12 Sep
|
Soch Street
|
Chennai
12 Sep
Soch Street
Chennai
What you will own
- 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.
- 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.
- 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.
- 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.
- FP&A;
- Own annual planning and financial forecasts. - Track actual performance vs plan. - Explain why numbers are changing. - Improve forecast accuracy.
- Controllership & Compliance
- Ensure smooth monthly closing. - Manage reconciliations across high transaction volumes. - Oversee GST, TCS, TDS, audits and statutory compliance.
- 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 reconciliation - Commission recovery - Collections - Detecting financial leakage The ideal mindset: If you see a manual finance process, your first instinct should be to automate it.
Who we're Looking For
- Chartered Accountant with 9–15 years of experience - Stronger in Business Finance and FP&A; than pure controllership/accounting. - Should have experience owning and discussing the P&L;, not just preparing it.
Strong knowledge of
- Unit economics - Costing - Contribution margins - Fixed vs variable costs - Cash flow - Personally experienced in managing tight cash situations. - Has automated finance processes and can show measurable impact. - Comfortable using modern data tools and AI. - Has experience scaling a business while keeping the finance team lean. - Can work with a fast-moving Founder - Should be comfortable challenging the Founder with numbers and difficult insights. - Stable career history is preferred.
📌 Financial Director (Chennai)
🏢 Soch Street
📍 Chennai