Director of Finance

About BiteSpeed

Hey there! We are a Sequoia-backed SaaS startup building an AI-native Marketing, Support & Sales suite for e-commerce brands.

We're currently working with 3000+ e-commerce brands globally across 50+ countries and are fortunate to have raised $5.5M+ along the journey with marquee investors like Sequoia Capital India, Kunal Shah, Gaurav Munjal & more backing us.

Check out more about us here - https://www.bitespeed.co/ and do read through our 200+ odd 5-star reviews to get a sense of what our customers say about us here - https://apps.shopify.com/bitespeed-fb-messenger-chatbot (we openly brag about this )

We've had some solid investors back us (making it easier for you to stalk us since you'd do this anyway):-

• BiteSpeed Raises USD 3.5M Funding, Led by Peak XV's Surge- https://www.businesswireindia.com/e-commerce-ai-startup-bitespeed-raises-usd-3-5m-funding-led-by-peak-xvs-surge-92455.html

• E-commerce AI start-up BiteSpeed raises $3.5 million funding led by Peak XV's Surge- https://www.thehindubusinessline.com/info-tech/e-commerce-ai-start-up-bitespeed-raises-35-million-funding-led-by-peak-xvs-surge/article68863058.ece

• BiteSpeed Raises $1.9 Million Seed Funding From Sequoia India's Surge- https://www.entrepreneur.com/en-in/business-news/bitespeed-raises-19-million-seed-funding-from-sequoia/418414

About the role

This role is about protecting a treasury that's growing quickly :). As we traverse the journey from $5M to $50M in ARR over the next couple of years, we want to ensure the highest level of financial rigour from the early days to lay a strong foundation for growth over the years.

This is our senior-most hire in finance and you'll be responsible for overseeing all financial operations of the company, including budgeting, forecasting, financial reporting and day-to-day financial operations. It involves working closely with the CEO, executive team, and investors to develop and execute financial strategies that drive growth and profitability.

What you'll do

• Own and execute all financial operations like payroll processing, vendor payouts and collections(accounts receivables).
• Oversee and ensure adherence to all statutory compliance requirements, including Provident Fund (PF), Professional Tax (PT), and Goods and Services Tax (GST), etc.
• Develop and maintain financial models to support the company's strategic planning and decision-making processes.
• Manage the budgeting and forecasting process, working closely with department heads to ensure accurate and timely financial reporting.
• Oversee the company's cash management, including monitoring cash flow and optimising working capital.
• Manage relationships with external stakeholders, including investors, banks, and auditors.
• Support fundraising efforts, including developing investor presentations and financial projections.
• Develop and implement financial policies and procedures to ensure compliance with regulatory requirements and best practices.
• Drive operational efficiency by monitoring costing activities and identifying saving initiatives.
• Oversee completion of statutory audit from a big 4 audit firm.

What makes you a good fit

• 8+ years of experience in finance controllership, accounting, or a related field.
• Building the finance function from 0-1 for a scaling SaaS company excites you.
• You're open to being a generalist and adapting to the uncertainty of early stage.
• You understand budgeting, forecasting, and financial reporting like the back of your hand.
• Past experience working in SaaS accounting is an added plus.

Salary and Location

Location: Bangalore

Expected CTC: We pay top of market for the right folks and also offer generous equity (ESOP) to everyone in the team

Our Way Of Life - https://www.notion.so/bitespeed/Way-Of-Life-At-BiteSpeed-44d9b9614d9641419da910189b1e9f8e.

Our Purpose

At BiteSpeed, work is personal. You could blame this on us being existential, but most of us are spending the best years of our lives doing this and we want to be purposeful about the kind of workplace we're trying to create.

Our purpose is about why we're here and what we care about:-

• Personal Transformation
• Wealth Creation
• Winning Together

Our Values

Our values are about how we do what we do. Values define the right thing to do. We hire, reward and sometimes have to let go based on our values.

We have 5 core values:-

• Go Above And Beyond
• Making Things Happen
• Say It Like It Is
• Progress Over Perfection
• Don't Take Yourself Seriously, Take Your Work Seriously

Perks & Benefits

Small things we've done to ensure we take care of our wellness, learning & keep things fun:-

• Health Insurance - Health insurance cover and accident coverage for extra cushion and mental peace when rainy days hit us.

• Quarterly Off-sites - Quarterly off-sites are a core part of the BiteSpeed culture. Our off-sites range from intense quarter planning sessions to crazy mafia nights and competitive cricket matches (with a lot of trash talking).

• Cult Fitness Membership - All work and no play makes jack a dull boy. Cult Fit and Cult Play passes to make sure we hit the gym more often.

• Personal Development - We sponsor courses, conference tickets, books on a case to case basis to ensure we're constantly growing.

• Salary In Advance - Trust first, by default. We pay out salaries in the first week of the month.

How to apply

Wanna stand out Please drop an email on [Confidential Information] telling what makes you a good fit.

For any queries feel free to write to [HIDDEN TEXT].