Group CFO

Capitalmind Financial Service Private Limited; Bengaluru; On-site; INR 3,000,000 - 5,000,000; Full time

Job summary

A leading financial services firm in Bengaluru is looking for an experienced Group Chief Financial Officer (CFO) to join its executive team. The CFO will be responsible for overseeing the financial health of the firm, developing strategic financial plans, and ensuring compliance with industry regulations. Candidates should have 15+ years of experience in finance, with a strong background in the Indian financial sector and excellent leadership and communication skills. This is a full-time position offering a compelling opportunity to shape the firm's growth.

Qualifications

• 15+ years in finance, 5+ in leadership roles in Indian financial services.
• Deep understanding of Indian BFSI regulations, Ind AS, taxation.
• Experience in managing fundraising processes is a strong plus.

Responsibilities

• Oversee financial health and strategy for Capitalmind and subsidiaries.
• Develop and monitor long-term financial strategy and budgets.
• Ensure compliance with all financial regulations and manage audits.

Skills

Strategic Thinking

Tech Savvy

Leadership

Outstanding Communication

Financial Acumen

Education

Chartered Accountant (CA) or CFA

MBA from a premier institute

Tools

ERP systems

Accounting software

Data analytics tools

Job description

Capitalmind Financial Service Private Limited | Full time

Capitalmind is a pioneering, technology-first, and data-driven financial services group in India. Our mission is to democratize institutional-grade investing. We encompass a SEBI Registered Investment Advisor (RIA) and a SEBI Registered Portfolio Management Service (PMS) provider, managing substantial assets for a diverse client base of High Net Worth Individuals (HNIs), Ultra HNIs, family offices, and institutions.

We are redefining wealth management in India by leveraging quantitative research, building proprietary technology, and fostering a culture of radical transparency. We are growing rapidly and are at an inflection point, expanding our product offerings, scaling our operations, and deepening our market presence.

The Role:

We are seeking a seasoned, strategic, and high-impact Group Chief Financial Officer (CFO) to join our executive leadership team. This is a critical role responsible for overseeing the financial health and directing the financial strategy for Capitalmind Financial Services Private Limited and all its subsidiary entities (collectively, the "Capitalmind Group").

The Group CFO will act as a key strategic partner and advisor to the Founders. Beyond core financial oversight, the ideal candidate will be a commercial-minded leader who can translate financial data into actionable insights, driving long-term financial stability, sustainable growth, and capital efficiency. This role requires a blend of exceptional financial acumen, regulatory knowledge within the BFSI (Banking, Financial Services, and Insurance) sector, and a forward-thinking, tech-enabled mindset.

Key Roles and Responsibilities:

1. Strategic Financial Planning & Analysis (FP&A)

Financial Strategy Development: Collaborate with Founders and senior leadership to develop, implement, and monitor a robust long-term financial strategy aligned with Capitalmind's ambitious growth objectives.

AOP & Budgeting: Direct the preparation, review, and consolidation of the Annual Operating Plan (AOP), capital expenditure budgets, and rolling financial forecasts across all business units.

Commercial Insights: Provide deep commercial analysis on new product launches, market expansion initiatives, and pricing strategies to optimize profitability and return on invested capital.

Performance Monitoring: Establish Key Performance Indicators (KPIs) and driver-based financial models to monitor business performance against the strategic plan.

Board & Founder Advisory: Serve as a core member of the leadership team, providing the Founders with proactive financial insights, scenario analysis, and recommendations on key strategic decisions (e.g., fundraising, M&A, partnerships).

Risk Framework: Define, implement, and maintain a comprehensive enterprise risk management (ERM) framework, proactively identifying, assessing, and mitigating financial, operational, market, and credit risks.

Regulatory Compliance: Ensure stringent compliance with all financial, tax, corporate, and SEBI regulations applicable to the RIA and PMS licenses and overall corporate entities (including the Companies Act, GST, Income Tax, and relevant SEBI Circulars).

Internal Controls: Establish and oversee robust internal financial controls (IFC), processes, and policies to safeguard assets, ensure data integrity, and prevent fraud.

Audit Management: Manage internal and external audit processes, serving as the primary liaison with statutory auditors and regulatory bodies (e.g., SEBI) during inspections and queries.

Insurance Oversight: Oversee the group’s corporate insurance portfolio, ensuring adequate coverage for key risks.

3. Record-Keeping, Accounting & Financial Operations

Financial Operations: Oversee all core financial operations, including accounts payable/receivable, payroll, tax compliance (direct and indirect), and cash flow management.

Systems & Automation: Drive the continuous improvement and digitization of the finance function, leveraging technology (ERP, accounting software, and internal tools) for greater efficiency, accuracy, and scalability.

Accounting Policies: Establish and enforce consistent accounting policies and practices across the group, ensuring alignment with Indian Accounting Standards (Ind AS).

Treasury & Fund Management: Optimize the group's treasury function, managing banking relationships, investing surplus funds efficiently while adhering to liquidity needs and regulatory constraints.

Board & Shareholder Reporting: Produce accurate, timely, and insightful monthly, quarterly, and annual financial statements for the Board, Founders, and key shareholders.

Regulatory Reporting: Oversee the timely and accurate filing of all required financial returns and disclosures with SEBI, the Registrar of Companies (RoC), and tax authorities.

Management Dashboards: Develop and maintain intuitive management dashboards that translate complex financial data into clear business insights for functional heads and the leadership team.

Fund Performance Reporting Support: Collaborate with the operations and investment teams to support the accurate and compliant reporting of PMS fund performance to clients and regulators.

Requirements

Qualifications:

Academic: Chartered Accountant (CA) or CFA (Charterholder). An MBA from a premier institute is a plus.

Experience: 15+ years of progressive experience in finance, with at least 5 years in a leadership role (Head of Finance, VP Finance, or CFO) within the Indian financial services sector (preferably AMC, PMS, Broking, or Fintech).

Sector Knowledge: Deep understanding of Indian BFSI regulations (especially SEBI RIA and PMS norms), Ind AS, and direct/indirect taxation in a financial context.

Tech Savvy: Proven track record of leveraging technology (ERP, modern accounting tools, and data analytics) to build scalable and efficient finance operations.

Strategic Thinking: Exceptional ability to synthesize financial data into strategic business insights.

Fundraising Experience: Experience in managing equity or debt fundraising processes is a strong plus.

Communication: Outstanding written and verbal communication and presentation skills, with the ability to convey complex financial concepts to both technical and non-technical stakeholders (including Board members and external regulators).

Leadership: Strong leadership and team-building skills, with a track record of developing high-performing finance teams.