VP Finance Controller | Scrabble & Jigsaw

Posted on January 26, 2025

Job Description

<div>Purpose of the Role 1. Maintain liquidity and drive the financial health of the business to support rapid growth and scalability. 2. Ensure robust, transparent and accurate accounting/financial reporting. 3. Aid in building strong relationships with investors to secure subsequent rounds of funding. 4. Ensure compliance to statutory & regulatory requirements & best practices; setting up & managing FPA process and implementation of necessary internal controls/SOPs. 5. Effectively contribute to building an organization with supreme financial health & compliance, including building a risk-aware leadership Key Responsibilities 1. Business growth and scalability ➢ Be an effective 'checker' of sound financial management practices and aligning with the business goals. ➢ Oversee cash flow management and optimize capital availability to aid growth and rapid scale-up. ➢ Manage treasury operations, short-term investments, relationship with lenders, repayment obligations, maintain healthy leverage levels 2. Accounting /Financial Reporting ➢ Lead month-end and year-end accounts closing process. ➢ Ensure 100% readiness at all times for financial or legal or compliance due-diligence by lenders and investors ➢ Establishing and enforce accounting policies& Flag-off non compliances to CEO/Leadership in a timely manner. ➢ Collaborate with auditors and other stakeholders to ensure clean audits and quick closure of audit processes. 3. Relationships with Investors ➢ Preparing and presenting detailed financial updates and forecasts to investors on monthly basis. ➢ Providing all required assistance to the CEO/Founders to actively identify and pursue fundraising opportunities. ➢ Developing compelling financial narratives and investor communication strategies. ➢ Assisting the investors and their DD teams to conduct due diligence & Also aid in closing transaction documents. ➢ Represent the company’s financial health and performance in investor meetings and forums</div> <div>4. Compliance to Statutory & Regulatory Requirements ➢ Setting up & managing FPA process and implementation of necessary internal controls/SOPs ➢ Ensuring compliance with tax regulations, corporate laws, requirements as per SHA ➢ Building monthly budgeted financial statements (Accounting P&L, B/S, CF) & perform a comparative assessment of budget vs actuals. ➢ Monitoring key financial & accounting metrics, publish monthly MIS/Dashboards on financials, providing actionable insights to the CEO/Head-BizFin. ➢ Automating financial reporting processes and leverage including identifying and implementing most suited ERP solution. ➢ Monitoring evolving regulations and implementing necessary changes to financial practices. ➢ To be on top of quick-commerce / e-commerce-specific regulatory requirements and ensure alignment. 5 . Financial Health & Compliance. ➢ Building a risk-aware culture, assist the Leadership/Business teams in building robust fraud prevention mechanisms in the business ➢ Building processes and tools to scale up the organization, ensuring we are building for the future and building to be 'always ahead of the curve' ➢ Training and coaching business and operating functions on best financial process-compliance practices. Required Qualifications: Education: Chartered Accountant (CA), CPA, or equivalent advanced degree in finance or accounting. Experience: • Min 12+ years of progressive experience in finance and accounting, with at least 5 years in a senior leadership role. • Strong background in financial planning, analysis, and reporting. • Experience in managing complex budgets and multi-departmental teams. Technical Skills: • Proficiency in financial software and ERP systems (e.g., SAP, Oracle). • Advanced knowledge of financial modeling, valuation techniques, and business analytics tools. Core Competencies: • Strong leadership and interpersonal skills. • Strategic thinking with a results-driven mindset. • Excellent communication and presentation skills. • High level of integrity and ethics. • Exceptional problem-solving and decision-making abilities.</div> <div>Preferred Skills: • Experience in specific industries (e.g., manufacturing, Startups, technology, retail) • Familiarity with ESG (Environmental, Social, Governance) financial reporting. AboutWheelocity: At Wheelocity, we’re building the rails for Bharat-Commerce. We believe the next wave of India’s digital commerce growth will come from beyond the top 200 cities. The next explosion in the India story will be powered by the 800 million Indians living in the semi- urban and rural parts of India (Bharat). These markets are currently grossly underserviced, across categories, due to: (a) broken supply chain infrastructure, (b) lack of tech adoption by consumers, (c) high cost of customer acquisition, and (d) high levels of heterogeneity. As a result, these markets have not reaped the benefits of the digitization wave of India. And we’re fixing that. Through our very unique “Bharat-First” approach, we have built a stack (supply chain, tech, marketing, service delivery model) that is uniquely tailored to service the needs of this market. Our ‘phygital’ & high-frequency supply chain solves for the long trust-bridge that exists in the Bharat population, while also building the lowest cost rails to acquire customers and service this market. This will help us unlock the true power of the $1.1 trillion market that is hidden in these pockets of Bharat. We’re already servicing 3500+ villages and towns of India, and are on the verge of massive 6x growth over the next 12-18 months. Our team of 120 passionate individuals, spread across Bangalore & South Tamil Nadu, is tackling this challenge head-on. We value culture very strongly, and are always looking for hungry hustlers looking to create impact, and touch the lives of 800 million people. Visit www.wheelocity.com for more details. Let’s work together to build the infrastructure that empowers Bharat and transforms lives.</div>