About the Role

Chief financial officer (CFO)

Finance & Accounting

As we continue with our plans for rapid regional growth, we are seeking to hire a highly skilled and experienced Chief Financial Officer (CFO) to join our core team. The ideal candidate will have a significant impact on our financial strategy by ensuring financial discipline and driving growth and profitability.

Location: Udupi/Mangalore

Key Responsibilities :

1. Financial Strategy and Planning :

• Develop and execute the company's financial strategy in alignment with business objectives.

• Provide financial insights and recommendations to the executive team for effective decision-making.

• Lead the annual budgeting and forecasting processes to drive financial discipline and accountability.

• Identify and evaluate strategic opportunities for growth, cost optimization, and risk mitigation within the Real Estate sector.

• Develop, plan and spearhead the Investment strategy.

2. Financial Reporting and Analysis:

• Prepare and analyse accurate and timely financial reports, including income statements, balance sheets, cash flow statements, and key performance indicators (KPIs).

• Monitor financial performance against budget and forecast, highlighting variances and providing insights to management.

• Develop financial models and conduct scenario analysis to support strategic initiatives and investment decisions.

• Ensure compliance with accounting standards, regulations, and tax requirements specific to the industry.

3. Cash Flow Management and Treasury:

• Develop and implement effective cash flow management strategies to optimize working capital.

• Identification of debt funding requirements for the Company, liaising with financial institutions, negotiating and finalizing terms, vetting and execution of documents, satisfaction of financing conditions and drawdown of funds.

• Monitor and manage liquidity, cash balances, and banking relationships tailored to the unique needs of our industry.

• Evaluate and recommend appropriate financing options to support the company's growth objectives within the managed workspace/co-working space market.

• Implement robust treasury controls and policies to mitigate financial risks inherent to our industry.

4. Financial Operations and Controls:

• Establish and maintain a strong internal control environment to safeguard assets and ensure accurate financial reporting.

• Oversee day-to-day accounting operations, including accounts payable, accounts receivable, payroll, and general ledger, with a focus on industry-specific practices.

• Coordinate and attend to statutory, tax and internal audit matters thereby ensuring the completion of all related processes pertaining to the same.

• Implement and maintain financial systems and processes to streamline operations and improve efficiency.

• Collaborate with cross-functional teams to drive process improvements and automation initiatives tailored to our industry's requirements.

5. Team Leadership and Development:

• Build and lead a high-performing finance team, fostering a culture of excellence, collaboration, and continuous learning specific to the managed workspace/co-working space industry.

• Set clear performance expectations, provide feedback, and support professional development initiatives.

• Coach and mentor team members to enhance their financial acumen and business partnering skills within the context of managed workspace/co-working space operations.

• Foster strong cross-functional relationships and effectively communicate financial insights to stakeholders within our company.

Qualifications :

• Qualified Chartered Accountant with a proven track record (18 to 20 years) in a Senior Finance role

• Working knowledge in the Real Estate Industry is a must.

• Work with CXOs and bring the alignment in decisions and efficiently to plan and implement the same.

• Proficiency in financial modelling and scenario analysis to support strategic decision-making within this industry.

• Ability to thrive in a fast-paced, agile environment and adapt to changing priorities inherent to the managed workspace/co-working space industry.

• Support business development activities to drive business growth and provide sound advice on accounting impact of acquisitions and divestments activities.

• Excellent analytical, problem-solving, and decision-making skills tailored to the nuances of this Industry.