Chief Financial Officer

Loch Corporate Services Private Limited is seeking an experienced Financial Operations Lead to oversee the company's finance and administrative operations in India.

This role plays a critical part in managing day-to-day financial management, statutory compliance, procurement, insurance administration, and operational support for the India office. The successful candidate will lead the team in establishing and maintaining efficient financial instruments and risk protections to ensure Loch meets its regulatory, contractual, and operational obligations while supporting its role as an offshore service provider to an Australian legal and migration services firm.

The Financial Operations Lead will be responsible for:

• Financial Management and Reporting
  • Establishing and managing accounting systems and processes for timely bookkeeping, reconciliations, and financial reporting.
  • Preparing monthly, quarterly, and annual financial statements in accordance with Indian statutory requirements.
  • Monitoring expenses, budgets, and cash flow to support sustainable business operations.
  • Liaising with Loch's Australian finance team to support consolidated reporting, audits, and cross-border financial coordination.
• Payroll, Taxation, and Statutory Compliance
  • Overseeing employee payroll processing and ensuring compliance with all applicable Indian labour, tax, and provident fund laws.
  • Managing TDS, GST (if applicable), and other statutory filings with relevant authorities.
  • Maintaining accurate documentation for audits and ensuring all statutory registers are up to date.
• Insurance and Risk Management
  • Leading the procurement, review, and renewal of essential business insurance policies, including but not limited to: Public Liability Insurance, Cybersecurity Insurance, and Professional Indemnity Insurance.
  • Liaising with brokers and insurers to ensure coverage levels are appropriate to Loch's operational risk profile.
  • Monitoring insurance compliance obligations under lease agreements and service contracts.
  • Maintaining insurance documentation and ensuring prompt response to incidents or claims.
• Financial Instruments and Banking Infrastructure
  • Establishing and managing banking relationships, ensuring optimal account structures for operational efficiency.
  • Ensuring compatibility with accounting platforms such as Xero, including potential use of direct bank feeds.
  • Supporting the setup of digital payment systems and vendor management tools.
• Procurement and Office Operations
  • Managing procurement of IT equipment, software licences, and office supplies.
  • Coordinating with co-working providers and vendors to ensure smooth day-to-day operations.
  • Ensuring value-for-money and cost efficiency across administrative expenditures.
• Administrative Leadership and Record-Keeping
  • Developing and maintaining internal administrative policies and workflows.
  • Overseeing documentation of employee records, contracts, lease agreements, and regulatory filings.
  • Supporting onboarding and coordination with external consultants (legal, tax, compliance, HR, etc.).

Key Deliverables

1. Fully operational finance and accounting systems aligned with statutory and audit requirements
2. On-time monthly payroll, tax filings, and PF/ESIC submissions
3. Valid and current insurance policies covering public liability and cyber risks
4. Financial risk controls and cash flow forecasts
5. Compliance with all relevant Indian regulatory obligations
6. Clear documentation of vendor contracts, licenses, and expenditures

Requirements

• Bachelor's degree in Accounting, Commerce, or related field (CA/CPA/MBA preferred)
• Minimum 5–7 years' experience in finance, accounting, or business operations
• Strong working knowledge of Indian labour law, tax compliance, and statutory reporting
• Familiarity with risk management and insurance procurement, particularly in service-sector businesses
• Experience with cloud-based accounting platforms (e.g. Xero) and digital banking tools
• Proven ability to operate in a start-up or small business environment