Head of Finance @ Redmil Business Mall

Job Description

Head of Finance Join Clensta as our Head of Finance and play a pivotal role in steering our financial strategies and operations. Reporting directly to the CEO and Founder, you will lead core finance functions, drive strategic financial initiatives, and oversee corporate development. About Clensta at a glance: Founded in 2016, we are managed by a highly talented team under strong leadership in association with IIT Delhi. Pre-Series B funded. We raised funding worth 100+ crores from marquee investors like TradeCred, Royal Family of UAE, Parineeti Chopra, various other angel platforms and prominent industry leaders like Co-Founder of HCL, Chairman of NASSCOM, IPV, VCATS and IAN Fund. Requirements: Entrepreneurial mindset, demonstrating high ownership. 10-15 years of progressive financial leadership experience. CA qualification. Exposure to Beauty personal care/FMCG sectors, handling brands with revenue ranging from 50 Cr to 1000 Cr. Proven track record in driving. profitability, BU integration, AOP construction, and implementing cost-optimizing initiatives. Proficiency in fundraising, securing at least $10 million in funding. Experience managing both online and offline sales channels within the FMCG sector. Key Responsibilities: Core Finance: KPI1: Owning financial reporting to ensure accuracy and timeliness. KPI2: Implementing and maintaining robust internal controls to mitigate financial risks and ensure regulatory compliance. KPI3: Overseeing day-to-day financial operations, including accounting, reporting, and treasury functions. KPI4: Essential exposure to Direct and Indirect taxes, including Income Tax, Tax withholding, and GST. KPI5: Preparing Financial Dashboards for CEO and Founder for comprehensive oversight of finance functions. KPI6: Reporting and reducing accounts receivable while enhancing cash flow management. KPI7: Crafting a roadmap for achieving a clean audit opinion from a Big 4 accounting firm. Strategic Finance: KPI1: Ensuring consistent profitability enhancement by reducing operating expenses by 10% annually. KPI2: Achieving a 99% accuracy rate for monthly financial reporting, delivered within 5 business days of closing. KPI3: Implementing a new financial reporting system to streamline data collection and analysis, facilitating decision-making and trend identification. KPI4: Identifying and executing cost-saving initiatives with an annual impact of $1+ million. Corporate Development: KPI1: Developing fundraising strategies to advise on critical decisions regarding Debt, Equity, and WC lines for optimal capitalization and dilution. KPI2: Preparing and presenting financial reports and updates for board meetings and investor discussions, managing regular reporting relationships with existing investors. KPI3: Leading due diligences, deal negotiation, and documentation in collaboration with external consultants. If you are a strategic financial leader with a proven track record and a passion for the Beauty personal care/FMCG industry, we invite you to apply. Join us in driving financial excellence and contributing to Clensta's growth journey

Employement Category:

Employement Type: Full time
Industry: Personal Care / Beauty
Role Category: Optical Fibre TechnicianPharmacist / Medical Representative
Functional Area: Not Applicable
Role/Responsibilies: Head of Finance

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Keyskills:   Fundraising Financial reporting Internal controls Cash flow management Audit Profitability enhancement Entrepreneurial mindset Financial leadership CA qualification Exposure to Beauty personal careFMCG sectors Direct Indirect taxes Financial reporting system Costsaving initiatives Fundraising strategies Due diligences