Chief Financial Officer

We are looking for an experienced, strategic, and business-oriented Chief Financial Officer (CFO) to lead the organization's overall financial strategy, financial planning, governance, compliance, reporting, budgeting, and financial operations.

The ideal candidate should have strong leadership experience in Finance & Accounts, preferably within the FinTech industry, with exposure to digital payments, payment gateways, financial technology platforms, transaction processing, digital banking, or technology-driven financial services.

The CFO will work directly with the CEO, Managing Director, Board, and senior management to drive strategic business decisions, identify growth opportunities, optimize financial resources, strengthen internal controls, and ensure overall financial discipline across the organization.

Key Responsibilities

1. Financial Strategy & Business Leadership

• Develop and implement the organization's overall financial strategy aligned with business objectives and long-term growth plans.
• Partner with the CEO, Managing Director, and Board in strategic planning, business expansion, investments, and financial decision-making.
• Lead annual operating plans, long-term financial planning, budgeting, and forecasting.
• Evaluate new business opportunities, investments, expansion plans, and strategic partnerships from a financial perspective.
• Drive profitability, revenue growth, cost optimization, and financial efficiency across business verticals.
• Provide strategic financial insights and recommendations to senior management for critical business decisions.
• Develop financial strategies to support domestic and international business expansion.

2. Financial Planning, Budgeting & Analysis (FP&A)

• Lead the preparation, implementation, and monitoring of annual budgets, financial forecasts, and business plans.
• Establish financial targets and monitor performance against approved budgets.
• Conduct detailed financial analysis, variance analysis, and profitability assessments.
• Develop financial models to evaluate business performance, investments, and future growth opportunities.
• Identify financial gaps, business risks, and opportunities for improving operational efficiency.
• Monitor revenue, expenditure, margins, and financial performance across all business units.

3. Financial Reporting & MIS

• Oversee the preparation and presentation of monthly, quarterly, and annual financial statements.
• Ensure accuracy, transparency, and timely submission of financial reports and management information systems (MIS).
• Monitor revenue, expenses, profitability, cash flow, receivables, payables, and working capital.
• Establish financial reporting frameworks and performance measurement systems.
• Present financial performance, business insights, and financial forecasts to the CEO, Board, and senior management.
• Ensure financial reporting complies with applicable accounting standards and regulatory requirements.

4. Accounting, Financial Controls & Governance

• Take overall ownership of the organization's Finance and Accounts function.
• Establish and strengthen internal financial controls, approval mechanisms, financial policies, and SOPs.
• Ensure accuracy, transparency, and integrity of accounting records and financial transactions.
• Supervise general ledger, reconciliations, provisions, fixed assets, and financial closing activities.
• Implement effective financial governance and accountability across departments.
• Monitor expenditure, procurement approvals, vendor payments, and financial commitments.
• Establish systems to prevent financial irregularities, unauthorized expenditure, and revenue leakage.

5. Cash Flow, Treasury & Working Capital Management

• Lead cash flow planning, treasury management, and liquidity forecasting.
• Ensure adequate availability of funds to meet operational and strategic business requirements.
• Optimize working capital through effective management of receivables, payables, inventory, and project-related cash flows.
• Develop strategies to improve collections, reduce overdue receivables, and manage credit exposure.
• Monitor fund utilization, banking transactions, and financial obligations.
• Manage short-term and long-term funding requirements and optimize financial resources.

6. FinTech Financial Operations & Management

• Lead financial planning, reporting, and profitability management for FinTech products, digital payment solutions, payment gateway integrations, and technology-enabled financial services.
• Develop financial models for transaction-based revenue, processing charges, commissions, subscription fees, and revenue-sharing arrangements.
• Monitor transaction volumes, transaction revenue, settlement cycles, processing costs, and financial performance.
• Oversee financial reconciliation between internal systems, banks, payment gateways, and financial service providers.
• Monitor merchant settlements, transaction fees, refunds, chargebacks, and payment-related financial adjustments, wherever applicable.
• Analyze transaction-level profitability, business margins, and operational costs.
• Establish financial governance and controls to minimize transaction discrepancies, revenue leakage, and financial exposure.
• Build and maintain strategic relationships with banks, payment service providers, financial institutions, and technology partners.
• Ensure appropriate financial oversight of FinTech operations in coordination with relevant regulatory and compliance teams.

7. Taxation, Legal & Statutory Compliance

• Ensure complete compliance with applicable Income Tax, GST, TDS, Companies Act, and other statutory and regulatory requirements.
• Oversee timely filing of statutory returns, tax payments, financial statements, and regulatory documentation.
• Lead tax planning strategies and ensure tax efficiency while maintaining regulatory compliance.
• Coordinate with statutory auditors, tax consultants, legal advisors, and regulatory authorities.
• Monitor changes in taxation, corporate laws, and FinTech-related regulations and assess their financial impact.
• Ensure appropriate compliance oversight for digital payments and financial technology operations in coordination with relevant specialists.

8. Audit, Risk Management & Internal Governance

• Lead and oversee internal, statutory, tax, and financial audits.
• Establish comprehensive financial risk management frameworks and internal audit mechanisms.
• Identify financial, operational, transaction-related, taxation, and compliance risks.
• Ensure timely closure of audit observations and implementation of corrective measures.
• Strengthen internal controls, fraud prevention mechanisms, and financial monitoring systems.
• Evaluate financial exposure and develop appropriate risk mitigation strategies.
• Ensure transparency, accountability, and compliance across all financial operations.

9. Banking, Fundraising & Investor Relations

• Lead relationships with banks, financial institutions, investors, auditors, and other financial stakeholders.
• Manage working capital facilities, term loans, credit limits, banking arrangements, and financing requirements.
• Lead financial negotiations with banks and financial institutions.
• Evaluate fundraising opportunities, investment proposals, and capital allocation strategies wherever applicable.
• Oversee banking documentation, financial due diligence, and financial negotiations.
• Maintain strong financial relationships to support business expansion and long-term financial sustainability.

10. Leadership & Cross-Functional Management

• Lead, mentor, and develop the Finance and Accounts team.
• Establish clear responsibilities, performance expectations, and accountability within the finance function.
• Build a strong financial management structure with appropriate controls and reporting mechanisms.
• Work closely with the CEO, MD, HR, Sales, Operations, Manufacturing, Procurement, Technology, and Project teams.
• Drive financial discipline and cost-conscious decision-making across the organization.
• Lead finance process automation, ERP implementation, and continuous improvement initiatives.
• Act as a strategic business partner to management and support organization-wide growth initiatives.

Required Qualifications

• Chartered Accountant (CA) is highly preferred.
• Bachelor's degree in Commerce, Finance, Accounting, or a related field.
• MBA Finance or other relevant professional financial qualifications will be an added advantage.
• 1220 years of progressive experience in Finance, Accounts, Financial Planning, and Management.
• Prior experience in a senior finance leadership role, such as CFO, Finance Director, Financial Controller, or Head of Finance.
• Strong prior experience in the FinTech industry, preferably in digital payments, payment gateways, transaction processing, digital banking, or financial technology platforms, is highly preferred.
• Proven experience in leading finance teams and managing end-to-end financial operations.

Required Skills & Competencies

• Strong expertise in financial strategy, financial planning, and business finance.
• Extensive knowledge of Financial Planning & Analysis (FP&A).
• Expertise in budgeting, forecasting, financial modeling, and profitability analysis.
• Strong understanding of accounting standards and financial reporting.
• Extensive knowledge of GST, TDS, Income Tax, Companies Act, and statutory compliance.
• Strong experience in cash flow, treasury, and working capital management.
• Understanding of FinTech business models, digital payment transactions, settlement cycles, and transaction reconciliation.
• Knowledge of payment gateway charges, merchant settlements, commissions, refunds, and chargebacks.
• Strong understanding of financial governance, internal controls, audit, and risk management.
• Experience in banking relationships, credit facilities, fundraising, and financial negotiations.
• Proficiency in ERP systems, Tally, financial management tools, and advanced MS Excel.
• Strong leadership, strategic thinking, and business decision-making capabilities.
• Excellent communication, negotiation, and presentation skills.
• High level of integrity, confidentiality, accountability, and professional ethics.