Job Description (JD) – Chief Financial Officer (CFO)
Company: Litemed India Pvt. Ltd.
Location: Hyderabad, India
Employment Type: Full-Time
Department: Finance & Accounts
Reports To: Founder & CEO
About Litemed
Litemed is a healthcare technology company focused on innovative medical devices and wellness solutions. Our flagship brand, CuraPod, delivers non-invasive photobiomodulation (Red Light Therapy) solutions for pain management and women's wellness. We are looking for a strategic and execution-driven Chief Financial Officer (CFO) to lead our finance function and support our rapid growth.
Position Summary
The Chief Financial Officer (CFO) will oversee the entire Finance & Accounts function, ensuring financial stability, compliance, strategic planning, and operational excellence. The ideal candidate should possess deep expertise in accounting, taxation, financial planning, fundraising, compliance, inventory finance, manufacturing costing, and business strategy.
Key Responsibilities1. Financial Strategy & Leadership
- Develop long-term financial strategies aligned with company goals.
- Drive profitability, cost optimization, and cash flow management.
- Present financial insights to the Founder and Board.
- Build financial models for new product launches and expansion.
2. Accounting & Finance
- Oversee end-to-end accounting operations.
- Ensure accurate bookkeeping and financial reporting.
- Supervise Accounts Payable and Accounts Receivable.
- Finalize monthly, quarterly, and annual financial statements.
- Ensure proper GL management and reconciliation.
- Manage fixed assets and depreciation schedules.
3. Budgeting & Forecasting
- Prepare Annual Operating Budget.
- Monthly Budget vs Actual Analysis.
- Revenue Forecasting.
- Expense Forecasting.
- Product Profitability Analysis.
- Department-wise Budget Planning.
4. Taxation & Compliance
Strong knowledge of
- GST
- GSTR-1
- GSTR-3B
- GSTR-9
- Input Tax Credit
- TDS
- Income Tax
- ROC Compliance
- MCA Filings
- Companies Act
- FEMA (if applicable)
- Payroll Compliance
- PF
- ESI
- Professional Tax
- Statutory Audit
- Internal Audit
- Tax Audit
5. Financial Planning & Analysis (FP&A)
- Financial Modelling
- Scenario Planning
- Unit Economics
- Break-even Analysis
- Contribution Margin
- Gross Margin Analysis
- EBITDA Analysis
- Cash Flow Forecasting
- Business Performance Dashboards
- KPI Reporting
6. Treasury & Cash Management
- Working Capital Management
- Bank Relationship Management
- Cash Flow Optimization
- Payment Planning
- Vendor Payments
- Investment Planning
- Debt Management
7. Manufacturing Finance
Experience in manufacturing companies preferred.
Responsibilities include:
- Product Costing
- BOM Cost Analysis
- Inventory Valuation
- Material Cost Control
- Production Cost Analysis
- Warehouse Finance
- Stock Reconciliation
- Procurement Cost Optimization
8. Inventory & Supply Chain Finance
- Inventory Turnover Analysis
- Slow-moving Inventory Reporting
- Demand Forecasting
- Purchase Planning
- Inventory Ageing Reports
- Safety Stock Analysis
9. Fundraising & Investor Relations
- Financial Due Diligence
- Investor Deck Financials
- Data Room Preparation
- Bank Loan Management
- Venture Capital Fundraising Support
- Financial Metrics Reporting
- Investor MIS
10. Business Intelligence
Prepare dashboards for:
- Revenue
- Gross Profit
- Net Profit
- Cash Position
- Burn Rate
- CAC
- LTV
- Inventory Days
- Working Capital
- EBITDA
- ROCE
- ROI
- Department-wise Performance
11. Risk Management
- Financial Risk Assessment
- Internal Controls
- Fraud Prevention
- Insurance Management
- Credit Risk Management
- Vendor Risk Evaluation
Pay: ₹1,500,000.00 - ₹2,500,000.00 per year
Benefits:
- Cell phone reimbursement
- Commuter assistance
- Flexible schedule
- Paid sick time
- Paid time off
- Provident Fund
Work Location: In person
