Senior Manager Finance

4 days left

Testbook Edu Solutions
Mar 28, 2024
Apr 29, 2024
Manager, Staff, Senior
Work Mode
Full Time
Organization Type
About Us:

The fastest-rising start-up in the EdTech space, Testbook is poised to revolutionize the industry. With a registered user base of over 3.2 crore students, 750+ crore tests solved on the WebApp, and a knockout Android App, Testbook has raced to the front and is ideally placed to capture bigger markets.

The IIT pedigree of the co-founders has attracted some of the brightest minds in the country to Testbook. A team that is quickly swelling in ranks, it now stands at 900+ in-house employees and thousands of remote interns and freelancers. And the number is rocketing weekly. Now is the time to join the force.


We are seeking a highly qualified and experienced Chartered Accountant with a background in the e-commerce/startup industry to join our team as a Senior Manager. The ideal candidate will have a strong knowledge of accounting principles, compliance regulations, and financial reporting, along with proficiency in accounting software such as Tally, SAP, or ZOHO.

Key Qualifications and Skills:
  • Chartered Accountant: Qualified Chartered Accountant with 7-8 years of experience, preferably in the e-commerce/startup industry.
  • Article-ship Experience: Prior article-ship experience from a Big 6 or Medium-sized CA firm is preferred.
  • Accounting Software: Operating knowledge of Tally, SAP, or ZOHO.
  • MS Office: Proficiency in MS Office is a must.
  • Financial Compliance: Good knowledge of IND AS, GST, TDS, Income Tax, The Companies Act, SEBI, and MCA compliance.

  • Responsibilities:

    1) Financial Planning and Budgeting:
    • Develop and manage the annual budgeting process in coordination with department heads and senior management.
    • Create budget models, analyze variances, and provide recommendations to ensure alignment with organizational goals.

    2) Forecasting and Scenario Analysis:
    • Prepare accurate and timely financial forecasts considering different business scenarios, market trends, and internal dynamics.
    • Conduct sensitivity analysis to assess the impact of potential changes on financial outcomes.

    3) Financial Analysis and Reporting:
    • Analyze financial data, trends, and key performance indicators (KPIs) to provide actionable insights to senior management.
    • Generate regular and ad-hoc financial reports, including variance analysis and performance dashboards.

    4) Financial Reporting and MIS:
    • Overall responsibility of all the GLs creations, nature of the booking, and closures.
    • Consolidation of financials MIS
    • Closure of Daily BRS.
    • Booking of all provisions of expense.
    • Monthly closure of the books by M+1
    • Preparing various expense schedules and balance sheet schedules.
    • Preparing monthly MIS with schedules of all the expenses and balance sheet items.
    • Preparation and maintenance of FAR.
    • Calculation of other income - Accrued income & capital gain
    • Analyzing the monthly cost and providing the reason for the variance.
    • Preparation of financial statements, budgeting, and AOPs.
    • Working with external stakeholders like auditors, lawyers, etc.
    • Investor reporting & MIS.
    • Plan for the implementation and convergence of the financials and taking the impact of IndAS adjustments.
    • Responsible for all accounting activities and tracking whether the compliances with various statutes are met.
    • Creation of Process notes, accounting notes, and guidance notes.

    5) Profitability and Cost Analysis:
    • Assess product/service profitability, cost structures, and pricing strategies to enhance overall business profitability.
    • Identify cost-saving opportunities and operational efficiencies to optimize resource allocation.

    6) Financial Modelling:
    • Build and maintain financial models to support strategic decision-making, including mergers, acquisitions, investments, and capital allocation.

    7) Process Improvement:
    • Identify opportunities to enhance financial planning and analysis processes, tools, and methodologies.
    • Implement best practices and drive continuous improvement initiatives within the FP&A function.

    Behavioral Skills:

    Team Player: Strong ability to work collaboratively as part of a team.

    Communication: Excellent oral and written communication skills.

    Proactive: Self-starter with a proactive approach to problem-solving.

    Adaptability: Willingness to accept and thrive in challenging situations.

    Pressure Handling: Ability to work under pressure while maintaining coordination within the team.