Chief Financial Officer

1 week ago

Bengaluru, Karnataka, India RK Group Full time ₹ 20,00,000 - ₹ 25,00,000 per year

The Opportunity:
RK Group in collaboration with a leading global footwear brand is setting up a new venture to run e-commerce operations for the brand. For the same, we are looking to hire an experienced
Chief Financial Officer
- someone who can help setup the financial processes and team to build and scale this venture. The ideal candidate (CA/ MBA with 15+ years of experience) must have strong experience across controllership, finance operations and business finance in a mid to large e-commerce setup, preferably on the seller side. Along with this, for rapidly scaling the business, the CFO needs to have a tech first mindset.

Key Responsibilities:

Setting up the finance function:

  • Build the key functions required for finance: controllership, treasury, business finance, finance operations, taxation, etc.
  • Support in hiring and training of employees for these functions.
  • Define key financial metrics and develop dashboards to track these metrics.

Acting as the strategic finance partner to CEO:

  • Develop annual budget in coordination with senior management.
  • Ensure that budgeting and day-to-day operational processes are aligned with company's long term goals.
  • Evaluate financial performance and key metrics. Evaluate operational risks on a regular basis. Present financial and business insights to stakeholders.
  • Manage treasury operations and working capital requirements.
  • Liaison with banks and financial institutions.

Smooth running of e-commerce finance operations:

  • Oversee finance operations, focusing on efficient service delivery with excellent quality. Minimize leakages: collections and claims as per SLA, returns optimization and management, etc.
  • Manage relationships with stakeholders in marketplaces and with the brand partners.
  • Optimize processes through efficiency, cost reduction and service quality improvement.
  • Ensure adherence to regulations, policies, and procedures while upholding internal controls.
  • Automate operational processes to reduce cost and increase efficiency and accuracy.

Ensuring financial compliance:

  • Ensure all financial compliances (statutory, audits, regulatory reporting) are adhered to as per timelines and accurately.
  • Develop strong internal financial controls. Document business processes and accounting policies to maintain and strengthen internal controls.

Creating a process led data-first organization:

  • Help the CEO in developing SOPs for running the business, with minimal exceptions.
  • Ensure timely and accurate MIS reporting with actionable insights for the Board of Directors.
  • Support in creating a data first organization and making data-based decisions. Implement the right technology and optimal automation solutions for control and efficiency.

Qualifications and Experience:

  • CA/ MBA from a Tier – I institute in Finance with 15+ years of experience, at least 10 years in an e-commerce setup.
  • Proven leadership in managing all finance functions and leading a team size of upto 10 direct reportees.
  • Prior experience in setting up finance processes for a new entity, especially in an e-commerce setup is preferred. Experience in fashion category e-commerce (esp. footwear) is an added advantage.
  • Must have excellent knowledge of financial processes and compliance requirements.
  • Must be excellent in oral and written communication: should have exceptional interpersonal and stakeholder management skills.

Location:
Bangalore, with travel as required.

Reporting to:
Chief Business Officer.

Compensation:
Competitive and commensurate with experience. For the right candidate, compensation is not a constraint.

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