22 Oct
|
Lira kitchen
|
Kozhikode
22 Oct
Lira kitchen
Kozhikode
Job Summary:
To oversee the company's financial operations, financial planning, budgeting, cash flow management, and overall financial performance. The CFO will play a key role in supporting business growth, improving profitability, maintaining financial discipline, and ensuring compliance with applicable statutory and regulatory requirements.
Key Responsibilities:
1. Financial Planning & Strategy
· Develop and implement financial strategies aligned with the company's business objectives.
· Prepare annual budgets, financial forecasts, and long-term financial plans.
· Analyse financial performance and recommend strategies to improve profitability.
· Provide financial insights and recommendations to the management team.
2. Financial Management & Reporting
· Oversee accounting, bookkeeping, financial statements, and management reports.
· Monitor revenue, expenses, profit margins, and operating costs.
· Ensure accurate and timely monthly, quarterly, and annual financial reporting.
· Establish effective internal financial controls and reporting systems.
3. Budgeting & Cost Control
· Prepare and monitor departmental budgets.
· Identify opportunities to reduce costs and improve operational efficiency.
· Monitor raw material expenses, wastage, inventory, and overall operating costs.
· Analyse outlet-wise or branch-wise profitability, where applicable.
4. Cash Flow & Working Capital Management
· Monitor cash flow, liquidity, working capital, and fund utilisation.
· Ensure timely payments to suppliers, employees, lenders, and other stakeholders.
· Manage receivables, payables, banking relationships, and financial obligations.
· Develop strategies to maintain adequate working capital.
5. Taxation & Statutory Compliance
· Ensure compliance with GST, TDS, income tax, and other applicable statutory requirements.
· Coordinate with auditors, tax consultants, banks, and regulatory authorities.
· Oversee internal and external audits and ensure timely closure of audit observations.
· Maintain proper financial documentation and statutory records.
6. Business Performance & Profitability
· Evaluate sales trends, gross margins, operating expenses, and net profitability.
· Prepare financial feasibility studies for recent outlets, expansion plans, or investments.
· Develop financial KPIs and dashboards to support management decisions.
· Identify financial risks and recommend appropriate corrective measures.
7. Inventory & Vendor Management
· Establish financial controls for inventory, procurement, and vendor payments.
· Monitor stock valuation, wastage, pilferage, and inventory discrepancies.
· Review supplier contracts, pricing, and payment terms.
· Coordinate with operations and procurement teams to optimise costs.
8. Team Leadership & Internal Controls
· Lead and supervise the finance and accounts team.
· Establish standard operating procedures for financial transactions and approvals.
· Implement systems to prevent financial irregularities and minimise risks.
· Work closely with management and other departments to achieve business objectives.
Key Performance Indicators (KPIs):
· Revenue growth and profitability improvement.
· Budget adherence and operating cost control.
· Cash flow stability and working capital efficiency.
· Accuracy and timeliness of financial reports.
· Statutory compliance and timely tax filings.
· Reduction in wastage, and inventory discrepancies.
· Effectiveness of internal controls and financial risk management.
Qualifications & Experience:
Bachelor's degree in Commerce, Finance, Accounting, or a related field.
CA / CMA / MBA Finance qualification preferred.
Minimum 8–12 years of relevant experience in finance and accounts, with substantial experience in a senior financial leadership role.
Strong knowledge of accounting standards, taxation, financial reporting, budgeting, and cash flow management.
Pay: ₹50,000.00 - ₹100,000.00 per month
Work Location: In person
📌 Chief Financial Officer (Kozhikode)
🏢 Lira kitchen
📍 Kozhikode