Khatabook - AD/Director - Business Finance

AD/Director Business Finance

Please Note We are currently accepting candidates from Lending Background experience only.

Are you passionate about solving roadblocks & challenges faced by MSMEs in India

MSMEs contribute significantly to India's total GDP. 90% of India's ~$1 Trillion Retail Market is controlled by MSMEs. Which means ~$900B worth of commerce flows through these ~60M MSMEs in the form of shops/kiosks/homes, scattered all over the country.

We at Khatabook, have built a product that saves time of MSMEs by managing their credit, and creating transparency in cash flow, henceforth increasing trust with their consumers and that paved the path for us to become India's fastest-growing fintech company.

Why work with us:

People are our biggest asset! At Khatabook, every one of us is a dynamic superstar. We have carefully bred an ecosystem which hires nothing but incredibly and exceptionally talented people who can dream, collaborate, experiment, and break new ground. We're a strong team that looks out for each other.

Your role:

We, at Khatabook, are looking for a Associate Director/Director, Finance leading Business Finance Vertical of Finance Team, who has a deep experience in partnering with credit teams of Financial Institutions, is a great communicator, is self-motivated, and is intensely detail-oriented. The role will report into VP- Finance and will include partnering with functional heads and management teams.

What would you do at Khatabook:

- Lead the planning cycle - Annual Operating Cycle including and the reporting cycle of P&L outcomes -Revenue /Cos

- Develop new metrics for driving business performance relative to strategic priorities and minimizing risk

- Execute accurate reporting that enables sound analysis and financial recommendations - Lead Team of small team of 3-4 business manager for business finance for business categories for SaaS products and Lending products

- Collaborate on the key tactical and organizational areas of budgeting and control, capital investments and resource management

- Develop systems to continually improve the standards and benchmarks in Budgeting, Financial Projections and Operating Forecast

- Partner with various stakeholders - Business, Projects, Operations, HR, Finance and other functions to evaluate and develop new standard reports to review business performance

- Present detailed financial and operational analysis measuring financial and non-financial indicators, identify reasons behind company performance on monthly and quarterly basis

- Evaluate SaaS Metrics such as LTV , ARR , Subscription based Unit economics for Existing and New SaaS products.

- Evaluate lending portfolio risk areas of Risk/Credit analysis related metrics and their implications (example NPA , Risk of Lending Product Products , Bounce Rate, Monthly Delinquency analysis) to keep control on early delinquencies

- Drive down inefficient costs and optimize for steady-state costing. Also setting up necessary processes & control for achieving sustainable optimal cost.

What are we looking for:

- 5-8 Years of experience post qualification.

- MBA/Master's in Finance/Strategy /CA is preferred.

- Have relevant experience in leading business finance teams and work tracks including Business Finance - AOP , FPA & preparing management reports

- Work experience in FinTech Companies is preferred

- Are efficient to partner/collaborate/co-lead business track with non-finance functions ie Business & Tech Functions.

- Are able to use business reporting tool/ERP's and proficiency with data analytics tool is an advantage.

- Have a proven track record of decision making and problem solving based on analytics.

- Have conceptual thinking skills complemented by strong quantitative orientation, given that a large part of the business is based on rigorous analytic marketing & credit risk management.

- Have a successful track record of thriving in a fast paced, entrepreneurial and dynamic environment.

About Khatabook:

We exist to empower India's 60 Million strong MSMEs. Our users' motives, methodology, expectations and behaviour are significantly different from our own when they interact with the internet and technology ecosystem which makes it harder to build for them, to solve that. Our first offering - is an Android App that has been downloaded over 10 crore+ times, which has resulted in having an active merchant base of over 9 million users.

As more businesses are adopting digital for business than ever before, Khatabook's goal can be summed up simply - Empowering merchants by simplifying their business by

- Building a complete business management platform.

- Providing the power of technology to an underserved segment.

- Helping businesses to grow by providing them with ammunition of insights & digital reports.

- Offering a financial services platform catering to the specific needs of the MSME space.

We are an equal opportunity workplace. We expect your authentic, original selves at work always and stand against discrimination on the basis of caste, creed, gender, religion or backgrounds