Finance and Accounts Controller

Key Responsibilities:

• Sole custodian of all finance-related work at the organization.
• Develop and maintain financial models to forecast cash flow requirements, ensuring adequate working capital.
• Assess the company s working capital needs and develop strategies to optimize cash flow, including managing debt vs equity capital.
• Monitor accounts receivable, accounts payable, and inventory levels to ensure efficient cash conversion cycle.
• Evaluate financing options and structures, including debt facilities and equity investments, to support working capital requirements.
• Collaborate with external partners such as banks, investors, and financial advisors to negotiate favourable terms for financing arrangements
• Prepare regular financial reports and presentations for management, investors, and other stakeholders. Provide financial insights and recommendations to support decision-making across the organization.
• Ensure compliance with accounting standards and regulatory requirements in financial reporting.
• Identify financial risks and develop mitigation strategies to safeguard the company s assets and financial stability.
• Continuously assess and improve financial processes and systems to enhance efficiency and accuracy in working capital management.
• Collaborate with other departments such as operations, sales, and marketing to align financial goals with business objectives.
• Act as the controller for departments to adhere to revenue and expense projections, minimizing variance from the annual budget and business plan.
• Set up a robust account-wise forecasting model to help improve predictability and bring in financial discipline.
• Set up monthly review cadence for Leadership Team members, comprising deep dives of specific P&L items.
• Help build a framework for quarterly and annual operating plans, and conduct periodic budget vs actual variance analysis.
• Scale from strategic business building projects to detailed spreadsheet modelling and analysis.
• Develop a clear understanding of key business drivers, analyse key financial metrics, and provide value-added inputs to the founder.
• Work collaboratively with the founder for Investor reporting, fundraising and financial risk management.

Specific responsibilities:

• Lead a team that manages books of accounts using standard accounting software.
• Create processes for statement reconciliation from various revenue sources, including online sales.
• Create Monthly, quarterly, and annual P&L, cost analysis, profitability analysis, and other important dashboards for the company.
• Ensure statutory compliances such as GST, TDS, and PF.
• Ensure Company Act and shareholder agreement-related compliance.
• Create monthly budgets and revenue plans.
• Analyse unit economics, profitability, revenue leakages, and other financial metrics.
• Prepare monthly MIS investor dashboards and presentations.
• Prepare for audits and due diligence.
• Create financial controls for various processes such as vendor payments. Reimbursements, vouchers, and record keeping, etc.
• Ensure all banking transactions, including the payout of salary, incentives, etc, are carried out in a smooth and timely manner.

Qualifications:

• Qualified CA or MBA in Finance or both
• 6+ years of experience in various aspects of finance at a D2C brand with proven experience
• Strong understanding of financial principles, including working capital management, debt vs equity financing, and financial analysis.
• Excellent analytical skills with the ability to interpret complex financial data and communicate insights effectively.
• Proficiency in financial modelling, spreadsheet software, Tally, uni-commerce
• Ability to thrive in a fast-paced, dynamic environment and adapt to evolving business needs. Strong leadership and interpersonal skills with the ability to collaborate cross-functionally and influence decision-making.
• Excellent analytical ability.