Finance Manager | Scrabble
Job Description
Senior Finance Manager Bengaluru About Us: Bzaar is a cross-border platform enabling US retailers and brands to source transparently from India. We are powering the ‘China+N’ shift to India in consumer goods by investing in manufacturing, factory automation, talent and processes.Today our manufactured goods are available at top US retailers including TJX and Meijers. We are strong believers in the power of technology, design and automation to create world-class products for global consumers. We are looking for a highly skilled finance expert to oversee all financial aspects of business and drive sustainable growth. The role is based in Bangalore. Why work at Bzaar? ● Opportunity to work in a global company, gain experience in India & US finance ● Best combination of Salary + ESOPs + promotions + aggressive growth prospects! ● Work closely with founders and a young entrepreneurial team in building the business ● High ownership role in a fast-paced environment ● Fast career growth prospects This is our first hire in finance and you’ll be responsible for overseeing all financial operations of the company, including budgeting, forecasting, financial reporting and day-to-day financial operations. It involves working closely with the founders/founding team, and investors to develop and execute financial strategies that drive growth and profitability. What You’ll Do ● Accounting: Manage entire operations of accounting from proper accounting methods to ensuring annual audits ● Tax & Compliance: Work with Tax firm to ensure proper execution, also explore opportunities to optimize on export taxes ● AP & AR: setup and drive regular rhythm to ensure that collections and payments are on-time; create systems to automate flows and drive efficiencies ● MIS & Fundraising: Complete ownership of business planning / budgeting and compliance / due-diligence and structuring/reporting business metrics.j ● Financial Health: evaluate, structure and implement cost-saving strategies to improve f inancial efficiency. This will include - ● Own and execute all financial operations like payroll processing, vendor payouts and collections (accounts receivables) ● Oversee and ensure adherence to all statutory compliance requirements, including Provident Fund (PF), Professional Tax (PT), and Goods and Services Tax (GST), etc. ● Develop and maintain financial models to support the company's strategic planning and decision-making processes ● Manage the budgeting and forecasting process, working closely with department heads to ensure accurate and timely financial reporting ● Oversee the company's cash management, including monitoring cash flow and optimising working capital ● Manage relationships with external stakeholders, including investors, banks, and auditors ● Support fundraising efforts, including developing investor presentations and financial projections ● Develop and implement financial policies and procedures to ensure compliance with regulatory requirements and best practices ● Drive operational efficiency by monitoring costing activities and identifying saving initiatives. Desired Candidate Profile ● Ethical, hardworking, and passionate about building business ‘0 to 1’ ● 8+ years of experience in Finance and Accounting, ● Disciplined & process oriented ● Excellent structured problem-solving ability ● Be comfortable with Finance Operations ● Plus: experience in international finance; working capital financing;