Accounts Head (Mumbai)

Accounts Head (Mumbai)

29 Oct
|
Common Thread
|
Mumbai

29 Oct

Common Thread

Mumbai

Job Description
– Head of Accounts & FinanceIndustry: Companionship | Lifestyle | Technology Startup

Location:
Mumbai

Experience:
7–12 years Reporting to: Founder / CEO Employment Type: Full-time

About the Company
We are building an innovative, purpose-driven startup focused on transforming the way people connect, socialise, and build meaningful relationships. Our platform combines technology with personalised, human-led services to create a vibrant ecosystem of companionship, social engagement, and community experiences, particularly for individuals aged 50 and above. As we prepare to launch and scale, we are looking for a dynamic, detail-oriented, and entrepreneurial Head of Accounts & Finance to establish and manage our financial operations from the ground up. Role OverviewWe are seeking a hands-on finance professional who can take complete ownership of the company's accounting, financial reporting, compliance, budgeting, and financial controls. This is a startup environment, so the ideal candidate must be comfortable both designing financial processes and executing day-to-day accounting activities. The person will play a critical role in establishing a financially disciplined, transparent, and scalable business.

Key Responsibilities
1. Accounting & Financial Operations
• Set up and manage the company's end-to-end accounting function.
• Maintain accurate books of accounts, ledgers, and financial records.
• Oversee accounts payable, accounts receivable, invoicing, and reconciliations.
• Manage vendor payments, employee reimbursements, and operating expenses.
• Handle bank reconciliations, cash flow tracking, and payment processing.
• Ensure timely monthly, quarterly, and annual financial closing. 2. Revenue Management & Business Operations
• Establish accounting systems for membership fees, subscriptions, events, and service-based revenue.
• Monitor customer collections, refunds, cancellations, and payment reconciliations.
• Track revenue across digital platforms and offline operations.




• Coordinate with operations and customer service teams to maintain accurate transaction records.
• Establish financial controls for new business models and service offerings. 3. Financial Planning & MIS
• Prepare monthly financial reports and management dashboards.
• Develop and monitor budgets, forecasts, and operational expenditure.
• Track key financial metrics, including revenue, customer acquisition costs, profitability, and cash burn.
• Provide financial insights to support business decisions.
• Monitor unit economics and identify opportunities for cost optimisation. 4. Taxation, Compliance & Audit
• Ensure compliance with applicable GST, TDS, income tax, and statutory requirements.
• Coordinate with external auditors, tax consultants, and regulatory advisers.
• Oversee statutory filings and maintain audit-ready financial records.
• Develop appropriate internal controls and financial policies.
• Ensure proper documentation and compliance across all financial transactions. 5. Financial Systems & Process Development
• Set up accounting software and financial reporting systems.
• Implement efficient processes for payments, billing, expense approvals, and reconciliations.
• Integrate accounting processes with the company's technology platform and payment gateways.
• Introduce automation wherever possible to reduce manual work.
• Build scalable financial processes capable of supporting expansion across multiple cities. 6. Team & Stakeholder Management
• Build and manage a small accounts and finance team as the organisation grows.
• Work closely with the Founder, CEO, and operations team.
• Coordinate with banks, vendors, auditors, and financial service providers.




• Support the leadership team with financial analysis and planning. Qualifications & Experience
• Bachelor's degree in Commerce, Accounting, or Finance.
• CA / CA Inter / MBA Finance preferred.
• 7–12 years of relevant experience in accounting and financial management.
• Previous experience in a startup, consumer services, hospitality, technology, or subscription-based business is highly desirable.
• Strong knowledge of Indian accounting practices, taxation, and statutory compliance.
• Proficiency in Tally, Zoho Books, or similar accounting platforms.
• Advanced Excel skills and experience preparing financial MIS reports.
• Experience implementing accounting systems and processes from scratch is an advantage. Ideal Candidate ProfileWe are looking for someone who is:
• Entrepreneurial: Comfortable working in a fast-paced startup where systems are still evolving.
• Hands-on: Willing to manage everyday accounting responsibilities while building the finance function.
• Highly organised: Strong attention to detail, accuracy, and financial discipline.
• Commercially minded: Understands how financial information supports business growth.
• Technology-friendly: Comfortable with digital payments, automation, and modern accounting tools.
• Trustworthy: Demonstrates integrity, confidentiality, and accountability.
• Adaptable: Able to work independently and take ownership without requiring extensive supervision.

What We Offer
• An opportunity to join an exciting, purpose-driven startup at its inception.
• The chance to build and lead the accounting and finance function from the ground up.
• Direct exposure to the Founder and leadership team.
• A dynamic, entrepreneurial work environment.
• Significant professional growth opportunities as the company expands.
• An prospect to contribute to a business with a meaningful social impact. CTC
- 18-24 Lakhs per annum Our ideal candidate is someone who enjoys building, takes pride in financial discipline, and wants to grow alongside an ambitious new company.

📌 Accounts Head (Mumbai)
🏢 Common Thread
📍 Mumbai

Reply to this offer

Impress this employer describing Your skills and abilities, fill out the form below and leave Your personal touch in the presentation letter.

Subscribe to this job alert:

Get the latest job offers by email for: accounts head (mumbai) / mumbai

Subscribe to this job alert:

Get the latest job offers by email for: accounts head (mumbai) / mumbai