Chief Financial Officer (CFO)

Location: Bangalore

As part of Rassense’s commitment to enhancing gender diversity at the senior leadership level, this mandate will prioritize the consideration of outstanding women professionals with proven finance and strategic leadership experience.

COMPANY OVERVIEW

Rassense Private Limited is one of India’s largest domestically owned pure-play food services company, backed by a prestigious Indian Alternative Investment Fund (AIF). With a pan-India presence, the company produces over 325,000 meals daily and employs more than 4,200 people, serving clients across manufacturing, education, healthcare, and corporate sectors.

The organization is the only Indian company with a footprint across all key segments of the food service industry, committed to delivering high-quality, hygienic, and customized food solutions. It operates with a clear vision of nation-building through food, encapsulated in its brand philosophy, “Together is More.” This reflects its mission to bridge India’s production communities in agricultural heartlands with consumption hubs across industries.

POSITION SUMMARY

The organization is looking for a seasoned, strategic, and investor-facing Chief Financial Officer (CFO) to join the executive leadership team during this pivotal phase of growth and transformation. Based in Bangalore, the CFO will lead all financial and regulatory operations and play a critical role in preparing the organization for a potential Initial Public Offering (IPO).

The ideal candidate will be a qualified Chartered Accountant (CA) with a minimum of 15 years of post-qualification experience, including recent and relevant exposure to IPO readiness, regulatory filings, investor/stakeholder communication, financial reporting, capital management, and corporate governance. While operational finance remains important, this role will have a stronger strategic orientation, focusing on capital markets, investor relations, and long-term value creation.

In addition, the CFO will oversee the end-to-end financial operations of the organization—including planning, budgeting, fund management, compliance, and reporting—ensuring fiscal discipline and operational efficiency at scale.

KEY RESPONSIBILITIES

Strategic & Financial Leadership

Lead the organization’s IPO readiness program including due diligence, DRHP preparation, audit coordination, and regulatory filings.
Act as the face of finance with external stakeholders including investors, analysts, bankers, and regulatory bodies.
Drive strategic financial planning, capital allocation, and risk mitigation aligned with the company’s long-term vision.
Manage the company’s investment strategies, accounting practices, and regulatory compliance framework.
Provide financial leadership to the Board and contribute to strategic business decisions.

Financial Operations, Accounting & Reporting

Manage the company's financial operations end-to-end including financial planning, budgeting, forecasting, fund flow, and working capital management.
Monitor and optimize cash flow to ensure sustainability of operations and business expansion.
Establish and monitor finance KPIs, cost control measures, and key performance tracking for all business units.
Lead the preparation of reliable and timely financial statements, MIS reports, dashboards, and executive forecasts.
Supervise the finance and accounts function with a strong emphasis on controls, transparency, and accountability.
Create robust processes for revenue recognition, cost tracking, compliance, and interdepartmental reconciliation.

Stakeholder & Investor Management

Build and maintain relationships with investors, SEBI, merchant bankers, auditors, rating agencies, and compliance/legal consultants.
Serve as a key representative during investor roadshows, financial presentations, and quarterly disclosures.
Craft and deliver a compelling financial narrative for the company’s performance and prospects.

Governance, Controls & Compliance

Ensure adherence to statutory requirements, corporate governance norms, and financial regulations (SEBI, Companies Act, etc.).
Strengthen internal controls, audit processes, and risk management frameworks across the organization.
Lead risk assessment, management, and mitigation frameworks.

Team & Systems Oversight

Lead, structure, and develop the finance, compliance, and secretarial teams, ensuring high performance, process ownership, and accountability.
Bring in financial process automation, system integration (SAP S4HANA preferred), and data-driven decision-making.
Collaborate cross-functionally with business heads to drive profitability and operational excellence.

REQUIRED QUALIFICATIONS & SKILLS

Chartered Accountant (CA) is mandatory.
15+ years of post-qualification experience in progressively senior finance roles.
Must have direct experience managing or leading IPO preparation, regulatory filings, and engagement with investment bankers/auditors.
Proven exposure to investor relations, corporate finance, and managing external financial stakeholders.
Strong understanding of financial governance, capital markets, and SEBI/ROC-related compliance frameworks.
Excellent leadership, communication, and interpersonal skills.
Exposure to contractual food services, hospitality, or any large-scale, multi-location B2B services organization will be an added advantage.
Prior experience with SAP S4HANA, MS Excel, and PowerPoint is preferred.

Athena Executive Search & Consulting (AESC)

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