Job Role: Head of Finance
You should apply if you have:
- 7-10 years of experience in finance roles within startups or FMCG.
- At least 2-3 years of experience managing contract vendors and e-commerce revenue.
- A deep understanding of reconciliation, sales, and early risk identification.
- Strong knowledge of P&L accounting, cash flow management, and working capital optimization.
- A Master's Degree in Finance, CA, ACCA, or an equivalent professional qualification.
- Experience in financial modeling, fundraising, and investor relations.
- The ability to interact with both internal and external stakeholders effectively.
You should not apply if you:
- Have less than 7 years of experience in finance roles.
- Lack experience in e-commerce, FMCG, or startup environments.
- Are not comfortable working in a fast-paced, high-growth business.
- Prefer working in a silo and not collaborating with cross-functional teams.
- Do not have experience managing financial compliance, audits, and taxation.
Skills Required:
- Budgeting, forecasting, and financial analysis.
- Revenue assurance and cost optimization.
- Financial compliance, taxation (GST, TDS, income tax), and audit preparation.
- Working capital management and cash flow optimization.
- Fundraising (debt & equity), due diligence, and financial modeling.
- Experience with financial tools such as ERPs, payment gateways, and expense management software.
- Strong analytical and problem-solving skills.
What will you do
- Business Planning & Financial Performance
- Prepare and manage annual budgets, ensuring alignment with company goals.
- Forecast revenue, costs, and cash flow while accounting for seasonality and trends.
- Analyze actual financial performance against budgets, identifying variances and corrective actions.
- Assess financial implications of new products, markets, and strategic initiatives.
- Evaluate ROI for marketing campaigns, partnerships, and tech investments.
- Compliance & Systems
- Ensure accurate financial transaction recording in compliance with accounting standards.
- Oversee GST filings, TDS, income tax compliance, and statutory requirements.
- Lead internal and statutory audit preparations.
- Develop and implement internal control policies to prevent fraud and inefficiencies.
- Monitor payment systems, refund processes, and customer data security.
- Profitability & Efficiency
- Ensure accurate revenue recognition, accounting for discounts, returns, and adjustments.
- Identify cost-reduction opportunities in logistics, procurement, and marketing.
- Monitor key financial metrics like CAC, LTV, and unit economics.
- Implement and optimize financial tools to streamline operations.
- Working Capital & Cashflows
- Manage accounts receivable and payable to optimize working capital.
- Ensure timely vendor payments while negotiating favorable terms.
- Maintain adequate liquidity for operational and growth investments.
- Fundraising & Investor Relations
- Assist in financial modeling, due diligence, and reporting during fundraising activities.
- Work with banks and investors for financial reporting and analysis.
- Evaluate term sheets and negotiate strong debt deals.
- Leadership & Stakeholder Management
- Develop and mentor a high-performing finance team.
- Act as the financial liaison for internal teams and external stakeholders.
- Prepare financial reports for the Audit Committee, Executive Committee, and Board meetings.
Work Experience:
- 7-10 years in finance roles within startups, FMCG, or e-commerce businesses.
- Strong experience in revenue assurance, accounting, FP&A, banking, taxation, and MIS.
- Prior experience managing teams and working directly with leadership.
Working Days:
Location:
- B-289, Pocket B, Okhla Phase I, Okhla Industrial Estate, New Delhi, Delhi 110020 and Golf Course Road, Gurugram, Haryana (Work from Office)
Perks:
- Friendly atmosphere.
- High learning & personal growth opportunities.
- Diverse and inclusive work environment.
Why Nutrabay
We believe in an open, intellectually honest culture where everyone is given the autonomy to contribute and do their life's best work. As a part of the dynamic team at Nutrabay, you will have a chance to learn new things, solve new problems, build your competence, and be a part of an innovative marketing and tech startup that's revolutionizing the health industry.
Working with Nutrabay can be fun, and a place of a unique growth opportunity. Here you will learn how to maximize the potential of your available resources. You will get the opportunity to do work that helps you master a variety of transferable skills, or skills that are relevant across roles and departments. You will feel appreciated and valued for the work you delivered. We are creating a unique company culture that embodies respect and honesty that will create more loyal employees than a company that simply shells out cash. We trust our employees and their voices and ask for their opinions on important business issues.
About Nutrabay:
Nutrabay is the largest health & nutrition store in India. Our vision is to keep growing, have a sustainable business model, and continue to be the market leader in this segment by launching many innovative products. We are proud to have served over 1 million customers up till now and our family is constantly growing.We have built a complex and high-converting eCommerce system and our monthly traffic has grown to a million. We are looking to build a visionary and agile team to help fuel our growth and contribute towards further advancing the continuously evolving product.
Funding:
We raised $5 Million in a Series A funding round.
