The CFO Speak hosted by CNBC TV18 & Money control | JSL
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Jindal Stainless Newsflash

Group CFO participates in ‘The CFO Speak’ hosted by CNBC TV18 and Moneycontrol

April 20, 2021    


The CFO Speak: Unlocking Opportunities in Metal & Mining - Jindal Stainless

Jindal Stainless participated in an engaging virtual discussion hosted by Moneycontrol and CNBC TV18 titled ‘The CFO Speak: Unlocking Opportunities in Metal & Mining‘ on April 20, 2021. Group CFO, Mr Anurag Mantri deliberated on the topic ‘Re-inventing Finance: with Process, People & Technology’.

Mr Mantri mentioned that in today’s age, the CFO’s role is 80% strategic and 20% routine. It is no longer data gathering, but ‘datalytics’. He added that the CFO of today must be prepared to occupy the driver’s seat in business, and perform wide-ranging functions, right from risk management to sales and product mix.

“When COVID hit us last year and the cash reserves went dry, we switched from a 20% export strategy to an 80% export mix to maintain a healthy cash balance. Besides, we’ve been using data and technology to maximise return on capital employed; which remains as one of the major goals. The importance of data security across the organization can also not be undermined”, added Mr Mantri.