Finance Associate- WestBridge | Scrabble
Posted on February 19, 2024
Job Description
5-6 people team, will work like that.
<div>One colleague is on mat leave till september. husband has to move to dubai for work. </div> <div>Looking for her replacement. </div> <div> </div> <div>Looking at <br /> she was CA 2014 - 10 years of exp. Has worked with us for mor than 5 years. </div> <div>Now looking for 2-4 year post qualification experience. </div> <div>First attempt, rank holders, sharp analytical skills, </div> <div>Not a very defined role. </div> <div>End to end finance. Accounting, reporting, analytical work, ops, banking, treasury.</div> <div> </div> <div>Dont have a large team. </div> <div>Does not get involved in portfolio., </div> <div>Finance for fund, investors also. nothing with portfolio. </div> <div>valuations side lot of work is there but its more of a coordination with portfolio and providing data to a third party valuation team. </div> <div>No service for portfolio.</div> <div> </div> <div>Closed a similar role for eight roads. </div> <div>Talent comes from :</div> <div>1. big4, M&A tax structuring team, DD. Generally funds create talent at this pool</div> <div>2. Existing funds - no. </div> <div>3. Good first attempt CA with good companies, accounting/fpna</div> <div> </div> <div>This role will involve core accounting a lot. putting data entry into the accounting system is important. </div> <div>Never hired anthing from the fund,</div> <div>General accounting and general reporting. </div> <div> </div> <div>Growth path for these guys: every two years role doesnt change</div> <div>we are not structured like corporate companies. </div> <div>horizontal expansion happens basis skill set</div> <div> </div> <div>Lot of learning opportunities. not a monotonous job. </div> <div>within 1-1.5 years you become very independent. </div> <div>can lead controller roles independently</div> <div> </div> <div>Max to max 45 start with 25</div> <div>grounded, humble, dont throw weight around. </div> <div>work speaks for you. </div> <div> </div> <div>IT companies - infosys, wipro - wont work. </div> <div>5 days a week from office. </div> <div>Max of 4 rounds of discussions. </div> <div>Vikas will only do 2-3 rounds. </div> <div> </div> <div>Fund size - 9bn</div> <div>FS, consumer retail, saas </div> <div>invest to exit - thats not the theory</div> <div>we look for majority stakeholder</div> <div>we dont do 2nd 3rd round quickly </div> <div>we dont exit quickly </div> <div> </div> <div>have our own 100% owned incubating startups. </div> <div>diversified. </div> <div>60+ portfolio</div> <div>we have reached this size in 10-12 years. </div> <div>earlier we were part of sequpia so 2011 started from scratch. </div>