Chief Finance Officer Jobs in Pune - GOLDEN SILK CONSULTANCY

Job Description: Duties and Responsibilities

Job duties include the following: Other duties may be assigned.

• Acts as a key strategic leader and member of the Senior Management reporting directly to the CEO.
• Works closely with CEO and Board to manage and monitor Enterprise capital. 
• Handles responsibility timely for all accounting cycle testing, auditing, and compliance functions.
• Produces timely and consistently monthly, quarterly, and annual financial reports on Generally Accepted Accounting Principles including consolidating entities and coordinating annual audits.
• Prepares and files premium tax returns and all statutory reporting.
• Prepares and works with outside firm on quarterly and annual federal income tax filings.
• Handles responsibility for management oversight of reinsurance accounting, budgeting, and forecasting.
• Creates, support, and maintains investment guidelines for the organization.
• Maintains a leadership role in management of regulatory, rating agency, and Board of Directors reporting and communication functions.
• Strategic direction of Accounting and Finance functions
• Creating and enforcing accounting and finance policies, procedures, and internal controls

Supervisory Responsibilities

Manages Accounting Department. Is responsible for the overall direction, coordination, training and evaluation of these units.  

Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws.

Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems. 

• Responsible for Statutory reporting inclusive of understanding all applicable accounting policies
• Plan, develop, organise, implement, direct and evaluate the organisation's fiscal function and performance.
• Participate in the development of the corporation's long-term plans and programs as a strategic partner.
• Ensure all functions and programs under charge are performed within established budgetary parameters, to include performing cost control activities, monitoring revenues and expenditures, and ensuring sound fiscal control.
• Prepare critical fiscal documentation regarding accounting activities (e.g., weekly, monthly and annual reports, draft and revised codes and ordinances).
• Evaluate and advise on the impact of long range planning, introduction of new programs/strategies and regulatory action.
• Develop credibility for the finance group by providing timely and accurate analysis of budgets, financial reports and financial trends to assist the CEO/President, the Board and other senior executives in performing their responsibilities.
• Enhance and/or develop, implement and enforce policies and procedures of the organisation by way of systems that will improve the overall operation and effectiveness of the corporation.
• Establish credibility throughout the organisation and with the Board as an effective developer of solutions to business challenges.
• Provide technical financial advice and knowledge to others within the financial discipline.
• Continually improve the budgeting process through education of department managers on financial issues impacting department budgets.
• Provide strategic financial input and leadership on decision making issues affecting the organisation;
• Optimise the investment portfolio while maintaining compliance with investment policy and handle bank relationships to enhance investment returns.
• Develop reliable cash flow projections and reporting mechanism that includes minimum cash threshold to meet operating needs.
• Review potential M&A opportunities.
• Seek and work with investors for capital infusion.

• Provides timely, accurate analysis of budgets and financial reports to assist the CEO and other executives with their responsibilities.  Oversee completion of timely annual audited financial statements.
• Manages budgeting and long term financial planning process. 
• Provides strategic financial input and leadership on decision-making issues affecting the Company (i.e., growth, new markets, and evaluation of potential alliances, employee benefits, retirement plans, and investments).
• Continually improves the timeliness and accuracy of the Company’s cash flow and management of the billing and collections process and month end, quarterly and year end closings
• Ensures compliance with all tax reporting requirements
• Coordinates with appropriate legal counsel relating to financial and corporate governance compliance and risk assessment matters.