Job Title: Chief Financial Officer (CFO)
Experience: 9 to 14 Years
Location: Mumbai ( Andheri West )
Employment Type: Full-time, Permanent
Industry: Fintech / Financial Services / Banking
The Chief Financial Officer (CFO) will be responsible for managing the company's overall financial operations, financial planning, budgeting, accounting, cash flow, risk management, and regulatory compliance. The CFO will provide strategic financial guidance to the management team to ensure business growth, profitability, financial stability, and compliance with applicable laws and regulations.
Key Responsibilities
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.
- Analyze financial performance, profitability, and business growth opportunities.
- Provide strategic recommendations to the CEO and senior management.
Financial Management & Reporting
- Oversee accounting, bookkeeping, financial statements, and management reports.
- Ensure accurate and timely preparation of monthly, quarterly, and annual financial reports.
- Monitor revenue, expenses, profitability, and financial performance indicators.
- Establish effective internal financial controls and reporting systems.
Cash Flow & Fund Management
- Manage cash flow, liquidity, working capital, and fund allocation.
- Develop funding strategies and maintain relationships with banks, financial institutions, and investors.
- Monitor borrowing costs, repayment schedules, and funding requirements.
- Optimize the company's capital structure and financial resources.
Regulatory Compliance & Risk Management
- Ensure compliance with applicable RBI regulations, where relevant, along with GST, Income Tax, Companies Act, and other statutory requirements.
- Coordinate with statutory auditors, internal auditors, tax consultants, and regulatory authorities.
- Identify and mitigate financial, operational, and credit-related risks.
- Maintain appropriate internal controls, financial policies, and compliance procedures.
Loan Industry / NBFC Responsibilities
- Monitor loan portfolio performance, disbursements, collections, delinquencies, and asset quality.
- Oversee financial planning for lending operations and funding requirements.
- Monitor non-performing assets (NPAs), provisioning, and expected credit losses, as applicable.
- Ensure appropriate financial reporting and compliance with applicable lending and prudential norms.
- Work closely with Credit, Risk, Collections, Operations, and Business Development teams.
Team Leadership & Stakeholder Management
- Lead and supervise the Finance and Accounts team.
- Establish financial policies, processes, and performance standards.
- Present financial results, business insights, and recommendations to the Board and senior management.
- Build and maintain strong relationships with lenders, investors, auditors, banks, and other stakeholders.
Educational Qualification
- CA (Chartered Accountant) preferred.
- CA, CMA, MBA in Finance, or equivalent qualification, depending on company requirements.
- Strong knowledge of accounting standards, taxation, financial reporting, and corporate finance.