CFO – Multi-Business Group

Recruit AI

Published Date: • Lahore, Pakistan (On-Site)

Apply Now

Description

Recruit AI seeks a hands-on and commercially driven Chief Financial Officer (CFO) to lead the finance, taxation, audit, and controls functions across multiple business units. This leadership role demands a seasoned finance professional with at least eight years of experience managing financial operations in multi-unit or operational businesses such as restaurants, hospitality, manufacturing, chemicals, or livestock. The successful candidate will take immediate ownership of improving profitability and enforcing strong financial discipline within the restaurant and catering businesses. Additionally, establishing robust systems, financial reporting processes, and comprehensive controls across the entire group forms a critical component of this position. The CFO will manage a team of 20 skilled finance professionals and will be responsible for a broad spectrum of financial activities, including budgeting, forecasting, cash flow management, tax planning and compliance, audit coordination, and ERP implementation. This role requires a strategic thinker with excellent commercial acumen who can communicate clearly with company directors and various external stakeholders such as auditors, tax consultants, and legal advisors. A proactive approach, combined with analytical skills and the ability to drive process improvements, will be vital for success in this pivotal role.

Responsibilities

- Lead and oversee all financial management activities, including budgeting, cash flow forecasting, monthly management information system (MIS) reports, and dashboard creation to track unit-wise profitability.
- Monitor and analyze restaurant and catering business performance through outlet-wise profit and loss accounts, food cost, labor cost, and margin assessments.
- Identify sources of financial leakage such as wastage, pilferage, and unauthorized spending and implement controls to eliminate these risks.
- Manage corporate and personal tax planning, tax return filing, handling notices, assessments, and audits with Federal Board of Revenue (FBR), Provincial Revenue Authorities (PRA), and other government bodies.
- Coordinate internal and external audit processes and strengthen internal control mechanisms over procurement, inventory management, payments, and expenses to ensure compliance and risk mitigation.
- Supervise and guide accounting teams to standardize financial reporting, ensure accurate and timely monthly, quarterly, and annual financial statements, and lead the successful implementation and management of ERP and accounting software.
- Provide strategic financial advice to the company’s directors regarding investments, business expansion opportunities, feasibility studies, and budget variance reporting.
- Ensure strict adherence to Pakistan tax laws including income tax, sales tax, withholding tax, and provincial tax regulations while managing tax litigation and departmental proceedings.
- Oversee costing functions with a focus on inventory control and recipe/food costing methods to optimize profitability.
- Build and foster a culture of ownership, proactivity, and financial discipline within the finance department and across business units.
- Develop and improve financial processes, controls, and systems that support operational excellence and facilitate seamless financial management at the group level.

Experience

8 Years

Apply By

Required Skills

Nice to Have Skills