Director - Finance (Mumbai)

Director - Finance (Mumbai)

23 Aug
|
Simplify AlphaTM
|
Mumbai

23 Aug

Simplify AlphaTM

Mumbai

Role OverviewSimplify 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.

Key ResponsibilitiesFinancial Close & ReportingOwn monthly, quarterly, and annual close, ensuring accuracy and timelinessPrepare P&L;, balance sheet, and cash flow statements in line with group reporting formatsManage revenue recognition for T&M;, fixed-price, and staff augmentation contractsEnsure the entity's numbers roll up cleanly into group consolidationUtilization & Deal ProfitabilityTrack billable utilization, bench cost, and realization rates across resources and accountsBuild and maintain deal/contract-level profitability views (rate card vs. actual cost, including onshore/offshore cost differentials)Monitor bench aging and flag underutilized resources to leadershipSupport pricing decisions on new SOWs and rate card negotiationsControls & ComplianceDesign and enforce internal controls, including approval matrices, reconciliations, and segregation of dutiesEnsure statutory compliance (tax filings,



regulatory returns, and jurisdiction-specific requirements)Manage the statutory and internal audit process end to endMaintain compliance with Ind AS and US GAAP as applicable, given cross-border staffing arrangementsIntercompany & Transfer PricingManage intercompany invoicing, particularly around cross-border resource deployment and IC service agreementsSupport transfer pricing documentation and safe harbour positioning for the staffing/services modelTrack cash movement tied to client invoicing cycles and payroll-heavy cost baseBusiness PartneringAct as the finance point of contact for Simplify Alpha's delivery and account leadershipSupport annual budgeting and forecasting, with particular attention to headcount-driven cost planningProvide visibility on client-wise and SOW-wise margins to support account management decisions

QualificationsChartered Accountant (CA) or equivalent (CPA, ACCA), 10-15 years post-qualification experienceExperience in a staffing, IT services, or IDC (captive/BOT) business is key, specifically comfort with utilization-based profitability models and bench cost managementWorking knowledge of Ind AS and US GAAPExperience with ERP and time-tracking/billing systems suited to services businesses (NetSuite, SAP, or similar, plus timesheet tools)

📌 Director - Finance (Mumbai)
🏢 Simplify AlphaTM
📍 Mumbai

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