Chief Financial Officer

1 month ago

Thiruvananthapuram, India Wayvida Full time
Company Description

Wayvida is an innovative, all-in-one AI-powered Teaching and Learning Platform (SaaS and Marketplace). Wayvida enables educators and institutions to create, brand (white-label), and sell their courses seamlessly. Committed to redefining the future of education globally, Wayvida provides a comprehensive suite of features including live classes, recorded sessions, online tests and assessments, in-built sales and marketing automation tools, and AI-driven insights for personalized learning experiences.

Role Description

Wayvida is seeking a Chief Financial Officer (CFO) for a full-time, on-site role at its headquarters in Thiruvananthapuram, India. As a key member of the executive leadership team, the CFO will be responsible for the strategic and operational management of all financial activities. The role encompasses financial planning, budgeting, compliance, reporting, and advisory, with a focus on leveraging data-driven insights to optimize performance and drive growth. The ideal candidate will ensure sound financial stewardship and play a pivotal role in scaling Wayvida in the dynamic EdTech landscape.

Key Responsibilities
  1. Financial Strategy and Planning
  • Develop and implement financial strategies aligned with the company's goals.
  • Create long-term financial models to support strategic decision-making.
  • Manage financial risk, optimize capital structure, and ensure sufficient liquidity.
  1. Budgeting and Forecasting
  • Oversee the annual budgeting process, ensuring alignment with operational priorities.
  • Monitor budget performance and make recommendations for adjustments.
  • Provide accurate and timely forecasts to support decision-making.
  1. Financial Reporting and Compliance
  • Ensure the preparation and presentation of accurate financial statements in compliance with accounting standards and regulations.
  • Lead the preparation of reports for stakeholders, including board members and investors.
  • Ensure compliance with tax laws, corporate governance standards, and statutory regulations.
  1. Accounting and Financial Operations
  • Manage the company’s accounting functions, including accounts payable/receivable, payroll, and general ledger activities.
  • Implement and maintain robust internal financial controls and procedures.
  • Optimize accounting systems and tools to improve efficiency.
  1. Investor Relations and Fundraising
  • Collaborate with the CEO to manage investor relationships and fundraising activities.
  • Develop compelling financial presentations for current and potential investors.
  • Negotiate terms for equity or debt financing to support growth initiatives.
  1. Team Leadership and Collaboration
  • Lead, mentor, and develop the finance and accounting team to enhance productivity and professional growth.
  • Work closely with other department heads to align financial plans with operational objectives.
  • Foster a collaborative environment to streamline cross-functional workflows.
  1. Business Insights and Performance Monitoring
  • Leverage financial data analytics to identify growth opportunities and cost efficiencies.
  • Monitor key performance indicators (KPIs) and drive initiatives to improve them.
  • Provide strategic insights and financial advice to the leadership team.
Qualifications
  • Education: Bachelor’s or Master’s degree in Finance, Accounting, or a related field; CA, CFA, or MBA in Finance is preferred.
  • Experience:
  • 8+ years of experience in financial management, with at least 3 years in a senior leadership role.
  • Proven track record in a startup or high-growth company, preferably in the education or technology sector.
  • Technical Skills:
  • Expertise in financial planning, analysis, and reporting.
  • Proficiency in financial software, ERP systems, and advanced MS Excel.
  • In-depth knowledge of Indian accounting standards, tax regulations, and corporate governance.
  • Soft Skills:
  • Excellent analytical and problem-solving skills.
  • Strong leadership and team-building capabilities.
  • Outstanding communication and presentation skills to convey complex financial information to diverse stakeholders.
Why Join Wayvida?
  • Be a part of a mission-driven company revolutionizing the education sector globally.
  • Work in a collaborative, innovative environment that values creativity, growth and ownership.
  • Opportunity to shape the financial strategy of a high-growth EdTech startup.
Compensation Package

Wayvida offers a competitive compensation package designed to attract top-tier talent, including both fixed and performance-linked components. As an early-stage startup, the package is structured to reflect the candidate's expertise to perform in the ownership role while aligning with the company's early and growth stage

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