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16/11 Shambhavi Kumar
HRBP at JSW

Views:2175 Applications:259 Rec. Actions:Recruiter Actions:234

JSW Ventures - Financial Controller - CA/CS (5-10 yrs)

Mumbai Job Code: 765334

About JSW Ventures

JSW Ventures is an early-stage tech focused Venture Capital fund based in Mumbai.

- We believe that technology drives innovation and innovation creates the future. We are enthusiastic about disruptive trends led by technology that are shaping the way businesses and customers consume products and services and interact with each other. The select pool of high quality entrepreneurial talent coupled with the capacity to transform existing systems and processes is driving the growth in this space.

- We invest in businesses developing solutions (products / services) for solving problems in large and high growth markets. We support the dreams of passionate entrepreneurs using technology to build scalable, capital efficient businesses. The sectors of interest include SaaS, mobile, enterprise software, fintech, AI, ML, marketplaces, edutech and healthtech.

- We extend our partnership not just through capital but a commitment to build exceptional companies. Leveraging our core strengths, we actively support and add value to our companies through but not limited to developing growth strategies, improving financial functions, providing access to investor community and support from extensive JSW group resources.

Key Result Areas

- Prepare and manage the accounts of the fund entities in Tally

- Responsible for verifying all revenue receipts, investor contributions and expenses

- Match the interest earned and cash flows of the entities vis-A-vis the bank accounts

- Prepare monthly MIS for review and reporting

- Prepare quarterly and annual budgets for the fund entities

- Prepare and file all monthly/quarterly/ annual financial and performance reports

- Enhance operational and financial performance reporting within the organization

- Be responsible for all direct and indirect tax computations, deductions, filings and reporting

- Be thorough with Indian GAAP, IFRS, and latest accounting and tax provisions, including Transfer Pricing, Related Party transactions, etc.

- Be the single point of contact for internal as well as external auditors

- Lead the audit process and ensure timely completion of accurate reports

- All the reports should adhere to Accounting Standards, rules & regulations, policy & procedures

- Highlight financial risk & opportunity from reporting and propose solution

- Work with fund's portfolio companies on setting up IFCs, processes and ensure they adhere to highest standards of reporting

- Work with portfolio companies on setting up standards for monthly MIS and business reporting and review and analyse these for performance monitoring and improvement

- Work with the fund's investment team in analyzing potential investment opportunities, including financial, business and valuation analysis

Duties & Responsibilities :

Management :

- Maintain and enforce a documented system of accounting policies and procedures

- Manage outsourced functions, including liaisoning with tax and compliance consultants

- Manage control systems, transaction-processing operations, and policies and procedures

Transactions:

- Ensure that accounts payable are paid in a timely manner

- Ensure that all reasonable discounts are taken on accounts payable

- Ensure that accounts receivable are collected promptly

- Process payroll in a timely manner

- Ensure that periodic bank reconciliations are completed

- Maintain the books of accounts

- Maintain an orderly filing system

- Maintain a system of controls over accounting transactions

Reporting:

- Issue timely and complete financial statements

- Coordinate the preparation of the annual report

- Recommend benchmarks against which to measure the performance of company operations

- Calculate and issue financial and operating metrics

- Calculate variances from the budget and report significant issues to management

- Provide for a system of management cost reports

- Provide financial analyses as needed

Compliance :

- Coordinate the provision of information to external auditors for the annual audit and to the internal auditors for periodic audit

- Ensure compliance with SEBI, RBI and other applicable regulatory authorities

- Comply with local, state, and Central government reporting requirements and tax filings

Educational Background:

First attempt CA & CS is mandatory, additionally, a Master's degree in accounting, business, economics, finance, or a related field is preferable.

Work Experience :

The controller should have experience of having worked in the F&A function of a leading company, or preferably of a PE/VC fund with 5 years of progressively responsible experience

Key Competencies / Skills:

- Accounting, finance and taxation

- Strong knowledge of Indian GAAP and IFRS

- Outstanding mathematical and Excel skills

- Honesty, integrity, reliability

- Solid written and verbal communication skills, high attention to detail

- Critical thinking and problem-solving skills

- Research and analytical skills

- Understanding of data privacy standards

(Posted by Shambhavi Kumar - Human Resources Business Partner)

Women-friendly workplace:

Maternity and Paternity Benefits

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