Jobs Opportunities

Chief Financial Officer - (4)
Location: PAN India
Qualification: CA/MBA Finance
Experience: 12-20 years

Leadership and Business Partnering

  • Providing leadership to the existing F&A team

Planning and Performance Measurement/ Enhancement

  • Review of existing MIS, to provide on-time, regular and accurate data (for both Finance and Operations), to provide more visibility into business performance metrics (not just accounting data) for review the of business performance by the management team. This would also involve instituting a more robust month-end closing process. Defining metrics or performance indicators in development of an MIS. These would also include clarity in definitions with respect to cost centers and business unit structure including Sales & Service
  • Deliver monthly MIS in the form of Profit & Loss Account, Balance Sheet and Cash flow statements along with analysis and operational insights
  • Conduct profitability analysis and calculate of profits and return on capital employed by business units and by outlets. This will sensitize the business to think in cash flow terms and ensure that most capital efficient BU or outlets are prioritized while others are beefed up to meet the minimum RoCE threshold.
  • Review existing costing systems/ methodology, suggest ways and means of improving this, generate customer/outlet/SKU and services profitability on a periodic basis based on the current frequency
  • Review the current basis of allocation of common costs to individual projects/outlets and recommend suitable cost allocations policy, including defining cost drivers for various central functions including central kitchen costs, wastage, cost of goods benchmark. Also, develop a cost reporting methodology to bring transparency in the performance management measurement and cost of operating franchisees
  • Assistance in improving the existing performance management system including budgeting process for variance analysis, with a view to improving accountability and downward delegation of authority to each individual department head. In due course, Candidate will develop processes to track actual vs budget. This will help in improve performance measurement and will develop higher certainty around achievement of business plan targets
  • Implementing a robust capital investment tracking system to enable tracking of efficiency of spends in new product/service/ technology investments, against agreed milestones

Cash flow management

  • Develop rules on tracking of cash flows and EBIDTA by Business units and Outlets. This will involve generating Outlet Level & BU level P&Ls with the eventual consolidation of all PLs into the Company P&L.
  • Devise ways and means of tracking cash flow and create rolling 12-week cash flow forecasts.
  • Working capital management including control over debtors and inventory

Risks and Controls

  • Review existing internal controls and suggest ways and means of improving this to ensure no revenue leakage
  • Recommend best practices to design and implement a formal process to monitor expenses and update delegation instruments, electronic authorization matrices, specimen signature documents, validation and authentication processes while measuring team productivity and strengthening internal controls.

IT enablement and Process improvements

  • Evaluate and implement IT systems; suggest improvements to IT-enable/automate the processes to ensure management gets better visibility into business operations.
  • Study & Review both company's existing written SOP's & processes on the finance & operations side, recommend and implement best practices as per the Standard Operating Procedures (SOP’s) where necessary across the company. The objective of this intervention will be to standardize processes to improve quality, accuracy and credibility of financial reports used for management decision-making.

Accounting and Audit

  • Ensure book closure on time and lead the discussions & engage with Internal Auditor, statutory Auditor and ensure closure of Audit on time. Ensure statutory compliance in a timely manner
  • Review and take ownership of the underlying Financial Statements of the company, lead the statutory audit finalization and handling routine monthly, quarterly and annual compliances

Qualification:

  • CA, MBA Finance

Experience:

  • 12- 20 years

Engagement Manager– (10)
Location: Mumbai
Qualification:CA
Experience: 2-8 years

Works With :

  • Internal:

    • Project Lead, Team members
  • External:

    • Client CEO and Promoters, Investors

Job Responsibilities :

  • KEY RESPONSIBILITIES & DUTIES

    • Ability to understand and manage multiple clients in different industry sectors
    • Constant interaction with Promoters / Business heads and addressing important areas
    • Finalize Financial MIS - P&L, CF, BS preparation and also Operating MIS
    • Provide analysis and commentary to the FInancial and Operating MIS
    • To take overall ownership for the F&A function and team members
    • Ensure all Statutory Compliances (Service Tax, TDS, VAT, transfer pricing, income tax etc.)
    • Willing to travel to multiple locations in a week (within Mumbai)
    • Ability to work unsupervised
    • Cash Flow Planning
    • Identifying gaps and building robust processes
    • Leading the budgeting effort
    • Review of Financial Statements, leading the audit process with a Big 4 or large CA firm
    • Managing relationships with Banks (negotiating credit limits, rate of interest, transaction costs etc)
    • Reviewing day to day compliances - works with other department heads in the company to help improve business efficiency and help measure business performance - leads working capital reduction - leads cost savings initiatives - leads IT initiatives including ERP implementations - implements internal audit findings - coordinates secretarial activities and board meetings

Qualification:

  • CA

Experience

  • CA with 2-8 years pf experience
  • Candidate will have between 2-8 years of PQE.
  • should have dealt directly with CEO/ Promoter
  • should be #1 or #2 in the F&A department. Should have supervised a team of not less than 6 persons

Competencies

  • Functional Competencies

    • Experience in interaction with Promoters
    • Commercial Acumen and strong business sense-
    • Good at excel
    • Should be the number 1/2 in the Finance department in the company where he/she works
    • strong experience in leading F&A teams and supervising their work
  • Behavioral Competencies.

    • Excellent communication and inter personal skills, ability to interact cross-function and across levels.
    • Self-starter with a persistent attitude

Assistant Vice President/ Vice President – Delivery (2)
Location: Mumbai/Delhi
Qualification: CA

Works With :

  • Internal:

    • Project Lead, Team members
  • External:

    • Client CEO and Promoters, Investors

Job Responsibilities :

  • KEY RESPONSIBILITIES & DUTIES

    • Not less than 4 years (may include artcileship) at a Big 4 professional services firm. Candidate should have experience of having managed a portfolio of clients during this tenure. Candidates from an auditing background are preferred in relation to tax.
    • Not less than 10 years in the industry after Big 4 experience. Candidate should have significant manufacturing background. Services experience is preferred (eg: education, ecommerce) but is not mandatory. Only service is rejected. Candidates will significant portion of their careers in trading companies or in BPO or in shared centre facilities or in BFSI segments are reject.
    • Should have worked with Indian promoter groups. MNC experience is preferred, but is not mandatory. Only MNC experience is reject.
    • Candidate should have worked in a minimum of 3 industries in his career
    • Candidate should have an average tenure of 3+ years during his career
    • Candidate should have worked in companies at different growth stages: start up, growth phase,mature business
    • Candidates with experience of having worked in a PE/ VC invested environment are preferred. Candidates who have taken their company to IPO are preferred.
    • Candidate should have worked in atleast 1 200+Cr turnover company

Qualification:

  • CA

Experience

  • Candidate will have between 10-15 years of PQE.
  • Age- 30 to 38 years
  • should have dealt directly with CEO/ Promoter for more than 6 years in his career
  • should be #1 or #2 in the F&A department. Should have supervised a team of not less than 6 persons

Experience/Desirables:

  • Should have the following functional skills (mandatory)
    • supervision of day to day accounts
    • generation of monthly MIs (PL, BS, CF)
    • routine compliance
    • closing audits(he should have been audited by a big 4 auditor)
    • should have faced internal audits
    • reporting/presented to board of directors
    • raised loans from Banks (ask for how much money they have raised)
    • drafted SOPs
    • worked in an ERP environment
    • made business process improvements
    • led cost reduction initiatives
    • assisted in costing/pricing decisions
    • evaluated insurance products
    • reviewed supplier, customer contracts
    • managed cash flow
    • managed credit control to customers
    • evaluated BU/ profit centre/ product profitability
    • dealt with tax authorities
    • dealt with tax consultants, company secretaries, lawyers
    • managed atleast 2 out of sales tax/VAT, service tax, excise duty, customs duty
    • led ERP implementation
    • raised PE/ VC funding
    • acquired a company or a business
    • supported a rapid scale up in the business
    • turnaround in a sick/ cash stressed company
    • taken a company to DRHP/ IPO
    • led supply chain or commercial or purchase functions, in addition to F&A Soft skills
    • excellent verbal communication skills (can articulate his point of view clearly)
    • confident and is able to carry himself well
    • not flashy or over aggressive
    • project management skills, ability to predict problems in advance
    • high energy,self managed
    • can command respect of a high quality team of CAs at our end
    • needs to be a team player.

Article -(4 Openings)
Location: Mumbai
Qualification: Group I & II Cleared

Works With :

  • Internal:

    • Internal management
    • Team
    • Delivery head, Engagement Lead
  • External:

    • Promoters, Directors, HODs, Staff, Vendors, Customers and Consultants of the client

Job Responsibilities :

  • KEY RESPONSIBILITIES & DUTIES

    • Ability to understand and manage multiple clients in different industry sectors
    • Constant interaction with Promoters / Business heads and addressing important areas
    • Finalize Financial MIS - P&L, CF, BS preparation and also Operating MIS
    • Provide analysis and commentary to the FInancial and Operating MIS
    • To take overall ownership for the F&A function and team members
    • Ensure all Statutory Compliances (Service Tax, TDS, VAT, transfer pricing, income tax etc.)
    • Willing to travel to multiple locations in a week (within Mumbai & Delhi)
    • Ability to work unsupervised
    • Cash Flow Planning
    • Identifying gaps and building robust processes
    • Leading the budgeting effort
    • Review of Financial Statements, leading the audit process with a Big 4 or large CA firm
    • Managing relationships with Banks (negotiating credit limits, rate of interest, transaction costs etc)
    • Reviewing day to day compliances - works with other department heads in the company to help improve business efficiency and help measure business performance - leads working capital reduction - leads cost savings initiatives - leads IT initiatives including ERP implementations - implements internal audit findings - coordinates secretarial activities and board meetings

Qualification:

  • Bcom /Group 1 cleared

Experience/Desirables:

  • Should have the following functional skills (mandatory)
    • Commercial Acumen and strong business sense
    • Experience in interaction with Promoters
    • Strong knowledge of Finance & Accounts, MIS, Compliance, Business planning and loan management, ERP(Desirable)
    • Knowledge of implementing and operating Tally, Good at Excel
    • Strong experience in leading F&A teams and supervising their work
    • Good communication and interpersonal skills (English)