Chief Financial Officer (CFO)

Job Title: Chief Financial Officer (CFO) Company: OWLSTIP TECHNOLOGIES LLP SAP Module: SAP SD Roles & Responsibilities: JOB DESCRIPTION Department: Finance & Accounts Reporting To:Chairman, Chief Executive Officer (CEO), and Managing Director (MD) Team Responsibility: Finance and Accounts teams across all group companies We are seeking an experienced Group Chief Financial Officer to lead the finance function across all three companies, strengthen financial governance, improve operational efficiency, and support the group's continued growth. The Group CFO will be responsible for the overall financial strategy, planning, performance, and governance of OBG Qatar, Owlstip, and Kabo Industries. The role involves overseeing financial planning and budgeting, cash flow and treasury management, project financing, cost control, accounting, financial reporting, taxation, statutory compliance, and finance team leadership. The CFO will work closely with the Chairman, CEO, and MD to support strategic business decisions, maintain financial discipline, manage financial risks, and ensure timely and accurate financial information across the group. 4. Key Responsibilities Strategic Financial Leadership * Develop and implement the group's financial strategy in alignment with the business objectives of all three companies. * Advise the Chairman, CEO, and MD on investments, expansion plans, pricing, new ventures, and capital allocation. * Evaluate new projects and business opportunities based on profitability, return on investment, payback period, cash flow impact, and financial risk. * Establish scalable financial policies, procedures, and systems to support business growth in Qatar and India. * Lead the preparation of annual budgets for each company and the consolidated group. * Establish monthly financial targets for revenue, margins, overheads, and cash flow. * Prepare rolling 12-month financial forecasts and weekly 13-week cash flow forecasts. * Monitor actual financial performance against budgets, analyze variances, and recommend corrective actions. * Develop financial models and business plans for new projects, products, and business entities. Cash Flow and Treasury Management * Monitor daily cash positions and ensure sufficient liquidity for payroll, supplier payments, and project commitments. * Establish and manage payment approval procedures and payment schedules. * Manage working capital, including receivables, payables, advances, retentions, and inventory. * Oversee bank accounts, signing authorities, cheque controls, and payment processes. * Monitor intercompany funding and financial balances between the group companies. * Arrange and manage project funding, working-capital facilities, term loans, letters of credit, bank guarantees, and performance bonds. * Review project payment terms, advance payments, milestone billing, and retention arrangements to maintain healthy cash flow. * Prepare funding proposals, financial presentations, and reports for banks and financiers. * Monitor loan utilization, repayment schedules, financial covenants, and borrowing costs. * Develop and maintain strong relationships with banks and financial institutions. * Establish and monitor cost budgets for companies, departments, and individual projects. * Review operating expenses, including payroll, rent, utilities, transport, accommodation, fuel, and other overheads. * Identify cost-saving opportunities and improve financial efficiency. * Coordinate with procurement to ensure competitive quotations, approved purchase orders, and favorable supplier payment terms. * Review major purchases and expenditure against approved budgets and project cost plans. * Review project estimates, tender costs, profit margins, and payment terms before quotations and tenders are submitted. * Monitor project budgets, actual costs, billing, collections, and profitability throughout the project lifecycle. * Ensure timely invoicing, submission of variation claims, and collection of outstanding receivables. * Prepare monthly project-wise profitability and cash flow reports for management. * Oversee accounting operations across all group companies in accordance with applicable accounting standards. * Ensure timely monthly financial closing, targeted by the fifth working day. * Review financial statements, management accounts, bank reconciliations, payroll records, and expense claims. * Prepare consolidated financial statements and management reports. * Coordinate year-end closing and statutory audits in Qatar and India. Governance, Internal Controls, and Risk Management * Establish and implement financial policies, approval matrices, delegation of authority, and segregation of duties. * Maintain effective controls over payments, bank reconciliations, payroll, inventory, and fixed assets. * Conduct periodic internal control reviews and ensure timely closure of audit findings. * Identify and manage liquidity, credit, currency, contractual, and compliance risks. * Ensure appropriate financial risk management and insurance coverage. * Oversee applicable tax, payroll, audit, and statutory compliance requirements in Qatar and India. * Ensure timely GST, income tax, TDS, Companies Act, and ROC-related compliance in India, as applicable. * Monitor Qatar corporate tax, Wage Protection System (WPS), commercial registration renewals, and other applicable regulatory requirements. * Maintain proper documentation for intercompany transactions and transfer pricing. * Maintain a compliance calendar and ensure timely statutory filings. Finance Team Leadership * Lead, supervise, and develop the finance and accounts teams across all group companies. * Define responsibilities, performance targets, reporting schedules, and standard operating procedures. * Review the accuracy and timeliness of accounting entries, reconciliations, payments, payroll, and expense records. * Conduct performance reviews and provide guidance and training to finance personnel. * Recruit and develop the finance team in line with the group's growth requirements. * Implement standardized accounting systems, ERP processes, charts of accounts, and financial reporting formats across the group. * Document and standardize procedures for accounts payable, accounts receivable, payroll, petty cash, fixed assets, and month-end closing. * Introduce financial dashboards and digital reporting tools to improve visibility of cash flow, sales, costs, and project performance. * Continuously improve financial processes, accuracy, efficiency, and internal controls. Stakeholder Management * Act as the primary finance representative for banks, financiers, auditors, tax consultants, and government authorities. * Support commercial negotiations with clients and suppliers on pricing and payment terms. * Maintain professional relationships with external stakeholders and financial institutions. * Provide accurate and timely financial information to the Chairman, CEO, MD, and other authorised stakeholders. 5. Reporting and Management Review The Group CFO will maintain a structured reporting schedule, including: * Daily: Cash and bank position, major receipts, and payments due. * Weekly: Cash flow forecast, collections, payables, sales, orders, project status, financial risks, and decisions required. * Monthly: Company-wise and consolidated management accounts, profit and loss statements, balance sheets, cash flow statements, budget-versus-actual analysis, and project profitability. * Quarterly: Board reporting covering financial performance, forecasts, funding, compliance, and risk management. * Annually: Annual budgets, business plans, audited financial statements, and tax returns. 6. Key Performance Indicators (KPIs) * Cash Flow: Maintenance of adequate liquidity and accuracy of cash flow forecasts. * Profitability: Achievement of approved revenue, gross margin, and net profit targets. * Cost Control: Maintenance of overheads and project costs within approved budgets. * Working Capital: Improvement in collection periods, receivables ageing, and supplier payment management. * Funding: Availability of adequate banking facilities for projects and business expansion. * Financial Reporting: Timely monthly closing and submission of weekly and monthly reports. * Compliance: Timely statutory and tax filings, with no avoidable penalties. * Audit and Internal Controls: Clean audit outcomes and timely resolution of audit observations. * Team Performance: Development of competent, accountable, and well-managed finance teams. Work Location: In person Work Location: KL, India Availability: Full time

Experience Required: 0-2 years in finance and accounts, including senior leadership experience Qualification: Chartered Accountant (CA) preferred 7. Qualifications and Experience Educational Qualifications Professional Experience * Full-time, permanent position. * Primary work location: Calicut, India. * Regular travel to Doha, Qatar, and other group locations as required. * Compensation will be competitive and commensurate with the candidate's qualifications, experience, and suitability for the role. * A senior leadership position with direct access to the Chairman, CEO, and MD. * The opportunity to establish and strengthen the finance function of a growing group operating across multiple countries. * A competitive compensation package based on qualifications and experience. * International exposure and opportunities to contribute to strategic business growth across Qatar and India. * Companies, countries, and business sectors previously managed. * Experience in project financing, banking, and cost control. * Current and expected compensation. * Notice period and availability to join. Benefits: Key Skills: Pricing, Billing Salary: Not disclosed