Roles & Responsibilities:
- Strategic Financial Planning: Support in building financial strategy through research that aligns with the company's goals and objectives. Provide financial insight and recommendations to the CEO and senior management team.
- Budgeting and Forecasting: Lead the annual budgeting process and manage monthly and quarterly financial forecasting. Monitor financial performance against the budget and provide regular updates to stakeholders.
- Financial Reporting: Oversee the preparation and presentation of financial statements, including income statements, balance sheets, and cash flow statements, Dashboards and Automation. Ensure compliance with accounting standards and regulatory requirements.
- Cash Flow Management: Monitor and manage the company's cash flow, ensuring sufficient liquidity to meet operational needs and strategic investments.
- AP & AR: Proficiency in managing Accounts Receivable (AR) and Accounts Payable (AP) processes & Taxation ensuring accurate recording, timely reconciliation, and effective communication with vendors and clients
- Statutory Compliances & Taxation: Proficiency in managing Taxation & Statutory filing.
- Cost Management: Identify opportunities for cost reduction and efficiency improvements. Implement and monitor cost control measures.
- Revenue Recognition: Ensure accurate and timely revenue recognition in accordance with applicable accounting standards.
- Financial Analysis: Conduct financial analysis to support decision-making, including profitability analysis, ROI calculations, and financial modelling.
- Risk Management: Identify financial risks and develop mitigation strategies. Ensure appropriate insurance coverage and risk management policies are in place.
- Investor Relations: Manage relationships with investors, banks, and other financial stakeholders. Prepare and present financial information to investors and board members.
- Team Leadership: Lead and mentor the finance team, fostering a culture of continuous improvement and professional development. Ensure the team has the resources and support needed to succeed.
RequirementsQualification & Experience:
- Bachelor's degree in finance, accounting, or a related field + full time MBA or M.Com.
- Minimum of 12 years of experience in finance, with at least 3 years in a leadership role within the IT SaaS industry (Cloud Industry preferred)
- One who has handled financial role where processes and practices were implemented
- Experience in understanding foreign market business
- Proficiency in financial management software, ERP systems, and advanced Excel skills. Knowledge of SaaS metrics and revenue recognition principles.
- Complete understanding of the customer invoicing process.
- Strong leadership and team management skills. Ability to inspire and motivate the finance team.
- Excellent analytical and problem-solving skills. Ability to interpret complex financial data and provide actionable insights.
- Strong verbal and written communication skills. Ability to present financial information clearly and concisely to non-financial stakeholders.
- Ability to build strong relationships with internal and external stakeholders. Collaborative and team-oriented approach.
- High level of accuracy and attention to detail in financial reporting and analysis.