Job Description:
Job Purpose
This Role acts as the CFO of GHAL, GHASL, GHRL, GLLPL of ALD Hyderabad Companies and is responsible for all the F&A Activities (Target setting, business planning, Accounting, Taxation, Audit, MIS, working capital Management, fund raising, Commercial Support to business and board management).
ORGANISATION CHART
CFO - ALD (GHIAL) & CEO - ALD → Head Finance & Accounts (F&A)
Head F&A with responsibility for managing and overseeing the entire Finance & Accounts team.
Key Accountabilities
Accountabilities Key Performance Indicator
- To achieve Revenue & profit as per Annual Operating Plan Ensuring timely reporting to GHIAL, GIL or other group companies as per requirement and timely completion of Statutory Audits with no adverse remarks
- KPI: Timely completion
- Presentation of Financial performance to Board of Directors and Senior management on a periodic basis.
- Board Management and Governance
- Effective management of working capital, ensuring the collection of receivables and making payment to vendor within agreed terms Optimum utilization of funds and resources
- Detailed review of financial performance of GHAL, GHASL, GHRL , GLPPL including other JVs on periodic basis to senior management Performance evaluation and achievement of KPIs
- Ensuring of timely invoicing & collection of receivables by ensuring the necessary reconciliation of Customers Ledgers Revenue Management and DSO
- Coordinating with Internal Auditors to ensure the internal audit and minimize the observations relating to SOP, DOP, and other processes Process compliance and timely resolution
- Arrangement of Funds, dealing with Banks and Financial institutions, Credit Rating Agencies, etc. for sourcing of funds. Need Basis
- Supporting to Business by participating the vendor negotiation and finalization of Contracts and ensure the timely payment to vendor Timely Completion
- Ensuring to complete the Tax Audit under the provisions of Income Tax and GST. 100 % compliance is required
- Evaluation of existing process continuously and improving the same including process automation, wherever applicable Continuous Process
EXTERNAL INTERACTIONS
- Interaction with bankers, financial Institutions,
- Interaction with Credit Rating Agencies, Registered Valuers
- Interaction with Statutory Auditors, Lenders, Consultants, Tax Authorities
- Independent directors
INTERNAL INTERACTIONS
- Interaction with ALD CEO, CBO and other Senior Management
- Interaction with all departments of ALD
- Head Direct Taxes & Head IDT
- Internal Auditors
- Interactional with Secretarial Team
- Interaction with GHIAL Finance and Sector Finance
- Interaction with SPG team
FINANCIAL DIMENSIONS
- Balance sheet size of Rs.5,000Crores.
- Total Revenue ranging between Rs. 600 Cr to Rs. 700 Cr varied based on the projects period to period.
- Fixed Assets include Building, which generates the rental amounting to Rs.3,000Cr.
Other Dimensions
- Direct reporting of 13 No
Education Qualifications
- Educational Qualifications: B.Com., CA/ICWA.
Relevant Experience
- Relevant and total years of Experience 20+ years in F & A.
COMPETENCIES
- Financial Reporting (Expert)
- Financial Analysis (Proficient)
- Financial Systems Proficiency (Expert)
- Accounts Receivable and Payable Management (Proficient)
- Cashflow Management (Proficient)
- Treasury Management (Proficient)
- Regulatory Compliance (Proficient)
- Business Partnering (Proficient)
- Personal Effectiveness
- Problem Solving & Analytical Thinking
- Planning & Decision Making
- Capability Building
- Strategic Orientation
- Stakeholder Focus
- Networking
- Execution & Results
- Teamwork & Interpersonal influence
- Social Awareness
- Entrepreneurship
Requirements: