare comprehensive financial reports, including management accounts, profitability analysis, and key performance indicators (KPIs).
- Accounting & Reporting:
- Oversee all accounting operations, ensuring accurate and timely preparation of financial statements in accordance with relevant accounting standards (e.g., IFRS, Indian GAAP).
- Manage the general ledger, accounts payable, accounts receivable, and payroll functions.
- Coordinate and manage external audits, ensuring compliance with statutory requirements and resolving audit observations.
- Ensure compliance with all tax regulations (direct and indirect taxes) and manage tax planning strategies.
- Develop and implement accounting policies and procedures to enhance efficiency and compliance.
- Fund Raising & Treasury Management:
- Develop and execute comprehensive fund-raising strategies, including debt syndication, equity capital raising, and other innovative financing solutions to meet the company's growth objectives.
- Cultivate and maintain strong relationships with banks, financial institutions, investors, and rating agencies.
- Oversee treasury operations, including cash flow management, liquidity planning, and investment of surplus funds.
- Manage foreign exchange risk and interest rate risk exposures.
- Negotiate favorable terms and conditions for all financing arrangements.
- Strategic Leadership & Compliance:
- Provide strategic financial guidance to the CEO and Board of Directors on business growth, capital allocation, and risk management.
- Ensure strict adherence to all regulatory requirements pertinent to Housing Finance Companies (e.g., NHB, RBI guidelines).
- Lead and mentor the finance team, fostering a culture of high performance, collaboration, and continuous improvement.
- Participate in due diligence for potential mergers, acquisitions, or strategic partnerships.
- Implement and maintain strong corporate governance practices.
