05 Nov
|
Spartan Fitness
|
Gurugram
05 Nov
Spartan Fitness
Gurugram
About the Role
Spartan Fitness is a premium fitness destination in Gurgaon, part of a fast-growing wellness group with international roots and an ambitious expansion roadmap. We are building our finance function from the ground up and are looking for a hands-on Finance Manager to take complete ownership of it.
This is a foundational hire. You will not be inheriting an existing team or set of processes — you will be the person who builds them. The ideal candidate can operate at both ends: rolling up their sleeves on day-to-day accounting and cash management, while also setting up the systems, controls, and reporting that a scaling, internationally funded business needs. Over time, this role carries the opportunity to build and lead a finance team.
Key Responsibilities
Accounting & Bookkeeping
- Own end-to-end bookkeeping and maintain accurate, up-to-date books of account.
- Set up and standardise accounting processes, chart of accounts, and month-end close routines.
- Ensure correct revenue recognition across membership plans, personal training packages, café/F&B;, and retail — including treatment of prepaid memberships and deferred revenue.
Taxation & Statutory Compliance
- Maintain up-to-date, working knowledge of all applicable taxation rules — GST and direct tax — and ensure the company stays current with changes in the law.
- Manage all GST compliance — registrations, monthly/quarterly returns, reconciliations, and input credit management.
- Handle direct taxation — corporate tax, advance tax, TDS deduction, deposit, and return filing.
- Ensure timely ROC/MCA and other statutory filings applicable to a private limited company.
- Keep the company audit-ready and compliant at all times.
Cross-Border / FDI Compliance
- Act as the internal point of contact for matters relating to foreign capital inflows and the company’s foreign-entity ownership structure.
- Liaise closely with the external accounting/CA firm to ensure all RBI reporting and FEMA-related filings tied to foreign investment are completed accurately and on time — providing the documentation and information they require.
- Coordinate with banks (AD bankers) and the parent entity on inward remittances and related documentation.
Payments & Treasury
- Initiate, process, and manage all company payments — vendors, payroll, statutory dues, and operational expenses.
- Own cash management, cash handling, and cash deposits — oversee daily cash collections, ensure secure handling, and manage timely bank deposits and reconciliation.
- Monitor cash flow, maintain liquidity, and manage day-to-day banking relationships.
- Implement and enforce payment controls and approval workflows.
Budgeting & Reporting
- Prepare the annual budget and track actuals against budget through the year.
- Build and deliver a monthly management dashboard covering sales, revenue, expenses, cash position, and key financial metrics.
- Provide timely, data-dense reporting and analysis to support management decision-making.
Audit & Controls
- Establish and run internal audit and internal control processes.
- Work closely with the external accounting/CA firm and statutory auditors.
- Identify financial risks and gaps, and put controls in place to address them.
Payroll & Vendor Management
- Manage payroll processing and related statutory compliance (PF, ESI, professional tax as applicable).
- Manage vendor accounts, reconciliations, and accounts payable.
Requirements
- 5+ years of relevant experience in finance and accounting, ideally with some exposure to a single-entity or rapid-scaling business where you owned the function.
- Strong, practical,
end-to-end knowledge of bookkeeping, GST, and direct taxation — not just oversight, but the ability to do the work.
- Up-to-date knowledge of all current taxation rules (GST and direct tax) and the ability to keep the company compliant as regulations change.
- Working understanding of FDI rules and regulations — foreign capital inflow, RBI reporting, and FEMA compliance for companies with foreign ownership — enough to manage the topic and coordinate effectively with the CA firm handling the filings.
- Experience preparing management reporting and dashboards (sales and finance).
- Hands-on experience with cash management, cash handling, cash deposits, and payments processing.
- Experience with budgeting and internal audit / internal controls.
- Comfortable coordinating with external CA firms, auditors, and consultants.
- Professional qualification preferred — CA / CA (Inter) / CMA / MBA Finance / M.Com.
- Proficiency with accounting software (Tally / Zoho Books / QuickBooks or similar) and strong Excel skills.
- Self-starter who can take charge, build from scratch, and work with minimal supervision.
Good to Have
- Prior experience in fitness, wellness, hospitality, retail, or another multi-revenue-stream consumer business.
- Exposure to cross-border structures, convertible instruments, or working with an overseas parent/promoter.
- Experience setting up finance processes and systems in a new or growing organisation.
What We Offer
- The chance to work in an energetic environment with a young and dynamic team.
- Complimentary access to all current and upcoming fitness centres. All employee benefits with respect to meal plans and other services.
- Comprehensive health insurance.
- The opportunity to build and lead the finance team, and grow up the ladder as the business scales.
- The experience of working with an international fitness brand.
Pay: ₹800,000.00 - ₹1,200,000.00 per year
Work Location: In person
📌 Finance Controller (Gurugram)
🏢 Spartan Fitness
📍 Gurugram