Lead Finance & Accounts

Job Title: Lead – Accounts

Job Location: Mumbai

About Abhinandan Ventures – An Abhinandan Lodha Enterprise

(https://www.ablventures.com/)

Abhinandan Ventures is a collective of high-growth, new-age businesses built around ambitious ideas with the potential to become category leaders. We partner with visionary founders and leadership teams to create businesses designed to endure and scale sustainably.

We invest patient, unlevered proprietary capital with a sharp focus on long-term value creation, free from short-term redemption pressures. Our decentralized portfolio structure empowers independent CEOs and leadership teams, fostering accountability, agility, and a strong performance-driven culture.

At Abhinandan Ventures, we nurture consumer-centric brands that lead with innovation, operate on strong business fundamentals, and are positioned to shape industries as they grow.

About Bonito Designs:

Bonito Designs Pvt Ltd (www.bonito.in) is one of the fastest growing Start-Ups in India in the Interior Designing Industry. The Company is funded by Tomorrow Capital (www.tomorrowcapital.in). The Company has its business operations in Bangalore & Mumbai and is soon planning to expand to other metro cities. The Management team is committed to make this one of the most aspiring brand for Indian consumers and a great place to work for employees.

The Company has a very conducive working environment for employees and offers fast-track growth opportunities for deserving & committed professionals.

ABOUT THE ROLE

We are looking for an experienced and detail-oriented Chartered Accountant to lead the accounting function and strengthen financial discipline across the organization. This is a high-impact leadership role focused on improving financial accuracy, strengthening governance, building scalable accounting systems, and preparing the organization for future IPO readiness.

The ideal candidate should be hands-on, process-oriented, and comfortable managing accounting complexities in a fast-paced and evolving business environment.

Historical Financial Clean-up & Book Closure

• Review and streamline historical financial records across business entities
• Identify and resolve accounting gaps, unreconciled balances, legacy issues, and incorrect entries
• Lead clean-up and reconciliation of:
• Vendor balances
• Customer balances
• Advances and deposits
• Inter-company accounts
• Fixed assets
• Inventory accounting (where applicable)
• Revenue recognition issues
• GST and TDS reconciliations
• Ensure prior years books are accurate, audit-ready, and well-supported with documentation

Financial Reporting & Monthly Closure

• Drive timely monthly, quarterly, and annual financial closures
• Ensure accuracy and completeness of:
• Profit & Loss Statements
• Balance Sheet
• Cash Flow Statements
• MIS and management reporting
• Reduce month-end closing timelines through process improvements
• Maintain robust accounting schedules and supporting documentation

IPO Readiness & Financial Governance

• Drive timely monthly, quarterly, and annual financial closures
• Ensure accuracy and completeness of:
• Profit & Loss Statements
• Balance Sheet
• Cash Flow Statements
• MIS and management reporting
• Reduce month-end closing timelines through process improvements
• Maintain robust accounting schedules and support documentation

Audit Management

• Lead and manage:
• Statutory audits
• Internal audits
• Tax audits
• Due diligence audits
• Ensure timely resolution of audit observations and queries
• Improve audit preparedness and documentation standards

Compliance Management

• Ensure compliance with:
• Companies Act
• GST regulations
• TDS requirements
• Income Tax laws
• ROC filings
• Other applicable statutory compliances
• Coordinate effectively with external consultants, auditors, and regulatory stakeholders

Process Improvement & Automation

• Improve accounting workflows and financial processes
• Strengthen ERP controls and system discipline
• Drive automation in reconciliations, reporting, and accounting operations
• Reduce dependency on manual processes
• Build scalable finance systems to support future business growth

Qualifications & Experience:

• Qualified Chartered Accountant (Mandatory)
• 10–15 years of progressive accounting and finance experience
• Strong expertise in:

1. Financial controllership
2. Audit readiness
3. Historical book clean-up
4. Process transformation
5. Statutory and tax compliance

• Experience in startup or high-growth environments preferred
• Exposure to IPO preparation or listed-company reporting preferred
• Strong ERP knowledge (SAP, Oracle, ERP Next, Tally, NetSuite, etc.)
• Excellent analytical, stakeholder management, and problem-solving skills
• Ability to work independently and drive execution in a dynamic environment

Why This Role Matters

This role is central to transforming the finance function from an operational accounting setup into a structured, governance-driven organization capable of supporting sustainable growth and future IPO readiness. The Head – Accounts will play a critical leadership role in establishing financial credibility, operational discipline, and scalable accounting practices across the company.