03 Oct
|
AkshayGroup
|
Mumbai
03 Oct
AkshayGroup
Mumbai
Group Chief Financial Officer (CFO) – Job Description
Role at a glance
The Group CFO will have the responsibility the finances of every promoter business end to end: real estate, food, hospitality, a consumer brand and any venture started next.
About us
Akshay Group is a family-led luxury residential developer in Mumbai, focused on housing-society redevelopment in premium areas in Mumbai.
The promoters also run:
• Neat Meals Company : healthy boxed meals and private chef services for HNI clients globally.
• CPG: a premium CPG brand launching in India across D2C, up-to-date trade and quick commerce.
More ventures are planned, and the Group CFO will structure and run finance for each one.
Role purpose
The Group CFO is the promoters' single point of accountability for money, compliance and financial risk across every business. The role runs from voucher-level detail to the big calls on funding, structure and margins.
The goal: every entity fully compliant, protected from disputes, well funded and more profitable each year.
Key responsibilities
The Group CFO owns twelve areas across all businesses; a line that names a business applies to that business only.
1. Accounting and financial control
• Own every entity's books: accurate entries, reconciliations and a disciplined month-end close.
• Deliver monthly MIS for each business and a consolidated group view (P&L;, cash flow, debt, receivables, payables).
• Set and enforce internal controls: delegation of authority, payment approvals, vendor checks and segregation of duties.
• Keep each legal entity's invoicing, payroll and bank accounts separate and correctly named.
• Real estate: project-wise accounts, cost-to-complete tracking and revenue recognition under applicable standards, with correct treatment of rehab units, member rent, TDR, premiums and borrowing costs.
• Food and consumer: inventory, recipe and SKU costing, wastage tracking and marketplace reconciliations.
• Run statutory, tax and internal audits and close ever
📌 Chief Financial Officer (Mumbai)
🏢 AkshayGroup
📍 Mumbai