Director of Finance

1 week ago

Bengaluru, Karnataka, India Weekday AI Full time ₹ 15,00,000 - ₹ 25,00,000 per year

This role is for one of Weekday's clients

Min Experience: 5 years

Location: Bangalore, Bengaluru

JobType: full-time

Requirements
About the role

This role is about protecting a treasury that's growing quickly :). As we traverse the journey from $5M to $50M in ARR over the next couple of years, we want to ensure the highest level of financial rigour from the early days to lay a strong foundation for growth over the years.

This is our senior-most hire in finance and you'll be responsible for overseeing all financial operations of the company, including budgeting, forecasting, financial reporting and day-to-day financial operations. It involves working closely with the CEO, executive team, and investors to develop and execute financial strategies that drive growth and profitability.

What you'll do
  • Own and execute all financial operations like payroll processing, vendor payouts and collections(accounts receivables).
  • Oversee and ensure adherence to all statutory compliance requirements, including Provident Fund (PF), Professional Tax (PT), and Goods and Services Tax (GST), etc.
  • Develop and maintain financial models to support the company's strategic planning and decision-making processes.
  • Manage the budgeting and forecasting process, working closely with department heads to ensure accurate and timely financial reporting.
  • Oversee the company's cash management, including monitoring cash flow and optimising working capital.
  • Manage relationships with external stakeholders, including investors, banks, and auditors.
  • Support fundraising efforts, including developing investor presentations and financial projections.
  • Develop and implement financial policies and procedures to ensure compliance with regulatory requirements and best practices.
  • Drive operational efficiency by monitoring costing activities and identifying saving initiatives.
  • Oversee completion of statutory audit from a big 4 audit firm.
What makes you a good fit
  • 8+ years of experience in finance controllership, accounting, or a related field.
  • Building the finance function from 0-1 for a scaling SaaS company excites you.
  • You're open to being a generalist and adapting to the uncertainty of early stage.
  • You understand budgeting, forecasting, and financial reporting like the back of your hand.
  • Past experience working in SaaS accounting is an added plus.

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