Chief Financial Officer

Bengaluru, Karnataka, India | KUDROLI WORLD | Full-time

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Strategy, Planning and Management

Act as Chief Financial Officer and strategic business partner to senior executive leadership team.

Assess and evaluate financial performance of organization with regard to long-term operational goals, budgets and forecasts.
Provide insight and recommendations to both short-term and long-term growth plan of organization.

Identify, acquire and implement systems and software to provide critical financial and operational information. Evaluate departments and make suggestions for automating processes and increasing working efficiency.

Communicate, engage and interact with Board of Directors, CEO and Executive Leadership Team.

Create and establish yearly financial objectives that align with the company’s plan for growth and expansion.

Coordinate with consultants, auditors and investors.

Serve as a key member of executive leadership team and round table discussion panel.

Participate in pivotal decisions as they relate to strategic initiatives and operational models.

Interact with and bring department into line with Board of Directors’ plans, initiatives and recommendations.

Implement policies, procedures and processes as deemed appropriate by senior leadership team.

 

Financial Analysis, Budgeting and Forecasting

Prepare and present monthly financial budgeting reports including monthly profit and loss by division, forecast vs. budget by division and weekly cash flow by division.

Review and analyze monthly financial results and provide recommendations.

Develop and maintain monthly operating budget and annual company operating budget.

Manage financial planning and analysis department.

Supervise creation of reports, software implementation and tools for budgeting and forecasting.

Participate in weekly conference calls with Lenders, Vendors and Executive Leadership Team.

 

Accounting, General Ledger, Administration and Operations

Supervise the accounting department to ensure the proper functioning of all systems, databases and financial software. Provide regular maintenance and backup of all accounting systems and supervise company financial staff.

Review and ensure application of appropriate internal controls, compliance and financial procedures.

Ensure timeliness and accuracy of financial and management reporting data for federal funders, foundations, investors and company’s board of directors.

Oversee the preparation and communication of weekly, monthly and annual financial statements.

Oversee the preparation and timely filing of all local, state and federal tax returns.

Work with Human Resources to ensure appropriate legal compliances.

Oversee the month-end close process, constantly reviewing procedures while eliminating inefficiencies.

Oversee preparation of monthly, quarterly and annual financial statements.

Review all month-end closing activities including general ledger accounts, balance sheet accounts and overhead cost allocation.

Enhance and implement financial and accounting systems, processes, tools and control systems

Hire, develop and manage accounting directors, managers and staff

Serve as a key point of contact for external auditors; Manage preparation and support of all external audits.

Coordinate and strategize methods used to attain team goals with Chief Accounting Officer

Financial Management

Manage cash flow planning process and ensure funds availability.

Oversee cash, investments and asset management area.

Explore new investment opportunities and provide recommendations on potential returns and risks.

Maintain outstanding banking relationships and strategic alliances with vendors and business partners.

Utilize forward-looking models and activity-based analyses to provide financial insight into the organization’s plans and operating budgets.

Financial Relations and Policies

Engage finance committee and/or board of directors to develop short term and long term plans, projections and budgets.

Represent company to banks, financial partners, institutions, investors, public auditors and officials.

Remain current on audit best practices as well as state, federal and local laws regarding company operations.

Finance and Accounting Team Management

Mentor and develop a team of managers and/or directors, managing work allocation, systems training, performance evaluations, and the building of an effective and efficient team dynamic.

Guide larger, cross-divisional teams outside of direct span of control within the three main company divisions.

Cash Management

Oversee weekly cash management and approve large payables, sign checks.

Supervise Accounts Receivable management and provide guidance relating to the collection process.