About The Role:

The Finance Head will be responsible for managing the overall financial operations of the startup software company. This role includes overseeing bookkeeping, managing accounts receivable and payable, financial planning and budgeting, project financial viability assessment, and supporting strategic decision-making. The ideal candidate will ensure strong financial discipline, accurate reporting, and sustainable growth of the company.

Key Responsibilities:

1. Financial Accounting & Bookkeeping

Maintain accurate and up-to-date accounting records for all financial transactions.
Oversee bookkeeping activities including journal entries, reconciliations, and ledger maintenance.
Ensure compliance with accounting standards and statutory requirements.
Prepare monthly, quarterly, and annual financial statements.
Coordinate with auditors and tax consultants for statutory audits and filings.

2. Accounts Receivable & Revenue Management

Manage invoicing processes for software projects and recurring services.
Monitor accounts receivable and ensure timely collections from clients.
Implement credit control mechanisms and follow up on overdue receivables.
Maintain customer billing records and reconcile revenue accounts.
Track project-based revenue and milestone payments.

3. Accounts Payable & Expense Management

Manage vendor payments and ensure timely settlement of invoices.
Review and approve operational expenses and project-related expenditures.
Maintain vendor records and payment schedules.
Monitor company cash flow and optimize working capital.

4. Financial Planning & Budgeting

Develop and manage annual financial budgets for the company.
Forecast revenue, expenses, and cash flows.
Monitor actual performance against budget and provide variance analysis.
Provide financial insights to management for strategic decisions.

5. Project Financial Viability & Cost Analysis

Evaluate financial feasibility of software development projects before acceptance.
Conduct cost-benefit analysis, pricing models, and profitability assessments.
Estimate project costs including manpower, infrastructure, and operational expenses.
Work with the project management team to ensure projects remain financially viable.
Monitor project margins and financial performance throughout project execution.

6. Financial Reporting & Strategic Support

Prepare management reports and financial dashboards.
Provide financial analysis for business decisions, investments, and expansion plans.
Support founders in fundraising, investor reporting, and financial presentations.
Develop financial policies, internal controls, and risk management processes.

Required Qualifications

Chartered Accountant.
5+ years of experience in finance, accounting, or startup financial management.
Strong understanding of accounting principles, financial analysis, and budgeting.
Experience managing project-based revenue and cost structures.
Knowledge of accounting software such as Zoho Books, Tally, or QuickBooks.

Skills:

Financial planning and analysis, budgeting and forecasting, cash flow management, project profitability analysis, accounts receivable and payable management, strategic financial decision making, strong analytical and problem-solving skills, and excellent communication and leadership abilities.

Preferred Experience

Experience working in technology or software startups.
Exposure to SaaS revenue models, subscription billing, or project-based software services.Experience handling investor reporting and financial modeling.

Key Performance Indicators (KPIs)

Accuracy of financial reporting, improvement in cash flow and working capital management, reduction in overdue receivables, profitability of projects undertaken, and adherence to budgets and cost control.