Chief Financial Officer

Mangalam Placement Pvt Ltd.; Mumbai; On-site; INR 3,000,000 - 6,000,000; Full time

Job summary

Mangalam Placement Pvt Ltd. is seeking a hands-on Chief Financial Officer (CFO) to steer financial strategy, controls, and operations for a professional services business.

You will enable data-driven decisions through robust MIS, dashboards, and management reporting, balancing strategic insight with execution. The role requires building structure, visibility, and financial discipline across the firm, leading the finance team, and driving automation and process improvements while partnering with

Qualifications

• CA designation and MBA Finance required.
• 4–8 years of relevant experience in professional services/consulting/legal/CA firms preferred.
• Experience building MIS and reporting systems from scratch.
• Strong MIS, dashboards, and financial analytics expertise.
• Proficiency in Excel and financial reporting tools (ERP, BI tools preferred).

Responsibilities

• Lead financial strategy, controls, and operations to enable data-driven decision making.
• Develop and implement comprehensive MIS frameworks and monthly/quarterly management reports.
• Oversee FP&A activities including budgeting, forecasting, and variance analysis.
• Manage accounting, controls, compliance, and audit readiness.
• Streamline revenue, billing, and collections; monitor profitability and cash flow.
• Lead and mentor the finance team and drive automation and process improvements.

Skills

MIS & dashboards

financial analytics

stakeholder management

execution focus

Excel proficiency

Education

CA

MBA Finance

Tools

ERP

BI tools

Job description

The Chief Financial Officer (CFO) will be responsible for overseeing the firm’s 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
• 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
• Drive cost optimisation initiatives across the firm
• Monitor key cost heads including employee costs and overheads

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
• 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