Chief Financial Officer – NBFC – CA

Virtuous Advisors & Resources Private Ltd; Nagpur District; On-site; INR 2,000,000 - 3,000,000; Full time

Job summary

A financial consultancy firm is seeking a finance leader with over 15 years of experience, preferably from a Non-Banking Financial Company (NBFC). The ideal candidate will develop and execute financial plans, oversee operations, and lead a high-performing team. A Chartered Accountant (CA) qualification is required alongside strong communication skills and experience in risk management. This role offers the opportunity to make a significant impact on the organization's growth and regulatory compliance.

Qualifications

• Minimum 15+ years of experience.
• Education: CA.
• Must be from a NBFC.

Responsibilities

• Develop and execute financial plans aligned with strategic objectives.
• Oversee financial operations, including budgeting and reporting.
• Spearhead cost leadership and optimization efforts.
• Own financial responsibilities, including reporting and budget management.
• Ensure prudent management of cash flows and financial risks.
• Monitor finance policies and practices.
• Secure funding to strengthen capital base.
• Manage Asset Liability Committee (ALCO).
• Optimize monetary assets and manage daily liquidity.
• Develop and implement investment strategies; align ALM with risk management framework.
• Build and lead a high-performing finance team.

Skills

Strategic Financial Planning Skills

Strong communication and interpersonal skills

Problem solving and decision-making skills

Proven experience in finance leadership roles

Experience managing financial risks and compliance

Good Investor Relations

Education

CA

Job description

Expert in Fundraising, Risk Management and Financial Strategy for NBFC Growth

Roles & Responsibilities

• Financial Strategy and Planning: Develop and execute comprehensive financial plans aligned with the company’s strategic objectives, providing strategic financial insights and recommendations to the CEO and executive team.
• Financial Management: Oversee all financial operations, including budgeting, forecasting, and financial reporting, ensuring accuracy, transparency, and compliance with regulatory requirements.
• Cost Leadership and Optimization: Spearhead cost leadership and optimization efforts across the business to maximize asset utilization and drive business improvement initiatives.
• Financial Reporting and Presentation: Own financial responsibilities, including financial reporting and budgetary management, and present to the Management, Shareholders Committees, and the Board of Directors.
• Cash Flow Management: Ensure prudent management of the company’s cash flows and financial risk exposures in line with Board-approved directives and strategies.
• Monitoring Financial Practices: Monitor and review finance and treasury policies, procedures, and practices in line with accounting standards, legal requirements, and good industry practice.
• Fund Raising: Secured funding through Various instruments, enabling the NBFC to strengthen its capital base, expand its lending products and meet regulatory capital adequacy requirements.
• Asset-Liability Committee (ALCO) Management: He will also have to manage the Asset Liability Committee (ALCO).
• Liquidity and Risk Management: Optimize monetary assets, manage daily liquidity and risk, and ensure sufficient cash reserves for ongoing operations.
• Investment Strategy and ALM Alignment: Develop and implement investment strategies, liaise with other financial teams, and align the ALM process with the organization’s overall risk management framework.
• Team Leadership and Development: Build and lead a high-performing finance team, fostering a culture of collaboration and continuous learning, and providing mentorship and guidance to team members.

Key Skills & Qualifications

• Minimum 15+ Years of experience
• Education: CA
• Must be from a NBFC
• Strong communication and interpersonal skills.
• Problem solving and decision-making skills.
• Proven experience in finance leadership roles
• Experience managing financial risks and compliance.
• Strategic Financial Planning Skills
• Must have good Investor Relations