Financial Controller

About us

Accounting Operations Manager

The accounting department is the backbone of our business operations. The team has grown from its initial internal accounting setup to a major function that supports all areas of the organization, including assessing financial implications from various key strategic decisions and growth opportunities.

When you join the accounting team you get the opportunity to interact with all areas of the company.

The Accounting Operations Manager is primarily responsible for the accounting operations of the entity including preparation of periodic financial statements/ reports, ensuring that reported financials are fair and accurate and comply with generally accepted accounting principles or international financial reporting standards and local in-country requirements, compliance including maintaining separate books of accounts, if required as per local law. He/ She is responsible for timely closure of all audits, internal or external and ensure timely filing of all statutory reports.

Key Responsibilities

• Accounting: Lead and ensure compliance requirements with all US and India GAAP (Generally Accepted Accounting Principles) and local Tax and Accounting regulations, required by local country legislation across operating jurisdictions
• Ensure Financial Reporting: Ensuring the financial reporting of legal entities' results (monthly, quarterly, and annually) in accordance with US GAAP and Local GAAP, the analysis and interpretation of financial results to manage risk if any.
• Oversee Daily Tasks: Act as the main point of contact for our accounting partner and oversee their daily tasks.
• Coordinate Monthly Records: Coordinate with the accounting partner to review and finalize monthly financial records.
• Accuracy and Timeliness: Ensure accuracy and timeliness of financial reporting by outsourced accounting partners.
• Correct Recordings: Review and suggest corrections for accounting records maintained by external vendors.
• Drive Procure-to-Pay: Drive accounting operations for procure-to-pay processes, including expense management and balance sheet transactions.
• Prepare General Ledger Close: Prepare month-end general ledger close activities for all legal entities in India and US.
• Support Audits: Assist in preparing financial statement disclosures and support annual and periodic audits as per applicable law.
• Collaborate with Accountants: Collaborate with external accountants to complete statutory audits and due diligence processes.

Compliance:

• Maintain Compliance Calendar: Maintain and update a compliance calendar for multiple geographies for all applicable laws and compliance requirements.
• Manage Vendor Invoices: Manage vendor invoices, record payments, and ensure tax compliance.
• Assist in Tax Filings: Review tax filings and assist in preparing necessary tax submissions across India and the US.
• Ensure Regulatory Compliance: Ensure compliance with periodic filings required by regulatory authorities in India and US working together with outsourced accounting and compliance partners.
• Transfer Pricing Regulations: Ensure compliance with applicable Transfer Pricing regulations in India, US and any other geographies from time to time.
• Maintain Compliance: Review and maintain compliance with any other applicable direct and indirect tax laws, employment laws based on the operations of the Company.
• Provide Reports: Provide tax, insurance and other reports needed by governmental regulations.

Financial Analysis and Process Set Up:

• Support Executive Team: Provide required support to the executive team to assess the financial impact of new initiatives.
• Calculate Commissions: Calculate commissions for employees on variable payroll and submit reports to the accounting partner monthly.
• Complete Forms: Assist sales and customer service teams in completing vendor forms and ensuring compliance with company and regulatory requirements.
• Develop Financial Systems: Oversees the development of financial accounting systems needed to maintain reporting specifications.
• Coordinate and Control: Coordinate, administer, and control financial operations.
• Review and Analyze: Review, analyze, and interpret financial and budgetary reports. Direct all aspects of accounting operations and the preparation of annual financial forecast.
• Support Funding Plan: Support country funding plan and capital structure for business expansion needs in India / US and other geographies.
• Improve Data Quality: Improve data quality and integrity, continuously strive to reduce, and eliminate errors,
• Standardize Processes: Drive standardization in the processes across regions & countries

People/Stakeholder Management:

• Manage Team: Manage a team of accounting professionals of entities and guide them in the controllership functions.
• Timely Reporting: Responsible for ensuring timely and accurate reporting of revenue activities for the Group and maintaining a single source of truth for financial data.
• Hire AR/AP Team: Hire and set up high performing AR/AP team including certain portion of credit management support
• Establish Service Culture: Establish a strong service culture whereby high levels of customer satisfaction are achieved continuously (Internal and external customers)
• Cash Management: Cash management, including daily cash positioning, multi-currency fund transfers, co-ordination with front/ middle office and banks for ensuring timely settlements, investments and redemption.
• Work Closely with Other Functions: Work closely with other functions including secretarial, taxation, treasury, payroll, etc. to ensure smooth operations of the entity, manage cash flow, and ensure timely payments to employees / vendors.
• Special Projects: Assist in performing and working on special projects like international expansion, ERP Implementation etc as required.

Qualifications and Skills Required:

• Skillset: Proficiency in MS Office, Zohobooks and QuickBooks.
• Understanding of GAAP: Deep understanding of India and US GAAP accounting principles and procedures.
• Familiarity with SaaS Business Model: Familiarity with the SaaS business model and key metrics.
• Attention to Detail: Excellent attention-to-detail
• Problem-Solving Skills: Strong problem-solving skills and the ability to connect information to find solutions proactively.
• Communication Skills: Excellent communication skills and be able to present and articulate complex concepts and ideas in a persuasive and easy to understand manner

Experience Required:

• CA Qualification: Qualified Chartered Accountant (CA)
• Overall Experience: Overall experience of about 4-6 years is required.
• Start-up Experience: Experience working at a funded (Series Seed and above) start-up for 2+ years is nice to have.
• Team Management: Prior experience hiring/performing annual appraisals and team management is a plus.
• Big-4 Auditors: Experience closing audits with Big-4 Auditors in India and/or US

Mindset:

• Growth Mindset: Growth mindset with the ability to anticipate future needs and adapt efficiently.
• Passion for Learning: A passion for learning and continuous improvement, always seeking better ways of doing things.
• Curiosity: Curiosity to independently explore and analyse data to gain insights into the trajectory of our business.
• Meet Deadlines: Consistently meet deadlines and effectively prioritize workload.
• Challenge Status Quo: Challenge the status quo and bring innovative methods to improve the process/ Process Transformation through Digitalization, Lean Principles, and Automation

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