Our small team of engineers and designers have been building smart kitchen appliances for the past couple of years and are at the cusp of our global launch. This imminent launch, however, is only the beginning. To ensure we continue to build and ship product that most empower our users to cook at home with minimal time, effort & skill, our team is looking for a master of coin to make sure the financial health of the company is well planned and secured. You will be the first person of our finance team and will have the unique opportunity to setup processes, hire and grow along with the company to lead the entire finance function. If you love good home-cooked food and are excited about building an automated solution for the entire cooking process, then this is the place for you! About Us: At Futuristic Labs, we are set out to solve home cooking and are working towards building a fully automatic kitchen solution. On our journey our shippable intermediaries are: - Riku: our flagship product, is a fully automatic, AI-assisted rice and curry maker which brings down the hands on time of cooking at home to 5-10min saving ~700hrs/year. - Semi: A smart induction cooktop, your perfect kitchen assistant helping you every step of the way. - A digital kitchen mobile app: A single place to manage your kitchen. - A Web platform: For creators to onboard recipes. We at Futuristic Labs are working at the intersection of the software, hardware, and food :P. Our Webpages: http://futuristiclabs.io/ http://getriku.com http://cookwithsemi.com Recognitions: https://www.red-dot.org/project/riku-54121 What you will be doing: Own: - The entire finance function of the company which includes Financial Planning & Analysis (FP&A), AR, AP, Taxation (direct & indirect taxes), statutory compliance, revenue operations, Risk Analysis, Payroll & Purchasing. - Establishment and maintaining the financial policies and procedures for the company. Communicate: - Preparing concise documents, tailored to various levels of stakeholders to articulate complex finance issues clearly and enable effective collaboration. Financial Modelling: - Build financial models for our digital products(Mobile App & Platform) as well as our hardware products(Riku & Semi). - Analyse and report optimal revenue metrics. - Identify and propose additional revenue streams. Fundraising: - Assist the CEO in fund raising with valuation, TAM, SAM & SOM & revenue projections. Compensation Planning: - Assist the CEO in setting up the Employee Stock Option Pool(ESOP's). - Advise on innovative compensation structures to attract and retain top talent. Cost Centers: - Establish cost centers across the company. - Prepare periodic reports and share with the respective owners. - Advise the CEO with forecasts across centers to analyze operations, costs and/or expenses to support overall decisions regarding margins and other business objectives. Reporting: - Monitor and analyze accounting data and produce financial reports or statements - monthly, quarterly and annual. - Working closely with the CEO in preparation of budget forecast, review actuals and execute budgetary controls and prepare monthly budget vs. actual analysis, margins and ROI. - Risk Analysis - Market Trend Reports Business Initiatives: - Set up processes and strategies to have an effective cash flow - Identify operational improvement opportunities and drive implementation. Compliance: - Ensuring compliance to applicable Indian accounting framework and direct/ indirect tax laws including monthly/quarterly/annual filings (TDS, GST, Income tax, Advance tax) - Labour law compliances ( Shops and Establishments, PF, PT, ESI, Gratuity, etc.,) Payroll: - Process Payroll and Reimbursements Purchasing: - Handle Bank accounts and Process Vendor payments Bookkeeping & Accounting: - Setup best practices for bookkeeping & accounting. - Establish and maintain fiscal files and records to document transactions - Working on managing bank reconciliation - BRS, Handling Petty cash, and maintaining trackers - Day-to-day accounting, books closure Monthly/Quarterly/Yearly. - Verification of GSTR Input tax credits with GSTR 2A and timely follow-ups with vendors. - Income tax / GST Departmental visits if needed. - Maintain Asset Register What we think you will need to succed: - Degree: CA / ICWA / Post Graduate / MBA Finance - Minimum 3-4 years experience in a finance manager role, bonus if in a consumer electronics company. - Demonstrated experience in Tax/TDS/Tax returns, Auditing, Financial Management & Asset Management. - Must be conversant and experienced in GST regulations. - Experience in Payroll management. - Strong understanding of end-to-end reporting and control processes - Excellent analytical, interpersonal, communication and influencing skills - Ability to summarize complex information and deliver it at business executive level - Self-motivated and willing to take initiative; ability to thrive in a changing work environment

Hyderabad

Futuristic Labs - Finance Manager 

Job Description for Futuristic Labs - Finance Manager  in Futuristic Labs in  Hyderabad for (3-7) years of experience. Apply Now!