Chief Financial Officer

Job Summary:

To oversee the company's financial operations, financial planning, budgeting, cash flow management, and overall financial performance. The CFO will play a key role in supporting business growth, improving profitability, maintaining financial discipline, and ensuring compliance with applicable statutory and regulatory requirements.

Key Responsibilities:

1. Financial Planning & Strategy

· Develop and implement financial strategies aligned with the company's business objectives.

· Prepare annual budgets, financial forecasts, and long-term financial plans.

· Analyse financial performance and recommend strategies to improve profitability.

· Provide financial insights and recommendations to the management team.

2. Financial Management & Reporting

· Oversee accounting, bookkeeping, financial statements, and management reports.

· Monitor revenue, expenses, profit margins, and operating costs.

· Ensure accurate and timely monthly, quarterly, and annual financial reporting.

· Establish effective internal financial controls and reporting systems.

3. Budgeting & Cost Control

· Prepare and monitor departmental budgets.

· Identify opportunities to reduce costs and improve operational efficiency.

· Monitor raw material expenses, wastage, inventory, and overall operating costs.

· Analyse outlet-wise or branch-wise profitability, where applicable.

4. Cash Flow & Working Capital Management

· Monitor cash flow, liquidity, working capital, and fund utilisation.

· Ensure timely payments to suppliers, employees, lenders, and other stakeholders.

· Manage receivables, payables, banking relationships, and financial obligations.

· Develop strategies to maintain adequate working capital.

5. Taxation & Statutory Compliance

· Ensure compliance with GST, TDS, income tax, and other applicable statutory requirements.

· Coordinate with auditors, tax consultants, banks, and regulatory authorities.

· Oversee internal and external audits and ensure timely closure of audit observations.

· Maintain proper financial documentation and statutory records.

6. Business Performance & Profitability

· Evaluate sales trends, gross margins, operating expenses, and net profitability.

· Prepare financial feasibility studies for new outlets, expansion plans, or investments.

· Develop financial KPIs and dashboards to support management decisions.

· Identify financial risks and recommend appropriate corrective measures.

7. Inventory & Vendor Management

· Establish financial controls for inventory, procurement, and vendor payments.

· Monitor stock valuation, wastage, pilferage, and inventory discrepancies.

· Review supplier contracts, pricing, and payment terms.

· Coordinate with operations and procurement teams to optimise costs.

8. Team Leadership & Internal Controls

· Lead and supervise the finance and accounts team.

· Establish standard operating procedures for financial transactions and approvals.

· Implement systems to prevent financial irregularities and minimise risks.

· Work closely with management and other departments to achieve business objectives.

Key Performance Indicators (KPIs):

· Revenue growth and profitability improvement.

· Budget adherence and operating cost control.

· Cash flow stability and working capital efficiency.

· Accuracy and timeliness of financial reports.

· Statutory compliance and timely tax filings.

· Reduction in wastage, and inventory discrepancies.

· Effectiveness of internal controls and financial risk management.

Qualifications & Experience:

Bachelor's degree in Commerce, Finance, Accounting, or a related field.

CA / CMA / MBA Finance qualification preferred.

Minimum 8–12 years of relevant experience in finance and accounts, with substantial experience in a senior financial leadership role.

Strong knowledge of accounting standards, taxation, financial reporting, budgeting, and cash flow management.

Pay: ₹50,000.00 - ₹100,000.00 per month

Work Location: In person