Senior Manager Finance

4 days left

Employer
Testbook Edu Solutions
Location
India
Posted
Mar 28, 2024
Closes
Apr 29, 2024
Ref
4435770891
Level
Manager, Staff, Senior
Work Mode
Remote
Hours
Full Time
Organization Type
Corporate
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.