Nutrabay - Finance Controller
6 days ago
About the job:Job Role: Head of FinanceYou should apply if you have:- 7-10 years of experience in finance roles within startups or FMCG.- At least 2-3 years of experience managing contract vendors and e-commerce revenue.- A deep understanding of reconciliation, sales, and early risk identification.- Strong knowledge of P&L accounting, cash flow management, and working capital optimization.- A Master's Degree in Finance, CA, ACCA, or an equivalent professional qualification.- Experience in financial modeling, fundraising, and investor relations.- The ability to interact with both internal and external stakeholders effectively.You should not apply if you:- Have less than 7 years of experience in finance roles.- Lack experience in e-commerce, FMCG, or startup environments.- Are not comfortable working in a fast-paced, high-growth business.- Prefer working in a silo and not collaborating with cross-functional teams.- Do not have experience managing financial compliance, audits, and taxation.Skills Required:- Budgeting, forecasting, and financial analysis.- Revenue assurance and cost optimization.- Financial compliance, taxation (GST, TDS, income tax), and audit preparation.- Working capital management and cash flow optimization.- Fundraising (debt & equity), due diligence, and financial modeling.- Experience with financial tools such as ERPs, payment gateways, and expense management software.- Strong analytical and problem-solving skills.What will you do?- Business Planning & Financial Performance- Prepare and manage annual budgets, ensuring alignment with company goals.- Forecast revenue, costs, and cash flow while accounting for seasonality and trends.- Analyze actual financial performance against budgets, identifying variances and corrective actions.- Assess financial implications of new products, markets, and strategic initiatives.- Evaluate ROI for marketing campaigns, partnerships, and tech investments.Compliance & Systems:- Ensure accurate financial transaction recording in compliance with accounting standards.- Oversee GST filings, TDS, income tax compliance, and statutory requirements.- Lead internal and statutory audit preparations.- Develop and implement internal control policies to prevent fraud and inefficiencies.- Monitor payment systems, refund processes, and customer data security.Profitability & Efficiency:- Ensure accurate revenue recognition, accounting for discounts, returns, and adjustments.- Identify cost-reduction opportunities in logistics, procurement, and marketing.- Monitor key financial metrics like CAC, LTV, and unit economics.- Implement and optimize financial tools to streamline operations.Working Capital & Cashflows- Manage accounts receivable and payable to optimize working capital.- Ensure timely vendor payments while negotiating favorable terms.- Maintain adequate liquidity for operational and growth investments.Fundraising & Investor Relations- Assist in financial modeling, due diligence, and reporting during fundraising activities.- Work with banks and investors for financial reporting and analysis.- Evaluate term sheets and negotiate strong debt deals.Leadership & Stakeholder Management- Develop and mentor a high-performing finance team.- Act as the financial liaison for internal teams and external stakeholders.- Prepare financial reports for the Audit Committee, Executive Committee, and Board meetings.Work Experience:- 7-10 years in finance roles within startups, FMCG, or e-commerce businesses.- Strong experience in revenue assurance, accounting, FP&A, banking, taxation, and MIS.- Prior experience managing teams and working directly with leadership.Working Days:Monday - Pocket B, Okhla Phase I, Okhla Industrial Estate, New Delhi, Delhi 110020 and Golf Course Road, Gurugram, Haryana (Work from atmosphere.High learning & personal growth opportunities.Diverse and inclusive work environment.Why Nutrabay?We believe in an open, intellectually honest culture where everyone is given the autonomy to contribute and do their life's best work. As a part of the dynamic team at Nutrabay, you will have a chance to learn new things, solve new problems, build your competence, and be a part of an innovative marketing and tech startup that's revolutionizing the health industry.Working with Nutrabay can be fun, and a place of a unique growth opportunity. Here you will learn how to maximize the potential of your available resources. You will get the opportunity to do work that helps you master a variety of transferable skills, or skills that are relevant across roles and departments. You will feel appreciated and valued for the work you delivered. We are creating a unique company culture that embodies respect and honesty that will create more loyal employees than a company that simply shells out cash. We trust our employees and their voices and ask for their opinions on important business issues.About Nutrabay:Nutrabay is the largest health & nutrition store in India. Our vision is to keep growing, have a sustainable business model, and continue to be the market leader in this segment by launching many innovative products. We are proud to have served over 1 million customers up till now and our family is constantly growing.We have built a complex and high-converting eCommerce system and our monthly traffic has grown to a million. We are looking to build a visionary and agile team to help fuel our growth and contribute towards further advancing the continuously evolving product (ref:iimjobs.com)
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