Rupees 15,00,000 - 20,00,000
Education:UG - Any Graduate - Any Specialization,Graduation Not Required PG - CA,CS
Industry Type:Banking/Financial Services/Broking
Role:Head/VP/GM-CFO/Financial Controller
Functional Area:Accounts, Finance, Tax, CS, Audit
JOB DESCRIPTION :
Designation: Chief Finance Officer
Salary Grade: 15L- 20L
Location: New Delhi
Industry: Financial Services / Stock & Commodity broking
Required Education: Management / CA/CS
Age: 45 yrs Max
Required industry: 3-4 Yrs In Broking Firm
Experience: 8- 15 Yrs
Reporting to: Managing Director
Key responsibilities:
1. Leading the Finance and Accounting function - Supervising the accounts team and
timely preparation of financial statements, financial reports and Liaising with banks.
2. Working Capital and Cash Flow management.
3. Strategic Financial Planning, Formulate financial objectives and budgets for the
company in coordination with all the other.
4. Internal Controls and audits, Set up effective internal control systems and processes
In the company. 'I,.
5. MIS Build robust management information systems for timely and effective feedback
to top management and external financial.
6. Taxation: Ensure most effective tax planning and ensuring timely assessment and
filing of direct and indirect tax returns.
7Strategic Planning:
~ Devising accounting policies/procedures & control systems for monitoring
financial performance.
~ Formulate budgets in tune with organizational objectives and profitability norms.
~ Screen new projects, conduct feasibility studies and prepare project reports to
assess viability of projects on financial grounds.
Financial! Fund Management
~ Develop fund-raising strategies for obtaining funds from banks/financial
institutions for organizational functioning & project requirements.
Accounts! Auditing! Taxation
~ Administer the finalization of year-end financial statements as per Indian GAAP.
~ Track timely receipt of money from debtors through improved credit collections.
~ Examine & evaluate financial systems, management procedures, and internal
controls to ensure that records are accurate and controls are adequate to
safeguard against fraud/misrepresentations.
~ Record and check for mismanagement, waste, errors or fraud.
~ Aid the statutory auditors by providing all relevant financial documents.
~ Finalize tax plans for minimizing taxation liability. Doing all income tax
assessments of the group.
~ Dealing all the income tax appeals up to CIT levels. Further also dealing up to
tribunal levels and coordinating with Tax Advocates for critical matters.
Liaison! Coordination
~ Interfacing with taxation authorities for timely filing of TDS, Service Tax and
Sales tax returns, tax assessments, exemption related benefits, registrations.
~ Liaise with statutory authorities such as STPI, RBI for securing compulsory
approvals.
~ Maintain constant interaction with internal officials across branches for ensuring
smooth functioning.
Statutory Compliances
~ Coordinate with Company Secretary to ensure compliance of Company Law
matters.
~ Furnish statutory documents / forms in relation to taxes as per mandatory
enactments.
~ Finalization of Accounts and Co-ordinate with Statutory and Internal auditors.
~ Debtors Management :- Supervision of staff for follow-up with clients regarding
their obligations, monitoring their margin / fund position and giving exposure as
per margin available. Implementation of cash management system to reduce the
time period for the payment made to client located in other cities.
~ Monitoring transaction processing in back office department, including day-to-day
issues pertain to back office accounting viz. Dividend Accounting, Bank
Reconciliation etc.
~ Funds Pay-in and Pay-out: -Monitoring and managing the fund position of the
Company including pay-in of funds to The Stock Exchange and Pay-out of funds
to Clients. Controlling margin funding of clients.
~ Shares Pay-in and Pay-out :- Monitoring movement of stock between clients and
The Stock Exchange including fulfillment of brokers obligation of shares Pay-in
and Pay-out towards Client and The Stock Exchange.
~ Internal Control : - Implemented internal control system in cash department by
defining level of authorization and other check and handling other sensitive
issues related to cash transaction.
~ Daily & Monthly MIS : ~ Preparation of monthly/quaterly/Half Yearlyl Yearly
Balance Sheet, exceptional reporting to Management and reporting about Risk
Management System. Handling Investor Grievances and reporting of it to
Management. Various other reporting on periodic basis as per management
requirement.
~ Reply to SEBI, and exchanges queries: Providing support to Compliance Officer
for giving reply to queries of various regulatory authorities.
Other functions usually expected as Head of department: In addition to professional,
departmental and management of team the training and coordination with other
departments etc.
JOB DESCRIPTION :
Designation: Chief Finance Officer
Salary Grade: 15L- 20L
Location: New Delhi
Industry: Financial Services / Stock & Commodity broking
Required Education: Management / CA/CS
Age: 45 yrs Max
Required industry: 3-4 Yrs In Broking Firm
Experience: 8- 15 Yrs
Reporting to: Managing Director
Key responsibilities:
1. Leading the Finance and Accounting function - Supervising the accounts team and
timely preparation of financial statements, financial reports and Liaising with banks.
2. Working Capital and Cash Flow management.
3. Strategic Financial Planning, Formulate financial objectives and budgets for the
company in coordination with all the other.
4. Internal Controls and audits, Set up effective internal control systems and processes
In the company. 'I,.
5. MIS Build robust management information systems for timely and effective feedback
to top management and external financial.
6. Taxation: Ensure most effective tax planning and ensuring timely assessment and
filing of direct and indirect tax returns.
7Strategic Planning:
~ Devising accounting policies/procedures & control systems for monitoring
financial performance.
~ Formulate budgets in tune with organizational objectives and profitability norms.
~ Screen new projects, conduct feasibility studies and prepare project reports to
assess viability of projects on financial grounds.
Financial! Fund Management
~ Develop fund-raising strategies for obtaining funds from banks/financial
institutions for organizational functioning & project requirements.
Accounts! Auditing! Taxation
~ Administer the finalization of year-end financial statements as per Indian GAAP.
~ Track timely receipt of money from debtors through improved credit collections.
~ Examine & evaluate financial systems, management procedures, and internal
controls to ensure that records are accurate and controls are adequate to
safeguard against fraud/misrepresentations.
~ Record and check for mismanagement, waste, errors or fraud.
~ Aid the statutory auditors by providing all relevant financial documents.
~ Finalize tax plans for minimizing taxation liability. Doing all income tax
assessments of the group.
~ Dealing all the income tax appeals up to CIT levels. Further also dealing up to
tribunal levels and coordinating with Tax Advocates for critical matters.
Liaison! Coordination
~ Interfacing with taxation authorities for timely filing of TDS, Service Tax and
Sales tax returns, tax assessments, exemption related benefits, registrations.
~ Liaise with statutory authorities such as STPI, RBI for securing compulsory
approvals.
~ Maintain constant interaction with internal officials across branches for ensuring
smooth functioning.
Statutory Compliances
~ Coordinate with Company Secretary to ensure compliance of Company Law
matters.
~ Furnish statutory documents / forms in relation to taxes as per mandatory
enactments.
~ Finalization of Accounts and Co-ordinate with Statutory and Internal auditors.
~ Debtors Management :- Supervision of staff for follow-up with clients regarding
their obligations, monitoring their margin / fund position and giving exposure as
per margin available. Implementation of cash management system to reduce the
time period for the payment made to client located in other cities.
~ Monitoring transaction processing in back office department, including day-to-day
issues pertain to back office accounting viz. Dividend Accounting, Bank
Reconciliation etc.
~ Funds Pay-in and Pay-out: -Monitoring and managing the fund position of the
Company including pay-in of funds to The Stock Exchange and Pay-out of funds
to Clients. Controlling margin funding of clients.
~ Shares Pay-in and Pay-out :- Monitoring movement of stock between clients and
The Stock Exchange including fulfillment of brokers obligation of shares Pay-in
and Pay-out towards Client and The Stock Exchange.
~ Internal Control : - Implemented internal control system in cash department by
defining level of authorization and other check and handling other sensitive
issues related to cash transaction.
~ Daily & Monthly MIS : ~ Preparation of monthly/quaterly/Half Yearlyl Yearly
Balance Sheet, exceptional reporting to Management and reporting about Risk
Management System. Handling Investor Grievances and reporting of it to
Management. Various other reporting on periodic basis as per management
requirement.
~ Reply to SEBI, and exchanges queries: Providing support to Compliance Officer
for giving reply to queries of various regulatory authorities.
Other functions usually expected as Head of department: In addition to professional,
departmental and management of team the training and coordination with other
departments etc.
Keywords: accounts, auidit, taxation, sebi, cash flow, avp, vp, finance Client of HFI Company Name:HUMAN FACTOR INTERNATIONAL
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