CFO-Chief Financial Officer

Job Description: Chief Financial Officer (CFO)

Company: The Anugraha Group : Anugraha Agencies, Anugraha Construction Equipment, Southern

Optoelectronic Devices Pvt. Ltd. Location: Bangalore, Karnataka, India Reports to: Owners of The

Anugraha Group Employment Type: Full-time, on-site

About the Group

The Anugraha Group is a diversified, family-led business group headquartered in Bangalore, with three

operating companies: Anugraha Agencies (Canon printer and copier dealership), Anugraha Construction

Equipment (dealership for Komatsu, L&T, Mahindra & Mahindra and BKT Tyres across Karnataka), and

Southern Optoelectronic Devices Pvt. Ltd. (EMS and LED driver manufacturing).

Role Summary

We are looking for a seasoned CFO to own all finance and accounting activities across the three group

companies. You will run the finance function end to end, from day-to-day accounting and compliance to

treasury, financial planning and strategic decision support, and act as the principals key partner in

steering the group's growth, profitability and cash flow.

Key Responsibilities

1. Accounting and Financial Reporting

• Take full ownership of accounting for all three companies: general ledger, accounts payable and

receivable, fixed assets, inventory accounting, payroll accounting and cost accounting.

• Ensure timely monthly, quarterly and annual closes, with accurate management MIS for each

company and a consolidated group view.

• Prepare financial statements in compliance with Indian Accounting Standards (Ind AS / Indian

GAAP) and the Companies Act.

• Establish and maintain a strong chart of accounts, accounting policies and month-end processes

across the group.

• Manage inter-company transactions, reconciliations and related-party disclosures.

2. Taxation and Statutory Compliance

• Oversee GST, TDS/TCS, income tax, advance tax and transfer pricing compliance across all

entities.

• Manage statutory, tax and internal audits, and ensure timely, error-free filings.

• Handle ROC and Companies Act filings in coordination with company secretarial support.

• Lead tax planning and structuring to optimise the group's tax position within the law.

• Manage relationships with auditors, tax consultants, regulators and statutory authorities.

3. Treasury, Cash Flow and Working Capital

• Own cash flow forecasting and liquidity management for each company and the group as a

whole.

• Optimise working capital: receivables, payables, inventory and credit terms, particularly for the

dealership and manufacturing businesses.

• Manage banking relationships, credit facilities, cash credit/OD, term loans, LCs, bank guarantees

and OEM and dealer financing arrangements.

• Evaluate and arrange debt and equity financing as the group's needs evolve.

• Monitor covenant compliance and manage interest and foreign exchange risk, including importrelated

exposure.

4. Financial Planning, Analysis and Strategy

• Lead annual budgeting, forecasting and target-setting for each company, and track performance

against plan.

• Provide insight on profitability by business line, product, customer and branch; identify margin

and cost improvement opportunities.

• Support the principals on strategic decisions: new business lines, diversification, capital

expenditure, investments, asset and land decisions, and partnerships.

• Build financial models and business cases, and evaluate returns on investment.

• Present clear, decision-ready financial reports and dashboards to the principals and boards.

5. Internal Controls, Risk and Governance

• Design and enforce robust internal financial controls, approval matrices and SOPs across all

companies.

• Manage credit control policies, receivable risk and bad debt exposure.

• Identify financial, operational and compliance risks, and put mitigation measures in place.

• Ensure data integrity and fraud prevention, and oversee internal audit.

6. Systems, Team and Leadership

• Lead, mentor and build the finance and accounts team across all group companies, setting clear

roles, standards and accountability.

• Drive finance systems and automation (ERP/SAP or equivalent, reporting tools) to improve

accuracy, speed and visibility.

• Partner with the heads of each company, and with sales, operations, procurement, HR and IT, as

a business-minded finance leader.

• Safeguard confidentiality and act as a trusted adviser to the family principals.

Qualifications and Experience

• Chartered Accountant (CA) is mandatory; additional qualification such as CMA, CFA or MBA

(Finance) is a plus.

• 15+ years of post-qualification experience in finance and accounting, including at least 5 years

in a CFO, Vice President Finance, Finance Head or similar senior leadership role.

• Proven experience managing finance across multiple entities or a group of companies, ideally

spanning trading/dealership and manufacturing businesses.

• Experience in a family-owned or promoter-led business environment is highly desirable.

Required Skills

• Deep expertise in Indian accounting standards, GST, direct taxation, Companies Act and

statutory audit.

• Strong command of treasury, working capital management, bank financing and credit

negotiations.

• Strong financial modelling, analytical and business-partnering skills, with commercial judgement.

• Hands-on experience with ERP systems (SAP or equivalent) and MIS/BI tools; advanced Excel.

• Proven ability to build processes and controls, and to lead and develop finance teams.

• Excellent communication and stakeholder management, comfortable advising senior leadership

and engaging with banks, OEMs and auditors.

• High integrity, discretion and a hands-on, ownership-driven mindset.

• Proficiency in English; knowledge of Kannada and/or Hindi is an advantage.

Key Performance Indicators

• Timeliness and accuracy of monthly closes and MIS for each company and the group

• 100% statutory and tax compliance with clean audit outcomes

• Cash flow predictability, reduction in working capital days and cost of borrowing

• Budget vs. actual variance and margin improvement

• Strength of internal controls and reduction in audit observations

• Finance systems implementation and team capability

What We Offer

• A top leadership role with direct access to the group's principals and a seat at the strategy table

• The opportunity to build and professionalise the finance function of a diversified, growing group

• Competitive compensation in line with experience and seniority

The Anugraha Group is an equal opportunity employer.