VP Finance – CA (Location: Hyderabad)

VP Finance – CA (Location: Hyderabad)

To ensure timely and cost effective availability of funds in the most efficient form so as to successfully meet the annual projections of the organization.

Educational Qualifications: MBA from Tier 1/Tier 2 Business Schools

Skills / Capabilities: Communication, Negotiation, Relationship Management, Initiative & Drive.

Experience (Type/Duration): 8-10 years post MBA, Corporate and Investment Banking Experience, Experience of fund raising – debt and equity.

Accountability:

• Ensures adherence to department budget so as to avoid overspill of budgeted costs
• Develops and maintains relationships with external funding partners to ensure a timely supply of funds meeting the annual projections of the  organization
• Guides team to achieve the same
• Ensures a continuous organization and department focus on procuring funds in the most efficient form and reducing the cost of funds procured
• Provides effective process guidance to team to ensure adherence to all pre and post disbursement conditions relating to funds procurement
• Ensures timely and accurate provision of information and/or MIS to external stakeholders to satisfy their requirements
•  Responsible for recruitment, retention, skill development, growth and satisfaction of team
• Meetings

Key Activities:

Provides inputs to CFO for preparation of the annual Finance budget Tracks expenses versus budgets and highlights variances (if any) Uses internal and external sources to identify potential lenders Verifies current organizational status with each of these sources Reaches out to these sources with the objective of either starting a new relationship or nurturing existing ones Takes commitments from potential partners against the organizations annual projection Guides team members involved in similar relationship building roles Acts as a trouble shooter for all operational issues Conducts research to identify market benchmarks for cost of funds within and outside the sector Explores new potential alternative structures to beat the benchmark pricing Ensures restructuring of existing debt to meet new pricing benchmarks Negotiates on all financial covenants and pricing to safeguard the financial interests of the organization Obtains approvals of senior management / EC as and when required Ensures preparation of monitoring mechanisms including options of automating the same Ensures that the pre disbursement documents are examined by departments like Corporate Affairs, Legal Obtains approvals of senior management / EC as and when required Coordinates with MIS department to ensure availability of data for compliance of pre and post disbursement conditions – Follow ups done by Direct Reports Ensures flow of funds to the Treasury department as per the annual projections Liaisoning with external agencies / government bodies to promote good will for the organization Checks accuracy of (as per bankers formats) and ensures all ongoing reports to external stakeholders (Funding agencies, investors) are submitted on time Coordinates with different departments (specially MIS) to ensure that data is submitted on time Creates a recruitment plan for the department, and ensures recruitment happens as per plan Ensures appropriate training and development interventions Conducts timely and transparent appraisals Conducts monthly 1:1s with direct reports Actively manages vertical and horizontal career development of team Conducts semi-annual skip level 1:1s with all indirect reports Weekly Update meeting with CFO Monthly review meeting – with direct reports Quarterly review meeting for all HODs / ZMs Key interactions (Internal & External) External Funding agencies External Funding agencies, Senior Management Corporate Affairs, Legal Funding Agencies, Investors Performance Measure: Cost versus budget Volume of funds, Timely availability, Idle Cash % versus assets, Cost of Funds,  Timely and accurate fulfillment of all conditions Timely and accurate submission Attrition %, Employee Feedback. Decisions Taken by Roleholder: Recruitment till all Mgr Level Employees Finance department (for approved positions) Expense approvals till Rs…. for items approved in the budget Submission of loan applications Job Location: Hyderabad Contact Details: Contact Person: Madhusmita Contact Email ID: madhusmita.m@madhees.com For more details please feel free to visit www.madhees.com To get job updates please like our page www.facebook.com/madhees