Chief Financial Officer

Job Name

Chief Financial Officer (CFO)

Company Name

Vinit Mobile Limited

Job Title

Chief Financial Officer (CFO)

Department

Finance & Accounts

Location

Surat, Gujarat

Employment Type

Full-Time

Experience

10–15+ Years

Qualification

Chartered Accountant (CA) – Preferred

Probation Period

3 Months (Mandatory)

About the Company

Vinit Mobile Limited is a listed public limited company engaged in the retail business of mobile phones, accessories, and related products through its retail network. We are looking for an experienced and strategic Chief Financial Officer (CFO) to lead our finance and accounts function, ensure statutory and regulatory compliance, strengthen financial controls, and support the company's growth.

Key Responsibilities1. Financial Planning & Strategy

Develop financial strategies, annual budgets, and business plans.

Prepare financial forecasts, cash flow projections, and profitability analysis.

Advise the Managing Director on financial decisions, investments, and business expansion.

Monitor branch-wise, brand-wise, and business-segment-wise profitability.

Accounting & Financial Reporting

Oversee accounting, financial statements, balance sheets, Profit & Loss accounts, and cash flow statements.

Ensure accurate and timely monthly, quarterly, and annual financial closing.

Monitor working capital, receivables, payables, inventory valuation, and overall financial performance.

Establish effective MIS reporting and financial control systems.

• Limited Company Compliance & Listed Company Requirements

Must have strong knowledge and practical experience in Limited Company compliance and statutory requirements.

Ensure compliance with the Companies Act, applicable SEBI regulations, NSE requirements, and other relevant statutory obligations.

Coordinate with the Company Secretary, statutory auditors, internal auditors, tax consultants, and regulatory authorities.

Support quarterly and annual financial results, annual reports, financial disclosures, and other regulatory filings.

Ensure proper maintenance of financial records, statutory documentation, and audit-related information.

Coordinate with the relevant teams to ensure timely completion of all applicable ROC and other statutory filings.

Maintain strong internal financial controls and ensure audit readiness.

Taxation & Audit Management

Oversee GST returns, reconciliations, input tax credit, e-invoicing, TDS, income tax returns, and tax assessments.

Manage statutory, internal, and tax audits.

Identify tax risks and ensure accurate and timely compliance.

Treasury & Working Capital Management

Manage cash flow, banking relationships, fund utilization, and liquidity planning.

Monitor bank limits, borrowings, interest costs, and financing requirements.

Improve working capital through effective inventory, creditor, and debtor management.

Ensure sufficient funds for business operations and expansion.

Retail Finance & Inventory Control

Monitor financial performance across branches and business units.

Implement controls for stock valuation, inventory reconciliation, stock transfers, sales returns, discounts, and gross margins.

Identify financial leakages, unusual transactions, and operational inefficiencies.

Improve accounting software, ERP systems, automation, and financial reporting.

Internal Controls & Risk Management

Develop financial policies, approval processes, and standard operating procedures.

Strengthen controls over expenses, procurement, payments, cash handling, and vendor transactions.

Identify and manage financial, operational, taxation, and compliance risks.

Reduce financial discrepancies and improve accountability across branches.

Team Leadership

Lead and manage the finance and accounts team.

Establish reporting structures, responsibilities, and performance standards.

Coordinate with HR, operations, procurement, sales, IT, and senior management.

Ensure accuracy, accountability, and timely financial reporting.

Required Qualifications & Experience

Chartered Accountant (CA) preferred.

10–15+ years of relevant experience in finance and accounts.

Practical experience in a Limited Company is mandatory.

Experience with listed companies and knowledge of SEBI, NSE, Companies Act, and ROC compliance will be strongly preferred.

Experience in retail, distribution, or other multi-branch businesses is an advantage.

Strong knowledge of accounting standards, taxation, auditing, treasury, and financial planning.

Proficiency in Excel, financial modelling, ERP/accounting software, and MIS reporting.

Strong leadership, analytical, communication, and decision-making skills.

Probation Period

A 3-month probation period is mandatory for the selected candidate.

Performance, technical knowledge, compliance expertise, leadership, and suitability for the role will be evaluated during this period.

Confirmation of employment will be subject to satisfactory performance and completion of the company's applicable employment formalities.

Key Performance Indicators (KPIs)

Timely monthly, quarterly, and annual financial reporting.

Accurate financial statements and branch-wise profitability reports.

Timely completion of statutory, tax, and regulatory compliance.

Improved cash flow and working capital efficiency.

Effective inventory and expense controls.

Reduction in financial discrepancies and audit observations.

Improved financial transparency and reporting automation.

What We Offer

A senior leadership position with direct involvement in business strategy.

The opportunity to strengthen financial systems in a listed public limited company.

A professional environment with opportunities to contribute to business growth and expansion.

Compensation based on experience, qualifications, and suitability for the role.

Application Requirements

Interested candidates should share their updated CV along with

Current designation and organization

Total years of experience

Experience in Limited Company and listed-company compliance

Current CTC and exp