CA Nand Kishore Khandelwal , President - Corporate Resources & Chief Financial Officer, Pitti Engineering
The role of a finance leader has long proven to be an ever evolving one. In the aftermath of the pandemic, that evolution has gained a dramatic level of acceleration. The transformations around the digital ecosystem, the need for new operational & business strategies and optimization of resources are engendering paradigm shifts in the way people and business get work done. Given this fact, it’s fair to say that the role of a CFO has undergone sea change in the last couple of years alone, and they now constitute a crucial aspect of decision making and directly contribute to the growth of the organization. The latest McKinsey Global Survey on the role of the CFO supports this fact, mentioning that the finance leaders are deeply involved in determining how businesses adapt to the trends particularly in those places where finance and digital intersect.
It's Raining Challenges for CFOs
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After the stressful roller coaster ride of the yester two years due to the COVID-19 pandemic, organizations worldwide are pacing-up their efforts to return to more sustainable and predictable operating conditions. The stakes are high
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Top 10 Chief Financial Officers - 2022
Chief Financial Officer (CFO) is the senior executive in a company whose duty involves handling cash inflows and outflows in a company. CFO manages and controls all financial activities of a company. He/she drafts financial planning for the organization and propose corrective actions after analyzing financial strength and weakness of a company. A CFO's functions can be related to that of a controller who ensures the accuracy and authenticity of financial reports. The position is considered as an investment, and they face immense pressure to cut costs, grow revenue, and ensure control.
CFOs are expected to play diverse and challenging roles the traditional roles of steward by preserving the assets of the organization by minimizing risk and getting the books right, and operator by running a tight finance operation that is efficient and effective. It is important that a CFO should be a strategist and should play a major role in overall strategy and direction of the company. They are also expected to be a catalyst, i.e., they should stimulate and drive the timely execution of change in the finance function or the enterprise.
A CFO's responsibilities include building a top-notch finance & accounting team, ensuring the balance of revenues & expenses, overseeing FP&A (financial planning & analysis) functions, making recommendations on mergers & acquisitions, obtaining funding, working with department heads to analyze financial data, craft budgets, attesting to the accuracy of reports, and consulting with boards of directors & the CEO on strategy.
This issue of the CEO Insight magazine brings in to limelight a list of `Top 10 Chief Financial Officers - 2022' who have used their abilities and industry expertise in the growth of their respective organizations. The list has been crafted by a team of CEOs, VCs and the CEO Insights editorial board, thus delivering inspiring stories of their journey and the contributions & roles played by them in the creation & empowerment of a powerful nation.
Company Logo | Company Management | Company Name | Company Description |
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Chirag Mehta,CFO | Bharat Serums and Vaccines CHIRAG | Has a demonstrated history of leadership and working in the pharmaceuticals industry which ultimately helped him in catapulting the success of Bharat Serums and Vaccines |
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Kallol Kundu,Executive Vice President & Group CFO | The Oberoi Group | Has established himself as an industry leader by applying practical problem solving skills to his diverse academic background, contributing significantly to strategic objectives of businesses across industries |
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Krishan Gopal,Group CFO | DMI Group | A proactive financial leader with 17+ years of industry experience of working on various financial instruments and helping position organizations towards exponential growth |
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Madhan Mohan,CFO | JS Auto Cast Foundry India | A man of sincerity, he is a passionate leader who successfully manages huge teams and maintains relationship with the shareholders, apart from managing crucial financial functions of the company |
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Manish Kapoor,Chief Financial Officer | Hughes Systique | Following a company's financial performance and trajectory has always piqued Manish's attention, and given his aptitude for numbers, working in the finance vertical was a natural fit |
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CA Nand Kishore Khandelwal,President - Corporate Resources & Chief Financial Officer, Pitti Engineering | Pitti Engineering | A Chartered Accountant with about 30 years of rich experience across diverse industries like agro-based processing & Food FMCG, Aluminum Extrusion, Iron & Steel Castings and Engineering Products |
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Nisha Mittal,Chief Financial Officer | Ayurvet | Specializes in the areas of Finance Management, Financial Planning, Accounting, Policy Making and Compliances |
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Ravi Shankar,Chief Financial Officer | The Leela Palaces, Hotels and Resorts | Contributes to the organization's growth by strategic alignment of objectives & resources, analysis and interpretation of financial data, participating in key strategic decisions, identifying & mitigating risks, ensuring compliances and being one of the gatekeepers of ethical environment |
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VS Poornima,Chief Financial Officer | Principal | Has two decades of experience in the areas of Financial Operations, Management Reporting, Statutory Audits and Controlling Cost |
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Yash Arora,Chief Financial Officer | Indian Oil - Adani Gas | A seasoned finance professional with 28 years experience across diversified sectors creating value for all stakeholders |
Other Issues
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