Chief Financial Officer at Tropical General Investments (TGI) Group

Job description

Overall accountability of Finance & Accounts function with specific focus on business strategy, investment plans, developing portfolio strategy, setting operational direction, reviewing and evaluating operating mechanisms 

• Providing leadership to Finance & Accounts and IT function at group level.
• Responsible for making strategic decisions, investment plans, financial planning/budgeting, developing financial aspects of 3 – 5 years Annual Operating Plan (AOP), capital expenditure plan and cost control including P & L responsibility for all group Companies.
• Making strategy to manage the working capital with the clear mandate to improve the trading cycle and reduce the finance cost.
• Responsible for Business Intelligence (BI) by integrating cross-functional business activities and transactions thru’ IT solutions. Designing IT strategies and infrastructure/services plan for the Group.
• Forecasting the funding requirements, assess its impact on the Balance Sheet and cash flow, monitoring bank borrowings limits and information circulation to bankers.
• Financial planning of new projects (Capex, acquisitions, new products, expansion, etc).
• Reviewing and analyzing Internal Audit observations and deciding corrective actions on it.
• Analyzing Balance Sheets, P & L accounts of all group Companies and submitting it to GMD.
• Setting and monitoring Finance & Accounts and IT functions goal and objectives in line with organizational objectives.
• Enhancing and monitoring the Internal Audit policies and procedures of the group.
• Coordinating surprise audits.
• Monitoring currency exposure and the currency risks.
• Monitoring Finance & Accounts functions of all group Companies including MIS reviewing, various financial reports analyses, legal & statutory compliances, etc.
• Monitoring the legal cases pertaining to Finance & Accounts function.
• Controlling manpower cost of Finance & Accounts and IT Functions in all group Companies.
• Participating in management meets and discussion on business strategy.
• Understanding Company’s new and modified business avenues, modal, strategy, etc and aligning Finance & Accounts and IT functions with them.
• Organizational development thru’ leadership development plans, succession planning, etc for critical positions in the department.
• Building competent, effective, efficient and result oriented team/organization.
• All relevant record keeping and reporting.
• Implementation and maintenance of quality systems and continuous improvement methodologies with specific focus on growth, cost reduction and process improvements. 

Desired Skills and Experience 

• Chartered Accountancy or other equivalent degree from any Institution of repute
• Minimum 15 years functional experience with minimum 5 years’ experience of handling Finance & Accounts functional head.
• Work experience in any big FMCG/manufacturing industry.
• Good experience of working in an ERP environment like SAP, Mfg-Pro, Oracle, Microsoft Dynamics systems.