akPay Digital Pvt. Ltd.

• Salary: Not disclosed
• Location: Mumbai
• Key Skills: Accounting

Job Description:

Job description Job Title Finance Head - Fintech Industry DepartmentFinance LocationAndheri Reports toChief Executive Officer (CEO) Job TypeFull-Time Job Overview: - The Finance Head in a fintech company is responsible for overseeing the entire financial strategy and operations of the organization. - This includes managing financial planning, budgeting, forecasting, risk management, financial reporting, and ensuring compliance with relevant regulations. - The Finance Head will play a strategic role in supporting the company's growth while optimizing financial performance, managing cash flow, and providing actionable insights to senior leadership for decision-making. - The individual in this role will lead the finance team, work closely with other departments, and provide oversight on financial systems and processes to ensure operational efficiency and scalability. Key Responsibilities: Financial Strategy and Planning: - Lead the development and execution of the company's financial strategy in alignment with business goals and objectives. - Develop and oversee long-term financial planning and forecasting processes, ensuring that financial resources are allocated effectively. - Work closely with senior leadership to define the financial vision of the company, contributing to strategic decision-making and organizational growth. - Analyze financial trends and market conditions to provide insights that guide the company's strategic direction. Budgeting and Financial Management:- Oversee the company's budgeting process, ensuring alignment with business goals and cost controls.- Ensure that financial plans are flexible enough to accommodate changes in the business environment, such as market fluctuations, regulatory changes, or product developments.- Manage financial performance, providing variance analysis, identifying risks, and recommending corrective actions to stay on track with financial targets. Financial Reporting and Analysis:- Direct the preparation of monthly, quarterly, and annual financial statements, ensuring accuracy, transparency, and compliance with accounting standards.- Provide in-depth financial analysis and insights to senior management, including profitability, cost analysis, cash flow management, and other key performance indicators (KPIs).- Ensure that financial reporting complies with regulatory standards and industry best practices, including taxation, audits, and financial disclosures. Cash Flow and Working Capital Management:- Oversee the company's cash flow, ensuring adequate liquidity for operational needs and strategic initiatives.- Manage working capital, optimizing the balance between receivables, payables, and inventory to ensure financial stability.- Work with banks, investors, and other financial partners to manage credit lines, debt facilities, and funding requirements. Risk Management and Compliance:- Identify and mitigate financial risks, including operational, credit, and market risks, by implementing strong internal controls and financial policies.- Ensure compliance with all regulatory requirements related to financial reporting, taxation, and other fintech industry-specific regulations.- Lead the preparation for audits and ensure smooth interaction with external auditors, addressing any issues or findings from audit reports. Fundraising and Investor Relations:- Collaborate with the CEO, CFO, and other stakeholders to support fundraising efforts, including equity or debt funding, ensuring optimal capital structure.- Manage relationships with investors, ensuring transparency and effective communication regarding financial performance and strategic initiatives.- Prepare financial materials and presentations for investors, stakeholders, and potential partners. Team Leadership and Development:- Lead, mentor, and manage the finance team, ensuring a collaborative and performance-driven environment.- Set clear objectives and key results (OKRs) for the finance team, conducting performance reviews and providing development opportunities.- Foster a culture of continuous improvement