Role Purpose The Chief Financial Officer (CFO) is responsible for safeguarding the financial health of the company, acting as the custodian of costs, compliance, and financial efficiency. The CFO ensures that every expense is justified Funds, aligns with company strategy, and drives profitability improvement. This role is central to governance, reporting, and supporting all HODs to achieve financial discipline.

Also a key responsibility is to ensure timely & accuracy of books of accounting with actual transactions. Also ensure funds discharge accurately & timely for payables being authorized in the Bank.

Key Responsibilities

Area

Description

Financial Stewardship

Oversee financial planning, accounting, reporting, and statutory compliance & Payments in timely & accurate manners.

Cost Control

Scrutinize all costs and ensure only logical and value-adding expenses are approved hampering operations without reduce control finance cost.

Budgeting & Forecasting

Lead preparation of annual budgets and rolling forecasts & Present on monthly basic to management.

Operational Efficiency

Collaborate with HODs to reduce costs, improve efficiency, and enhance profitability.

Governance & Compliance

Ensure adherence to statutory, tax, and banking compliance requirements & Listed company norms in timely and accurate manners avoiding all penalties.

Risk Management

Identify financial risks and implement mitigation strategies whether is contractor/works/ Payment or counter party risks.

Day-to-Day Role Tasks

Frequency

Task

Detail

Daily

Review & approve cash flow and payments as well as daily sales + Purchase contracts.

Ensure day to day checking complete and payments are prioritized. Such that operations are not hampered

Weekly

Monitor expense approvals

Scrutinize purchase/service bills and highlight & combat inefficiencies.

Monthly

Monitor MIS reports

Report P&L;, cash flow, and variance analysis to management along with key ratios measuring business financial health.

Quarterly

Review & Present cost-saving initiatives + Statutory listed companies compliances

Track progress and impact of initiatives across departments.

Annually

Lead budgeting exercise





Monitor financial budgets and present to board in collaboration with HODs

Role Tasks

D – Daily Tasks

- Oil Purchase Payment
- Stock report
- Transporter working
- Support to other department
- Various Queries from vendor and other department
- Ledger Scruienty
- Reply to various department (TAX)
- Other work as required
- To Write & submit challenges/Problems issues in form
- Bargain checking and report with error correction to show abhey sir
- Billing checking and report with error correction to show abhey sir

– Monthly Tasks

- All Income and Tax Calculation
- Balance Sheet and Result Preparation - Q
- Balance Sheet Supporting Work - List - ??
- GST 3B Reconciliation with Tally of All Branches
- GST 6A Reconciliation with Tally of All Branches
- GSTR-1 Reconciliation with Tally of All Branches
- Ensure All Additional Fixed Assets are Recorded in Books
- Manage of Detailed Control Sheet for Sales
- Close month to month books by 7th of every month - All expenses & Incomes.
- Stock Verification all depots & Factory.
- Timely Payment Process all Payables as per schedule.
- Present Deviations in cost & Budgets + P&L; + F.S
- Verify Dr. & Cr. Balances List (Oil Parties) – should not exceed 30 days; submit exceptions to Director
- Monthly Accounts Finalization to 10th review with Management
- Monthly Discussion on Financial Summary
- Review Oil Related Expenses and Present to Management.
- Quarterly B/S to be Published on Time (15th of Every Month – BM-01 Week)- Q
- Sign the "Undertaking SEBI Regulation (PTI) 2015" & Download PDF [link provided]
- Check Interest Calculation in Mutual Funds
- Verify Mutual Fund Entries
- Submit P & L by 10th.
- Check Interest changed by Bank & Submit Approval.

Q – Quarterly Tasks





- All Income and Tax Calculation - M/Q
- Balance Sheet and Result Preparation - List
- Balance Sheet Supporting Work - List
- Computation of Advance Income Tax - ?
- Internal Audit - Explain
- Quarterly Balance Sheet Publication on Time
- Verification of TDS and TCS with Form 26AS
- W – Weekly Tasks
- Bank Reconciliation submitted to management.
- Representations to Tax Department as per required
- Receive Stock Transfer Invoice - M
- Review Weekly Challenges from Problem Register & Present Solutions to Management .
- Review & approve Cash books discussion & conclusion with HOD’s

Y – Yearly Tasks

- GSTR-9 Reconciliation with Tally
- GSTR-9C Reconciliation with Tally
- Cost Audit
- Statutory Audit
- Tax Audit

KRA & KPI Table

KRA(New)

KPI(New)

Target/Unit

Frequency

Must Watch

KRA(Old)

KPI(Old)

Maintain compliance

% of statutory filings on time

100%

Monthly

All Vouchers Entry Should Be correct on Time

% Correct Voucher entry not done on time

Control costs

% variance vs approved budget (Celcludius Oil)

2% Of FC , VC , Oil related

Monthly

All Vouchers approved Should Be correct on Time

% Vouchers not Approved on Time

Ensure timely reporting

% of MIS reports submitted on time

100%

Monthly

All Oil PO Checking Should Be Done on Time.

% PO not checked on Time

Drive savings

Savings achieved through cost initiatives ()

target

Benchmark

Quarterly

Errors of all Bills should be cleared on time

% Error not transparent on Time

Governisk

% of risk mitigation actions completed

90%

Quarterly

All Bargains Should Be Checked on Time

% Bargain not checked on Time

All Billing Audit Should Be Done on Time

% Bargain audit not done on Time

Cost of Compliances Should Be Within BM

% Work not Done on Time

Final Check By Accounts and Report Submission

% Bills not Checked on Time

Qualifications & Experience

- CA/CPA/CFA or equivalent , 5 years + in a Listed Company.
- 15+ years in finance leadership
- Experience in FMCG/manufacturing finance
- Preferred - Edible Oil Industry experience.
- Has handled turn over of more than 500 CR, high volume of transaction.

📌 Financial Controller (Delhi)
🏢 AJANTA SOYA
📍 Delhi