About the job VP, Finance & Accounts
About RK Group
Founded in 1980, RK Group has cemented its position as a leading conglomerate based in Bangalore, India. With a diversified presence across E-commerce, Retail, Electronics Distribution, and Textile trading, the group reported impressive revenues of USD 2 Billion in the financial year 2022. As one of India's top E-Commerce sellers, RK Group has forged strong partnerships with all major E-Commerce platforms in the nation. The group's commitment to excellence is evident in its team of over 1000 dedicated professionals. Discover more at www.rkgroup.biz.
About Valuecart (Cross-border Business)
Value Cart, a dynamic subsidiary of RK Group, ventured into the cross-border e-commerce landscape in 2019. The company has carved a niche by facilitating the entry of global brands into the Indian online marketplace, with a special emphasis on brands from China, Korea, the United States, and Japan. With a robust network of over 450 global suppliers, Value Cart proudly reports an annual GMV of 1000 Million INR. Dive deeper at www.valuecart.in.
Role Overview:
The VP of Finance & Accounts will be at the helm of Value Cart's financial operations, playing a pivotal role in shaping the company's financial strategy, ensuring regulatory compliance, and driving financial performance.
Key Responsibilities:
- Strategic Financial Planning: Craft and implement long-term financial strategies aligned with the company's objectives. Oversee annual budgets, forecasts, and financial plans.
- Financial Analysis & Reporting: Conduct in-depth financial analyses to identify trends and opportunities. Present comprehensive financial reports to senior management.
- Risk Management: Proactively identify potential financial risks and devise strategies to mitigate them. Ensure robust internal financial controls.
- Tax & Compliance: Oversee all fiscal reporting activities, ensuring adherence to both direct and indirect tax regulations. Stay updated with evolving financial regulations in India.
- Stakeholder Communication: Engage with key stakeholders, including investors, financial institutions, and auditors. Represent the company in financial discussions and negotiations.
- Capital Management: Manage the company's capital structure, ensuring optimal utilization of resources. Evaluate potential investment opportunities.
- Team Leadership: Lead and mentor the finance and accounting team, fostering a culture of continuous improvement and collaboration.
- Operational Efficiency: Champion process improvements, leveraging technology to enhance efficiency and accuracy in financial operations.
- Mergers & Acquisitions: Play an instrumental role in potential M&A activities, from due diligence to financial integration.
- Cash Flow Management: Monitor the company's liquidity, ensuring sufficient funds for operational and capital investment needs.
Qualifications & Experience:
- Educational Background: A Bachelor's degree in finance, accounting, or a related field. Chartered Accountant certification is mandatory. An MBA or equivalent post-graduate qualification is highly desirable.
- Professional Certification: Additional certifications like CFA or CPA are advantageous.
- Experience: A minimum of 5+ years of progressive experience in finance, with a track record in senior financial managerial roles. Experience in the e-commerce sector, especially in start-ups, will be a distinct advantage.
- Technical Skills: Proficiency in financial software, advanced Excel functionalities, VBA, and macros. Familiarity with financial modeling is essential.
- Soft Skills: Exceptional leadership and communication abilities, analytical thinking, and a keen eye for detail. Strong negotiation skills and the ability to work in a fast-paced environment are crucial.