Chief Financial Officer

Website: shrimaa.com
Job details:

𝗖𝗼𝗺𝗽𝗮𝗻𝘆 𝗢𝘃𝗲𝗿𝘃𝗶𝗲𝘄: 

SMG is one of India’s leading commodity trading houses established in 1997. It is a diversified conglomerate with a strong presence across multiple sectors, including Smartphones, Telecom, FMCG, Pharmaceuticals, and Polymers. SMG also launched OYU Green in 2022 - a sustainability-focused initiative dedicated to developing carbon and plastic offset projects that contribute to global climate action.

SMG provides its employees with an environment that encourages initiative, learning, and long-term career development. If you are passionate about making an impact and want to be part of a dynamic, growth-driven organization, SMG is the ideal place for you.

𝗝𝗼𝗯 𝗥𝗼𝗹𝗲: 

The CFO is responsible for financial leadership, governance, and strategic decision-making in a high-volume, margin-sensitive sales and distribution environment. The role focuses on working capital optimization, revenue assurance, pricing strategy, channel profitability, compliance, and risk management, while supporting business growth and scalability.

𝗘𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲 𝗥𝗲𝗾𝘂𝗶𝗿𝗲𝗱: 12-15 years

𝗤𝘂𝗮𝗹𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻: Chartered Accountant/CMA/MBA (Finance)

𝗟𝗼𝗰𝗮𝘁𝗶𝗼𝗻: Bhopal, Madhya Pradesh, India

𝗥𝗼𝗹𝗲 𝗮𝗻𝗱 𝗥𝗲𝘀𝗽𝗼𝗻𝘀𝗶𝗯𝗶𝗹𝗶𝘁𝗶𝗲𝘀: 

𝟭. 𝗔𝗰𝗰𝗼𝘂𝗻𝘁𝗶𝗻𝗴 & 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝘀

 • Oversee day-to-day accounting, bookkeeping, and finalization of accounts, including monthly and yearly closures.

 • Maintain accuracy of ledgers, provisions, accruals, and reconciliations.

 • Ensure proper documentation and record-keeping across transactions.

𝟮. 𝗥𝗲𝘃𝗲𝗻𝘂𝗲, 𝗕𝗶𝗹𝗹𝗶𝗻𝗴 & 𝗖𝗼𝗹𝗹𝗲𝗰𝘁𝗶𝗼𝗻𝘀

 • Ensure accurate invoice, revenue recognition, and credit notes.

 • Monitor customer/distributor outstanding balances and aging.

 • Follow up on collections and overdue payments with sales/admin teams.

 • Control discounts, schemes, rebates, and claims processing.

𝟯. 𝗪𝗼𝗿𝗸𝗶𝗻𝗴 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 & 𝗖𝗮𝘀𝗵 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁

 • Manage daily cash flow, bank balances, and fund utilization to ensure sufficient liquidity for routine operations and expenses.

 • Control receivables, inventory levels, and payables.

 • Monitor credit limits and block dispatches for overdue customers when required.

𝟰. 𝗖𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲, 𝗧𝗮𝘅𝗮𝘁𝗶𝗼𝗻 & 𝗙𝗶𝗹𝗶𝗻𝗴𝘀

 • Ensure timely compliance with GST, Income Tax, TDS, and other statutory requirements.

 • Prepare and file returns accurately and on time.

 • Coordinate with consultants for assessments, notices, and reconciliations.

 • Maintain compliance records and audit documentation.

𝟱. 𝗠𝗜𝗦, 𝗥𝗲𝗽𝗼𝗿𝘁𝗶𝗻𝗴 & 𝗢𝘄𝗻𝗲𝗿 𝗨𝗽𝗱𝗮𝘁𝗲𝘀

 • Prepare regular MIS reports for promoters including Sales, collections, outstanding, inventory, expenses, and cash position

 • Track budget vs actual expenses (where budgets exist).

 • Highlight exceptions, delays, and issues requiring promoter intervention.

 • Ensure data accuracy before sharing reports with owners.

𝟲. 𝗖𝗼𝘀𝘁 𝗖𝗼𝗻𝘁𝗿𝗼𝗹 & 𝗘𝘅𝗽𝗲𝗻𝘀𝗲 𝗠𝗼𝗻𝗶𝘁𝗼𝗿𝗶𝗻𝗴

 • Scrutinize all major expenses for correctness and authorization.

 • Verify vendor bills, freight claims, warehousing charges, and overheads.

 • Control employee reimbursements, petty cash, and administrative costs.

 • Identify cost leakages and implement corrective actions.

𝟳. 𝗕𝗮𝗻𝗸𝗶𝗻𝗴, 𝗣𝗮𝘆𝗺𝗲𝗻𝘁𝘀 & 𝗗𝗼𝗰𝘂𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻

 • Handle banking operations including payments, receipts, and reconciliations.

 • Manage working capital facilities, LC/BG documentation (if applicable).

 • Coordinate with banks for renewals, statements, and compliance requirements.

𝟴. 𝗔𝘂𝗱𝗶𝘁 𝗖𝗼𝗼𝗿𝗱𝗶𝗻𝗮𝘁𝗶𝗼𝗻 & 𝗜𝗻𝘁𝗲𝗿𝗻𝗮𝗹 𝗖𝗼𝗻𝘁𝗿𝗼𝗹𝘀

 • Coordinate statutory, tax, and internal audits and ensure timely closure of audit observations.

 • Implement basic internal controls and approval mechanisms.

 • Strengthen stock reconciliation, claims verification, and authorization processes.

𝟵. 𝗧𝗲𝗮𝗺 𝗦𝘂𝗽𝗲𝗿𝘃𝗶𝘀𝗶𝗼𝗻 & 𝗦𝘆𝘀𝘁𝗲𝗺𝘀

 • Supervise accounts, finance, and admin staff.

 • Allocate work, review outputs, and ensure deadlines are met.

 • Improve process efficiency through system usage (Tally / ERP / Excel).

 • Ensure data integrity across accounting and operational systems.

𝗥𝗲𝗾𝘂𝗶𝗿𝗲𝗱 𝗦𝗸𝗶𝗹𝗹𝘀 & 𝗖𝗼𝗺𝗽𝗲𝘁𝗲𝗻𝗰𝗶𝗲𝘀: 

 • Strong exposure to: Accounts finalization, GST and direct tax compliance, Working capital and cash management, Experience in family-managed / SME / trading / distribution / manufacturing businesses preferred

 • Strategic financial leadership

 • Commercial acumen in sales environments

 • Strong analytical & MIS skills

 • Stakeholder management

 • Risk & compliance expertise

 • High integrity and governance focus

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