Purpose: The Chief Financial Officer (CFO) will be responsible for the strategic planning, implementation, managing and running of all the finance activities of the Bank, including business planning, budgeting, forecasting, risk, and governance as well as negotiations, and information technology and systems of the Bank. As a key member of the executive management team of the Bank, the CFO interacts with senior stakeholders and other members of the Bank.
- Providing strategic recommendations to the CEO/ and members of the executive management team
- Monitor and direct the Treasury function of the bank including but not restricted to maintainance of CRR, SLR and other statutory reserves.
- Monitor and direct and maximse the profit from Treasury Operations / Trading and maintainance
- Ensure proper regulatory reporting
- Monitor and direct the implementation of strategic business plans
- Manage the processes for financial forecasting and budgets, and oversee the preparation of all financial reporting
- Advise on long-term business and financial planning
- Develop financial and tax strategies
- Develop effective performance measures that support the Bank's strategic direction
- Participate in key decisions as a member of the executive management team
- Maintain in-depth relations with all members of the management team
- Providing leadership, direction and management to the HR, finance, and accounting teams
- Manage the accounting, human resources, legal, tax, and treasury departments
- Oversee the Bank's transaction processing systems
- Implement operational best practices
- Oversee employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package
- Supervise acquisition due diligence and negotiate acquisitions
- Prepare and/or oversee the issuance of financial information, including monthly and quarterly management reporting as well as monthly board of director reporting packs
- Coordinate the annual audit and ensure proper filing of all tax returns
- Report and explain quarterly and annual financial results to the board of directors
- Understand and mitigate key elements of the Bank's risk profile
- Monitor all open legal issues involving the Bank, and legal issues affecting the industry
- Construct and monitor reliable control systems
- Maintain appropriate insurance coverage
Ensure that the Bank complies with all legal and regulatory requirements
May apply to: recruitment@bmcbank.co.in
