27 Aug
|
Biofuelcircle
|
Pune
27 Aug
Biofuelcircle
Pune
Key purpose of the role:
End to end controllership of the finance and accounting function of the Biomass/Biofuel B2B Marketplace within the BFC group
To ensure accuracy and timeliness of financial reporting for accurate, timely and faster decision-making within the finance function and overall organization
Helping the senior leadership team in strategic decision making across all aspects of the business
What Key Tasks will be involved?
Revenue Recognition & Marketplace Accounting
Principal vs. Agent determination — does the marketplace record full transaction value (GMV) as revenue with cost of goods, or only the net commission/margin as revenue (Ind AS 115 / ASC 606)? This decision affects the P&L; materially and needs to be applied consistently across every buyer-seller contract structure
Subscription revenue recognition — deferred revenue schedules, recognizing SaaS/access fees over the subscription period, handling upgrades/downgrades/cancellations and refund policies ·
Transaction fee/commission revenue — accurate recognition tied to matching/delivery completion,
not just order placement, to avoid revenue recognized before performance obligations are met
Explicit unbundling of revenue streams in the P&L; -subscription revenue, transaction/commission revenue, and delivery/logistics revenue (if charged separately) — each with its own margin visibility
Platform Unit Economics & MIS ·
GMV (Gross Merchandise Value) tracking by supplier category, buyer category, and region
Take rate analysis — commission/subscription revenue as a % of GMV, tracked over time and by customer cohort
Contribution margin per transaction — after payment gateway fees, delivery cost, and platform support cost
Customer (both buyer and supplier side) unit economics — CAC vs. LTV for subscription customers, churn tracking
Cohort-based MIS: repeat transaction rate, supplier/buyer retention, subscription renewal rates
Receivables, Payables & Intermediary Cash Flow Management
Managing the payment fl
📌 Financial Controller (Pune)
🏢 Biofuelcircle
📍 Pune