Tamilnadu Government Jobs Recruitment - Applications are invited for CHIEF FINANCIAL OFFICER | 9317

PostedOn : 17 Apr,2017 | Employment Type : Permanent | Organization : State Govt Jobs | Expiry : 2018-04-17

 
 

The Chief Financial Officer is the executive head responsible for financial management of the Company. He/She is responsible for assessing financial needs and preparing annual and long term plans, raising funds to meet the requirements, drafting policies and rules to ensure compliance with best practices in financial management, authorising cash flow to project specific and administrative expenses, and financial accounting and reporting. Oversee the management and coordination of all fiscal reporting activities of the Company including - expense and balance sheet reports, utilisation reports to funding agencies, etc.

Roles & Responsibilities:

The broad roles and responsibilities of the Chief Financial Officer shall cover but are not limited to the following activities

i. Develop overall financial strategy and plan for SPV.

ii. Provide overall leadership in raising sufficient funds to meet the planned CAPEX and OPEX requirements of smart city projects, and unplanned cost escalations and cash flow constraints.

iii. Manage the budgeting processes and develop internal control to avoid budget over run.

iv. Responsible for implementing the approved financial polices of SPV and ensuring compliance.

v. Responsible for preparation of annual budget (revenue and capital).

vi. Obtain necessary clearances and approval from the Governing Board and the Executive Committee for management of day to day operations.

Academic qualification and experience:

Age as on 01.11.2016 : Age of candidates should not exceed 40 years as on 01.11.2016.

Essential Qualification: Graduation in any discipline with at least 60% marks or equivalent grade point average and Member of Institute of Chartered Accountants of India or Institute of Cost Accountants of India or two-years full time Master of Business Administration / Post Graduate Diploma in Management with specialization in Finance from IIMs / IITs or in a reputed institution.  

Experience: Not less than 7 years of post-qualification experience in managerial capacity in an equivalent or similar position in a reputed organization.

Consolidated pay per month (all inclusive on CTC basis) for deserving candidate (90%): Rs.1.25 lakhs.

Performance Linked Pay (10%): Rs.0.125 lakh. The Performance Linked Pay Guideline will be issued separately

Tenure of employment: Initially for a period of three years and will be considered for extension based on performance.

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