ABOUT THE COMPANY:

We are a Bangalore based B2B Company working in last mile logistics space. Our clients include corporates in the space of hospitals, Real estate etc.

We are Series B funded, and are backed by institutional investors.

POSITION:

This is a leadership level role with complete ownership, responsibility and accountability of the finance department. We are looking for a Finance Professional who has a minimum of 12 years of experience in Finance with 6 years of experience as CFO / Head Finance of an organization. This role covers all of the standard finance functions including overall day-to-day financial operations, regulatory compliance, budgeting and planning, stakeholder management, corporate strategy, and corporate governance. This role is located in Bangalore.

RESPONSIBILITIES:

1) Finance Operations

a) Books and Controller

- Ensure books of accounts are representative of the affairs of the Company and are kept in accordance with applicable accounting standards & policies

- Document and maintain the system of accounting policies, procedures, and operating manuals

- Preparation of all financial reporting materials and metrics for internal reporting, MIS for Board of Directors and Auditors

- Coordinate with Big 4 Auditors for statutory, internal, concurrent, systems audits of the Company including direct and indirect tax related returns and assessments

b) Taxation

- Set up processes to ensure accurate calculation of all direct and indirect tax liabilities, and all statutory requirements such as deductions are being followed and properly accounted for

- Manage correct and on-time payments for all statutory obligations

c) Internal Controls

- Ensure that proper internal checks and controls are in place and are being followed across critical Finance and HR processes such as vendor payments, offer release to candidates, etc.

d) Billing & Collections

- Manage the billing process globally as per applicable laws in the applicable geography

- Manage collections from clients across the world as per applicable international taxation requirements, differing payment mechanisms and contractual obligations.

e) Treasury Operations

- Oversee cash flows and treasury to ensure liquidity requirements.

- Design treasury keeping key shareholders in loop. Manage regular treasury operations and provide regular reporting to internal team and board.

f) Budgeting & Planning

- Partner with the HODs on all related operational and strategic issues as they arise; provide strategic recommendations based on financial analysis and projections, cost benefit analysis, statutory and legal basis

- Long-term budgetary planning and cost management in alignment with company's strategic plan.

- Engage the operations and control team to align financial management with short- and long-term financial planning and projections.

g) Procurement

- Assess procurement requirements raised by internal teams and assist them in identifying and evaluating appropriate vendors for the same

- Develop and maintain a process for managing vendors on an on-going basis, and for identifying the need for changing them

2) Regulatory

- Ensure the Company is fully discharging its duties towards all applicable compliances

- Develop deep understanding of the regulatory landscape. Assess the impact of all relevant changes to regulatory requirements and develop policies and procedures to ensure company is fully compliant.

- Ensure that the all corporate and secretarial activities are performed according to the SS1 standard

3) Legal

- Manage the legal controller function, which includes ensuring legal compliance across the Company

- Providing legal support and advice/guidance to business teams, including enquiries on contractual obligations

- Review all contractual documents prior to execution, including checking any specific requirements in case of international contracts

- Ensure that the Company is protected through Copyright, Trademark and Patent registration, and implement safeguard mechanisms to protect comapny's IP

4) Stakeholders management & Corporate Governance

a) Board and Shareholders

- Reviewing the preparation of monthly MIS to be reported to the Board of company

- Reviewing the preparation of all presentation materials including notices, agenda papers, presentations and minutes of Board Meetings

- Reviewing the preparation of and reviewing the Annual Updates for Shareholders of the Company

- Responding to queries raised by the Board or Shareholders of the Company

b) Corporate Governance

- Implementation of Corporate Governance framework for the Company with zero tolerance of any non-compliance which may have risk of monetary penalties and prosecution to Directors/Officer in default

- Ensuring that the Company, its Directors and the Management are sufficiently covered against all types of risk and litigation

- Ensuring that the Company and Management are aware of all potential risks and their impact on the Company, including those arising from legal & regulatory changes, and taking adequate measures to mitigate such risks

5) Corporate Strategy

a) Fund Raise

- Initiate the funding activity with potential investors by negotiating and signing a Term Sheet

- Assist investors in performing diligence on the Company, including preparation of Data Room

- Coordinate with company's legal counsel for drafting and negotiating the contractual documents for investment, and safeguard the rights of the Company, Founders, and existing Investors

- Ensure completion of all applicable CPs, including coordination with the Board and Shareholders for all necessary approvals, and complete the closure activities

- Ensure all pre and post funding compliances are met

b) M&A Activities

- Provide strategic inputs on potential M&A activities including structuring the transactions and identifying the best approach to maximize the value of the transaction

c) Future IPO

- Develop a proper understanding of the IPO requirements in both the Indian and US markets

- Ensure that the Company performs all current activities and any additional necessary ones in compliance to these requirements

6) Team Management

- Manage all functions rolling up to the VP of Finance, including Financial Operations, Statutory Obligations, Company Secretary and Legal

- Have ownership of managing the organizational structure within the Finance Department

- Design robust processes for all the activities conducted with the Finance Department and implement them within the team

- Identify hiring requirements in the Finance Department, design the assessment process for hiring the right candidates and coordinate with the Recruitments department to ensure the position is filled in a timely manner

- Conduct 1-on-1s with direct reportees on a daily basis. Provide mentorship and constructive feedback on the approach, quality and throughput of the final output of all work done by the reportees

- Responsible for performance management and compliance of processes within the team including appraisals, monthly ratings, discipline, etc.

REQUIREMENT:

- Chartered Accountant

- 12-18 years work experience

- Must have been CFO / Head Finance of an organization for 6+ years

- Direct experience of financial controller, FP&A exposure, and managing compliances

- Must have managed at least 5 direct reports

- Experience of working with Big4 Auditors

- A collaborative and flexible style, with a strong service mentality

- A team player and hands-on manager with integrity and a desire to work in a dynamic, merit oriented environment

- Willing to take feedback and adopt it in their work

- Effective communicator, with strong oral and written skills

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