CA, 10-15 yrs exp; Chief Financial Officer

About Company

Founded to bring joy to parenting, the company has grown into a trusted name in baby care, offering a wide range of products, from essentials to toys and maternity items. With a strong distribution network and regional offices, it ensures accessibility and support for parents and partners nationwide.

Job Description

Brief:

chief financial officer is part of the senior leadership team in an organization that’s responsible for an organization’s financial health and activities. A CFO implements policies and procedures to ensure the proper accounting, and strategic use, of an organization’s funds

Core Competencies:

• Financial & Strategic Planning.
• Fund Raising
•  Budgeting, MIS Reporting & Analysis.
•  Management and Financial Accounting.
•  Cost Control.
•  Profitability
•  Accounts Finalization/Month-end closure.
•  Taxation & Regulatory compliances.
•  Internal and External Audits. 
• Team Management.
• Supply chain management

Job Responsibility:

• Handling day-to-day operation of the finance function to ensure proper accounting and finalization of company accounts promptly.
• Manage the timely preparation and presentation of statutory books of accounts, financial statements, and annual reports, ensuring conformance to regulatory accounting standards.
•  Innovation and automation in the system through IT intervention
•  Develop business plans and strategies for maximizing profitability & revenue generation & realizing organizational goals.
•  Responsible for planning, guidance, execution, and management of all accounting functions/ operations such as AR/ AP/ Cost & revenue accounting, period-end closure, inventory accounting, etc for the company.
•  Assist the senior management in providing correct financial & operation information to assist them in better strategic and operation plans.
• Regularly monitor and work closely with management in taking timely action to ensure that budgets and financial plans stay within approved levels.
• Supply chain management.
•  Supervise the General Ledger accounting work to ensure that all revenues and costs are correctly allocated and monitored.
• Prepare and analyze MIS reports to provide feedback to the Management.
• Analyze the company's expenses and identify areas where costs can be controlled.
•  Month-end closing and reporting & variance analysis by business plan.
•  Assess and evaluate the organization's financial performance about long-term operational goals, budgets, and forecasts.
•  Conduct variance analysis to determine the difference between projected & actual results and implement corrective actions.
•  Presenting monthly performance reviews for each business unit, indicating key business highlights and areas for improvement to senior management.
• To ensure timely closure of the accounting process for reporting.
•  Review and manage accounts payable and ensure all payments are as per process. Review and manage accounts receivable to ensure correct receivables & for better cash flow planning.
•  Compliance with internal & statutory audits and smooth completion until their presentation; evaluate internal control systems periodically to improve the present controls to best practice level.
•  Proper control over fixed assets and maintenance of the Fixed Assets Register (FAR).
•  Looking after Income Tax, TDS, and GST compliances.
•  Inventory Management- physical verification, adjustment & disposal. .
•  Reviewing the Product-wise gross margin every month. Reviewing the Cost of Goods sold every month and identifying the variance for the same.
•  Coordination with the other departments in the smooth operation of day-to-day business

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