Finance Manager

Role: Manager Finance

Experience: 5-7 Years

Location: Bangalore - Hybrid

Reporting to : Head of Finance

About Us

Lucidity is a rapidly growing company with a first of its kind and impactful product in the cloud storage. Joining Lucidity offers the opportunity to work on cutting-edge technology, solve real-world problems for major enterprises, and be part of a company that is reshaping the future of cloud storage.

• We were also awarded Best Infra and Dev Tools SaaS Startup by SaaSBoomi Link
• Listed among India's Top Startups by LinkedInLink
• We are backed by $32 M in funding from investors like Alpha Wave Global, WestBridge Capital, and Beenext - Link
• We are the category leader in cloud storage optimization.
• Trusted by major enterprises, including Fortune 500 companies spanning across the US and the UK, being the major Markets.
• Opportunity to work with experienced co-founders Vatsal & Nitin - serial entrepreneurs who bring with them more than a decade of experience working with companies like Microsoft, Swiggy, and Tracxn and building and selling large tech products.
• We have a presence across India, Abu Dhabi, the US, and the UK.

What we do

Lucidity is a company that provides an automated NoOps disk auto-scaler for cloud storage across AWS, Azure, and GCP. It addresses over-provisioned block storage by dynamically scaling capacity, increasing disk utilization to around 80% from 25-35%. This results in cost reductions of up to 70% for businesses. Here's a video of what Lucidity does.

Key benefits include:

• Significant Cost Savings on storage (especially EBS costs).
• Elimination of Downtime by preventing disk space issues.
• Reduced DevOps Effort through automation.
• Application Agnostic solution works with various systems.

Few additional useful links: website, blogs:Youtube: LinkedIn

We are growing aggressively and plan to expand our revenue by 5x in the next 1 year. We are passionate about creating something unique, innovative, and big from India for global customers.

About the Role

As the Manager Finance, you will be the backbone of our financial operations and a key strategic partner to the leadership team. This is a hands-on, high-impact role where you'll oversee the entire finance function from building scalable financial processes and managing cash flows to driving strategic decisions through data-backed insights. You'll work closely with cross-functional teams including Sales, Product, and Operations to translate business goals into financial plans and performance metrics. Your ability to blend strategic thinking with operational excellence will help us make smarter investments, manage resources efficiently, and accelerate growth.

Key Responsibilities

1. Accounting & Compliance

• Handle day-to-day accounting activities and ensure accuracy in financial records.
• Handle end-to-end monthly book closure activities and report the final & accurate numbers to management and investors.
• Preparation of Annual budgets and forecasts of group entities.
• Preparation of treasury plan and handling treasury management across group entities to ensure smooth funds flow process and optimum utilisation of idle funds in the organisation.
• Lead finalization of books and preparation of financial statements at year-end.
• Manage Statutory Audit, Tax Audit, and GST Audit in coordination with auditors and consultants.
• Ensure timely monthly closure and perform month-on-month financial analysis.
• Oversee Bank Reconciliation Statements (BRS) on a weekly basis.
• Handle sales and Accounts Receivable (AR) function and ensure timely collection of dues.
• Co-ordinate with various departments to smoothen vendor payments, payroll processing, and other finance-related operations.
• Manage vendor, GST, TDS, salary, and debtor reconciliations to ensure alignment with books of accounts.
• Conduct ledger scrutiny, post accruals, and amortize prepaid expenses during monthly closure.

2. Taxation & Statutory Matters

• Strong working experience in Income Tax, TDS, PF, and GST compliance and UAE and USA tax compliances.
• Work closely with consultants to conclude monthly GST and TDS reconciliations.
• Support filings, returns, and audit schedules as per statutory timelines.

3. Financial Controls & Reporting

• Maintain and strengthen internal financial controls and ensure adherence to company policies.
• Prepare and review Monthly MIS reports, providing insights into financial performance and key metrics.
• Exposure to SaaS financial reporting metrics such as MRR, ARR, CAC, and gross margin tracking.
• Collaborate with leadership on budgeting, forecasting, and variance analysis.

4. Team Leadership & Cross-Functional Collaboration

• Lead and mentor a team of subordinates to deliver timely and accurate financial results.
• Partner with business, operations, and HR teams to streamline finance workflows.
• Manage relationships with partners, investors, customers, and vendors to ensure smooth financial operations.

5. Systems & Automation

• Exposure to finance automation tools and ERP systems.
• Implementation experience with NetSuite, Zoho or similar accounting systems will be an added advantage.

6. Cross-Country / Global Finance Operations

• Manage finance operations and compliance across multiple countries.
• Coordinate with local auditors, tax consultants, and banking partners.
• Handle intercompany transactions, reconciliations, and consolidated reporting.
• Monitor FX movements and cross-border payments.
• Ensure alignment with global accounting standards (Ind AS / IFRS / US GAAP).
• Support new entity setup and international payroll coordination.

Qualifications

• Chartered Accountant (CA) / CPA with 57 years of relevant experience.
• Prior exposure to SaaS / technology / startup finance functions preferred.
• Strong knowledge of accounting principles, taxation, and statutory compliance.
• Proficiency in MS Excel / Google Sheets; experience with tools like Zoho Books, QuickBooks, or NetSuite.
• Excellent analytical, communication, and team management skills.

What do we promise

• A high-growth work environment
• Autonomy to decide & deliver on KPIs
• Hybrid / Work from home options | Flexible hours | Unlimited Leaves
• Attractive ESOPs. Potential to see 100x in the next 5 years.