Role Overview The Chief Financial Officer (CFO) will be responsible for overseeing the firms financial strategy, controls, and operations, while enabling data-driven decision-making through robust MIS, dashboards, and management reporting.

This role requires a hands-on finance leader who can balance strategic insight with execution, and bring structure, visibility, and financial discipline to a professional services business.

Key Responsibilities

1. Financial Strategy & Business Partnering

- Partner with leadership on financial planning, growth strategy, and profitability improvement
- Provide insights on practice-wise profitability, client margins, and pricing strategies amongst others
- Support strategic decisions on expansion, new service lines, and investments

2. Management Reporting, MIS & Dashboards

- Design and implement comprehensive MIS frameworks for the firm
- Develop robust monthly/quarterly management reports
- Build real-time dashboards for leadership with key financial and operational metrics
- Standardise reporting formats for partners and senior management
- Ensure timely, accurate, and actionable insights for decision-making

3. Financial Planning & Analysis (FP&A;)

- Lead budgeting, forecasting, and variance analysis
- Develop financial models for revenue projections and cost optimisation
- Track performance against budgets and highlight key risks and opportunities

4. Accounting, Controls & Compliance

- Oversee financial reporting, books of accounts, and statutory compliance
- Ensure strong internal controls and audit readiness
- Coordinate with auditors, tax advisors, and regulatory authorities

5. Revenue, Billing & Collections Management

- Streamline billing processes (retainers, milestone-based, hourly billing)
- Improve collection cycles and reduce receivables
- Implement controls around engagement profitability and revenue leakage

6. Cost Management & Efficiency





- Drive cost optimisation initiatives across the firm
- Monitor key cost heads including employee costs and overheads
- Establish financial discipline across departments

7. Treasury & Cash Flow Management

- Manage cash flows, liquidity planning, and banking relationships
- Ensure optimal utilisation of funds
- Monitor working capital cycles closely

8. Team Leadership & Process Improvement

- Lead and mentor the finance and accounts team
- Implement systems, automation tools, and reporting platforms
- Continuously improve financial and reporting processes

Key Requirements

Qualification

- Chartered Accountant (CA)
- MBA Finance

Experience

- 4-8 years of relevant experience
- Prior experience in professional services / consulting / legal / CA firms preferred
- Experience in building MIS and reporting systems from scratch

Skills & Competencies

- Strong expertise in MIS, dashboards, and financial analytics
- Proficiency in Excel and financial reporting tools (ERP, BI tools preferred)
- Solid commercial acumen and problem-solving skills
- Ability to translate financial data into business insights
- Strong stakeholder management with senior leadership
- Hands-on and execution-focused

Key Performance Indicators (KPIs)

- Accuracy and timeliness of MIS and management reports
- Quality and usability of dashboards for leadership decision-making
- Firm and practice-level profitability
- Cash flow stability and working capital efficiency
- Reduction in receivables / improvement in collection cycle
- Budget vs actual performance
- Audit and compliance outcomes

Ideal Candidate Profile

- Strong focus on data-driven decision making and reporting
- Hands-on leader comfortable building systems and processes
- Ability to simplify complex financial data into actionable insights
- Experience working in dynamic, partner-driven environments Role & responsibilities

Preferred candidate profile

📌 CFO (Mumbai)
🏢 Mangalam Placement
📍 Mumbai