NxtWave - Finance Manager - CA

NxtWave is one of India's fastest-growing Ed-Tech startups. NxtWave is revolutionizing the 21st-century job market by transforming youth into highly skilled tech professionals irrespective of their educational background with its CCBP 4.0 programs.NxtWave is founded by Rahul Attuluri (Ex Amazon, IIIT Hyderabad), Sashank Reddy (IIT Bombay) and Anupam Pedarla (IIT Kharagpur).

In February 2023, NxtWave raised 275 crore led by Greater Pacific Capital, a leading international private equity firm. The startup is also backed by Orios Ventures, Better Capital and marquee angels, including founders of some of India's unicorns.

NxtWave is an official partner for NSDC, under the Ministry of Skill Development & Entrepreneurship, Govt. of India, and recognized by NASSCOM, Ministry of Commerce and Industry, Govt. of India, and Startup India. The startup has received accolades as The Greatest Brand in Education in a research-based listing by URS Media, a leading international media house.By offering vernacular content and interactive learning, NxtWave is breaking the entry barrier for learning tech skills.

Learning in their mother tongue helps learners achieve higher comprehension, deeper attention, longer retention, and greater outcomes.NxtWave now has paid subscribers from 450+ districts across India. In just 2 years, CCBP 4.0 learners have been hired by 1700+ companies including Google, Amazon, Nvidia, Goldman Sachs, Oracle, Deloitte, and more.

Scale at which we operate on tech level (as on July 22)

370 Cr+ learning minutes spent

69 Cr+ Code Runs

4.2 Bn. + API Requests Handled by our servers

Key Responsibilities:

Comprehensive Financial Management:

- Accounting Excellence: Oversee all facets of the accounting process, including accounts payable, accounts receivable, general ledger maintenance, and payroll, ensuring the precise and timely recording and reporting of financial transactions.

- Tax Compliance: Lead the preparation and filing of all requisite tax returns, encompassing corporate income tax, sales tax, and payroll taxes, while remaining compliant with all applicable laws and regulations.

- Treasury Management: Manage the company's treasury functions, overseeing cash flow management, investment strategies, and debt management to guarantee the company's liquidity and fulfillment of its financial obligations.

- Audit Governance: Oversee both internal and external audit processes, liaising with auditors to prepare for audits and address any audit findings. Collaborate closely with auditors to ensure the company's financial statements adhere to accuracy and compliance with all relevant regulations.

Strategic Projects:

- IND AS Convergence: Lead the conversion of the company's financial statements from Indian GAAP to IND AS, working closely with the VP Finance. This encompasses developing a comprehensive project plan, managing the implementation process, and facilitating the training of the finance team on the new accounting standards, all in alignment with the company's growth strategy.

- IFC Implementation: Execute the implementation of IFC's Performance Standards for Financial Institutions. This includes crafting essential policies and procedures and conducting training sessions to acquaint the finance team with the new requirements, ensuring they contribute to the company's growth and regulatory compliance.

- NetSuite Integration: Oversee the integration of the company's financial systems with NetSuite, aligned with the strategic direction provided by the VP Finance. This will entail comprehensive project planning, meticulous management of the implementation process, and rigorous system testing, all aimed at supporting company growth.

- MIS Enhancement: Drive the restructuring of the company's Management Information System (MIS) to enhance efficiency and reporting. This will involve the creation of innovative reports, dashboards, and visualizations to provide valuable insights for decision-making and growth.

- Strategic Financial Policy Development: Develop and implement comprehensive financial policies and procedures aligned with the overarching business strategy of the company.

- Continuous Process Improvement: Identify opportunities for process enhancement within the finance department, focusing on automation, workflow optimization, and cost reduction.Cross-Functional Collaboration: Foster close collaboration with other departments to ensure that the finance department effectively meets their financial reporting needs and supports strategic initiatives.

- Budget Oversight and Forecasting: Take charge of the budgetary and forecasting processes within the finance department. This includes setting annual budgets, meticulous spending tracking, and the development of accurate financial projections, all with the overarching goal of contributing to the company's growth and financial stability.

- Team Leadership and Development: Lead and nurture the finance team, providing coaching and development opportunities to help them reach their career goals and achieve peak performance.

Desired QualificationsTechnical Skills:

- Chartered Accountant (CA) with a minimum of 2-4 years of post-qualification experience preferably from a Big 6 Audit background (Deloitte, EY, PwC, KPMG, BDO & GT)

- Demonstrated ability to lead and manage a finance team.

- Profound knowledge in accounting, taxation, and treasury management.

- Preferred experience with IND AS, IFC, NetSuite, and MIS systems, all in pursuit of the VP of Finance's strategic vision for the company.

Non-Technical Skills:

- Excellent communication skills.

- Cooperative and collaborative mindset.

- Strong team and time management capabilities, working together with the VP of Finance to meet growth milestones.

- Adaptability to dynamic environments.

- Proactive problem-solving aptitude, essential for addressing financial challenges.

- A resolute "go-getter" attitude, driven by the common goal of contributing to the company's overall success.

Work Location & working days:

NxtWave's office in Hyderabad

5 days working