ICAI invites Job Applications for the Post of CFO/ Deputy CFO

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ICAI invites Job Applications for the Post of CFO/ Deputy CFO: The Institute of Chartered Accountants of India (ICAI) is a statutory body established for regulation of the profession of Chartered Accountants in India. ICAI has achieved recognition as the second largest Accountancy Body in the world. ICAI invites applications for the following positions on contract basis from competent professionals:

Job Applications for the Post of Chief Financial Officer

Position DescriptionChief Financial Officer
REPORTS TOSecretary (CEO)
SUPERVISES·          Accounts department

·          HR and Legal department

·         Department of Information Technology

MANNER OF ENGAGEMENTContractual for a period of 3 years, performance to be reviewed periodically
SalaryNegotiable, depending upon the credentials of the candidate
POSTINGNew Delhi/NCR
 

 

PRIMARY RESPONSIBILITIES

·         Ensure management and operational policies and procedures for operational activities to be efficient and in-line with approved budgetary allocations, and meet all legal statues.

·         Plan, develop, organize, implement, direct and evaluate the organization’s fiscal function and performance.

·         Evaluate and advise on the impact of long term financial planning.

·         Providing timely and accurate analysis of budgets, financial reports and financial trends in order to assist the CEO/President, the Council/committees in performing their responsibilities.

·         Develop, implement and enforce policies and procedures of the Institute by way of systems that will improve the overall operation and effectiveness.

·         Provide technical financial advice and knowledge to others within the financial discipline.

·         Continual improvement of the budgeting process through education of departments/committee on financial issues impacting

department/committee budgets.

 

·         Provide strategic financial input and leadership on decision making issues affecting the organization i.e. investments, etc.

·         Develop a reliable cash flow projection process and reporting mechanism

·         Be an advisor from the financial perspective on any contracts into which the Institute may enter.

·         Establish and implement internal controls, finance policies and procedures, administrative and IT systems to ensure that the organization’s day-to-day operational activities are efficient and effective, and are in-line with approved strategic initiatives and budgetary allocations

·         Works with the CEO and ICAI Council to proactively eliminate financial and legal risk to ICAI.

·         Ensures that appropriate administrative, financial and IT systems, infrastructure, policies and procedures are developed to support the implementation and evaluation of the organization’s strategies

·         Advises and guides the CEO and ICAI Council on the external landscape with respect to changing governmental legislation that potentially affects and/or changes the financial, administrative and IT requirements in India or otherwise.

·         Review, draft, implement and monitor internal controls and financial policies and procedures

·         Ensure that all statutory requirements of the organization are met

MINIMUM AGE45 Years as on 1st September, 2018
QUALIFICATION AND EXPERIENCE·         Qualified Chartered Accountant with at least 20 years of standing.

·         Those working in a Government/Statutory/Autonomous set up should hold an analogous pay scale or one level below that advertised. They should be holding charge of key function of strategic level in their current job. Those in private sector should possess similar experience of at least 3 years.

·         The prior profile should demonstrate that they led a large multi disciplinary team.

 

KNOWLEDGE AND SKILL REQUIREMENTS

·         Ability to lead from front and result orientation

·         Strong financial management acumen; knowledge of accounting procedures and protocols, budget administration and financial forecasting, data analysis and reporting

·         Knowledge of Indian Laws

·         Strong experience in the automation and processing of payments/receipts

·         Strong human resource management expertise; ability to supervise and mentor staff and engage staff members and inspire credibility, confidence and build consensus

·         Strong interpersonal skills and the proven ability to provide leadership to a team and to work in a team environment

·         Ability to plan, organize and lead the implementation of plans and processes

·         Strong knowledge of HR/Finance /IT/legal functions

·         Excellent written and oral communication, presentation and negotiation skills

·         Strong interpersonal skills and the proven ability to provide leadership to a team and to work in a team environment

·         Demonstrated capacity to think strategically with expertise in complex

 

problem solving, decision making and critical thinking skills, displays good judgment

·         Effective at proactively assessing and resolving conflicts

Job Applications for the Post Deputy Chief Financial Officer

Position DescriptionDeputy Chief Financial Officer
REPORTS TOChief Financial Officer
SUPERVISESFinance & Accounts function of Regional office and its branches
MANNER OF ENGAGEMENTContractual for a period of 3 years, performance to be reviewed periodically
SalaryNegotiable, depending upon the credentials of the candidate
POSTINGMumbai/Chennai/Kolkata/Kanpur/Delhi
 

 

PRIMARY RESPONSIBILITIES

·         Ensure finance processes and procedures are followed within the Region

·         To develop knowledge and understanding of all finance procedures and policies to ensure they are implemented throughout the Region

·         Reporting regularly to Chief Financial Officer/Regional Head

·         Reconciliation of Balance Sheet/ Accounts of Regional office and its branches

·         Liaise with Head Office Finance Team

·         Providing timely and accurate analysis of budgets, financial reports and financial trends in order to assist CFO in performing his responsibilities

·         Provide technical financial advice and knowledge to others within the financial discipline

·         Act as Regional advisor from the financial perspective on any contracts into which the Institute may enter at respective Region

·         Works with the CFO, Secretary and ICAI Council to proactively eliminate financial and legal risk to ICAI

·         Ensure that all Regional level statutory requirements of the organization are met

MINIMUM AGE40 Years as on 1st September, 2018
QUALIFICATION AND EXPERIENCE·         Qualified Chartered Accountant with at least 15 years of standing.

·         Those working in a Government/Statutory/Autonomous set up should hold an analogous pay scale or one level below that advertised. They should be holding charge of key function of strategic level in their current job. Those in

private sector should possess similar experience of at least 3 years.

 

 

 

 

 

KNOWLEDGE AND SKILL REQUIREMENTS

·         The prior profile should demonstrate that they led a large multi disciplinary team.
·         Ability to lead from front and result orientation

·         Strong financial management acumen; knowledge of accounting procedures and protocols, budget administration and financial forecasting, data analysis and reporting.

·         Knowledge of Indian Laws

·         Strong experience in the automation and processing of payments/receipts

·         Strong human resource management expertise; ability to supervise and mentor staff and engage staff members and inspire credibility, confidence and build consensus.

·         Strong interpersonal skills and the proven ability to provide leadership to a team and to work in a team environment

·         Ability to plan, organize and lead the implementation of plans and processes

·         Strong knowledge of HR/Finance /IT/legal functions

·         Excellent written and oral communication, presentation and negotiation skills

·         Strong interpersonal skills and the proven ability to provide leadership to a team and to work in a team environment

·         Demonstrated capacity to think strategically with expertise in complex problem solving, decision making and critical thinking skills, displays good judgment

·         Effective at proactively assessing and resolving conflicts

How to apply

Interested candidates may email their application in structured format at [email protected] or can send through speed post to the Consultant – HR at the Institute of Chartered Accountants of India, ICAI Bhawan, I.P. Marg, New Delhi 110 002, super scribing on the envelope the post applied for within 15 days from the date of announcement.

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