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CFO Jobs

The world’s fastest growing economy, India has seen a rapid expansion of its business sector in the past decade. Eased regulations, foreign investments, and growing government support for industry have largely aided this growth. The financial sector, in particular, is going through a phase of exponential growth.

The financial industry in India consists of the banking sector, capital markets, insurance sector and non-financial banking services (NBFCs) with mutual funds, co-operatives, and payment banks being the latest addition. The mutual fund industry, in particular, has seen a massive growth between April 2018 and August 2018, with an equity portfolio of USD 74.6 million. The Gross National Saving stood at 30% of the Gross Domestic Product of India in 2017, of which, more than 70% was invested in the finance sector resulting in rapid growth.

With a relaxation in regulations regarding foreign direct investment, the insurance sector has seen a plethora of foreign companies willing to invest in Indian businesses. The upcoming years could see joint ventures between Indian finance companies and foreign investors, likely to result in an increase in employment opportunities in the sector.

This expansion means the creation of new opportunities in the financial sector as companies will recruit heavily to oversee their expansion. Of prime importance here is the Chief Financial Officer (CFO) of an organization. As businesses continue to proliferate, CFO positions will be available in plenty.

Browse Through Attractive CFO Vacancies

In the near future, many new businesses in India will take birth. To lead their growth and keep track of finances, CFO vacancies will be in plenty. Already, we see CFO jobs offering attractive career prospects to skilled candidates.

According to Randstad’s Annual Salary survey (2016-17), a senior-level Budgeting professional’s CTC was recorded at INR 23.73 lac per annum in Pune, the highest in the country. A senior costing manager made INR 27.61 lac per annum in Hyderabad and a senior accounting professional made INR 25.91 lac per annum in Delhi-NCR in the same year. With increasing foreign investment and support from the government to businesses, there is a marked rise in the need to fulfil leadership roles. Naturally, CFO jobs are in great demand.

Randstad is India’s premier recruitment consultancy service. Combining a passion for people with years of expertise in the recruitment sector, we bring the best CFO vacancies to you, across different cities in the country. To begin a successful job hunt and land the right leadership role, choose Randstad and experience dedicated recruitment support.

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