19 Oct
|
Anugraha Construction Equipment Services and Support Private
|
Bengaluru
19 Oct
Anugraha Construction Equipment Services and Support Private
Bengaluru
Chief Financial Officer (CFO) Company: The Anugraha Group : Anugraha Agencies, Anugraha Construction Equipment, Southern
Optoelectronic Devices Pvt. Anugraha Group Employment Type: Full-time, on-site
The Anugraha Group is a diversified, family-led business group headquartered in Bangalore, with three
Anugraha Agencies (Canon printer and copier dealership), Anugraha Construction
Equipment (dealership for Komatsu, L&T;, Mahindra & Mahindra and BKT Tyres across Karnataka), and
Southern Optoelectronic Devices Pvt. EMS and LED driver manufacturing).
We are looking for a seasoned CFO to own all finance and accounting activities across the three group
You will run the finance function end to end, from day-to-day accounting and compliance to
treasury, financial planning and strategic decision support, and act as the principals' key partner in
Accounting and Financial Reporting
• Take full ownership of accounting for all three companies: general ledger, accounts payable and
receivable, fixed assets, inventory accounting, payroll accounting and cost accounting.
• Ensure timely monthly, quarterly and annual closes, with accurate management MIS for each
Prepare financial statements in compliance with Indian Accounting Standards (Ind AS / Indian
Establish and maintain a strong chart of accounts, accounting policies and month-end processes
Manage inter-company transactions, reconciliations and related-party disclosures.
Oversee GST, TDS/TCS, income tax, advance tax and transfer pricing compliance across all
Manage statutory, tax and internal audits, and ensure timely, error-free filings.
- Lead tax planning and structuring to optimise the group's tax position within the law.
- Manage relationships with auditors, tax consultants, regulators and statutory authorities.
Treasury,
Cash Flow and Working Capital
• Optimise working capital: receivables, payables, inventory and credit terms, particularly for the
Manage banking relationships, credit facilities, cash credit/OD, term loans, LCs, bank guarantees
and OEM and dealer financing arrangements.
- Evaluate and arrange debt and equity financing as the group's needs evolve.
- Monitor covenant compliance and manage interest and foreign exchange risk, including importrelated
Financial Planning, Analysis and Strategy
• Lead annual budgeting, forecasting and target-setting for each company, and track performance
expenditure, investments, asset and land decisions, and partnerships.
- Build financial models and business cases, and evaluate returns on investment.
- Present transparent, decision-ready financial reports and dashboards to the principals and boards.
Internal Controls, Risk and Governance
• Design and enforce robust internal financial controls, approval matrices and SOPs across all
Manage credit control policies, receivable risk and bad debt exposure.
- Identify financial, operational and compliance risks, and put mitigation measures in place.
- Ensure data integrity and fraud prevention, and oversee internal audit.
Lead, mentor and build the finance and accounts team across all group companies, setting clear
Drive finance systems and automation (ERP/SAP or equivalent, reporting tools) to improve
Partner with the heads of each company, and with sales, operations, procurement, HR and IT, as
a business-minded finance leader.
- Qualifications and Experience
- Chartered Accountant (CA) is mandatory; additional qualification such as CMA, CFA or MBA
(Finance) is a plus.
• 15+ years of post-qualification experience in finance and accounting, including at least 5 years
in a CFO, Vice President Finance, Finance Head or similar senior leadership role.
• Proven experience managing finance across multiple entities or a group of companies, ideally
Experience in a family-owned or promoter-led business environment is highly desirable.
Deep expertise in Indian accounting standards, GST, direct taxation, Companies Act and
statutory audit.
• Strong command of treasury, working capital management, bank financing and credit
Strong financial modelling, analytical and business-partnering skills, with commercial judgement.
- Hands-on experience with ERP systems (SAP or equivalent) and MIS/BI tools; advanced Excel.
- Proven ability to build processes and controls, and to lead and develop finance teams.
- and engaging with banks, OEMs and auditors.
- Proficiency in English; knowledge of Kannada and/or Hindi is an advantage.
Key Performance Indicators
- Timeliness and accuracy of monthly closes and MIS for each company and the group
- 100% statutory and tax compliance with clean audit outcomes
- Strength of internal controls and reduction in audit observations
- Finance systems implementation and team capability
The opportunity to build and professionalise the finance function of a diversified, growing group
• Competitive compensation in line with experience and seniority
📌 CFO - Financial Services (Bengaluru)
🏢 Anugraha Construction Equipment Services and Support Private
📍 Bengaluru