Job Title: Chief Financial Officer (CFO), Sportswear and Athletics Division (e-commerce)The Opportunity: RK Group in collaboration with a leading global footwear brand is setting up a new venture to run e-commerce operations for the brand. For the same, we are looking to hire an experienced Chief Financial Officer - someone who can help setup the financial processes and team to build and scale this venture. The ideal candidate (CA with 10-15 years of experience) must have strong experience across controllership, finance operations and business finance in a mid to large e-commerce setup, preferably on the seller side.Key Responsibilities:Setting up the finance function:- Build the key functions required for finance: controllership, treasury, business finance, finance operations, taxation, etc. The first year of setting up will be skewed more towards controllership. - Support in hiring and training of employees for these functions. - Define key financial metrics and develop dashboards to track these metrics.Acting as the strategic finance partner to CEO:- Develop annual budget in coordination with senior management. - Ensure that budgeting and day-to-day operational processes are aligned with company’s long term goals. - Evaluate financial performance and key metrics. Evaluate operational risks on a regular basis. Present financial and business insights to stakeholders. - Manage treasury operations and working capital requirements. - Liaison with banks and financial institutions.Smooth running of e-commerce finance operations:- Oversee finance operations, focusing on efficient service delivery with excellent quality. Minimize leakages: collections and claims as per SLA, returns optimization and management, etc. - Manage relationships with stakeholders in marketplaces and with the brand partners. - Optimize processes through efficiency, cost reduction and service quality improvement. - Ensure adherence to regulations, policies, and procedures while upholding internal controls. - Automate operational processes to reduce cost and increase efficiency and accuracy.Ensuring financial compliance:- Ensure all financial compliances (statutory, audits, regulatory reporting) are adhered to as per timelines and accurately. - Develop strong internal financial controls. Document business processes and accounting policies to maintain and strengthen internal controls.Creating a process led data-first organization:- Help the CEO in developing SOPs for running the business, with minimal exceptions. - Ensure timely and accurate MIS reporting with actionable insights for the Board of Directors. - Support in creating a data first organization and making data-based decisions. Implement the right technology and optimal automation solutions for control and efficiency.Qualifications and Experience:- CA from a Tier – I institute in Finance with 10-15 years of experience, at least a few years in an e-commerce setup. - Proven leadership in managing all finance functions. Should be willing to get involved in detail in the setting up process, especially on the finance controllership part. - Prior experience in setting up finance processes for a new entity, especially in an e-commerce setup is preferred. Experience in fashion category e-commerce (esp. footwear) is an added advantage. - Must have excellent knowledge of financial processes and compliance requirements. - Should have exceptional interpersonal and stakeholder management skills.Location: Bangalore, with travel as required.Reporting to: Chief Executive Officer.Compensation: Competitive and commensurate with experience. For the right candidate, compensation is not a constraint.
Job Title
Chief Financial Officer