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LANCER CONTAINER LINES LTD

Chief Financial Officer

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  • 5 months ago
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Job Description

Lancer Container Lines Ltd is a BSE listed Company engaged in providing logistic services including NVOCC, Shipping, International freight forwarding, Container Trading, provision of yards for storage of empty containers, inland transport services etc., The Company provide all the above services on a worldwide basis and aim to emerge as a global logistics solution provider. The company owns standardized shipping Containers which are deployed in various global locations. Lancer's registered office is located at Mumbai and have several branches in India and wide network of agents in Gulf, Upper Gulf, Far East and other Continents.

Role : Chief Financial Officer (CFO)

Qualification: Qualified Chartered Accountant or Equivalent

Experience: 5-7years experience post CA qualification

Remuneration: As per market standards & based on the candidate's experience and previous pay scale.

Job Location: CBD Belapur, Navi Mumbai

Office Timing: Monday - Friday 10.00 am to 6.30 pm

Responsibilities:

An ideal candidate will be responsible for building models, analyzing data, and preparing statements to reconcile income with expenses to keep track of the company's earnings and projected cash flow. Experience of handling end to end finance function of the subsidiary company of a Mid large corporate.

Understanding Financial Reporting & Compliance, Controllership and Business Finance. As Chief Financial Officer, the responsibilities will include overseeing end-to-end finance operations, tax compliances, financial planning and analysis, regulatory compliances, risk management and business finance while looking to make improvements to procedures and controls. Candidate will be a leader who will not only manage the overall finance function of the Company but will also be coordinating with group-level finance and tax teams for various reporting's and compliances.

Role & Duties:

Accounting Statement Preparation:Finalization of Accounts, Preparation of P&L Statements, Balance sheet and Cash flow statements as per accounting standard and presentation as per regulatory requirements, Inter Company reconciliation on monthly basis.

MIS Reporting: Ensure preparation and presentation of financial reports to senior management, group and stakeholders in timely manner in line with Group's policy & practice. Establishing financial systems and accounting controls to reduce financial risk. Establish financial plans and forecasts for all profit and cost centers of the company.

Budgeting:Revenue & Capital Budgeting including Long Term financial planning. Formulating and implementing MIS to enable the senior management to take key business decisions. Ensured adherence to company's business plans by effectively coordinating with various departments against actual performance.

Compliance Management: Ensure compliance with all relevant financial and regulatory requirements, including taxation, GST, accounting standards, FEMA.

Audit Management: Coordinate and oversee external & internal audits, liaising with auditors to ensure accurate and timely completion of audits. Dealing with Statutory Auditors for audits of entities and Tax Compliances.

Financial Risk Management: Identify and mitigate financial risks, implementing effective controls and risk management strategies.

Adherence to Group Policies & Practice: Work closely with the Group and ensure Finance processes, reporting's are in line with the Group requirement.

Liquidity Management: Managing and overseeing the cash flow of the company and ensuring it has the appropriate treasury controls.

Business Operations & Partnering: Closely work with the business function right from Order to Cash and Procure to Pay and ability to solve the problems to ensure smooth business operations.

Commercial Discussion and Negotiation: Engage in commercial discussion and negotiation based on business requirements.

Payroll & Compliance: Manage the payroll processes and ensure timely disbursement and compliance.

Team Leadership: Manage and lead a finance team, providing guidance and mentoring to ensure high performance and professional development.

Legal & Regulatory: Ensure compliance of all applicable laws and regulations affecting the Companies, including statutory reporting, taxation, corporate governance and commercial laws., Dealing with matters related to Direct & Indirect Taxes - Income Tax, GST etc.

Banking & Treasury: Fund Management - Term loan and Working capital management. Daily Cash Flow planning and investment of surplus funds with banks at competitive rate of interest and as per policy of the organization. Managing foreign remittances-inward and outward.

More Info

Industry:Other

Function:Shipping

Job Type:Permanent Job

Date Posted: 14/06/2024

Job ID: 81719343

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