Financial Controller
3 weeks ago
Job description for Financial Controller
About Company
Founded in 2020, Flashaid is a mission driven health tech company providing affordable health plans to the next 200M Indians. Backed by some of top global investors and marque names from the industry Flashaid is democratising health cover access using the next generation technology.
Skill Set required:
- Entrepreneurial mindset, demonstrating high ownership.
- 5-8 years of progressive financial leadership experience.
- A qualified CA
- Exposure to any of the domain -NBFC,Fintechs,Pharma and Healthcare
- Proven track record in driving profitability, BU integration, AOP construction, and implementing cost-optimizing initiatives.
Key Responsibilities:
Core Finance:
KPI1: Owning financial reporting to ensure accuracy and timeliness.
KPI2: Implementing and maintaining robust internal controls to mitigate financial risks and ensure regulatory compliance.
KPI3: Overseeing day-to-day financial operations, including accounting, reporting, and treasury functions.
KPI4: Essential exposure to Direct and Indirect taxes, including Income Tax, Tax withholding, and GST.
KPI5: Preparing Financial Dashboards for CEO and Founder for comprehensive oversight of finance functions.
KPI6: Cashflow management and Cost Optimisation.
KPI7: Crafting a roadmap for achieving a clean audit opinion from a Audit Firm/Regulatory bodies
Strategic Finance:
KPI1: Ensuring consistent profitability enhancement by reducing operating expenses by 10% annually.
KPI2: Achieving a 99% accuracy rate for monthly financial reporting, delivered within 7 business days of closing.
KPI3: Implementing a new financial reporting system to streamline data collection and analysis, facilitating decision-making and trend identification.
KPI4: Identifying and executing cost-saving initiatives with an annual impact of up to 20%
Corporate Development:
KPI1: Developing fundraising strategies to advise on critical decisions regarding Debt, Equity, and WC lines for optimal capitalization and dilution.
KPI2: Preparing and presenting financial reports and updates for board meetings and investor discussions, managing regular reporting relationships with existing investors.
KPI3: Leading due diligences, deal negotiation, and documentation in collaboration with external consultants.
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