We have been retained by one of the leading and well established construction, development and maintenance service company mainly involved in the construction of roads and highways, bridges, irrigation and mining projects, construction of commercial buildings, and other ancillary services like toll collection, operation and maintenance of highways, to identify a finance professsional for them to take on the role of Chief Finance Officer.
The position reports to the Managing Director and shall be based out of one of the major cities of Gujarat.
ï· Finalization of monthly/quarterly/yearly balance sheet and planning budget process with emphasis on providing reliability in services, reducing costs, improving gross margins, revenue earning capacity and profitability.
ï·Undertaking financial analysis, internal & regulatory reporting and forecasting functions; administering long -term Capex Planning which includes maintenance, cost reduction, regulatory and strategic projects.
ï· Understanding new business/ changes in existing business, analyzing impact thereof on financials and suggesting accounting treatment; optimizing utilisation of capital and cash flow; monitoring ROI & P&L for optimum Returns
ï· Formulating annual budgets and conducting variance analysis to determine difference between projected & actual results and implementing corrective actions.
ï· Working on complete functions of project financing and loan syndication as well as economics of acquisition and merger; spearheading resources gathering for capital expansion with focus on funds & manpower.
ï· Deal with Banks & Financial Institutions for various Working Capital and Term Loans,
requirements, Project Funding & Syndications and Project Feasibility Analysis.
ï· Manage Forex & Treasury Operation for various Procurement of Material, Capital Goods and
Export Activities by hedging foreign currency exposure.
ï· Agreements, Finance Arrangement Agreements etc.
ï· Preparation of business plans & budgets, monitoring of variances, suggesting corrective actions
for variances.
ï· Ensure Strict compliance of all applicable Statutory Laws & Regulations including finalisation of
various Tax returns, assessments proceedings etc.
ï· Identification and implementation of cost control/reduction activity.
ï· Preparing the group for future public issue of the company.
ï· Ensuring strict compliances under new Companies Act, 2013 so save the company and its
management not to face any legal hassles in future.
ï· Preparing of detailed project reports, presenting and negotiating with banks/financing
institutions.
ï· Evolving most cost effective structures of financing for projects.
ï· Setting up robust monitoring mechanism for project cost controls.