12 Sep
|
Soch Street
|
Chennai
12 Sep
Soch Street
Chennai
Job Description
What you will own 1. Business Finance & Unit Economics - Decide where the company should invest money for the best returns. - Understand which markets/businesses are profitable and which are not. - Improve margins across the business. - Build processes to prevent margin leakage. - Create the overall finance strategy and build a robust finance team. 2. Decision Support - Work closely with the Founder and business leaders. - Help them make decisions on: - New market entry - Inventory purchases - Discounting - Pricing - Brand spending - Build financial models that guide these decisions. 3. Margin & Leakage - Identify where the company is losing money. - Examples: cancellations, no-shows, supplier penalties, refunds, excess discounting, forex losses and uncollected commissions. - Improve unit economics and reduce financial losses. 4. Cash, Treasury & Working Capital - Own the 13-week cash flow forecast. - Manage working capital, supplier payments and customer advances. - Handle multi-currency exposure and hedging.
- Improve corporate collections and reduce receivable days. 5. FP&A; - Own annual planning and financial forecasts. - Track actual performance vs plan. - Explain why numbers are changing. - Improve forecast accuracy. 6. Controllership & Compliance - Ensure smooth monthly closing. - Manage reconciliations across high transaction volumes. - Oversee GST, TCS, TDS, audits and statutory compliance. 7. Build an Efficient Finance Team - Lead the existing finance team. - Restructure and improve the team as the business grows. - The expectation is to increase efficiency and not keep increasing finance headcount with business growth. How we want it done The company wants an AI-first and automation-first finance leader. The expectation is: - Remove manual work instead of hiring more people. - Automate payment matching, invoice matching, refunds, reminders, invoicing and bank reconciliations. - Use AI/agents for complex work such as: - Supplier reconciliati
📌 Financial Director (Chennai)
🏢 Soch Street
📍 Chennai