Senior VP Finance Accel Company - B2B SAAS

Senior VP of Finance
Company : Accel Portfolio company (B2B SAAS)
Location: Bangalore

As the Senior Vice President of Finance you will play a pivotal role in the companys financial leadership team. This position requires an accomplished finance executive with a strong background in managing finance teams driving financial strategy and ensuring robust financial operations. You will work closely with the senior management and directly report to the CEO to ensure operations remain on track to hit milestones. You get to conduct brainstorming sessions on a regular basis with the CEO and COO along with senior management to build and deploy financial models complex financial strategies fund flow models and roadmaps.

Requirement:

Financial Strategy and Planning:
Develop a robust financial strategy aligned with the companys goals.
Create detailed financial models projecting revenue expenses and cash flow.
Work on scenario analysis to assess the impact of different variables on financial outcomes.

Fundraising Preparation:
Assess the current financial health and determine the fundraising requirements.
Develop a compelling business case for investors emphasizing growth potential and profitability.
Strengthen relationships with existing investors and explore new funding sources.

Financial Reporting and Compliance:
Ensure accurate and transparent financial reporting.
Implement or enhance financial controls and compliance processes (Credit/ concessions policy commissions policy bonus policy etc)
Prepare the organization for increased scrutiny and reporting requirements as it moves towards an IPO.

Budgeting and Cost Management:
Streamline budgeting processes and establish cost controls.
Identify areas for cost optimization without compromising growth.
Communicate financial goals and expectations to relevant departments.

Accounting and Tax:
Ensure compliance with accounting standards (US GAAP) especially in terms of revenue recognition.
Establish clear guidelines for recognizing SaaS subscription revenue and fintech revenue.
Provide transparent communication to stakeholders on revenue recognition policies.
Manage audits and associated processes.

Revenue A/R and Collections Operations
Ensure collections are matching the reported Live ARR and if not have revenue leakage detection mechanisms in place to track and fix.
Have accurate collections forecasting.Risk Management:
Evaluate and mitigate financial and operational risks.
Develop contingency plans for potential challenges.
Establish risk management protocols and ensure the company is adequately insured.
Foster a culture of collaboration and accountability within the finance team.

Technology and Systems:
Evaluate and enhance financial systems and technologies for scalability.
Implement tools that aid in financial analysis reporting and compliance.
Ensure data security and privacy compliance

Talent and Team Building:
Assess the finance and accounting teams capabilities and make necessary adjustments.
Hire or develop talent to support the companys financial goals.

Qualifications:

Bachelors degree in Finance Accounting or related field; MBA or CPA preferred.
Proven experience as a finance leader in a global B2B SaaS environment.
Experience in building and managing large teams.
Demonstrated success in managing finance teams and driving financial strategy.
Experience with IPO preparation and execution is highly desirable.
Strong understanding of financial accounting budgeting and FP&A processes.
Excellent leadership communication and interpersonal skills.

Financial Strategy,B2B,SaaS,Fundraising,Financial Reporting,budget