Chief Financial Officer

Company Description

TeqIT.io is a pioneering platform dedicated to transforming how people engage with technology. Specializing in re-loved laptops, smartphones, tablets, and more, we provide expertly restored devices that are rigorously tested and come with reliable warranties. Our mission is to blend value, quality, and environmental sustainability, offering smarter and more eco-friendly choices. Additionally, we provide corporate rentals, professional gadget repair services, and a curated range of new accessories to enhance the technology experience. Located in Chennai, our solutions are designed for individuals, startups, enterprises, and remote teams.

Role Description

This is a full-time, on-site position based in Chennai for a Chief Financial Officer. The CFO will oversee and manage financial planning, strategic budgeting, and resource allocation for the organization.

Fundraising & Investor Relations (Core Responsibility)

• Lead equity and debt fundraising across angels, VCs, strategic investors, banks, and NBFCs

• Prepare pitch decks, financial models, unit economics, and investor data rooms

• Drive valuation discussions, term sheets, cap table management, and funding closures

• Build and maintain relationships with investors, accelerators, and funding partners

• Support government grants, subsidies, and startup schemes where applicable

Financial Strategy & Planning

• Define Teqit’s financial roadmap aligned with growth plans

• Build 3–5 year financial projections covering revenue, margins, and cash flow

• Track KPIs, burn rate, runway, and conduct scenario planning

• Advise leadership on pricing, expansion, and cost optimization

Financial Operations & Control

• Oversee accounting, bookkeeping, GST, TDS, income tax, and statutory compliance

• Set up internal controls, approval workflows, and MIS reporting

• Manage cash flow, working capital, vendor payments, and receivables

• Implement scalable financial systems and dashboards

Budgeting & Cost Management

• Create and monitor annual and quarterly budgets

• Track CAPEX vs OPEX, especially device procurement and rentals

• Ensure disciplined use of raised funds

• Identify and eliminate financial inefficiencies

Governance & Risk Management

• Ensure compliance with Companies Act, startup regulations, and investor reporting

• Maintain accurate financial statements, audits, and board reports

• Identify and mitigate financial, operational, and regulatory risks

Qualifications

• Experience as CFO, Finance Head, Investment Banking, or Startup Finance Lead.
• Strong hands-on exposure to fundraising and investor negotiations.
• Deep understanding of startup finance, unit economics, and growth-stage challenges.
• Comfortable working in high-ownership, fast-moving environments.
• CA or MBA (Finance) preferred; execution capability is more important than degrees.

Compensation

Competitive 7-figure CTC with performance-linked incentives .