Shalimar Corp - Chief Financial Officer - CA

• Role Purpose
  
  

The purpose of the role is to manage overall financial management and accounting operations, contribute in the overall growth of the organization by analyzing the financial consequences of all proposed courses of action which will also include developing and maintaining appropriate financial policies framework and presenting true and fair view of the financial position of the company.

• Goals
• Timely and Accurate completion of Balance Sheet & financial statements (Quarterly and Yearly)
  
  

Quarterly: April - June, July - Sept., Oct. - Dec, Jan - March

Annual: April - March

• Interest paid/penalty for any Statutory Taxes
• Eliminate Statutory Obligations
• Implementation of budgeting system/process
• Reduction on WACC
• EBITDA as a % Revenue
• Role Requirements
  
  

Minimum Education Requirement CA

Experience (In Years) 20 -25 Years, Last 10 plus years in Real Estate Company

Certifications/Addition Qualification CMA will be additional Advantage

• Key Skills Required
• Communication skills to engage with the team and other departments
• Ability to respond to emergencies / stressful situations
• Ability to manage teams
• Ability to work in cross functional teams
• Financial and business acumen
• Working knowledge of IND AS, audits, and other regulatory requirements in the financial field
• Strategist
• Knowledge of business operations processes
• Key Responsibilities / Tasks / Activities
• Provide financial and strategic guidance in order to meet the financial objectives of the organization
• Continually monitor financial systems and processes to identify improvements or efficiencies as part of a continuous improvement plan
• Ensure appropriate checks and balances are put in place to mitigate the risk of error and fraud
• Advise the Managing Director in matters related to the organization's financial and monetary decisions
• Work with the team to develop finance policies and procedures and ensure that these are being consistently followed by relevant stakeholders
• Direct the day-to-day accounting operations including oversight of accounts payable and receivable, and maintenance of the general ledger
• Contribute in negotiating contracts and rates, financial conditions, credit terms and LC requirements in conjunction with Commercial Function Head
• Prepare, analyze and present financial reports (income statements and balance sheets) in an accurate and timely manner; clearly communicate monthly and annual financial statements to senior management
• Ensure protection for the assets of the business through internal control and proper insurance coverage
• Facilitate, coach and support all budget-holders and managers in delivering budgets and forecast as required
• Screen new projects and conduct feasibility studies to determine the financial viability of new ventures and project cash flow
• Liaise with financial institutions and Banks for raising fund and non-fund-based facilities at favourable terms to meet working capital & term loan requirements for routine business operations and projects
• Monitor total cash flow of the company to review the cash position and forecast funds required for all the expenses i.e. Treasury Management, Receivable management, projects, capex, expansion, etc.
• Develop & implement an internal audit program and ensure that the company complies with necessary financial & taxation related laws and regulations; review the internal audit processes and eliminate the shortfalls related to the process
• Ensure all financial activities and reporting are in compliance with financial regulations
• Liaise with external auditors on audit planning, current accounting requirements and audit issues
  
  

(ref:iimjobs.com)