Job Description

Job Title: Finance and Accounts Company: CarePal Group Location: Mumbai Suburbs ( Andheri ) Department: Finance Reports to: Chief Financial Officer (CFO) / CEO Qualification : CA About CarePal Group: CarePal Group is transforming healthcare financing in India by providing cutting-edge solutions that make critical and elective treatments more accessible and affordable. Through our platformsImpact Guru (for medical crowdfunding), CarePal Secure (an insurance and benefits marketplace), and CarePal Money (a healthcare lending marketplace)we aim to touch one million lives by 2030, empowering people with financial tools to secure essential healthcare. In September 2024, CarePal Group was recognized at the Economic Times Healthcare Awards for 'Excellence in Affordable Healthcare Financing.' Impact Guru, our medical crowdfunding platform, has also garnered multiple honors, including: TechCircle 2018 Public Choice Award for Best Social Impact Startup. ET Intelligent Health & Tech Awards 2020 for Best Technology Solution for Social Good. Best Healthtech and Health Financing Brand by IHW Council. The founders of the CarePal Group are 1. Piyush Jain: https://www.linkedin.com/in/piyushcrjain/ 2. Khushboo Jain: https://www.linkedin.com/in/khushboopjain/ 3. Vikas Kaul: https://www.linkedin.com/in/vikasvirkaul/ Job Summary: We are looking for a highly skilled and detail-oriented Finance Controller to join our team. As the Finance Controller, you will be responsible for overseeing the financial operations of ImpactGuru, ensuring compliance, and managing accounting, reporting, and budgeting functions. The Finance Controller will play a pivotal role in driving financial strategy, optimizing financial processes, and supporting the organization's growth by maintaining financial integrity and transparency. Key Responsibilities: 1. Financial Reporting and Analysis • Prepare and present accurate monthly, quarterly, and annual financial statements. • Analyze financial results and provide insights on performance, variances, and trends to the leadership team. • Ensure compliance with accounting standards, regulations, and company policies. • Manage financial audits and liaise with external auditors as required. 2. Budgeting and Forecasting • Lead the budgeting process, working closely with department heads to prepare accurate and realistic forecasts. • Monitor and review actual performance against budget, analyzing discrepancies and recommending corrective actions. • Provide strategic financial guidance to ensure long-term sustainability and profitability. 3. Cash Flow and Treasury Management • Monitor the organization’s cash flow, ensuring sufficient liquidity to meet operational needs and strategic initiatives. • Oversee treasury operations, including management of banking relationships, credit facilities, and investments. • Optimize working capital and manage financial risks associated with cash flow and capital requirements. 4. Financial Controls and Compliance • Design, implement, and enforce financial control policies and procedures to safeguard assets and ensure the accuracy of financial data. • Ensure adherence to tax regulations and other legal requirements, and manage timely and accurate filing of returns. • Conduct regular internal audits and assessments to identify potential financial risks or inefficiencies. 5. Team Leadership and Development • Lead, mentor, and develop the finance team, ensuring continuous learning and professional growth. • Manage the day-to-day operations of the finance and accounting department. • Foster a collaborative and high-performance work environment. 6. Strategic Support and Advisory • Collaborate with the executive team to provide financial insights and guidance on strategic decisions and growth opportunities. • Support fundraising efforts, including managing financial due diligence, investor relations, and preparing financial presentations for potential investors. • Assist in scaling operations, improving financial systems, and driving process improvements. Requirements: Education: Bachelor's degree in Finance, Accounting, or related field. CA, CPA, CFA or equivalent professional qualification preferred. Experience: • Minimum of 5-7 years of experience in finance, accounting, or controlling roles, with at least 3 years in a managerial position. • Experience in a startup or fast-growing organization is highly preferred. • Strong understanding of financial regulations, accounting standards (IFRS/GAAP), and compliance requirements. Skills: • Strong knowledge of financial reporting, budgeting, forecasting, and analysis. • Excellent proficiency in financial software (e.g., SAP, Tally, ERP systems) and advanced Excel skills. • Analytical mindset with the ability to identify trends, issues, and opportunities. • Strong leadership and team management capabilities. • Exceptional communication and presentation skills, with the ability to communicate financial concepts to non-financial stakeholders. What We Offer: • Impact: Be a part of a mission-driven company that is making a meaningful difference in people’s lives. • Growth: Opportunities to expand your skills and knowledge in the growing field of social impact and crowdfunding.• Culture: Work in a dynamic, inclusive, and collaborative environment.