05 Nov
|
Lucidity
|
Bengaluru
05 Nov
Lucidity
Bengaluru
Role: Senior Associate – Finance
Location: Bengaluru (2 days/week in office)
Experience: 2-5 years
About Us
Lucidity is rapidly growing due to helping our customers solve a complex & unsolved problem, cloud storage. As a result, we have received a lot of recognition from analysts and cloud practitioners. Joining Lucidity offers the opportunity to make an impact in the cloud and in your own professional development. Some early highlights to consider
- Awarded Gartner’s Cool Vendor Award for Data Protection & Storage- Link
- Recognized in Forrester’s Cloud Cost Management and Optimization Solutions Landscape, Q3 2025 - Link
- Awarded Stellar Startup for Storage by CRN - Link
- Awarded Best Infra and Dev Tools SaaS Startup by SaaSBoomi – Link
- We are backed by $32 M in funding from investors like Alpha Wave Global, WestBridge Capital, and Beenext - Link
- We are the undisputed category leader in cloud storage optimization.
- Trusted by major global enterprises, including Fortune 10-1,000+ companies.
- Opportunity to work with experienced co-founders Vatsal & Nitin - serial entrepreneurs who bring with them more than a decade of experience working with companies like Microsoft, Swiggy, and Tracxn and building and selling large tech products.
- We have a presence across the US, UK, India & Abu Dhabi.
What we do
Lucidity is building an agentic SaaS platform that autonomously manages cloud spend and performance across AWS, Azure, and GCP. Our proven foundation is autonomous block storage optimization, where we've eliminated over-provisioning and delivered up to 70% cost reduction with zero downtime across Fortune 1000 environments. We are now extending that same closed-loop action muscle across the rest of the cloud bill.
This creates a significant opportunity as enterprises accelerate AI adoption and their infrastructure spend continues to compound. Here's a video of what Lucidity does.
Key benefits include:
- Autonomous action, not recommendations. Our AI agents don't just surface waste — they act on it safely, in production.
- Significant Cost Savings across cloud storage today, and the full cloud + AI spend surface next.
- Elimination of Downtime through simulation, confidence scoring, and automatic rollback on every action.
- Application Agnostic solution that works across AWS, Azure, and GCP without rip-and-replace.
Few additional useful links: website, blogs : LinkedIn
About the role
We’re hiring a Chartered Accountant to own tax, audit and statutory compliance across our three entities: an Indian parent, a Delaware C-Corp and a UAE establishment. You’ll also own revenue operations, treasury and the recurring reporting that goes to our founders and investors. You’ll report to the Finance Manager and work closely with the Director Finance and founders.
What you’ll own
Tax and compliance
- Manage direct and indirect tax compliance across India, the US and the UAE: GST, TDS, income tax, US federal and state tax, sales tax, VAT and corporate tax
- Manage corporate and regulatory compliance: ROC/MCA filings, FEMA and RBI reporting (SOFTEX, EDPMS, eBRC) and trade licence renewals
- Own transfer pricing documentation and tax residency certificates across entities
- Own the compliance calendar across all three geographies and flag risks early
- Work with our US consultants and external advisers to keep every filing on time
Audits
- Coordinate statutory and tax audits, and the US and UAE reviews,
with our BIG4 auditors and consultants
- Keep every area audit and DD ready
Revenue operations
- Manage the end to end order-to-cash process, from order form review through billing, marketplace offers and revenue booking till collections
- Own revenue recognition across subscription, usage and credit-based contracts
- Manage ARR reporting and other key metrics and its reconciliation to the CRM
Treasury and banking
- Manage bank accounts across India, the US and the UAE
- Prepare the monthly treasury plan so each entity is funded for its commitments
- Manage the debt mutual fund portfolio and redemptions
- Handle forex conversions and bank documentation
Reporting
- Monthly cash position, burn and runway across entities
- Monthly MIS with movement commentary, and the ARR and MIS P&L; files for investors
- Budget versus actual analysis
- Due diligence support during fundraising
What you’ll need
- Qualified Chartered Accountant
- 1–3 years of post-qualification experience, including time at a startup or high-growth tech company
- Robust working knowledge of Ind AS / IGAAP, GST, TDS, income tax and the Companies Act, 2013
- Zoho Books, QuickBooks or Xero
- Advanced Excel / Google Sheets; you build models and reconciliations from scratch
- Comfortable working with external consultants and auditors, and holding them to deadlines
Nice to have
- Prior experience in a SaaS finance team
- Hands-on exposure to US entity compliance, ideally a Delaware C-Corp with an Indian parent
- Experience with cross-border transactions and FEMA compliance
- Exposure to UAE VAT and corporate tax
- Exposure to SaaS revenue recognition under Ind AS 115 / ASC 606, including usage and credit-based contracts
- Experience with AWS or Microsoft marketplace billing and private offers
- Article-ship or prior experience with a Big 4 or mid-size audit or tax firm
📌 Senior Finance Associate (Bengaluru)
🏢 Lucidity
📍 Bengaluru