Chief Financial Officer

Job purpose

CFO role is to support Business Unit Head office, to review of Monthly MIS including PandL, Balance Sheet, Cash flows, Project Costing and profitability, besides assisting Business Unit Head in designing business strategies and new init

Job description

Direct Reporting - Business Head, India and APAC, WCL

Matrix Reporting - Function Head, Finance and Accounts, WCL

Location : Mumbai

Job Role :

1. Financial Projectsion and estimates analysis, MIS including PandL, Balance Sheet, Cash flows various analysis from time to time on India BU

2. Preparation of budget and quarterly reporting of business plan and manpower cost

3. Monitoring Achievement of yearly cash flow target (OCF) as per BP,Yearly EBITDA target (INR Cr)

4. Analyze the Project costing and profitability at bidding stage and completion and assist in Pricing decisions

5. Identify new business growth areas and initiate the implementation

6. Ensure Compliance at India BU Level

7. Ensure GAM Compliance at India BU Level and update as per business needs and Org Structure

8.Analyze, Control, monitor, and drive customer collections, inventory, Accounts Receivable, Net Working Capital on a routine basis and Coordinate with Supply Chain, Procurement, Marketing"

9.Credit control of customers

Responsibilities

Assist the Business Unit Head in reviewing the Annual Business Plan budgets execution monitoring cash flow management and financial control projectionsbr Collaborate with the Business Unit Head to design and implement business strategies and new initiativesbr Participate in monthly reviews of the India Business Unit to ensure alignment with corporate objectivesbr Oversee the preparation of the annual budget and conduct quarterly reviews of the business plan and manpower costsbr Ensure the achievement of yearly cash flow targets Operating Cash Flow as per the Business Planbr Track and manage net working capital including inventory to optimize financial performancebr Analyze project costing and profitability at the bidding stage and upon completion assisting in pricing decisionsbr Control monitor and drive customer collections inventory accounts receivable and net working capital on a routine basisbr Coordinate with Supply Chain Procurement Marketing and other departments to ensure seamless financial operationsbr Collaborate with departments such as Banking Accounting Audit Corporate MIS and Consolidation to enhance financial functionsbr Identify new business growth areas and initiate their implementation to drive organizational successbr Ensure compliance with Governance Authority Management at the India Business Unit levelbr Lead team development initiatives and assign digital projects to enhance team capabilitiesbr Support management in all aspects of the India Business Unit and work closely to achieve corporate finance objectives

Requirements

• Experience: 15 to 20 years
• Education: Diploma,Master,Bachelor
• Qualification: Chartered Accountant, CA
• Relevant industry: Any Industry

Group company: Welspun Specialty Solutions Limited · Function: Finance & Accounts · Department: Finance & Accounts · Level: President