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Manager - Finance

Company:
hunch.in
Location:
New Delhi, Delhi, India
Posted:
May 14, 2024
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Description:

Hunch is a Series A funded ($23 Million) startup building the future of social discovery in a post-AI world. Hunch thrives on curiosity, diversity, and the power of open conversations. We're on a mission to provide a judgment-free space where connections are formed based on how you think, and not how you look. Hunch ranks among Top 50 social apps in India, and has recently launched in the US as well.

Link to our recent fundraising announcement

If you're passionate about innovation, inclusivity, and making a meaningful impact, you've found your home at Hunch.

We are looking for an experienced and result-oriented Performance Marketing Specialist to join our dynamic team.

What you’ll do

Leadership and Strategy:

Lead Finance at Hunch. Build a high-performance and highly motivated Finance and Accounts function.

Lead the financial well-being of the organization by providing financial projections, accounting services, preparing growth plans, and ensuring optimum resource utilization.

Develop organization strategies by contributing financial and accounting information, analysis, and recommendations.

Partner with business leaders for defining the annual plans and delivery goals for the year. Act as a key decision-maker for financial-related commitments in business projects.

Critically evaluate the existing accounting & reporting structure and implement enhancements to increase efficiency and drive accuracy, timely action, and decision-making.

Lead the planning and implementation of a global business structure built on strong principles of compliance and efficient operations.

Financial Management and Operations:

Oversee the day-to-day operations of the accounts team, including managing vendor payments, bank accounts, and banking relationships for all group companies.

Ensure meticulous and up-to-date financial records through the effective use of accounting software (e.g., QuickBooks and Tally).

Perform financial analysis and prepare periodic financial reports for management, including monthly bank reconciliation statements and cash outflow reports.

Ensure timely processing of salaries and related TDS compliances.

Reconcile vendor statements and resolve any discrepancies or outstanding issues.

Tax, Compliance, and Audit:

Ensure tax compliance, undertake proactive tax planning, and provide advice on tax matters to other functions.

Ensure compliance with the corporate laws and related regulations in all jurisdictions.

Collaborate with external auditors during statutory audits and provide necessary documentation and explanations.

Ensure complete compliance with local accounting regulations and standards in all jurisdictions and report via a compliance log.

Work closely with Chartered Accountant firms for services including audit, transfer pricing, and accounting advisory.

Treasury and Banking Operations:

Maximize return on treasury funds by identifying investment opportunities and maintaining relationships with banks & partners.

Ensure efficient working capital management for projects and operations and monitor daily cash flows and investment of excess funds.

Develop and manage the risk policies to protect the company's value from financial risks.

Reporting and Analysis:

Analyze business performance, progress of key projects, and drive business performance through financial insights and advice.

Monitor financial performance by measuring and analyzing results, initiating corrective actions, and minimizing variances.

Lead the preparation of monthly, quarterly, and annual financial statements, including balance sheets and cash flow statements.

Lead month-end and year-end closing activities, ensuring accurate and timely reports.

Assist in fundraising efforts by providing financial data and analysis to investors and stakeholders.

Strategic Initiatives:

Develop financial strategies by forecasting capital & resource requirements.

Put in place an efficient global structure for revenue planning.

Requirements

Chartered Accountant with 6-9 years of experience (+ MBA Preferable)

3-4 years experience in working with a growing startup with operations in India and multiple other jurisdictions

Has seen 3x times scale-up in the team. Should have led audits and managed teams of atleast 3-5 people.

Experience handling a group of entities and working on international financial statements and compliances. Detail-oriented and organized, with a focus on accuracy and precision.

Conversant with Indian tax compliances (RBI/FDI/ODI compliances etc).

Experience in financial management, administration, personnel management, and business development required.

Knowledge of various financial principles, practices, and applications including compliance, budgeting, financial planning, and financial reporting required.

Strong knowledge of accounting principles, practices, and regulations in India and abroad, including IFRS and GAAP

Deep knowledge of accounting softwares such as QuickBooks and Tally.

What We Offer

Competitive pay along with an annual performance-linked incentive (PLI) for all

Employee benefits like Medical Insurance

One annual all expenses paid by company trip for all employees to bond

Although we work from our office in New Delhi, we are flexible in our style and approach

Why Hunch

Work Culture: At Hunch we take our work seriously but don’t take ourselves too seriously. Everyone is encouraged to think as owners and not renters, and we prefer to let builders build, empowering people to pursue independent ideas.

Impact: Your work will shape the future of social engagement and connect people around the world.

Collaboration: Join a diverse team of creative minds and be part of a supportive community.

Growth: We invest in your development and provide opportunities for continuous learning.

Backed by Global Investors: Hunch is a Series A funded startup, backed by Hashed, AlphaWave, Brevan Howard and Polygon Studios

Experienced Leadership: Hunch is founded by a trio of industry veterans - Ish Goel (CEO), Nitika Goel (CTO), and Kartic Rakhra (CMO). Together, they have built successful ventures in IT Services, GovTech and Web3, including Nexus Mutual, GovBocks, and PlotX.

If you thrive in a dynamic, high-growth tech environment and relish the opportunity to collaborate with passionate, driven over-achievers, your career with us here at Hunch will be both exhilarating and fulfilling!

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