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Sr. Finance Manager

1 month ago

Indore, India BimaKavach Full time

Who we are

BimaKavach is revolutionizing commercial insurance for Indian businesses, offering innovative, tech-driven solutions that simplify coverage and accelerate policy delivery. 


As a leader in liability and commercial insurance, we are scaling rapidly with a growing portfolio of businesses across the country. Backed by prominent investors - Waterbridge, Blume, Arali and Eximius - we’re on a mission to insure every Indian business by 2047. Join us to reshape the future of SME/Commercial insurance, leverage your expertise to drive product innovation, and play a pivotal role in transforming an underserved market.


Backed by prominent investors such as Waterbridge, Blume, Arali, and Eximus, we currently serve over 3,500 companies, including notable names like BSNL, Daikin, Clevertap, etc.


What are we looking for 

We are seeking an experienced and detail-oriented Senior Finance Manager to oversee the financial health of our organization. This role involves managing financial planning, budgeting, and reporting while ensuring compliance with legal and regulatory standards. The ideal candidate will have strong analytical skills, leadership capabilities, and a proactive approach to financial management.


What you will do:

  • Develop and monitor budgets, forecasts, and financial strategies to support business goals.
  • Prepare accurate financial reports, including monthly, quarterly, and annual statements, for management review.
  • Ensure adherence to financial regulations, IRDA compliance, tax laws, and corporate policies.
  • Monitor cash flow, optimize working capital, and manage investments to ensure liquidity while optimizing revenue operations for timely cash inflows.
  • Lead, mentor, and develop the finance team to promote efficiency and accountability.
  • Identify and mitigate financial risks by implementing strong internal controls.
  • Partner with various departments to provide financial insights, optimize operational processes, and drive cost optimization.
  • Manage internal and external audits, ensuring timely resolution of issues.


Qualifications and Requirements:

  • Bachelor’s degree in Finance, Accounting, or a related field; CPA, CMA, or MBA preferred.
  • 5+ years of experience in financial management or a similar role and recent experience at an Insurance broking firm 
  • Proficiency in financial software and advanced Excel skills.
  • Strong knowledge of accounting principles, tax regulations, and financial reporting standards.
  • Excellent analytical, problem-solving, and communication skills.
  • Leadership experience with a proven ability to manage and motivate a team.