Buyelectric.com - Vice President - Finance

Vice President- Finance(E-Commerce)- Exp: 5-10 years

About the company :

Buyelectric.com, is an exciting, growing, B2B online electrical store.in the rapidly growing local discovery space launched in the year 2015.

Company aspires to be a billion dollar company by 2020, with thousands of distributors & manufacturers of electrical and industrial products as sellers and over lacs of industries, contractors, builders, trade partners and retailers as customers.

Primary Responsibilities:

Direct and coordinate Capex and Opex financial planning and budget management functions in E-Commerce B2B Segment.

Making Roadmap for company expansion plans in various geographical locations as well online.

Relevant experience of pitchbook for B2B portal and business model preparation.

Can study data of various similar foreign success stories and replicate same in India.

Good at presentation to investors/banks and financial institutions and Venture Capital's.

Survey industry P&L analysis as well as trade segment to decided thrust area.

Recommend benchmarks for measuring the financial and operating performance

Monitor and analyze monthly operating results against budget

Oversee daily operations of the finance and accounting department

Manage the preparation of all financial reports

Manage the preparation of financial outlooks and financial forecasts

Prepare financial analysis for contract negotiations and product investment decisions

Ensure compliance with local, state, and federal budgetary reporting requirements

Work with department managers to develop five year business plans

Assist in establishing short- and long-range departmental goals, objectives, policies, and operating procedures

Design, establish, and maintain an organizational structure to effectively accomplish the departments goals and objectives

Serve on planning and policy-making committees

Serve as primary government liaison relative to financial issues

Coordinate financial audits and provide recommendations for procedural improvements

Debtor management and stock inventory management to release locked funds

Additional Responsibilities:

Represent the company externally to government agencies, auditors, and the general public

Recruit, train, supervise, and evaluate department staff

Provide accounting policy orientation for new staff

Coordinate with the management of the MIS department to ensure company objectives are met

Knowledge and Skill Requirements:

Masters Degree in Finance, Accounting, Business and Chartered Accounting with strong industry experience

Five (5) to Ten (10) years experience in a mid to senior level finance or accounting position, and an E-Commerce Startup (preferred)

Knowledge of finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles.

Knowledge of automated financial and accounting reporting systems.

Knowledge of central and state financial regulations

Ability to analyze financial data and prepare financial reports, statements and projections

Working knowledge of short and long term budgeting and forecasting, rolling budgets, and product-line profitability analysis.

Small and large project/program orientation

Ability to motivate teams to produce quality materials within tight timeframes and simultaneously manage several projects.