Chief Finance Officer (GM Finance)

Gautam Modi Group; Mumbai; Vor Ort; INR 1.800.000 - 2.400.000; Vollzeit

Zusammenfassung

Gautam Modi Group in Mumbai is seeking an experienced Finance Leader to oversee statutory compliance, dealership finance operations, and organizational finance policy for the dealership network.

You will partner with the CEO to plan annual targets, monitor KPIs, manage cash flow, working capital, and debt facilities, and ensure timely financial reporting. The role requires strong leadership across finance functions and keen business sense to drive profitability.

Aufgaben

• Ensure appropriate compliance on all statutory and financial obligations (taxation, accounting, etc.) as per Audi India and the company’s act and law of the land
• Ensure dealership compliance to all legal requirements as per the regulations applicable
• Identify sources and generate additional funds as per requirements to support daily dealer operations and business expansion plans
• Build relationship with key bankers and financers in the region and identify optimal cost of borrowing
• Identify and highlight all financial and non-financial business risks that apply for sustained dealership operations
• Manage and overview working capital requirement and daily business cash flows for the business
• Manage various limits, such as New Cars, Demo, Used cars, Term loans on a daily/monthly basis
• Ensure preparation of audit reports such as Balance Sheet, P&L for the dealership operations
• Provide expertise in dealing with vendors and leverage scale of operations to get best deals on supplies for the dealership.
• Assist in defining the vision and mission statement for the dealer organization in alignment with the Dealer Principal and CEO
• Ensure & support creation and maintenance of a right sized dealer organization structure
• Create and update dealership employee policies as per requirement
• Assist the CEO in finalizing the employee incentive plans, salary increments and promotions for dealership employees
• Ensure all performance management process activities of finance department employees are completed timely and satisfactorily
• Support the CEO in creating annual business targets for all dealership departments based on the Appendix and dealership priorities
• Facilitate in building of the dealership business expansion plan and help financially validate the business case for the same
• Measure business profitability on an on-going basis across Sales and Service, and facilitate in building action plan to drive a profitable business.
• Monitor and maintain the finance department KPIs for business analysis and forecasting
• With the CEO, conduct monthly, quarterly and annual business overview analysis (target vs. achievement) and performance analysis meetings with each department head
• Identify and monitor areas of optimizing business operations along with the CEO, at both a Revenue and Cost level
• Monitor receivables from Audi India and customers and also payables to vendors, employees, VWFS and Audi India
• Measure, review, and control the line of credit available with VWFS / or any other financiers and minimize interest incurred on inventory
• Provide periodic feedback to functional managers on their functionality from the dealership profitability perspective.

Jobbeschreibung

Primary Responsibilities:

Statutory Requirements

• Ensure appropriate compliance on all statutory and financial obligations (taxation, accounting, etc.) as per Audi India and the company’s act and law of the land
• Ensure dealership compliance to all legal requirements as per the regulations applicable

Dealership Finance

• Identify sources and generate additional funds as per requirements to support daily dealer operations and business expansion plans
• Build relationship with key bankers and financers in the region and identify optimal cost of borrowing
• Identify and highlight all financial and non-financial business risks that apply for sustained dealership operations
• Manage and overview working capital requirement and daily business cash flows for the business
• Manage various limits, such as New Cars, Demo, Used cars, Term loans on a daily/monthly basis.
• Ensure preparation of audit reports such as Balance Sheet, P&L for the dealership operations.
• Provide expertise in dealing with vendors and leverage scale of operations to get best deals on supplies for the dealership.

Dealership organization

• Assist in defining the vision and mission statement for the dealer organization in alignment with the Dealer Principal and CEO
• Ensure & support creation and maintenance of a right sized dealer organization structure
• Create and update dealership employee policies as per requirement
• Assist the CEO in finalizing the employee incentive plans, salary increments and promotions for dealership employees
• Ensure all performance management process activities of finance department employees are completed timely and satisfactorily

Business Planning

• Support the CEO in creating annual business targets for all dealership departments based on the Appendix and dealership priorities
• Facilitate in building of the dealership business expansion plan and help financially validate the business case for the same
• Measure business profitability on an on-going basis across Sales and Service, and facilitate in building action plan to drive a profitable business.

Business Monitoring

• Monitor and maintain the finance department KPIs for business analysis and forecasting
• With the CEO, conduct monthly, quarterly and annual business overview analysis (target vs. achievement) and performance analysis (including Metis report analysis) meetings with each department head
• Identify and monitor areas of optimizing business operations along with the CEO, at both a Revenue and Cost level
• Monitor receivables from Audi India and customers and also payables to vendors, employees, VWFS and Audi India
• Measure, review, and control the line of credit available with VWFS / or any other financiers and minimize interest incurred on inventory
• Provide periodic feedback to functional managers on their functionality from the dealership profitability perspective.

Measures (Reports):

• Net Profitability
• Fund Gap Analysis & Planning; Action Plan and review of Current Ratio, Quick Ratio, D/E Ratio, Interest Coverage Ratio, Net Worth, Fixed Capital to Fixed Assets Ratio
• Fund/Cost/Receivables/Payout Management and Reporting
• Budget and Fund Allocation and utilization for each department
• Average Working Capital (in days)
• Net Cash Flow (Last 3 Months)
• Inventory Funding Interest per unit
• Total Finance Overhead Cost as a % of total Turnover
• Fixed Capital to Fixed Assets Ratio
• Manpower Attrition - Finance Department