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

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Chief Financial Officer (CFO)