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Opportunity for CFO with A.treds Ltd (A Subsidiary of Axis Bank)

12 - 20 yrs
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18,00,000 - 30,00,000 PA. Openings: 1 Posted 30+ days ago Job Applicants: 1103 Job Views: 2500+

Job Description

 
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    Roles and responsibilities 

    Greetings from A.TREDS Limited, we currently have an opportunity for Chief Financial Officer in our Organization, located at Thane.



    A.TREDS Limited (a subsidiary of Axis Bank) is a national level online platform which facilitates financing of Receivables of Micro, Small and Medium Enterprises (MSME) from buyers through financiers. TREDS is in the business of opening of accounts, uploading, accepting, discounting and settlement of Invoices and Bills of Exchange by way of Factoring and Reverse Factoring and provide such other services as permitted by the RBI from time-to-time.



    Invoicemart is an online receivables discounting platform for facilitating the short term financial transactions in a smooth and efficient manner among the financers, buyers and sellers.



    To know more about the organization please visit our website www.invoicemart.com



    Given below is a short brief on the roles and responsibilities -

    • Preparing and presentation of business plan to Board.
    • Periodic comparison of actual income and expense vs. budgeted on weekly basis
    • Financial forecasting and projections
    • Ensure Filing and Payment of TDS, GST and Income Tax return before due date
    • Issue Quarterly compliance certificate to MD & CEO confirming about the compliances
    • Presentation of Financial statements to ACB and Board with data and analytics
    • Quarterly submission of financials to holding company
    • Preparation of Board notes and policies
    • Dealing with Banks for effective and smooth operations
    • Liaison with related parties
    • Submission of financials to related parties as required
    • Monthly and quarterly Reporting to compliance and risk department of Axis bank
    • Investment of surplus funds in fixed deposits. Monthly tracking of all expenses in comparison with Budget. Raising Flags wherever necessary. Payments to be released as per agreed terms of agreement, invoice or P.O. Record keeping process payments and receipts
    • Completion of annual statutory audit and quarterly internal audit within specified timeline and presentation of same in ACB
    • Preparation of entity level controls and review of internal financial controls of the Company

    Required Candidate profile

    Preferably CA with atleast 10 years of experience working in Banks / NBFCs

Salary: INR 18,00,000 - 30,00,000 PA.

Industry: Banking, Financial Services, Broking

Functional Area: Accounts , Finance , Tax , Company Secretary , Audit

Role Category:Senior Management

Role:Head/VP/GM-CFO/Financial Controller

Employment Type: Permanent Job, Full Time

Keyskills

Company Profile:

A.TREDS LIMITED

A.TREDS Limited (a subsidiary of Axis Bank) is a national level online platform which facilitates financing of Receivables of Micro, Small and Medium Enterprises ("MSME") from buyers through financiers. TREDS is in the business of opening of accounts, uploading, accepting, discounting and settlement of Invoices and Bills of Exchange by way of Factoring and Reverse Factoring and provide such other services as permitted by the RBI from time-to-time.



Invoicemart is an online receivables discounting platform for facilitating the short term financial transactions in a smooth and efficient manner among the financers, buyers and sellers.
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