Chakr Innovation - General Manager - Corporate Finance

Chakr Innovation - Job Description

General Manager, Corporate Finance

Company Overview:

Chakr Innovation is a start-up founded by graduates from IIT Delhi. We are working on developing innovative hardware technologies to combat climate change. Chakr Innovation is a IIT Delhi incubated start-up, and have reaised over Rs. 25 crores from VC investors in India and the US.

Chakr Innovation has been awarded by United Nations Environment Programme (UNEP), Department of Science and Technology (DST), Government of India and Federation of Indian Chambers of Commerce & Industry (FICCI) and were also awarded as the most innovative hardware company by American Society Of Mechanical Engineers (ASME). The co-founders have also been chosen as Forbes Global 30 under 30 as well as Echoing Green Fellows.

Chakr Innovation has developed a patented technology, Chakr Shield, to control emissions from diesel generators. The technology can capture ~90% of particulate matter being emitted from diesel generators which has been verified by IIT Delhi and labs accredited by IS/ISO/IEC and NABL. Chakr has been working with some of the leading companies in India like Coca-Cola, Toshiba, Reckitt Benckiser, Tata Group, ITC, Asian Paints, Hindustan Unilever and many more.

Role Overview:

- As the General Manager finance you will perform a variety of accounting and financial duties for the organization.

- You will review accounting transactions and ensure their completeness and accuracy and will also serve as a liaison to other departments for accounting-related matters, as well as identify discrepancies in documents and reports.

- You will be responsible to reconcile data in financial statements, run financial reports, and prepare basic management information records. You will also administer fixed asset accounts and capital expenditures, as well as assist with work flow improvements throughout the organization.

Eligibility and Requirement:

The candidate should meet the following criteria:

- Chartered Accountant/MBA-Finance/CPA and undergraduate in Finance/Commerce

- Proven work experience of minimum 5 years in relevant field

- Knowledge of business accounting & finance systems

- Knowledge of financial statements

- Knowledge of Tally and QuickBooks

- Ability to build and understand detailed financial models

- Solid computer skills, including MS Office (Word, Excel & PowerPoint), Google Drive (Docs, Spreadsheets and Slides)

- Excellent communication and presentation skills

- Strong analytical skills with a goal-oriented attitude

- Passion for problem solving and creating an impact

Detailed Work Description:

The candidate will be primarily responsible for:

Financial Budget Management:

- Preparing and monitoring the monthly, quarterly and annual budget for the organization

- Coordinating with banks/NBFCs/Govt organizations to avail working capital loans

- Working with funding organizations to avail grants and manage the projects

Accounting:

- Being a key point of contact for other departments on financial and accounting matters

- Appropriate preparation of all financial reports and financial statements for management

- Working with accountants and auditors for bookkeeping and managing accounts

- Processing, recording, and payment of invoices, bills, taxes and other transactions

- Resolving outstanding payments through communication with departments, vendors, and clients

Compliance:

- Recording of fiscal transactions along with balancing and reconciling accounts

- Tracking and ensuring that company is meeting all financial, legal and secretarial compliances

- Working with the internal auditor for ensuring adherence to all financial and legal compliances

Investor and Board Management:

- Preparing MIS and updates for investors on a monthly basis

- Ensuring compliance based on the SHAs and agreements

- Arranging and managing Board meetings, approvals, discussion and follow up on actions

- Managing the inter-departmental coordination for all investor and board updates and compliance

- Supporting the Management with Projects, Reports and tasks when required