Finance Manager
T T- 2 months ago
- Hyderabad, Telangana, India
- Full Time
Job Overview
Functional Area
Finance
Work preferred
Work from Office
Experience
Min Experience
3 Years
Max Experience
5 Years
Description
About NxtWave
NxtWave is one of India’s fastest-growing Ed-Tech startups. NxtWave is revolutionizing the 21st-century job market by transforming youth into highly skilled tech professionals irrespective of their educational background with its CCBP 4.0 programs.
NxtWave is founded by Rahul Attuluri (Ex Amazon, IIIT Hyderabad), Sashank Reddy (IIT Bombay) and Anupam Pedarla (IIT Kharagpur). In February 2023, NxtWave raised ₹275 crore led by Greater Pacific Capital, a leading international private equity firm. The startup is also backed by Orios Ventures, Better Capital and marquee angels, including founders of some of India’s unicorns.
NxtWave is an official partner for NSDC, under the Ministry of Skill Development & Entrepreneurship, Govt. of India, and recognized by NASSCOM, Ministry of Commerce and Industry, Govt. of India, and Startup India. The startup has received accolades as ‘The Greatest Brand in Education’ in a research-based listing by URS Media, a leading international media house.
By offering vernacular content and interactive learning, NxtWave is breaking the entry barrier for learning tech skills. Learning in their mother tongue helps learners achieve higher comprehension, deeper attention, longer retention, and greater outcomes.
NxtWave now has paid subscribers from 450+ districts across India. In just 2 years, CCBP 4.0 learners have been hired by 1250+ companies including Google, Amazon, Nvidia, Goldman Sachs, Oracle, Deloitte, and more.
Scale at which we operate on tech level (as on February 2023)
- 370 Cr+ learning minutes spent
- 69 Cr+ Code Runs
- 4.2 Bn. + API Requests Handled by our servers
Know more about NxtWave: https://www.ccbp.in
Read more about us in the news - Economic Times | CNBC | Yourstory | VCCircle
Roles and Responsibilities:
- Manage and oversee the day-to-day financial operations of the company, including accounts payable/receivable, general ledger, and financial reporting.
- Develop and maintain financial policies, procedures, and internal controls to ensure compliance with accounting standards and regulations.
- Prepare accurate and timely financial statements, reports, and budgets for management and stakeholders.
- Conduct regular financial analysis, identify trends, and provide recommendations for improvement.
- Monitor cash flow, manage banking relationships, and optimize working capital.
- Collaborate with cross-functional teams to provide financial insights, support decision-making, and drive business growth.
- Work closely with the VP-Finance to develop financial forecasts, budget plans, and strategic financial initiatives.
- Ensure timely completion of tax filings, audits, and other financial compliance requirements.
- Stay updated on industry trends, best practices, and regulatory changes impacting the financial landscape.
- Ensure effective handling and resolution of notices served by government authorities in a timely manner, ensuring compliance and closure.
Additional Responsibilities:
- Build and supervise a team of finance personnel, providing guidance, coaching, and fostering a culture of continuous learning.
- Implement accounting systems and processes to streamline financial operations and improve efficiency.
- Coordinate and produce all tax documentation, ensuring compliance with applicable tax laws and regulations.
- Lead annual & Internal audits, ensuring a smooth and timely audit process with external auditors.
- Control the master data of the general register to ensure accuracy and consistency.
- Review and release online banking payments accurately and in a timely manner.
- Provide ongoing accounting and reporting support to cross-functional teams, addressing queries and offering financial insights.
- Maintain the speed and accuracy of billings and client payments, resolving any issues promptly.
- Monitor transactions regularly, identifying and addressing discrepancies or irregularities.
- Continuously seek opportunities to improve process efficiency through the implementation of necessary tools, technologies, and automation.
Desired Skills and Experience:
NxtWave is looking for candidates with the following skills, qualifications and experience:
- Bachelors degree in Finance, Accounting, or a related field. Masters degree or CA qualification is a plus.
- 3-5 years of proven experience in financial management, preferably in a finance manager or similar role.
- Strong knowledge and experience with financial management systems, including expertise in Netsuite ERP.
- Strong business acumen with the ability to collaborate effectively with cross-functional teams, providing financial insights and supporting decision-making.
- Proficient in financial reporting, analysis, and budgeting processes.
- Thorough understanding of tax regulations, compliance requirements, and audit coordination.
- Excellent analytical skills, attention to detail, and ability to provide strategic recommendations.
- Experience in the EdTech or startup industry is a plus
- Up-to-date knowledge of industry trends, best practices, and regulatory changes impacting the financial landscape.
- Exceptional organizational and time management skills, with the ability to handle multiple tasks and meet deadlines.
Experience: 3 - 5 Years
Location : Hyderabad
CTC : Upto 12LPA
Skills
AccountingAccountsAccounts PayableBankingBudgetingCaCash FlowDocumentationFinanceFinance ManagerFinancial AnalysisFinancial ManagementFinancial OperationsFinancial ReportingFinancial StatementsGeneral LedgerOperationsOracleComplianceErpAccounting StandardsManagerWorking CapitalAnalysisManagement SystemsEquityPrivate EquityTime ManagementLedgerOnline Banking