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

📌 Financial Controller (Pune)
🏢 Biofuelcircle
📍 Pune