Job DescriptionKey purpose of the role:
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- End to end controllership of the finance and accounting function of the Biomass/Biofuel B2B Marketplace within the BFC groupn
- To ensure accuracy and timeliness of financial reporting for accurate, timely and faster decision-making within the finance function and overall organizationn
- Helping the senior leadership team in strategic decision making across all aspects of the businessn
nWhat Key Tasks will be involved?
nRevenue Recognition & Marketplace Accounting
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- 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 structuren
- Subscription revenue recognition — deferred revenue schedules, recognizing SaaS/access fees over the subscription period, handling upgrades/downgrades/cancellations and refund policies ·n
- Transaction fee/commission revenue — accurate recognition tied to matching/delivery completion, not just order placement, to avoid revenue recognized before performance obligations are metn
- Transparent 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 visibilityn
nPlatform Unit Economics & MIS ·
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- GMV (Gross Merchandise Value) tracking by supplier category, buyer category, and regionn
- Take rate analysis — commission/subscription revenue as a % of GMV, tracked over time and by customer cohortn
- Contribution margin per transaction — after payment gateway fees, delivery cost, and platform support costn
- Customer (both buyer and supplier side) unit economics — CAC vs. LTV for subscription customers, churn trackingn
- Cohort-based MIS: repeat transaction rate, supplier/buyer retention, subscription renew
📌 Financial Controller (Pune)
🏢 Biofuelcircle
📍 Pune
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