1. Strategy- Define and establish Foundations
Strategy & vision for the finance function as a proactive business partner
to the CEO Foundation. Contribute to assist CEO Foundations and team in
building Strategic Objectives and Operating Model in line with Foundations
vision and mission.
2. Processes & Systems- Establish best in class IT
enabled financial systems and processes covering all finance functions and
departments as required namely General Accounting, Risk Management, Treasury,
Commercial (purchases & payables),Budgeting, Cost Accounting, Taxation,
Finance Control etc. Replication and standardisation of systems and processes
across business verticals. Check system anomaly and
provide corrective course of action.
3. Treasury & Working Capital- Raising and deployment
of funds with smooth cash flow is vital to the success of Foundations core
purpose. Currently Foundation is funded internally but in future may decide to
raise external funding for its project requirements. Hence establishing and
maintaining positive relationships with banks, investment analysts, and other
financial institution specially for raising working capital and capital for
projects is crucial.
4. Planning & Budgeting- Define
long term budgetary planning and cost management objective and principles. Oversee
and lead annual planning and budgeting process with CEO and other key
operations team members. Administer and review all financial plans and budgets,
monitor progress and changes and inform CEO and board at critical juncture.
Lead and direct a team of professionals for timely and accurate preparation of
organisation’s financial reports, such as profit and loss accounts, balance
sheet, management financial reports, and regulatory reports and filings and
presenting it to management and Board as required. Consolidate results across
business and verticals as required. Identify innovative means for cost
reduction, efficiency improvement, strengthening systems and process and
building leadership capabilities across team members.
Planning & Financing-
Check, analyse and advise top management team on financial viability of various
projects and financial agreements and options backed
with data, analysis and sound financial logic. Evaluate proposed business
activities and transactions such as acquisitions, investments, capital
expenditure or the sale of assets to ensure they are financially viable.
7. Commercial- Develop
a robust procurement and contract management system along with robust bills
payment process. Evaluate long term commercial viability of key vendors
assisting operations team in vendor development process.
Risk Management and Compliance - Coordinate and lead the
annual audit process liaise with external auditors. Assess recommendations and
make necessary changes. Establish internal process control norms and adequate
checks. Safeguarding organisation existing assets and de-risking new projects.
Compliance on all Accounting & legal standards and regulatory requirements.
Representing the organisation in various forums and Presenting relevant
financial results, analysis, findings, forecasts and researches to Promoters,
Board of Directors, Financial Institution and other key stakeholders as and
& External Stakeholders-
Continuous engagement with Internal and external stakeholders for collaborating
on key strategic initiatives and activities such as CPC, Internal Audit,
Business Vertical Finance and commercial, Investor relations, taxation,
financial institutions, Bankers, Legal Counsels and Investors etc.
evaluate, and develop financial staff to ensure the organisation's accounting
activities are conducted accurately, ethically, consistently and according to relevant
regulations, laws, and standards.