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Vice President Finance
2 months ago
Role Overview:
The candidate will lead the finance function and collaborate closely with the CEO to drive the company's financial strategy and control mechanisms. This role encompasses a broad range of responsibilities aimed at ensuring robust financial management and operational efficiency.
Key Responsibilities:
- Implement the comprehensive financial strategies, ensuring they are in line with organizational objectives while tracking execution
- Execute the financial reporting initiatives, managing both the development of strategy and hands-on involvement in internal and external communication
- Oversee critical financial transactions, including hands-on management of accounts payable, accounts receivable, payroll, and the optimization of balance sheets
- Implement advancements in internal finance procedures, crafting policies, and ensuring their successful roll-out and consistent application
- Monitor the organization's financial health, combining strategic oversight with hands-on cash flow management to maintain profitability
- Enforce a robust financial risk management strategy, focusing on strengthening internal controls, hands-on tax strategy management, and regulatory compliance
- Participate in financial planning, merging high-level budget analysis with ground-level actions to realise cost-saving opportunities and manage organizational spending
- Supervise and Engage directly in bank reconciliations, debt strategies, and revenue collections, ensuring the finance department operates at peak efficiency
- Maintain strong, hands-on relationships with external auditors, ensuring seamless collaboration and operational transparency
- Ensure compliance with all relevant financial and regulatory requirements, including taxation, GST, accounting standards, FEMA
- Audit Management: Handle end to end Audit process with Big 4 firms. Coordinate and oversee external & internal audits, liaising with auditors to ensure accurate and timely completion of audits
- Financial Risk Management: Identify and mitigate financial risks, implementing effective controls and risk management strategies
- Liquidity Management: Managing and overseeing the cash flow of the company and ensuring it has the appropriate treasury controls
- Commercial Discussion and Negotiation: Engage in commercial discussion and negotiation based on business requirements
- Payroll & Compliance : Manage the payroll processes and ensure timely disbursement and compliance
- Team Leadership: Manage and lead a finance team, providing guidance and mentoring to ensure high performance and professional development
- Stakeholder Management: Work closely with Founders and Business Teams
Ideal Candidate:
- Qualified Chartered Accountant with a proven leadership role and 12-14 years of work experience in finance
- E-commerce/B2C services/digital product or services company experience
- Prior experience in handling end to end audit with Big 4 firms
- Experience in automating revenue and finance systems
- Proficiency in financial software and tools, including QuickBooks, Excel, and financial modelling software
- Excellent interpersonal and communication skills, with the ability to work collaboratively with cross-functional teams
- Experience of handling end to end finance function of the subsidiary company of a large corporate
- Experience of working in a new age digital product/services company
- Well versed, and with hands-on experience, in accounting, consolidation, taxation, regulatory compliances.
- People manager who has managed reportees from multiple functions, has navigated inter-department coordination and has also managed group level coordination
Employee Benefits:
Health Insurance: We offer comprehensive health insurance coverage to ensure our employees.
Gratuity: We believe in recognizing the hard work and dedication of our employees. That's why we provide gratuity benefits to show our appreciation for their contributions.
Hybrid Work Model: Embracing flexibility, we offer a hybrid work model where employees can enjoy the best of both worlds. With four days in the office and one day working from home, we empower our team to achieve work-life balance while maintaining productivity and collaboration.
About Rooter:
Rooter is India’s largest Gaming and Esports Content to Commerce platform with more than 85mn users. It offers Live streaming, videos and shorts, allowing users to watch and stream a variety of games, participate in live chats, and engage with a community of gamers. Home to the largest community of gamers in India, the platform also hosts a marketplace allowing users to purchase any digital or gaming currency, thereby providing the complete user experience for a gamer for their content and commerce needs. Rooter is positioned as the Twitch for mobile gaming markets and has already launched in Indonesia besides India and few neighboring countries.
Rooter’s revenue grew 16% in FY24 while reducing burn by 50% from previous fiscal. Rooter is on course to be EBITDA positive in next 3 quarters. Besides working with 100+ Brands across sectors for their Advertising needs, Rooter also recently launched its various user monetization models and has seen GMV growing 1-3x MoM. With Rooter Shop, its building the biggest and perhaps most scalable product to target the $3.3bn gaming currency market for India.
Rooter has raised $35mn in primary capital ($45mn overall including secondary, debt) from investors like Lightbox Ventures, March Gaming, Paytm, IeAD (Adidas Family office), ADvantage, Redwood Partners (Korea), Trifecta Capital and many others.
Rooter is the most attractive and sought after Gaming Company in India, having come out as the leader and only player in an extremely competitive market of 9 players back in 2020. The next few years for the company are very exciting as it scales revenue, expands globally and adds the next 100mn users.
Join us if you are looking to be a part of Gaming Revolution in India, building the backbone of Tech infrastructure and enabling large scale commerce.
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