Assistant Controller

Finance

**The Problem**:
Every year over 1.6Mn students graduate with an engineering degree, but only 3% of them are employable. Students spend Lakhs in fees and years in a college that barely impacts their skill levels. While students look at engineering education as a way to liberate themselves from social and economic barriers, colleges run them as a business with no focus on impact. The fees collected from tier 3 colleges (with abysmal placement rates) itself amounts to $17B annually. At the end of it all, we have one of the largest populations of educated yet unemployable graduates in the world. A research conducted by Stanford suggests 83% correlation between Educational outcomes and GDP Growth. And our engineering colleges have near ZERO educational outcomes.

**How are we solving it**:
In an attempt to create a level playing field for everyone, we started Scaler Academy which is a 6-month long tech university with no upfront fees. You only pay when you find a high paying job in tech. We have been software engineers ourselves in top tech companies and we know what is required to succeed in tech. As such, we teach things that matter in tech. We started our first batch in April and we launch a new batch every month. We intake 300 people every month with more than 20k people who are in waitlists. We are off to a great start with really high classroom ratings, extremely high engagement (People spend ~5 hours daily on the site). Our early placements stories are very humbling, to say the least. We are already seeing people get 6x hikes in salaries.

**Why us**:

- ** Global presence**: we have tie-ups with 550+ companies in India, Europe, SEA, and the US who rely on us for their tech hiring.
- ** Distinctive team**: Our team is an inspiration powerhouse built with the best of Facebook, McKinsey, EY, InMobi and WeWork
- ** Unicorn trajectory**: Unlike 99% of startups, we believe in sustainable growth. No wonder, we are profitable and on course to be a unicorn in the next 24-36 months if we execute well
- ** Marquee investors**: Our investors are marquee firms such as Sequoia Capital (Investors in Google, Apple, and Cisco) and Tiger Global (major investor in Flipkart).
- ** Great perks**: Free food, fun people, health insurance and an ultra-chic office space

**Role of Assistant Controller**:
Responsible for accounting activities, closing the books, ensuring compliance with accounting standards. The duties include assisting with the preparation of financial reporting, collection, analysis, and consolidation of financial data.

**Key Responsibilities**:

- Assist in establishing, documenting and monitoring financial policies, procedures and reporting systems.
- Accountable for Internal controls design and ensuring there are operating effectively within the company
- Prepare and publish timely monthly, quarterly and annual financial statements, including management accounts and balance sheet schedules
- Assist in key accounting operations including reconciliations, payables and AR management
- Manage financial and regulatory compliance - periodic GST /TDS returns, annual filings and other India / overseas statutory compliances
- Responsible for Secretarial and Corporate Laws compliances
- Reconcile key Balance Sheet items, analyze key PL items and review key journal entries/high risk items
- Provide support to finance leadership on cost management, improving collections and monitoring spends
- Assist in managing statutory financial reporting, year end statutory audits and coordinate for tax filings / TP reports
- Maintains financial staff job results by coaching, counselling, and disciplining employees; planning, monitoring, and appraising job results.
- Supporting financial due diligence

**Skills**:

- Assist in establishing, documenting and monitoring financial policies, procedures and reporting systems.
- Accountable for Internal controls design and ensuring there are operating effectively within the company
- Prepare and publish timely monthly, quarterly and annual financial statements, including management accounts and balance sheet schedules
- Assist in key accounting operations including reconciliations, payables and AR management
- Manage financial and regulatory compliance - periodic GST /TDS returns, annual filings and other India / overseas statutory compliances
- Responsible for Secretarial and Corporate Laws compliances
- Reconcile key Balance Sheet items, analyze key PL items and review key journal entries/high risk items
- Provide support to finance leadership on cost management, improving collections and monitoring spends
- Assist in managing statutory financial reporting, year end statutory audits and coordinate for tax filings / TP reports
- Maintains financial staff job results by coaching, counselling, and disciplining employees; planning, monitoring, and appraising job results.
- Supporting financial due diligence

Job Overview
- Location: Bengaluru
- Job Type: Full time
- Work: Remote