Associate – CFO Services

Location: Andheri East Mumbai

Department: CFO Advisory

Job Summary The Associate – CFO Services is responsible for leading finance and accounting engagements, providing strategic financial advisory, managing client relationships, and overseeing the delivery of outsourced CFO services. The role requires strong technical expertise in finance, compliance, business partnering, and team leadership to help clients improve financial performance and governance.

Key Responsibilities

Financial Management

- Lead end-to-end finance function for multiple client engagements.

- Prepare and review monthly, quarterly, and annual financial statements.

- Develop MIS reports, dashboards, and management reports.

- Monitor cash flow, working capital, and liquidity planning.

- Conduct profitability, variance, and financial performance analysis.

Strategic CFO Advisory

- Support business strategy through financial planning and analysis.

- Prepare annual budgets, forecasts, and rolling financial plans.

- Develop financial models for business expansion, fundraising, and investment decisions.

- Advise management on financial risks and business performance.

- Drive process improvements and finance transformation initiatives.

Compliance & Governance

- Ensure compliance with accounting standards and regulatory requirements.

- Coordinate statutory audits, internal audits, and tax audits.

- Liaise with auditors, banks, investors, and regulatory authorities.

- Strengthen internal controls and governance frameworks.

- Monitor statutory compliances including GST, TDS, Income Tax, Companies Act,



and other applicable regulations.

Business Partnering

- Work closely with promoters, founders, CEOs, and business heads.

- Provide financial insights for strategic decision-making.

- Evaluate new business opportunities and capital investments.

- Assist in fundraising, due diligence, and investor reporting.

Team Management

- Lead and mentor a team of finance professionals.

- Review work performed by team members.

- Allocate assignments and monitor engagement timelines.

- Conduct performance reviews and support capability development.

Client Management

- Manage multiple client engagements simultaneously.

- Build robust client relationships and ensure high-quality service delivery.

- Identify opportunities for cross-selling and expanding services.

- Participate in business development initiatives and client presentations.

Qualifications

- Chartered Accountant (CA) – Mandatory

- MBA (Finance) – Preferred

- 1 – 5 years of post-qualification experience in finance, consulting, or CFO advisory

- Experience with outsourcing, consulting firms, or Big Four firms is preferred.

Required Skills

- Strong knowledge of financial reporting and accounting standards

- Financial planning & analysis (FP&A;)

- Budgeting and forecasting





- Cash flow management

- Business finance and strategic advisory

- Financial modelling

- Internal controls and risk management

- Excellent analytical and problem-solving skills

- Strong stakeholder and client management abilities

- Leadership and people management skills

- Advanced Excel and PowerPoint skills

- Experience with ERP systems such as SAP, Oracle, Microsoft Dynamics, Tally, or NetSuite

Key Competencies

- Strategic thinking

- Commercial acumen

- Decision-making

- Client-centric approach

- Communication and presentation skills

- Leadership and coaching

- Project management

- Attention to detail

- Time management

- Ability to manage multiple priorities

Key Performance Indicators (KPIs)

- Timely delivery of client engagements

- Client satisfaction and retention

- Accuracy and quality of financial reporting

- Budget and forecast accuracy

- Improvement in client financial processes

- Team productivity and development

- Revenue growth from existing clients

- Compliance with regulatory and reporting deadlines

Preferred Industry Exposure

- Manufacturing

- Retail

- Technology & SaaS

- Startups

- Healthcare

- Infrastructure

- Professional Services

- Family-owned businesses

- PE/VC-backed companies

This role is ideal for finance professionals who enjoy combining technical expertise with strategic advisory, working closely with business leaders to drive growth, improve financial performance, and strengthen governance across diverse client organizations.

📌 Associate – CFO Services (Mumbai)
🏢 Growthally
📍 Mumbai