20 Sep
|
NBC Elite
|
Janakpuri
20 Sep
NBC Elite
Janakpuri
– CHIEF FINANCIAL OFFICER (CFO)
Company: Star Infomatic Pvt. Ltd.
Position: Chief Financial Officer (CFO)
Location: Janakpuri, New Delhi
Reporting To: Managing Director / Board of Directors
Employment Type: Full-Time Leadership Position
Experience: 15–20+ Years, including 5+ years in a senior finance leadership role
Qualification: Chartered Accountant (CA) preferred; CMA / MBA Finance may also be considered.
About the Role
We are looking for a dynamic, hands-on, and results-oriented Chief Financial Officer (CFO) to lead the organization's finance function and strengthen financial governance, reporting, controls, compliance, and business processes.
The CFO will play a critical role in building a scalable, disciplined, and IPO-ready finance function and will work closely with the Managing Director and Board of Directors on financial strategy, business performance, risk management, capital planning, and the proposed SME IPO.
The ideal candidate should combine strong strategic financial leadership with hands-on execution and have experience managing finance in electronics manufacturing, telecom, electronics imports/distribution, technology, trading, or other process-driven organizations.
Core Mandate
Build and lead an IPO-ready finance function with:
- Reliable and timely financial reporting
- Strong internal controls and accounting processes
- Complete statutory and regulatory compliance
- Effective cash and working-capital management
- Strong banking and treasury operations
- Robust MIS and management reporting
- Scalable finance processes and systems
- A capable and accountable finance team
Key Responsibilities1. Finance Strategy, Planning & Business Performance
- Develop and execute the company's financial strategy in line with business growth, profitability, and capital requirements.
- Lead annual budgeting, rolling forecasts, long-term financial planning, and scenario analysis.
- Prepare and present management dashboards and financial insights to the Managing Director and Board.
- Provide financial analysis on margins, pricing, costs, investments, risks, and business performance.
- Drive improvements in cash flow, working capital, inventory management, receivables, and overall return on capital.
- Evaluate funding requirements, expansion plans, strategic partnerships, and investment proposals.
1. Accounting, Financial Reporting, Controls & Audit
- Ensure accurate and timely monthly, quarterly, and annual financial closing and reporting.
- Establish and strengthen accounting policies, SOPs, approval matrices, maker-checker controls, and audit trails.
- Ensure proper maintenance of books of accounts, reconciliations, inventory valuation, fixed assets, and cost accounting records.
- Lead statutory, internal, tax, and cost audits and ensure timely closure of audit observations.
- Ensure financial reporting is aligned with applicable accounting standards, including Ind AS where applicable.
- Strengthen internal financial controls and minimize financial and operational risks.
1. Statutory, Tax & Regulatory Compliance
- Ensure timely compliance under the Companies Act and MCA/ROC requirements in coordination with the Company Secretary and external advisors.
- Oversee GST, TDS, Income Tax, Customs, FEMA, and other applicable statutory and financial compliances.
- Establish and maintain a centralized compliance calendar with clear ownership and escalation mechanisms.
- Coordinate with consultants and professional advisors for tax assessments, regulatory notices, and representations.
- Support regulatory, stock exchange, and other applicable compliance requirements associated with the proposed SME IPO.
1. Treasury, Banking & Capital Management
- Lead treasury operations, liquidity planning, and relationships with banks and financial institutions.
- Manage and optimize CC, OD, term loans, bank guarantees, letters of credit, and trade finance facilities.
- Plan and manage capital requirements, fundraising, debt restructuring, and financing costs.
- Monitor banking covenants and financial risks.
- Manage foreign exchange exposure and working-capital risks arising from import/export operations.
- Develop strong relationships with bankers and financial institutions.
1. Process Improvement, ERP & Automation
- Review and improve key financial processes including:
- Order-to-Cash
- Procure-to-Pay
- Inventory Management
- Expense Management
- Payroll
- Record-to-Report
- Drive ERP discipline, automation, financial dashboards, and accurate MIS.
- Establish measurable process controls, SLAs, turnaround times, and exception reporting.
- Work closely with Operations, Procurement, Sales, and Supply Chain teams to improve financial discipline and process efficiency.
1. SME IPO Readiness
- Lead the finance function's preparation for the proposed SME IPO.
- Coordinate finance-related activities for due diligence and IPO preparedness.
- Ensure availability and accuracy of financial records and supporting documentation.
- Identify and close gaps in accounting, compliance, controls, reporting, and governance.
- Coordinate with auditors, legal advisors, merchant bankers, consultants, and other professional stakeholders.
- Maintain a structured and reliable finance data room for due diligence.
- Support the development of financial information and management reporting required for the IPO process.
1. Leadership & Stakeholder Management
- Build, mentor, and lead a high-performing finance, accounts, taxation, and compliance team.
- Define clear responsibilities, performance expectations, review mechanisms, and succession plans.
- Develop the team's technical and functional capabilities.
- Work closely with the Managing Director and Board on strategic financial decisions.
- Manage relationships with investors, bankers, auditors, advisors, consultants, and other stakeholders.
- Promote a culture of accountability, transparency, integrity, and continuous improvement.
Candidate ProfileEssential Requirements
- 15–20+ years of progressive finance experience, including at least 5 years in a senior finance leadership role.
- Experience as a CFO, Finance Director, VP Finance, Head of Finance, or equivalent senior finance position.
- Robust experience in financial planning, accounting, taxation, compliance, audit, treasury, and financial controls.
- Practical exposure to IPO / SME IPO readiness, due diligence, fundraising, investor interaction, or listed-company governance will be strongly preferred.
- Strong knowledge of Companies Act, MCA/ROC, GST, TDS, Income Tax, audit, and corporate compliance.
- Demonstrated experience in implementing SOPs, strengthening internal controls, improving MIS, and driving ERP-based process discipline.
- Strong analytical and financial decision-making skills.
- Excellent written and verbal communication skills in English.
- Strong leadership, stakeholder management, and team-building capabilities.
- Ability to operate in a hands-on, fast-paced business environment.
Preferred Industry Experience Candidates with experience in the following sectors will be preferred:
- Electronics Manufacturing
- Electronics Assembly
- Telecom
- Technology
- Electronics Imports & Distribution
- Import/Export
- Trading & Distribution
- Industrial / Manufacturing
- Corporate & Government Sales
Preferred Functional Exposure
- Manufacturing costing and inventory controls
- Supply-chain finance
- Import/export finance
- Working-capital management
- Banking and trade finance
- Fundraising and lender negotiations
- Investor relations
- Business expansion and transaction support
- ERP implementation and financial automation
- Advanced Excel and financial modelling
- Management dashboards and MIS
Key Performance Indicators (KPIs) The CFO will be evaluated on:
- Timeliness and accuracy of monthly financial closing and management reporting.
- Quality and reliability of Board-level MIS and financial forecasts.
- Statutory compliance timelines and audit outcomes.
- Reduction in audit observations and repeat findings.
- Improvement in cash conversion cycle and working-capital utilization.
- Receivables and inventory management.
- Budget adherence and cost optimization.
- Process efficiency and turnaround-time improvements.
- Strengthening of internal financial controls.
- Progress and quality of SME IPO readiness and due diligence.
- Finance team capability, accountability, retention, and succession readiness.
What Success Looks LikeWithin the First 6 Months
- Improve accuracy and speed of financial reporting.
- Strengthen accounting controls and SOPs.
- Reduce audit gaps and compliance risks.
- Improve cash flow, working capital, and process efficiency.
- Establish reliable management dashboards and financial visibility.
During the IPO Programme
- Maintain a complete and reliable finance data room.
- Ensure timely completion of finance-related due diligence requirements.
- Identify and close accounting, compliance, control, and governance gaps.
- Coordinate effectively with auditors, advisors, bankers, and other IPO stakeholders.
Ongoing
- Deliver clean and timely statutory compliance and audit outcomes.
- Provide dependable cash-flow and financial visibility to management.
- Deliver actionable financial insights to the Board.
- Build a strong, accountable, and future-ready finance leadership team.
- Continuously improve financial processes, controls, and business discipline.
Pay: ₹1,200,000.00 - ₹1,800,000.00 per year
Work Location: In person
📌 Chief Financial Officer (CFO) (Janakpuri)
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