HyperVerge - Deputy Manager - Finance

Location: Bangalore

MISSION: Design cutting-edge Fintech AI solutions for HyperVerge's largest customers

HyperVerge is a deep tech AI company that provides identity verification solutions for companies in the BFSI, Crypto, Ed-tech, Telecom etc spaces. Our home grown AI powers large enterprises like Jio, SBI, Bajaj Finserv, etc, and startups like Cred, MPL, MoneyTap, ZestMoney, Kissht, etc. Our system has powered 600 million+ AI based automated ID checks so far. Our market leading Face Recognition AI technology is ranked among the top few globally and certified by the top standards like NIST and IBeta.

What do we do?

- If you meet someone online, verifying 'who they say they are' is a hard problem: From the Nigerian prince scams to email-imposters who claim to be company's CEO - the problem is ever evolving and growing along with internet's growth

- While most of us want to open bank accounts, get a sim card, or apply for a loan online - this convenience to users like us, comes at the cost of fraud attacks for these businesses

- Thus, building the identity infrastructure, for Internet scale is indeed a critical step to empower new-age businesses to grow

- While we've solved this challenge really well & validated the identities of 600 million customers until date, the landscape of frauds keep evolving

- How do we keep our products nimble, yet sophisticated to respond to emerging fraud patterns, all the while keeping the experience of end-user delightful - is a peek into the challenges we solve for

- Sitting in the intersection of AI, User experience, and evolving fraud patterns, building products to impact millions of customers across the world, is an exciting challenge to tackle!

Overview : It's a dynamic role with exposure and learning opportunities in end to end finance processes and finance strategy including but not limited to FP&A, Internal controls, Reporting and compliance, Business finance, Taxation.

1. Financial Planning and Budgeting:

- Develop comprehensive quarterly financial plans and budgets that align with the company's business goals.

- Forecast regularly future financial trends and provide insights to aid in decision-making.

- Monitor budgetary performance and provide regular reports to the leadership team.

2. Cash Flow Management:

- Manage cash flow effectively to ensure the startup has enough liquidity to operate and grow.

- Prepare and update the runway of the organization on a monthly basis to ensure sufficient capital is available for operations and highlighting concerns to the management for decision-making

- Implement strategies to optimize the cash conversion cycle, reducing the time it takes to turn services into cash

3. Business Finance :

- Conduct financial analysis to identify trends, opportunities, and potential risks

- Provide in-depth analysis of financial statements and metrics to guide strategic decisions

- Evaluate the financial impact of different business scenarios and provide recommendations

- Research on international taxes and advise the business on the same. Get expert opinion if required to close out the analysis.

4. Business Strategy Support:

- Collaborate with the leadership team to align financial goals with overall business strategy.

- Provide financial input during strategic planning sessions and other significant business decisions.

5. Financial reporting and compliance:

- Closely works with the Finance Head for various management reports, analysis, management meetings and other periodic deliverables on MIS.

- Communicate financial results and insights to the management team and stakeholders.

- Develop and maintain financial KPIs to measure the company's performance.

- Supports compliance and applicable financial reporting standards. Accountable for the annual audits including coordination with auditors, guiding accounting team and closing audits within stipulated time

6. Team Leadership and Development:

- Build and lead a high-performing finance team, providing mentorship and guidance.

- Foster a culture of financial responsibility and accountability within the organization.

- Invest in the professional development of team members to enhance their skills and knowledge.

7. Process setup and continuous improvement

- Developing, operationalizing & communicating organization-wide finance policies, procedures & processes across entities

- Continuously improve financial processes and systems to enhance efficiency and accuracy.

- Stay updated with the latest financial trends, technologies, and best practices.

Qualifications:

- CA ranker ( preferred)

- CA with at least 3 years of post qualification experience

- Articleship/Experience in a big 4/startup would be preferred.

- Prior experience in Business finance will be preferred.

- Excellent written and oral articulation

- Highly competent in working with cross functional teams.

- Has great analytical skills and an eye for attention to detail

- Has a positive attitude and keen to learn