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BiteSpeed - Director - Finance

BiteSpeed - Director - Finance

BiteSpeedBangalore, India
27 days ago
Job description

Director - Finance | Early Stage SaaS Startup

About the role :

  • This role is about protecting a treasury that's growing quickly : ).
  • As we traverse the journey from $5M to $50M in ARR over the next couple of years, we want to ensure the highest level of financial rigour from the early days to lay a strong foundation for growth over the years.
  • This is our senior-most 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 CEO, executive team, and investors to develop and execute financial strategies that drive growth and profitability.

What you'll do :

  • 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.
  • Oversee completion of statutory audit from a big 4 audit firm.
  • What makes you a good fit :

  • 8+ years of experience in finance controllership, accounting, or a related field.
  • Building the finance function from 0-1 for a scaling SaaS company excites you.
  • You're open to being a generalist and adapting to the uncertainty of early stage.
  • You understand budgeting, forecasting, and financial reporting like the back of your hand.
  • Past experience working in SaaS accounting is an added plus.
  • (ref : iimjobs.com)

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