Director of Finance/ Head of Finance

1 month ago

Bengaluru, India Benchire Full time

Overview of the Position

• We are looking for someone who will play a critical role in managing the overall financial

health of the company and take us to the next level in terms of quality of reporting. The

person will be responsible for overseeing all accounting activities, financial reporting,

budgeting, and compliance along with equity and debt fundraising.

• The ideal candidate should have a strong background in accounting, a deep

understanding of financial regulations and the ability to provide strategic financial insights

to support our business growth

• Qualification: CA with 10-12 years of post-qualification experience, including 2-3 years

as HOD in a startup or a D2C environment

• Qualities: Leadership and team management skills, ability to inspire and motivate the team,

detail-oriented, organized and ability to strategize and solve problems, excellent communication

and people skills and an analytical mind who is comfortable with numbers


Primary Responsibilities

• Financial Management and Planning: Manage and oversee the day-to-day financial

operations of the company, including accounts payable, accounts receivable, general ledger and

expenses, and payroll.

Prepare and implement relevant SOPs to automate and increase accountability in the overall

process.

Set up and oversee the company’s finance IT systems

• Financial Reporting: Prepare accurate and timely financial statements, balance sheets,

income statements, and cash flow statements. Provide regular financial reports to senior

management and

stakeholders.

• Budgeting and Forecasting: Collaborate with cross-functional teams (especially

operations, product, channel teams) to develop and monitor annual budgets and forecasts.

Provide insights on budget allocation and financial performance to support strategic

decision-making

• Tax and Regulatory Compliance: Ensure compliance with all relevant tax laws,

regulations, and reporting requirements. Coordinate with external auditors and tax

advisors as needed

• Internal Controls: Implement and maintain strong internal controls to safeguard

company assets, prevent fraud, and ensure accurate financial data

• Cash Management: Monitor cash flow, manage working capital, and optimize cash

resources for efficient business operations. Ensure cash flow is appropriate for the

organization’s operations

• Financial Analysis: Conduct in-depth financial analysis to identify trends, opportunities,

and areas for improvement. Provide actionable insights to support business growth

strategies

• Team Leadership: Manage and lead a team of finance and accounting professionals,

providing, guidance, mentorship, and performance evaluations

• Financial Strategy: Collaborate with senior management to develop financial strategies

that align with the company's goals and growth trajectory. Manage MIS reporting for both

internal and external stakeholders of the company

• Fundraising: Lead and support equity and debt fundraising efforts, including preparing

financial models, investor presentations, and due diligence documents. Collaborate with

leadership to identify suitable funding opportunities to support the company's growth strategy

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