Vice President - Finance

Vice President - Finance

Job Description:

We are looking to add VP of finance to a e-commerce company backed by marquee investors like 3one4 Capital and Fireside venture .

Responsibilities :

- Lead the finance function in a hands-on manner and partner with the business leaders in building and implementing a strategic growth vision for the company.

- In addition, the role requires to streamline the existing financial systems and processes in line with the growth agenda.

- You will be a key partner to the founders / the management team and will be instrumental in managing investors, advising the business on diligence, planning for further business expansion and growth.

- You will be responsible for overseeing all fiscal and fiduciary responsibilities for the organization, in conjunction with the founder

- Lead all aspects of the day-to-day finance operations of the company including statutory compliance, risk and governance functions.

- You will be the main convener of the Audit and Statutory Committee of the Board.

- Help shape the strategy, finance, and operational excellence agenda and drive execution of these plans through the team and in collaboration with the founders & the business leaders.

- Plan, develop, organize, implement, direct and evaluate the organization's fiscal function and performance.

- Manage profitability of the business through cost controllership.

- Ensure effective working capital management and optimal utilization of available funds

- Streamline financial systems and processes from a people and process standpoint.

- Build a high quality and motivated finance team

- The entire treasury, accounting, and day-to-day cash management will be under your leadership

Responsibilities:

Treasury Management:

- Supporting the fundraising efforts of the founders, where needed, by developing deep relationships with Banks/NBFCs etc.

- Being the main SPOC for financial and other Due Diligence as required by the investors.

- Leading the fundraising initiative of the Company to ensure clear visibility of funds/credit limit for ensuring the AUM growth and Cash Flows.

- Representing the company in front of Institutional Investors, PE firms, Mutual Funds, Banks, FI, FIIs, Rating Agencies, Debenture Trustees, Registrars, and Brokers/intermediaries to ensure that adequate credit limits are available

- Supporting the development of executive-level analysis, briefings, & reports for and to senior leadership

Strategy:

- Assessing organizational performance against both annual budgets and business strategy.

- Developing tools and systems to provide critical financial and operational information to make actionable recommendations on both strategy and execution plans.

- Strategic planning, budgeting, and reporting to ensure the financial viability of business transactions, and robust management information systems are in place.

- Engaging the audit, and investment committees around issues, trends, and changes in the operating model(s) and operational delivery.

Financial Management and Control:

- Managing all finance and accounting operations

- Directing the preparation of the budget and financial forecasts and report variances

- Ensuring quality control over financial transactions and financial reporting

- Preparing and publishing timely monthly financial statements

- Ensuring compliance with government reporting requirements and tax filings.

- Developing and documenting business processes, and accounting policies to maintain and strengthen internal controls

Role Requirements:

- CA / MBA (Finance) from premiere institutes preferred with 14-15 years of related experience

- Open to travel frequently for Fundraising and other financial business strategy initiatives.

- Demonstrated ability or track record of managing relationships with banks and resource mobilization.

Key Competencies & Skills:

Strategic Thinking:

- The role must be able to think strategically and develop long-term financial plans that support the company's growth and profitability goals.

- You should be able to identify and evaluate opportunities for investment and growth and provide recommendations to the CEO and executive team.

Leadership and Team Management:

- The CFO must be an effective leader and manager, with the ability to build and lead a high-performing finance team.

- You should be able to provide guidance and mentorship to the finance team and communicate effectively with other departments

Communication Skills:

- The role must have excellent communication skills, with the ability to effectively communicate financial information and insights to a variety of stakeholders, including the CEO, board of directors, investors, and internal stakeholders.

- You should also be able to communicate financial information in a way that is easily understandable to non-financial stakeholders.

Risk Management:

- The role must be skilled in risk management, including identifying potential financial risks and developing strategies to mitigate those risks.

- You should be able to develop and implement internal controls and procedures to ensure compliance with financial regulations and minimize financial risk.

Adaptability:

- The CFO must be adaptable and able to work in a fast-paced, rapidly changing environment.

- You should be able to quickly adjust your financial strategy in response to changes in the market or the company's goals.