Wonderful opportunity to be in an award-winning real-estate based organisation.
Looking for Chief Financial Officer (CFO), Bangalore.
Ideal profiles
will be Investment banking/Funding organisation background with Real-estate as
a practice, 15-20Years experience. Please DM for further details
H/P: +65 9165 5825 || E-mail: surendra@pivotal.associates
KRA’s
Strategy
- Provide
leadership on all financial control/accounting approaches and operational
affairs of COMPANY and its associated businesses and investments. This
requires delivery of strong financial accounting discipline, direction
setting, and process management across COMPANY entities globally.
- Co-ordinate
and oversee the month-end process, and financial statement preparation of
all operationalised COMPANY business entities and investments. This
involves but is not limited to, oversight of venture monthly performance
and control reports, technical accounting requirements, operational
booking model oversight, financial regulatory requirements, management of
third-party vendors and financial systems utilised for ventures and audit
requirements.
- Drive
enhanced analytical reporting for the profit and loss and key financial
indicators. This will require a wider understanding of financial
performance is delivered to a variety of stakeholders through business
focused conversations at all levels of the team.
- In
conjunction with the CEO/CFO, deliver on OKRs related to financial control
and improvement projects thereof.
- Take
the lead role in ensuring new venture ideas are fully informed and
“go-live ready” with regards to accounting and financial management
infrastructure, leading them through incubation, launch and
operationalisation and being de-facto interim CFO until a dedicated
resource / team is appointed.
- Be
the liaison point between the venture entities, Funding firms, Family
offices, and COMPANY Group Accounting (including technical accounting)
such that all Group reporting and control requirements are met while also
being commercially minded and helping the COMPANY businesses grow.
- Lead
capability development within the COMPANY, and ventures Finance teams in
financial accounting disciplines, and being a steward of the Groups
financial resources.
Business
- Provide
financial partnering, expertise, advice and an independent challenge to
the businesses on the day-to-day financial management as well as more
complex considerations such as corporate organisation design,
acquisitions/divestments/corporate re-structuring, intellectual property
considerations, transfer pricing etc
- Manage
a variety of internal and external stakeholders on all financial matters.
This will involve establishing external relationships from managing all
ends of financial management of a business from control to reporting,
technical accounting considerations, and any changes to business
activities or external standards and regulations.
- Perform
essential financial functions and oversight for multiple entities
including our construction, land aggregation, operation and maintenance
development company, financial company and all other entities associated
with COMPANY.
- Oversee
accounting division and manage all accountants and/or Controllers.
- Plan
and forecast, alongside Owner and Executive Team, financial roadmap for COMPANY
and financial goals.
- Direct
in tax planning and preparation for all entities.
- Implement
and maintain effective accounting systems and controls for monitoring
accounting functions.
- Identify
opportunities to reduce expenses and increase revenues for the company.
- Forecast,
create and maintain budgets by using historical data and budget trend
analysis.
- The
CFO/Finance Controller will play a vital role in strategic financial
initiatives for the company.
- Ensure
legal compliance and company policy compliance as it relates to taxes,
finances, accounting principles, etc.
- Work
alongside Executive Team to develop investment/construction opportunities
and strategize for future growth.
- Assist
in presenting profitability analyses to Executive Team and Owner for new
investments and construction projects.
- Work
alongside the Executive Team to forecast and develop 3, 5 and 10 year
plans for ACG.
- Advise
company President and CEO on financial issues and/or opportunities as they
relate to business decisions.
- Identify
opportunities to refinance on construction loans/properties and assist in
the refinancing of properties and track loan maturity.
- Track
and monitor annual cash flow and income from current portfolio.
- Develop,
present, and monitor forward-looking, predictive model and activity-based
financial analyses to provide insight into the organization’s operations
and business plans.
- Build
financial business plans and forecasts to ensure corporate fiscal
Represent the company to financial partners, including lending financial
institutions, investors, auditors, and public officials.
- Refine
financial tracking and reporting systems regarding affiliate and
partnership needs including cash flow, capital accounts and equity with
status reports.
- Oversee
capital/equity funding instalments and draw schedule.
- Develop
and enforce internal financial controls.
- Oversee
monthly, quarterly and yearly book.
- Manage
relationship with corporate and partnership-level external CPAs; ensure
annual audits, tax returns, and management reports are prepared and filed.
- Oversee
the team responsible for all operational accounting functions such as
accounts payable, equity administration and accounting, accounts
receivable, payroll, while adhering to best practices and GAAP.
- Create
multiyear cash flow projections and manage corporate cash flow to optimize
use of company.
- Manage
banking relationships, including lines of credit, maintaining
communications with investors.
- Develop
recapitalization analysis and oversee activities including project-level
refinancing and re-syndications.
- Report
on financial risk management, including reporting on key financial risk
metrics such as contingent liabilities, guaranty exposures, and related
portfolio level operational data
- Partner
with the COMPANY Funds team in future fundraising efforts and advise on
optimum booking models for COMPANY entities both tactically and
structurally through new investment growth. This will require being
involved in due diligence preparation, quarterly financial presentations
and business positioning materials (including valuations and potential
acquisition and exit strategies). The role will require management of
third-party specialists who will rely on COMPANY provided direction.
- Provide
Finance input into systems development and provide guidance on how this
will be implemented, maintained, and improved over time as business
requirements arise.
Processes
- The
role is expected to ensure financial control over all digital ventures is established
and robust. This will involve setting up new financial systems with third
party providers and financial systems and integrating these in accordance
with Group requirements as well as ensuring accurate and timely
information reporting to COMPANY Group and related stakeholders is
provided.
- The
role will require a control mindset and adherence to the COMPANY Committee
(Risk) framework for Business Ventures and Fund investments.
- Partner
with COMPANY Tax team to support tax compliance including filing corporate
tax, VAT and other tax returns. Specifically, working with venture and
third party outsource teams to provide tax inputs for the banks group
reporting schedules (half year, year-end) as requested and support
internal tax sign offs.
- Oversight
of COMPANY structure (e.g. cost centres, entities, business functions) in
the Group finance systems.
- Ownership
of balance sheet substantiation in the Bank’s Financial Control System.
- Maintenance
of COMPANY Finance Process Universe highlighting associated risks and
controls.
- Implement
new financial systems and processes for every venture launched and manage
the integration and oversight of it with COMPANY Group systems.
People & Talent
- Developing
a growing onshore team will be a key focus of the role as the COMPANY
business and segment grows in the short to medium term. The role is also
expected to mentor and develop digital venture finance team capability in
ensuring financial information is of high integrity.
- The
role is expected to have four direct reports at the onset, but which may
grow with business requirements.
Risk Management* & Governance
- Along
with the COMPANY CFO and Head of Finance develop the overall design and
outcome of the end-to-end finance and related processes and controls for COMPANY.
The role will own the process output performance in terms of client
service, financial performance and risk where appointed as Process Owners.
- Develop
and maintain effective financial information systems to satisfy the
reporting needs of COMPANY Management Team, COMPANY Group Finance and
local regulators.
- Apply
Group accounting and financial control policies, standards, procedures and
internal control practices as required
- Ensure
adequate controls are installed at all ventures and that substantiating
documentation is available to areas such as Internal Audit and COMPANY
Group Finance.
- Identify,
assess, treat and monitor significant operational risks and propose risk
acceptance requests with justification to the authorised risk acceptance
authority and abide by any conditions of acceptance.
- Promptly
execute any remediation or risk treatment actions to remain within risk
tolerance.
Regulatory & Business Conduct
Key stakeholders
Other Responsibilities