CFO (CA 15-20 years, Textile/Manufacturing Sector, Mumbai)

Responsibilities for Chief Financial Officer (CFO):

Team size: 20 people

Reports to: COO and MD

• Drive the company's financial planning
• Perform risk management by analyzing the organization's liabilities and investments
• Decide on investment strategies by considering cash and liquidity risks
• Control and evaluate the organization's fundraising plans and capital structure
• Ensure cash flow is appropriate for the organization's operations
• Supervise all finance personnel (controllers, treasurers etc.)
• Manage vendor relationships
• Prepare reliable current and forecasting reports
• Set up and oversee the company's finance system
• Ensure compliance with the law and company's policies
• Manage a team of financial controllers and financial analysts
• Oversees Accounting department, budget preparation, and audit functions.
• Directs the preparation of all financial statements, including income statements, balance sheets, shareholder reports, tax returns, and governmental agency reports.
• Compares sales and profit projections to actual figures and budgeted expenses to actual expenses; makes or oversees any necessary adjustments to future projections and budgets.
• Reviews the planning process and suggest improvements to current methods.
• Analyzes operations to identify areas in need of reorganization, downsizing, or elimination.
• Identifies opportunities for expansion into new product areas.
• Oversees investment of funds and works with investment bankers to raise additional capital required for expansion.
• Studies long-range economic trends and projects their impact on future growth in sales and market share.
• Supervising cost reduction by examination, and analysis in all areas.