Finance Controller - D2C Food Product Startup

ABOUT PRODENTIFY PROFESSIONAL SERVICES:

Prodentify is a boutique firm specialized in leadership recruitment consulting and focused on working with companies in the B2B, B2C and D2C domains, majorly cutting across technology services and technology product based/enabled businesses that operate in these areas.

From early-stage start-ups to growth stage companies to mid & large size enterprises, we have been a trusted partner to all our clients when it comes to supporting them on the most challenging, hard-to-fill hiring at the senior management levels.

For more details about Prodentify, please visit our website and follow us on iimjobs.com and LinkedIn.

ABOUT THE HIRING COMPANY:

Early-stage D2C FMCG product start-up, supported by leading Venture Capital funds.

Expected to close around INR 100 cr. in annual sales by the end of FY 2022-'23.

ABOUT THE JOB PROFILE:

Supported by the current team of 3, the incoming Finance Controller will lead and ensure the following for the business:

- End-to-end accounting including cost accounting, inventory accounting and revenue recognition

- Billing, AR, AP and GL (majorly AP)

- Data from the factories are well factored-in various processes and reports

- Reconciliation of quantity and monthly warehouse audits and related reporting

- Preparation and publishing of the budget and financial forecasts, report variances and monthly financial statements

- Regulatory reporting

- Regularly researching technical accounting issues for compliance

- Month-end and year-end closure

- Cost optimization

- Quality control in financial transactions and reporting

- Compliance with local, state, and central government reporting requirements

- Income tax and GST filings

- Payroll, PF and Gratuity management

- Banking

- Due diligence for fund/debt raising, including extensive preparation of reports and presentations for investor meetings (know-how of working/coordinating with venture capital or private equity partners is necessary)

- Represent the finance team at board/investor meetings along with the founding team

- Vendor/partner management

- Standardize processes and policies related to the finance function and/with a view to maintain and strengthen internal controls

- Train the team and keep them motivated at all times, and hire suitably to scale-up the team so that it is ready to meet the demands of the growing business

QUALIFICATIONS:

- Hustler; ready to work in a chaotic/unstructured environment; does not hesitate to do things on his/her own if/when required

- Experience at start-ups in the FMCG/consumer goods domain will be highly preferred

- CA, CMA or full-time MBA in Finance will be preferred

- Managerial experience in finance for a min. 3 to 5 years

- Overall experience of 8 to 12 years