Bhaikaka University
Urgently Required
Chief Financial Officer (CFO)
Experience : 1 to 5 years
No of vacancies : 1
Job Description: The Chief Financial Officer (CFO) is a senior executive responsible for managing the financial actions of a company or organization. The CFO’s role includes tracking cash flow and financial planning as well as analyzing the company’s financial strengths and weaknesses and proposing corrective actions. This position reports directly to the Chief Executive Officer (CEO) and is critical for making strategic financial decisions that will affect the company’s performance and growth.
Key Responsibilities: Financial Leadership: Provide strategic financial guidance to ensure the company’s financial stability and growth.
Budget Management: Develop and manage the organization’s budget, monitoring and minimizing financial risk.
Financial Reporting: Oversee the preparation of accurate monthly, quarterly, and annual financial reports.
Cash Flow Management: Ensure there are sufficient funds available to meet the ongoing operational and capital investment requirements.
Investment Strategy: Guide the investment strategy to maximize returns and manage the company’s portfolio.
Compliance and Audit: Ensure compliance with statutory law and financial regulations, managing external audits.
Stakeholder Relations: Communicate financial performance and forecasts to stakeholders, including investors, board members, and employees.
Education Qualifications: Educational Background: Bachelor’s degree in Accounting, Finance, or related fields. A Master’s degree in Business Administration (MBA) or relevant field is highly advantageous.
Professional Certifications: Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), or similar credentials are often required.
Experience: Extensive experience in finance, with a significant portion in a leadership role, demonstrating progressive responsibility in financial management and strategy.
Key Attributes: Analytical Skills: Exceptional ability to analyze financial data and prepare detailed reports.
Strategic Thinking: Ability to think strategically and to guide significant investment and financial decisions.
Leadership: Strong leadership skills, with the ability to communicate a vision and drive results across departments.
Ethical Judgment: High level of integrity and transparency in handling the company’s financial practices.
Risk Management: Proficient in assessing, managing, and mitigating financial risks.
About the Role: Strategic Planner: Works closely with the CEO and other executives to shape the company’s overall strategy from a financial perspective.
Financial Advisor: Acts as the financial advisor to the board, providing insights on financial planning, investments, and risk management.
Team Leader: Leads the finance team, overseeing all financial functions, including accounting, budgeting, credit, insurance, tax, and treasury.
Risk Manager: Manages the organization’s financial risk, including identifying risk exposures and recommending risk management solutions.
Communicator: Liaises with stakeholders, including investors, financial institutions, and public auditors, providing clear communication on the company’s financial status and strategy.
The CFO is not just a numbers person but a key member of the senior executive team, contributing to strategic planning, operational efficiency, and financial decision-making that shapes the future of the organization.