Innoviti Payment Solutions - Finance Controller

Role and Responsibilities:

- The person will be responsible for all aspects of Financial Management including Accounting, Reporting and Budgets, as well as development of internal control policies & procedures surrounding Customer Invoicing & Settlement, Cost Accounting, Inventory, Audits & Compliances. Need to maintain impeccable standards of governance the company is known for in the industry.

- This role is the vehicle that will convert Innoviti's platform strategy to financial success through frameworks and initiatives that allow unfettered growth on a foundation of exemplary financial metrics and governance.

- The person would need to understand the various financial levers of Innoviti's SAAS business model like the back of their hand. How each lever affects growth, time, cost and competitive position.

- The person should be obsessed with tracking performance through data and proving what is working and what isn- t.

Key Responsibilities:

Finance & Accounting Operations

- Manage team of day to day operational finance and accounting involving:

- Revenue: Invoicing, A/R, Collections, Dunning, Settlements, Reporting etc.

- Opex: A/P, Advances, Cost Accounting, Inventory Accounting, Payroll Accounting, Fixed Assets etc.

- GL: Accounting Entries, Month Close, Reconciliations (Bank, Inventory, Statutory GL, Vendor, Customer etc.), Reporting etc.

- Ensuring smooth monthly & Quarterly closing of books with in the set timelines and analysis of Monthly P&L and Balance Sheet for management reporting. Also ensure timely & accurate investors reporting

- Prepares and provides financial statements, Debtors reports, Budget Vs. Actual analysis, Inventory Reports and other reports to management on a scheduled or unprompted basis

Internal Controls, Audit & Compliance: 

- Ensure robust controls across various financial / accounting related processes

- Responsible for Compliance of State / Central Government reporting requirements, tax filings and assessments. Get the compliance reports prepared & filed (Including but not limited to Direct/Indirect Tax, Employee Taxation, International Taxation, RBI etc.)

- Coordinate the preparation of the budget and financial forecasts and report variances

- Drive governance through adherence to business processes, accounting policies and compliance

- Responsible for Statutory, Internal Audits & reviews. Drive implementation of Internal Financial Controls (IFC) in the Company. Manage Internal Risk Control Matrix around Process / system controls