22 Aug
|
Simplify AlphaTM
|
Pune
22 Aug
Simplify AlphaTM
Pune
Job Description
Role Overview
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Simplify Alpha operates a services/staffing (IDC-type) business model, and this Finance Controller role should be built around the financial mechanics of a people-based, billable-hours business: deal/contract profitability, bench cost management, utilization tracking, and client invoicing tied to time and material or fixed-fee arrangements. The Controller owns close, controls, and compliance for the entity, and partners closely with delivery and account leadership.
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Key Responsibilities
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Financial Close & Reporting
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- Own monthly, quarterly, and annual close, ensuring accuracy and timeliness
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- Prepare P&L;, balance sheet, and cash flow statements in line with group reporting formats
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- Manage revenue recognition for T&M;, fixed-price, and staff augmentation contracts
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- Ensure the entity's numbers roll up cleanly into group consolidation
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Utilization & Deal Profitability
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- Track billable utilization, bench cost, and realization rates across resources and accounts
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- Build and maintain deal/contract-level profitability views (rate card vs. actual cost, including onshore/offshore cost differentials)
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- Monitor bench aging and flag underutilized resources to leadership
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- Support pricing decisions on new SOWs and rate card negotiations
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Controls & Compliance
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- Design and enforce internal controls, including approval matrices, reconciliations, and segregation of duties
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- Ensure statutory compliance (tax filings, regulatory returns, and jurisdiction-specific requirements)
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- Manage the statutory and internal audit process end to end
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- Maintain compliance with Ind AS and US GAAP as applicable, given cross-border staffing arrangements
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Intercompany & Transfer Pricing
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- Manage intercompany invoicing, particularly around cross-border resource deployment and IC service agreements
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- Support transfer pricing documentation and safe harbour positioning for the staffing/services model
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- Track cash movement tied to client invoicing cycles and payroll-heavy cost base
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Business Partnering
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- Act as the finance point of contact for Simplify Alpha's delivery and account leadership
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- Support annual budgeting and forecasting, with particular attention to headcount-driven cost planning
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- Provide visibility on client-wise and SOW-wise margins to support account management decisions
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Qualifications
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- Chartered Accountant (CA) or equivalent (CPA, ACCA), 10-15 years post-qualification experience
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- Experience in a staffing, IT services, or IDC (captive/BOT) business is key, specifically comfort with utilization-based profitability models and bench cost management
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- Working knowledge of Ind AS and US GAAP
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- Experience with ERP and time-tracking/billing systems suited to services businesses (NetSuite, SAP, or similar, plus timesheet tools)
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📌 Director - Finance (Pune)
🏢 Simplify AlphaTM
📍 Pune