Head of Finance | Scrabble

Posted on November 6, 2024

Job Description

Who are WE? At Spyne, our mission is to revolutionize automotive retailing. Every year, 52 million cars are sold in the US, for a combined worth of $1700 billion, and, valuing the used-car market at $1000 billion. Our new-age, Generative AI-powered solutions are designed to transform the car visuals into premium studio visuals. Dealerships & marketplaces across the US & Europe, are able to better engage their online visitors, driving greater customer showroom visits, and eventually sales.   The Spyne team, located in Gurugram, India, aims to be the leading software provider in the used-car market, addressing all aspects of the dealer journey, from acquiring and appraising cars to listing, marketing, selling, and managing customer relationships. Supported by top investors like Accel Partners and Storm Ventures, as well as experienced founders, we believe in revolutionizing Digital Production for greater efficiency and intelligence. We are among the very few companies in Gen AI space in India, which has truly commercialized the AI, generating hard cash and revenues. We have been consistently featured among the top Gen AI startups coming out of India, and building for the globe. Read more about us here: Product - t.ly/dtOd0 Recent growth - t.ly/bOv3D     What are we looking for? We are looking for an ambitious and results-driven Head of Finance to join our core team! As a Director of Finance and Accounts you will be responsible for compliance of the Company's financial and fiscal policies, providing leadership and coordination in business planning, financial performance, accounting and Budgeting efforts. You will report to the CEO and be responsible for all financial matters of the company. The position will be responsible for all aspects of financial management, including corporate accounting, regulatory and financial reporting, budget and forecasts preparation, as well as development of internal control policies and procedures.   What you’ll do? 1) Financial Strategy and Planning: Developing and executing the company's financial strategy aligned with overall business objectives. This involves forecasting, budgeting, and financial planning to support growth initiatives and optimize resource 2) Financial Reporting and Analysis: Overseeing the preparation of accurate and timely financial reports, including income statements, balance sheets, and cash flow statements. Providing insightful analysis of financial performance to the executive team and board of director 3) Fundraising and Investor Relations: Managing relationships with existing investors and coordinating fundraising efforts for future rounds of financing. This includes preparing investor materials, participating in investor meetings, and ensuring compliance with regulatory requirement 4) Financial Operations and Controls: Establishing and maintaining robust financial processes, controls, and systems to safeguard company assets and ensure compliance with accounting standards and regulations. This includes managing financial transactions, tax planning, and risk management 5) Cash Management and Treasury: Optimizing cash flow and liquidity management to support the company's growth objectives. This involves monitoring cash balances, forecasting cash needs, and managing banking relationships 6) Strategic Financial Analysis: Conducting in-depth financial analysis and modeling to evaluate strategic initiatives, such as pricing strategies, market expansion opportunities, and potential acquisitions or partnerships 7) Cross-functional Collaboration: Working closely with other departments, such as sales, marketing, and product development, to provide financial insights and support decision-making across the organization. This may involve evaluating the financial impact of new product launches, customer acquisition strategies, and operational improvements 8) Team Leadership and Development: Building and leading a high-performing finance team capable of supporting the company's growth trajectory. This includes hiring, training, and mentoring finance professionals, as well as fostering a culture of accountability and continuous improvements 9) Performance Metrics and KPIs: Establishing key performance indicators (KPIs) and metrics to monitor financial performance, track progress against goals, and drive operational efficiency. This may include developing dashboard reports and performance scorecards for internal stakeholders 10) Mergers and Acquisitions (M&A): Evaluating potential M&A opportunities and leading financial due diligence processes for strategic acquisitions or partnerships. This involves assessing target companies, conducting financial analysis, and negotiating deal terms to maximize value for the company.   What you must have? <ul> <li>A Master's Degree in Finance / Professional Finance Qualification / CA/ ACCA or equivalent.</li> <li>8+ years of proven track record, preferably from a fast growing Series B/C stage B2B SaaS company with primary business in the US</li> <li>Strong financial acumen and analytical skills, with the ability to translate complex data into actionable insights.</li> <li>Experience managing financial planning and analysis (FP&A) processes, including budgeting, forecasting, and variance analysis.</li> <li>Solid understanding of GAAP/IFRS principles and financial reporting requirements.</li> <li>Excellent communication and interpersonal skills, with the ability to build relationships and influence stakeholders at all levels.</li> <li>Demonstrated leadership ability, with a track record of effectively leading and developing high-performing teams.</li> </ul>   Why Spyne? <ul> <li>We are a buzzing start-up trusted by the world’s leading investorsHighly meritocratic culture with a lot of autonomy and accountability.</li> <li>Best-in-class employee benefits, we provide the machine of your choice, and tools of your choice so that you can do your best work.</li> <li>We are obsessed with delivering the best experience to our customers and also obsess about delivering the best experience to all Spynians!</li> </ul>   We are in the growth stage. It's the best time to enter and grow 10X+ times with the company.