Head Finance | Scrabble
Posted on December 6, 2022
Job Description
<div>About us:</div>
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Fisdom is a leading digital wealth management platform. Fisdom blends cutting-edge technology with conventional wealth<br />
management wisdom to make superior advisory accessible to all. Our focus is to help everyone maximize his/her wealth.<br />
We serve more than a million customers through our unique solutions across savings, investments and taxation. We are<br />
led by a stellar management team and backed by marquee investors. For more info, visit: www.fisdom.com.</div>
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<div>Summary/Objective:<br />
Acting as a strategic business partner to senior executive leadership team. The CFO will work with the CEO, founders and<br />
the board to drive key initiatives in business finance (monthly reporting, forecasting, budgeting, modelling) and fundraising.</div>
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<div>Key Responsibilities:</div>
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<div>Budgeting and Financial Planning<br />
• Develop annual operating plans and long-range plan – top down and bottom up<br />
• Create and keep updated the long-term financial model of the company<br />
• Ensure delivery of the plans (execution of the "how-list" and "pre-mortem" impact on metrics)<br />
• Prepare and present monthly financial budgeting reports including monthly profit and loss by division, forecast vs. budget by division as well as cash flow.<br />
• Supervise creation of reports, software implementation and tools for budgeting and forecasting.</div>
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<div>Governance<br />
• Ensure effective governance of company matters through developing/implementing adequate financial procedures and controls<br />
• Track the actual performance against the plan and develop/maintain an effective reporting framework to the board of directors.<br />
• Represent company to banks, financial partners, institutions, investors, public auditors and officials.</div>
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<div>Investor Relations<br />
• Interact with the Board of Directors and investors and appraise them of the progress on financial plans and Corporate governance matters<br />
• Be a part of future fundraise processes and assist the CEO in managing end to end fundraise including creation of data rooms and due diligences<br />
• Interact with prospective investors and create a positive impression of the company</div>
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<div>Accounting and Control<br />
• To manage and provide leadership to the Accounts team ensuring it produces timely, accurate and useful financial<br />
information<br />
• Oversee the accounting processes in accordance with applicable regulations and generally accepted accounting<br />
principles.<br />
• Control and account for the revenue and expenses required in the normal operations.<br />
• Manage treasury operations including cash management, accounts payable and disbursements for the operations of the units ensure the accounting procedures and internal controls are kept under continuous review and are appropriate to the activities of the Company<br />
• Provide safekeeping, including proper storage and access for all contracts, leases and other financial records<br />
• Enhance and implement financial and accounting systems, processes, tools and control systems<br />
• Serve as a key point of contact for external auditors</div>
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<div>Job Specifications: This is a full-time role.</div>
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<div>Education: Bachelor’s degree; Chartered Accountant or MBA preferred</div>
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<div>Skills/Competencies:<br />
• Ability to identify the key business drivers of each business unit and associated leading and lagging indicators, cost drives and revenue drivers<br />
• Ability to create financial statements including direct and indirect costs for various functional units<br />
• Ability to build relationships with internal and external leaders<br />
• Excellent skills in Microsoft Office – Excel, Word and Power Point</div>
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<div>• Ability to analyze large amounts of data, synthesize and present meaningful observations and recommendations<br />
• Excellent written and oral communication skills<br />
• Must be a self-directed person with ability to manage competing priorities and thrive under pressure and uncertainty<br />
• Understanding of fintech models will be a plus</div>
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<div>Experience:<br />
• Overall experience of at least 12 years. Minimum of 7 years in business finance in senior position or investment banking or venture capital in a corporate, startup, or venture capital;<br />
• Experience in fundraising is an added advantage.<br />
• Understanding of advanced accounting, regulatory issues, and tax planning</div>
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<div>Why join us and where?<br />
We have an excellent work culture and an opportunity to be a part of a growing organization with immense learning<br />
possibilities. All of this, along with top of the line remuneration and challenging work.<br />
You will be based out of Bangalore.</div>