CFO

Mangalam Placement; Mumbai; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Mangalam Placement seeks a hands-on Chief Financial Officer to drive the firm's financial strategy, controls, and operations while enabling data-driven decision-making through robust MIS, dashboards, and management reporting. The role requires a finance leader who balances strategic insight with execution in a professional services environment.

The ideal candidate will oversee FP&A, accounting, revenue, cash flow, and treasury, and lead a team to build systems and processes for scalable growth.

Qualifications

• CA credential required with MBA in Finance.
• 4-8 years of relevant experience in professional services/consulting/CA firms preferred.
• Experience in building MIS and reporting systems from scratch.

Responsibilities

• Oversee financial strategy, controls and operations.
• Lead FP&A processes including budgeting, forecasting and variance analysis.
• Develop and maintain comprehensive MIS and dashboards for leadership.
• Ensure accounting, compliance, and audit readiness across the firm.
• Improve revenue processes: billing, collections, profitability controls.
• Drive cost management and efficiency initiatives across departments.
• Manage treasury, cash flow planning and banking relationships.
• Lead and mentor finance team and implement automation.

Skills

MIS dashboards

Excel

Financial analytics

Stakeholder management

Hands-on leadership

Education

Chartered Accountant (CA)

MBA Finance

Tools

ERP systems

BI tools

Job description

Role Overview

The Chief Financial Officer (CFO) will be responsible for overseeing the firms financial strategy, controls, and operations, while enabling data-driven decision-making through robust MIS, dashboards, and management reporting.

This role requires a hands-on finance leader who can balance strategic insight with execution, and bring structure, visibility, and financial discipline to a professional services business.

Key Responsibilities

1. Financial Strategy & Business Partnering

• Partner with leadership on financial planning, growth strategy, and profitability improvement
• Provide insights on practice-wise profitability, client margins, and pricing strategies amongst others
• Support strategic decisions on expansion, new service lines, and investments

2. Management Reporting, MIS & Dashboards

• Design and implement comprehensive MIS frameworks for the firm
• Develop robust monthly/quarterly management reports
• Build real-time dashboards for leadership with key financial and operational metrics
• Standardise reporting formats for partners and senior management
• Ensure timely, accurate, and actionable insights for decision-making

3. Financial Planning & Analysis (FP&A)

• Lead budgeting, forecasting, and variance analysis
• Develop financial models for revenue projections and cost optimisation
• Track performance against budgets and highlight key risks and opportunities

4. Accounting, Controls & Compliance

• Oversee financial reporting, books of accounts, and statutory compliance
• Ensure strong internal controls and audit readiness
• Coordinate with auditors, tax advisors, and regulatory authorities

5. Revenue, Billing & Collections Management

• Streamline billing processes (retainers, milestone-based, hourly billing)
• Improve collection cycles and reduce receivables
• Implement controls around engagement profitability and revenue leakage

6. Cost Management & Efficiency

• Drive cost optimisation initiatives across the firm
• Monitor key cost heads including employee costs and overheads
• Establish financial discipline across departments

7. Treasury & Cash Flow Management

• Manage cash flows, liquidity planning, and banking relationships
• Ensure optimal utilisation of funds
• Monitor working capital cycles closely

8. Team Leadership & Process Improvement

• Lead and mentor the finance and accounts team
• Implement systems, automation tools, and reporting platforms
• Continuously improve financial and reporting processes

Key Requirements

Qualification

• Chartered Accountant (CA)
• MBA Finance

Experience

• 4-8 years of relevant experience
• Prior experience in professional services / consulting / legal / CA firms preferred
• Experience in building MIS and reporting systems from scratch

Skills & Competencies

• Strong expertise in MIS, dashboards, and financial analytics
• Proficiency in Excel and financial reporting tools (ERP, BI tools preferred)
• Strong commercial acumen and problem-solving skills
• Ability to translate financial data into business insights
• Strong stakeholder management with senior leadership
• Hands-on and execution-focused

Key Performance Indicators (KPIs)

• Accuracy and timeliness of MIS and management reports
• Quality and usability of dashboards for leadership decision-making
• Firm and practice-level profitability
• Cash flow stability and working capital efficiency
• Reduction in receivables / improvement in collection cycle
• Budget vs actual performance
• Audit and compliance outcomes

Ideal Candidate Profile

• Strong focus on data-driven decision making and reporting
• Hands-on leader comfortable building systems and processes
• Ability to simplify complex financial data into actionable insights
• Experience working in dynamic, partner-driven environments Role & responsibilities