Job Description

Roles & Responsibilities - The Chief Financial Officer will direct business strategies, initiatives and activities for organization- wide financial strategies, planning, accounting and reporting. Key highlights of the role are listed below (purely indicative and not limiting):

• Business strategy and leadership

• Leading the organization to develop
  and implement strategies to drive business growth, improve performance, and
  enhance competitive advantage.
• Collaborating with top management to analyze business challenges, identify opportunities, and provide strategic recommendations.

2. Financial Strategy and Planning

• Developing financial strategies by forecasting capital requirements; identifying monetary resources and developing action plans.
• Leading the annual budgeting and forecasting processes.
• Assessing financial risks and opportunities, providing strategic recommendations to the CEO and board.
• Leading continuous evaluation of short and long term strategic financial objectives and offers
  recommendations to enhance financial performance and business opportunities.

3. Financial Reporting and Analysis

• Overseeing the preparation of accurate and timely financial statements, ensuring compliance with accounting standards and regulatory requirements.
• Monitoring financial performance by measuring and analyzing results, initiating corrective actions and minimizing the impact of variances.
• Conducting in-depth financial analysis to support decision-making processes.
• Presenting financial reports to the executive team and board of directors.

4. Treasury and Cash Management

• Managing liquidity, cash flow, and investment strategies to optimize financial performance.
• Maximizing return on invested funds by identifying investment opportunities and maintaining relationships with the investment community.
• Implementing effective treasury and cash management policies and procedures.

5. Regulatory Compliances

• Stay abreast of changes in regulatory requirements and ensure the organization\'s compliance with relevant financial regulations in the credit card industry.
• Collaborating with legal and compliance teams to mitigate regulatory risks.

6. Financial Controls

• Implementing and monitoring internal financial controls to safeguard company assets.
• Identify and mitigate financial risks.
• Ensuring compliance with internal policies and procedures.

7. Company Secretarial Function

• Supervising the Company Secretary function, ensuring compliance with statutory and regulatory obligations.
• Overseeing the maintenance of statutory records, board meeting processes, and corporate governance practices.
• Acting as a liaison between the executive team and the board of directors, facilitating effective
  communication.

Applicants should possess the following attributes:\xc2\xb7

• Proven financial management skills, including budgeting, forecasting, and financial analysis.
• Experience in optimizing financial performance and managing profitability in the credit card business.
• Ability to stay updated on changes in regulations and ensure the organization\'s adherence.
• Proficiency in preparing accurate and timely financial statements, complying with accounting standards and regulatory reporting requirements.
• Strategic mindset with the ability to align financial goals with overall business strategy and contribute to long-term growth and sustainability.
• Understanding of technological advancements in industry, including digital payments, mobile banking, and data analytics.
• Analytical skills to interpret financial data and provide insights for informed decision-making.
• Ability to collaborate with cross-functional teams to achieve common business goals.
• Strong ethical leadership and integrity.
• Adaptability and experience in leading teams through organizational changes, technological
  advancements, or shifts in regulatory requirements.
• Strong analytical and strategic thinking skills.
• Excellent communication and interpersonal skills.
• Ability to thrive in a fast-paced and dynamic environment.
• In-depth knowledge of Indian financial regulations and credit card industry practices preferred.

Educational Qualifications - Qualified Chartered Accountant (CA)/MBA in business, finance, accounting or equivalent experience.

• Minimum 16+ years\xe2\x80\x99 experience in financial management in a senior management position
  preferably in banks/large corporates/Financial Institution/Financial services organization.

About Company









BOB Financial Solutions Limited is a wholly owned subsidiary of Bank of Baroda and a Non-Deposit Accepting Non\xe2\x80\x93Banking Finance Company (NBFC). BFSL was established in the year 1994 to cater to the need of rapidly growing credit card industry in a focused manner. BFSL is one among the pioneers in Indian card market and was the first nonbanking company in India to issue credit cards.
The Company\xe2\x80\x99s core business is credit card issuance and consumer lending. It also provides support to Bank of Baroda by carrying out its merchant acquiring operations.