06 Aug
|
Credility
|
Mumbai
5 Years Malad West Full time Role Overview Credility is expanding rapidly across NBFCs, HFCs and MFIs with multiple enterprise deployments, complex multi-year contracts, and a growing ARR base. We are hiring a Manager Finance & Compliance to build and lead a structured, disciplined, and future-ready finance function. The candidate will be responsible for managing the accounts and finance team and ensuring financial hygiene, strong cost controls, compliance excellence, accurate revenue recognition, and timely reporting.
This role is critical as the company transitions from founder-driven processes to a scalable, controlled, and team-led finance architecture.
Preferred Qualification Chartered
Accountant (CA) preferred.
MBA (Finance) or CMA acceptable if backed by strong SaaS / enterprise finance experience.
Key Responsibilities
Financial Planning, Budgeting & Cost Control
Develop and manage annual budgets, quarterly forecasts, and cost plans across Product, Tech, Delivery, Support, and Sales.
Track budget vs. actuals, investigate variances, and recommend cost efficiencies.
Implement cost-controls for cloud/AI infra, product development, hiring, SaaS tools, and operational expenses.
Revenue Accounting & Contract Lifecycle Management
Maintain accurate revenue recognition across:
Implementation Fees
Change Requests
User License Revenue (ARR)
Multi-year contracts with milestone billing
Monitor billing schedules, renewal timelines, go-live completion, and license deployment for each customer.
Ensure hygiene in TCV, ARR, unbilled revenue, and deferred revenue tracking.
Billing, Collections & Working Capital Management
Oversee end-to-end invoicing processes with strict hygiene and documentation.
Work with internal teams to ensure timely collections and reduce outstanding receivables.
Manage vendor payments, payout cycles, and cashflow adherence.
Optimize working capital, including utilisation of OD facilities and treasury management.
MIS, Analytics & Cross-Functional Reporting
Build and maintain a robust monthly MIS covering:
Revenue by line of business
Gross margins of different modules
Operating expenses by department
Cashflow position
Key KPIs such as active licenses, renewals, delays, customer delivery status
Provide accurate financial insights to Founders and Department Heads for better operational decisions.
AI tools knowledge to create dashboards for cost analysis, project profitability, people productivity, and renewal health.
Compliance, Audit & Statutory Oversight
Ensure full compliance with GST, TDS, PF/ESIC, Income Tax, ROC filings, and other statutory requirements.
Liaise with external auditors for statutory audit, tax audit, legal and internal audits.
Maintain strong documentation, contracts repository, and financial governance systems.
Manage ESOP accounting, cap-table hygiene, and statutory secretarial processes (non-transactional).
Internal Controls, Systems & SOP Development
Establish and maintain SOPs across procurement, approvals, reimbursements,
and vendor onboarding.
Strengthen internal financial controls—expense approvals, asset tracking, access controls, etc.
Implement scalable finance systems/ERP/MIS to support Credility’s growth.
Drive automation in financial workflows to minimise errors and improve efficiency.
Utilise AI-based tools for automation in reporting, emails, dashboards, and documentation.
Business Partnership Across Teams
Work closely with Product, Tech, Sales, Delivery, and HR teams to:
Plan hiring budgets
Support pricing decisions
Track project expenses
Legal, Contract Governance & Risk Management Support review and structuring of commercial contracts (MSAs, SaaS agreements, implementation agreements, reseller partnerships) from a financial and risk perspective.
Identify and flag key risks in contracts including:
Revenue recognition implications
Liability and indemnity exposure
Payment terms and milestones
Termination and lock-in clauses
Ensure alignment between
Signed contracts
Commercial proposals
Billing schedules
Revenue recognition policies
Maintain a centralised contract repository with clear tracking of:
Contract value (TCV/ARR)
Renewal dates
Pricing revisions
Change requests
Work with legal counsel to ensure compliance with:
Digital Personal Data Protection Act, 2023 (DPDP)
Data privacy, security, and confidentiality obligations in enterprise contracts
Track and manage
Vendor agreements
NDAs
Partner/reseller arrangements
Support audit readiness by ensuring contractual and legal documentation is complete, consistent, and accessible.
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📌 Manager Finance & Compliance (Mumbai)
🏢 Credility
📍 Mumbai