InterviewBit - Assistant Financial Controller

Assistant Financial Controller

Job Title: Associate Finance Controller

Location: Bangalore

Reporting to: Group Finance Controller

About Scaler:

Launched in 2019, Scaler is India's leading tech education company that upskills working professionals and educates aspiring engineering students. Scaler's industry-vetted curriculum provides solutions to real-world challenges addressing the changing dynamics of the technology industry through two flagship programs: Scaler Academy and Scaler DSML. Scaler believes in creating real-life impact by focusing on 'impact-driven' tech talent.

Enrolled learners are mentored and taught by leaders and subject-matter experts working with leading organizations, including MAANG companies. Scaler has generated enviable career outcomes in a short period, and on average, its learners see a 4.5x RoI (return on investment) and salary hike of approximately 126%. To further redefine tech education, Scaler has launched Scaler Neovarsity - an online university that offers an outcome-focused Master's Programme accredited with ECTS and Scaler School of Technology - a 4-year residential UG program in Computer Science.

Scaler Enterprise is its B2B arm that focuses on building relationships with domestic and global organizations to provide them with industry-ready talent. Over 900 companies have worked with Scaler for their tech recruitment needs. The startup's parent firm, InterviewBit, is featured on the Financial Times's Asia Pacific High Growth Companies 2021, 2022 and 2023 ranking. Valued at $710 million, Scaler is backed by marquee global investors like Peak XV Partners (formerly Sequoia Capital India), Tiger Global, and Lightrock India. It has expanded its footprints across India and the US.

What are we looking for:

Scaler Academy is looking for an Assistant Financial Controller to manage and improve our organization's financial and accounting operations. Duties for the financial controller will include managing accounting records, evaluating and managing risk, ensuring compliance with regulations, publishing financial statements, overseeing accounting operations, analyzing financial data, monitoring expenditure, forecasting revenue, coordinating auditing processes, and ensuring accuracy of financial information

Key Responsibilities:

- Managing accounting operations (Billing, Accounts Receivable, Accounts Payable, Vendor -Payments, General Ledger and Counsel, Cost Accounting, and Revenue Recognition)

- Assist with closing the books and sub-ledgers, including passing appropriate required adjustment entries and consolidating financials at the end of each accounting period

- Perform analysis of financial results and conclude the cause of variances such as accounting issues and economic events

- Prepare financial statements as per the requirements

- Handle regulatory reporting requirements to SEC, Federal Reserve, CFTC, UK FCA (AIFMD), etc.

- Safeguard the reputation of the firm by controlling and supporting the entity, as well as ensuring that they are in compliance with the firm's policies and with the rules/regulations/

- Managing the audit process and liaising with external personnel as required

- Managing tax compliance and coordinating with external tax consultants

- Preparing and publishing timely monthly financial reports.

- Cash flow management

- Development, implementation, and monitoring of internal controls.

- Handle reporting requirements to Senior Management

Qualifications, Skills, and Experience:

- Chartered Accountant with 4+ years of work experience (excluding articleship)

- Experience working with Big4 audit firms in audit departments or handling Big4 as auditors

- Experience working with fast-paced startups

Scaler in News:

- https://www.vccircle.com/sequoia-backed-scaler-academy-scoops-up-55-mn-at-valuation-of-710-mn

- https://www.thehindubusinessline.com/companies/scaler-eyes-to-turn-profitable-in-fy24/article67213077.ece

- https://economictimes.indiatimes.com/industry/services/education/scaler-launches-scaler-school-of-technology-a-four-year-residential-ug-program-in-computer-science/articleshow/99109738.cms?from=mdr