Lexoraa Industries Limited is seeking a highly experienced and strategic Chief Financial Officer (CFO) to join our executive leadership team. The CFO will play a critical role in shaping the financial direction of the company, driving financial performance, and ensuring the sustainability of our business practices. This position requires a visionary leader with a strong background in finance, accounting, and strategic planning who can contribute to Lexoraa's growth and success.

Financial Strategy and Planning: 

• Develop and implement financial strategies that align with the company's long-term goals and objectives.
• Provide strategic recommendations to the CEO and the Board of Directors on financial matters.
• Lead the preparation of annual budgets, financial forecasts, and long-term financial plans. 

Financial Management:

• Oversee the company's financial operations, including accounting, financial reporting, treasury, tax, and audit functions.
• Ensure accurate and timely preparation of financial statements in accordance with statutory regulations and internal policies.
• Manage the capital structure and optimize the company’s capital resources.

Risk Management:

•  Identify and mitigate financial risks to safeguard the company’s assets and earnings.
• Develop and implement robust internal controls and financial reporting systems to ensure compliance with regulatory requirements and corporate governance standards.
• Oversee risk management activities, including insurance, currency exposure, and investment management.

Corporate Finance:

• Manage relationships with banks, investors, and other financial institutions to secure funding and optimize financing strategies.
• Evaluate and execute mergers, acquisitions, and other strategic financial initiatives.
• Lead financial due diligence and negotiations for potential acquisitions and partnerships.

Performance Management:

• Monitor and evaluate the financial performance of the company, identifying areas for improvement and implementing corrective actions.
• Develop key performance indicators (KPIs) to track financial performance and ensure alignment with strategic objectives.
• Provide insightful financial analysis to support decision-making by senior management.

Team Leadership:

•  Lead and mentor the finance team, fostering a culture of high performance, collaboration, and continuous improvement.
• Ensure the development of financial talent within the organization through training, coaching, and professional development initiatives.

Qualification : 

Educational Background:

• Bachelor’s Degree: A Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or a related field is typically required.
• Advanced Degree: An MBA (Master of Business Administration) or a Master’s degree in Finance, Accounting, or a related field is highly preferred and often required.

Professional Certifications:

• CA (Certified chartered Accountant): This is one of the most common and respected certifications for a CFO.
• CFA (Chartered Financial Analyst): Especially valuable for CFOs in investment firms or companies with significant financial assets.
• CMA (Certified Management Accountant): Useful for those focusing on management accounting and financial management.
• CISA (Certified Information Systems Auditor): Beneficial for CFOs in industries with significant IT or cybersecurity risks.

Experience:

• Extensive Experience: A minimum of 10-15 years of experience in finance or accounting roles, with at least 5 years in a senior leadership position such as Controller, Director of Finance, or VP of Finance.
• Industry Knowledge: Experience in the same industry as the hiring company is often preferred, as it ensures the CFO understands industry-specific financial challenges and regulations.
• Strategic Leadership: Proven experience in strategic financial planning, risk management, mergers and acquisitions, and managing investor relations.

Skills:

• Financial Acumen: Deep understanding of corporate finance, accounting principles, financial analysis, and reporting.
• Strategic Thinking: Ability to align financial strategies with the overall business strategy to drive growth and profitability.
• Leadership: Strong leadership skills to lead the finance team and collaborate with other executive leaders.
• Communication: Excellent communication skills, with the ability to present complex financial information to non-financial stakeholders, including the Board of Directors and investors.
• Technological Proficiency: Familiarity with advanced financial software, ERP systems, and the ability to leverage technology for financial management and reporting.
• Ethics and Integrity: High ethical standards and integrity, with a commitment to transparency and compliance.

Regulatory Knowledge:

Compliance: In-depth knowledge of financial regulations, tax laws, and compliance requirements relevant to the industry.
Risk Management: Expertise in identifying and mitigating financial risks, including market, credit, and operational risks.

Ensure full compliance with SEBI regulations, BSE listing requirements, and other applicable laws and regulations.

Stay updated on changes in regulatory frameworks and communicate the implications to senior management and the Board.

Manage the filing of all necessary documents and forms with SEBI, BSE, and other regulatory bodies.

Advise the Board of Directors and senior management on corporate governance best practices, ensuring that the company adheres to the highest standards.

Organize and manage Board and Committee meetings, including the preparation and circulation of agenda, notices, minutes, and resolutions.

Ensure that the company complies with all statutory and regulatory requirements regarding corporate governance.

Maintain statutory registers, records, and filings as required under the Companies Act, 2013 and other relevant legislation.

Draft, review, and manage company policies and procedures to ensure they comply with regulatory requirements.

Liaise with external regulators, auditors, and stakeholders as required.

Oversee the preparation and submission of reports and disclosures to BSE, ensuring accuracy and timeliness.

Handle insider trading compliance, including the maintenance of records and ensuring adherence to SEBI (Prohibition of Insider Trading) Regulations, 2015.

Ensure that the company meets all continuous listing obligations and disclosure requirements under SEBI and BSE regulations.

Coordinate the preparation and submission of annual returns, financial statements, and other statutory documents to the Registrar of Companies (ROC) and other authorities.

Ensure timely dissemination of information to shareholders and the stock exchange, including quarterly and annual results, press releases, and corporate announcements.

Provide legal and regulatory advice to the Board and management on matters related to securities law, corporate law, and compliance.

Identify potential compliance risks and develop strategies to mitigate them.

Oversee the drafting and vetting of legal documents, including agreements, contracts, and MoUs, to ensure compliance with applicable laws.

Act as a point of contact for shareholders, investors, and other stakeholders, addressing their queries and concerns.

Facilitate smooth communication between the company, shareholders, and regulatory bodies, ensuring transparency and compliance with disclosure norms.

Bachelor’s degree in Commerce, Law, or a related field.

Qualified Company Secretary (CS) from the Institute of Company Secretaries of India (ICSI).

Additional qualifications in law, finance, or compliance will be an advantage.

A minimum of 8-10 years of experience in corporate secretarial and compliance roles, with a focus on SEBI and BSE regulations.

Proven track record of managing corporate governance, regulatory compliance, and secretarial functions in a listed company.

In-depth knowledge of SEBI regulations, BSE listing requirements, Companies Act, 2013, and other relevant laws.

Strong organizational and communication skills, with the ability to manage multiple tasks and deadlines effectively.

Excellent attention to detail and analytical skills, with a proactive approach to problem-solving.

High ethical standards and a commitment to maintaining the confidentiality and integrity of corporate information.

Ability to work collaboratively with cross-functional teams and manage relationships with external stakeholders.

Job Title: Accounts Manager

Location: Mumbai 

Job Type: Full-Time

Job Summary:

The Accounts Manager will be responsible for overseeing and managing the financial operations of the company. This role includes maintaining accurate financial records, ensuring compliance with accounting standards, preparing financial reports, and providing strategic financial insights to support business decision-making. The Accounts Manager will also lead the accounting team and ensure the efficient and effective execution of all accounting functions.

Key Responsibilities:

1. Financial Management: Oversee day-to-day accounting operations, including accounts payable, accounts receivable, payroll, and general ledger.
2. Financial Reporting: Prepare and present accurate and timely financial statements, including balance sheets, income statements, and cash flow statements.
3. Budgeting and Forecasting: Develop, manage, and monitor budgets and forecasts in collaboration with senior management.
4. Compliance: Ensure compliance with local, state, and federal accounting regulations and tax requirements. Prepare for and manage external audits.
5. Team Leadership: Lead, mentor, and manage the accounting team, fostering a collaborative and high-performance work environment.
6. Process Improvement: Identify and implement process improvements to enhance the efficiency and effectiveness of the accounting department.
7. Financial Analysis: Provide financial analysis and insights to support strategic decision-making and business planning.
8. Risk Management: Monitor and manage financial risks, including credit risk, market risk, and operational risk.

Qualifications:

• Education: Bachelor’s degree in Accounting, Finance, or a related field. CPA, CMA, or equivalent certification preferred.
• Experience: Minimum of 5-7 years of experience in accounting or finance, with at least 2 years in a managerial role.
• Technical Skills: Proficiency in accounting software (e.g., QuickBooks, SAP, or Oracle) and advanced Excel skills. Familiarity with ERP systems is a plus.
• Analytical Skills: Strong analytical and problem-solving skills with attention to detail.
• Communication Skills: Excellent verbal and written communication skills, with the ability to present financial information clearly and effectively.
• Leadership Skills: Proven ability to lead and motivate a team, manage multiple priorities, and meet deadlines.

Working Conditions:

• Office Environment: This role is based in an office setting with standard working hours. Occasional overtime may be required during peak financial periods.

Benefits:

• Competitive salary and performance-based bonuses
• Health insurance and retirement plan options
• Professional development opportunities
• Paid time off and holidays