Manager - Financial Planning & Analysis and Consolidation

Job Description

Who are we, and what do we do

From the humble idea of giving all regional languages a stage to successfully building India's No.1 social media platform, we've journeyed to turn ideas into reality. At ShareChat and Moj, our short video platform (https://sharechat.com/about), we have over 200 million users, 80 million creators, and over 2.5 billion shares every month. Valued at $5 billion, ours is a story of disrupting the digital narrative as we build Bharat's content creation ecosystem.

An open, honest culture and our values, such as first principles, speed, integrity, user-centricity, and ownership, drive our teams to innovate our products every day. We are on the path to establishing ShareChat as the world's largest AI-centered social media platform. We are thrilled to offer you the opportunity to solve complex problems at scale, learn with the best minds, pursue unstoppable growth, and, most importantly, make a far-reaching impact.

Join us to revolutionize Bharat's content creation ecosystem powered by AI & ML. Scaling ideas to reality is how we do our business

What does the team do

The FP&A team within ShareChat is responsible for all management reporting, investor reporting, and consolidation activities. Members of this team traverse between accounting/controllership functions and business finance. The team acts as a critical bridge with deep insights into accounting/tax policies, business strategy, and investor perspectives. Started two years ago, the team is like a startup within ShareChat. The FP&A and Consolidation manager is the first hire.

What you will do:

FP&A:

- Reporting/Analysis: Prepare monthly financial package-P&L, Balance Sheet, Cash Flow, and all supporting schedules. Present the financials to leadership after due research and with a coherent story. Drive investor reporting, statutory reporting, and reconciliations between the two.
- Support Fund Raise Efforts: Work with corporate development and support capital raise efforts. Collate data, prepare necessary schedules, create data rooms, and answer any queries coming up in due diligences. Should also have working knowledge of both DT and IDT.
- Interface with Business/Business Finance: Develop a solid understanding of the business drivers and strategies. Connect dots to explain implications of accounting changes on business results, and implications of strategy shifts on accounting. Build relationships to aid in variance analysis. Act as a challenging/validating partner to both accounting and business finance teams to ensure accuracy.
- Ad Hoc Analysis: Conduct ad hoc financial analysis for leadership as needed.
- Collaboration with accounting / tax teams: Collaborate with accounting functions as part of the close process to ensure appropriate accounting principles are applied. Perform analysis to understand significant variances. Work closely to improve the overall efficiency of the finance org, improve visibility, and depth of understanding of key financial metrics.
- Function Building: Lead technology deployment in the business finance domain. Be the custodian of cost centers and GLs, drive deployment of NetSuite for annual planning, enable dashboarding, help integration of NetSuite with other systems (and data sources) within ShareChat for sharper analysis, etc.

Consolidation:

- Close Process: Actively participate in month close activities for elements not covered under Order-to-Cash or Procure-to-Pay workstreams. Post intercompany consolidation and other entries as needed to close group financials. Conduct reviews with O2C/P2P teams and pressure test key provisions/entries to ensure tight controls and accuracy of results. Ensure accurate and timely monthly, quarterly and year end accounting close of ShareChat and its subsidiaries
- Support Internal and Stat Audits: Similar to supporting due diligence, support annual statutory audits and internal audits. Prepare final audited financials, and interface with auditors and internal teams to provide necessary information and commentary. For statutory audits, post audit entries, prepare necessary memos for files and auditors, and drive projects with external consultants (eg. valuers or actuaries) as needed. For internal audits, own the audit, and eventual work program to ensure respective teams are actioning recommendations.
- Intercompany transactions: Review intercompany account balances reconciliation monthly and ensure that these balances are correctly reflected in the General ledger, also to ensure that all intercompany account queries are resolved in a timely manner.
- Documentation and Governance: Enhance and maintain accounting policy and procedural documentation (incl. RCMs).Drive cross functional teams to enhance documentation for better audit preparedness. Work with external consultants where necessary to tighten internal control environment.

Who are you

CA with 4+ years of post-qualification experience across FP&A and Controllership functions

Big 4 and startup experience must

Strong analytical and communication skills

Should have a track record of hands-on report/analysis preparation, JE posting, etc.

Excellent collaborator and go getter

Good interpersonal skills

Working knowledge of NetSuite

Where will you be

Bangalore(Hybrid)

Why join ShareChat

- We believe in creating economic opportunities for our content creators as a shared purpose. Join us to make a tangible impact for regional Indian audiences.
- Grab an opportunity to solve complex problems powered by our AI and ML recommendation system for over 325 million monthly active users, 80 million creators and key partners.
- Drive your career growth through our upskilling programs, accelerated by values like speed and ownership.
- You get a chance to work with top talent across the globe in a collaborative and learning culture.
- Experience growth in a people-first organization with unparalleled rewards and employee-centric policies, including ESOPs, monthly childcare allowance, insurance, and more.

Know more about us:

- AI @ ShareChat | AI Projects @ ShareChat
- Our Story of Scaling Ideas to Reality
- Our Blog