Senior Manager Finance

Delhi, India | Finance | Full-time


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.

Job Description:
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:

1.    Chartered Accountant: Qualified Chartered Accountant with 7-8 years of experience, preferably in the e-commerce/startup industry.
2.    Article-ship Experience: Prior article-ship experience from a Big 6 or Medium-sized CA firm is preferred.
3.    Accounting Software: Operating knowledge of Tally, SAP, or ZOHO.
4.    MS Office: Proficiency in MS Office is a must.
5.    Financial Compliance: Good knowledge of IND AS, GST, TDS, Income Tax, The Companies Act, SEBI, and MCA compliance.

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.