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Vice President Finance

Vice President Finance

Magma ConsultancyShimoga, IN
2 days ago
Job description

Senior Accountant / VP of Finance (Temporary, Full-Time | Remote)

Venture Capital Firm | US Time Zone (6pm-3am IST) | Big 4 Preferred

We are a venture capital firm  hiring a  Senior Accountant / VP of Finance  on a temporary full-time remote basis, with strong potential to extend. You will report directly to the Director and lead  month-end close, reconciliations, audit support, cross-border payments, and financial reporting .

Key Responsibilities

  • Own  month-end close , accruals, reconciliations, adjusting journal entries, and reporting.
  • Serve as  primary audit liaison ; maintain audit-ready schedules and controls.
  • Reconcile  Suspense / Clearing accounts  and implement preventive control policies.
  • Oversee  cross-border payments , tax treatment, and documentation for VC operations.
  • Manage workflows in  NetSuite, QuickBooks, or similar ERPs ; build and improve finance processes.

Mandatory 48-Hour Practical Test (Shortlisted candidates only)

  • 1-page  Month-End Close Checklist  for a ~5-person VC-backed firm
  • 3 Adjusting Journal Entries  (with workings) from a provided Trial Balance
  • Reconciliation  of a Suspense Clearing account + proposed policy
  • 250–400 word memo  on  cross-border payment tax / treatment  for VC firms
  • Must-Have Qualifications

  • 7+ years accounting experience ;  3+ years in a senior role  (Manager / Controller / VP Finance)
  • Big 4 experience ,  US education , or experience in a  VC / VC-backed / PE  environment
  • Strong  Excel , reconciliations, external audit, and financial controls background
  • Experience with  NetSuite, QuickBooks, or similar ERP systems
  • Excellent  written and spoken English ; available for  EU + US-time calls
  • Reliable internet; proven ability to work independently in a remote setup
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    Vice President • Shimoga, IN

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