Chief Financial Officer

Job Description

Chief Financial Officer for Manufacturing Industry - Responsibilities:

• Monthly and Annual Accounts, internal and Statutory Audits finalization including consolidation
• Fundraising, Trade finance and preparing for raising Private Equity and IPO
• Banking and finance cost optimization
• Direct and Indirect taxes
• MIS & Cost controls
• Secretarial and legal matters
• Regular plant visits and interaction with Plant teams
• Exports matters concerning DGFT and interaction with Export Promotion councils on an Industry matter
• Also actively participate in IT and SAP optimization and functionality enhancements
• Preparation of Financial Statements Standalone and Group companies, group consolidation.
• Quarterly Limited review- Standalone and Consolidated.
• Internal, ICFR, and Statutory Audits
• Cash Flow Planning and Management and compliances with investors and ARC
• ARC reporting and compliances
• Due Diligences for investors and compliances
• Accounting and Audits of Standalone and Group companies, group consolidation. Quarterly Limited review- Standalone and Consolidated, Internal Audit. Listing agreement compliances.
• Finance Planning and Funds Raising Part of the team, from banks Projects loans, Corporate Loans, and Working capital loans. Due diligence for Private Equity, Preferential allotment, and QIP.
• Direct and Indirect Taxation planning, management, and compliances.
• MIS and Budgeting introduced various MIS Reports and developed the budgeting system for controls, monitoring, and risk management.
• Secretarial matters actively interact with the secretarial team for filings and listing agreements, Audits, and other compliances.
• Commercial, Legal, Administration, HR, Insurance, Risk and compliances management key contributor in planning, execution, and compliances
• Finalization, Consolidation, and Completion of Statutory Audits of Accounts of group companies. Internal audit Compliances.
• Financial Planning and Funds raising for Projects under Implementation.
• Direct and Indirect Taxes planning, Management, and compliances
• Budgeting, MIS Reporting, and internal controls.
• Coordinator for SAP(ERP) implementation for Real Estate Group Companies.
• Corporate laws and Secretarial Compliances for Group Companies.
• Assist in legal Compliances including preparation of Shareholders Agreements and MOAs/MOUs etc.

FINANCE & TREASURY

• Arranging long term funds debt and equity
• Raised the fund through the preferential issue, private equity and Rights issue, and term loan.
• Arranging short term capital funds for working capital and documentation thereon and renewal of working capital funds from banks under consortium.
• Analysis and requirement of the working capital fund and non-fund based limits and Preparation of CMA for Working Capital funds.
• Coordinating with Banks for LC and Bill discounting.
• Assisted in preparation of a Business plan of the Company.
• Presentation and Review of monthly MIS reports.
• Analysis of the performance of sales and production
• Reviewing Quarterly Results and yearly results
• Implemented the SAP system with a team of professionals
• Estimates and preparation of budgets

BUDGETING AND COSTING

• Cost Audit
• Preparation of Profitability Statement of various Marketing Division
• Analysis of the performance of various plants of the Company.
• Co-ordination of data and presenting the same for review meeting by Directors
• Actual costing of Products along with value addition of products.
• Reply to NPPA.
• Filling and filing the form to NPPA
• Stock valuation of various factories.
• Stock summary of Company as a whole.
• Helping MIS in preparing the reports.

FINANCE & ACCOUNTS:

• Preparation of Project Report for Group Companies for finance from Banks.
• Preparation of projection on Accounts.
• Assisted in External Commercial Borrowing (ECB) and Foreign Currency Convertible Bond (FCCB)
• Co-ordinating with the various bank for Working Capital funds.
• Co-ordinating with investment consultants for making investments in group companies.
• Preparation of Annual Accounts of group companies and audits
• Filing of the balance sheet with ROC and Income tax department.
• Preparation of Annual Return and filing the same with ROC.

TAXATION:

• Computation of income tax for group Companies.
• Assessment and computation of Advance Tax payable.
• Filling of income tax returns of group companies.
• Co-ordinating with the Tax Auditor for obtaining the Tax Audit Report and submission of various details on a tax audit.
• Tax planning on merger and amalgamation
• Obtaining the CA certificate of Tax deduction at source for remitting the funds outside India.
• Preparation of various details on assessments of tax.
• Drafting reply to be given to tax authorities.
• Drafting appeals to be filed with Commissioner (Appeal) and ITAT.

SECRETARIAL, SEBI, AND STOCK EXCHANGE :

• Maintenance of Minutes of AGM/ EGM and Board Meetings.
• Drafting Agenda and Resolutions for a board meeting of SPIL.
• Preparation of Directors Reports, Corporate Governance.
• Co-ordination with Secretarial Auditors in Compliance Audit.
• Filling and filing various forms with ROC and Stock Exchange.
• Assisted in holding in AGM/EGM of Sun Pharma.
• Amalgamation/Merger of group companies.
• Listing and De-listing of Securities from various Stock Exchanges.
• Compliance with the procedures under the Companies Act.
• Buyback of Shares as per SEBI Guidelines.
• Uploading Quarterly and Annual Results of Company at SEBI site.

LEGAL:

• Filing of Case with the help of Advocate in the matter of dishonor of cheques.
• Filing of the petition in High Court for amalgamation, and various affidavits.
• Drafting Appeal in Excise and Custom maters
• Drafting various deeds and power of Attorney.
• Applying for Trade-Marks with help of advocates

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Keyskills :
budgetingcontinuous improvement facilitationmistax auditadvance taxbalance sheetaccountsmis reportingfinanceprivate equityaccountingboard meetingannual returnincome taxinternal auditdue diligencetax returnsaudit reporttrade financehigh