Senior Manager, Finance and Accounts

Company Overview

Silo Fortune is a rapidly growing company in the agri-tech and agri-products sector, focusing on building AI-enabled products for Indian farmers, including crop advisory and dairy health solutions. With the industry projected to reach a market value of ~ US$30 billion by 2030, Silo Fortune is positioned to drive digital and AI adoption in farming and dairy industries.

Job Summary

As the Senior Manager of Finance and Accounts, you will oversee the day-to-day finance and accounts functions, ensuring compliance and governance while partnering closely with the CFO, CEO, and founder for future fundraising initiatives. You will manage a small in-house team and be responsible for comprehensive financial oversight.

Responsibilities

• Own accounts payable, accounts receivable, general ledger, monthly book closure, and multi-entity consolidation, ensuring clean elimination of intercompany balances at every close.
• Manage revenue recognition policies and execution across various revenue streams including in-app, D2C, retail, and B2B, ensuring all documentation is audit-defensible.
• Oversee all banking operations including account management, transfers, treasury planning, working capital, and salary disbursement, coordinating approvals for significant payments.
• Ensure compliance with GST, TDS, and all statutory requirements, guaranteeing zero tolerance for missed filings through monthly returns, audits, and ROC/MCA filings.
• Design and maintain robust internal financial controls across approvals, payments, expenses, and revenue cycles.
• Prepare monthly Profit and Loss (P&L) statements with variance analysis, develop rolling forecasts, and construct annual budgets in collaboration with department heads.
• Produce monthly and quarterly reports for investors, lead data room preparation, and conduct financial due diligence for future fundraising rounds.
• Review and manage vendor, customer, and partner agreements while maintaining an agreement register.
• Build and lead the in-house finance team, serving as the primary resource for all finance and accounts inquiries within the company.

Qualifications

• Education: Bachelor's degree in Finance, Accounting, or related field; Chartered Accountant (CA) certification is preferred.
• Experience:
  • 10+ years of progressive experience in finance, accounting, and internal financial controls, ideally in a growth-stage company, mid-market business, or startup.
  • Hands-on experience in accounts payable (AP), accounts receivable (AR), general ledger (GL), multi-entity consolidation, treasury, payroll, and statutory compliance.
• Technical Skills:
  • Strong knowledge of GST, TDS, and Income Tax with practical experience in filing returns, handling notices, and managing assessments.
  • Expertise in preparing P&L statements, cash flow projections, and rolling forecasts independently.
  • Proven track record in designing and operating internal financial controls in a business environment.

Preferred Skills

• Familiarity with financial software and enterprise resource planning (ERP) tools.
• Excellent analytical, problem-solving, and organizational skills.
• Strong communication and interpersonal abilities to effectively collaborate with various stakeholders.

Experience

• A minimum of 10 years of relevant experience in finance and accounts, particularly in settings that require a strong grasp of financial governance and compliance.

Environment

• This position is based in J P Nagar, Bengaluru, with a work-from-office setup for five days a week. The work environment is dynamic, requiring collaboration with various departments and leadership.

Salary

• Salary information is not specified.

Growth Opportunities

• Opportunities for advancement may include higher managerial positions within the finance department or broader executive roles as the company grows.

Benefits

• Additional benefits are not specified.