Finance Manager

5 - 7 years

0 Lacs

Posted:19 hours ago| Platform: Foundit logo

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Work Mode

Remote

Job Type

Full Time

Job Description

Role: Manager Finance

Experience: 5-7 Years

Location: Bangalore - Hybrid

Reporting to : Head of Finance

About Us

Lucidity is a rapidly growing company with a first of its kind and impactful product in the cloud storage. Joining Lucidity offers the opportunity to work on cutting-edge technology, solve real-world problems for major enterprises, and be part of a company that is reshaping the future of cloud storage.

  • We were also awarded

    Best Infra and Dev Tools SaaS Startup

    by

    SaaSBoomi

    Link
  • Listed among

    India's Top Startups by LinkedIn

    Link
  • We are backed by $32 M in funding from investors like Alpha Wave Global, WestBridge Capital, and Beenext - Link
  • We are the category leader in cloud storage optimization.
  • Trusted by major enterprises, including Fortune 500 companies spanning across the US and the UK, being the major Markets.
  • Opportunity to work with experienced co-founders Vatsal & Nitin - serial entrepreneurs who bring with them more than a decade of experience working with companies like Microsoft, Swiggy, and Tracxn and building and selling large tech products.
  • We have a presence across India, Abu Dhabi, the US, and the UK.

What we do

Here's avideoof what Lucidity does.

Key benefits include:

  • Significant Cost Savings

    on storage (especially EBS costs).
  • Elimination of Downtime

    by preventing disk space issues.
  • Reduced DevOps Effort

    through automation.
  • Application Agnostic

    solution works with various systems.

Few additional useful links:website

We are growing aggressively and plan to expand our revenue by 5x in the next 1 year. We are passionate about creating something unique, innovative, and big from India for global customers.

About the Role

Manager Finance

Key Responsibilities

1. Accounting & Compliance

  • Handle

    day-to-day accounting

    activities and ensure accuracy in financial records.
  • Handle end-to-end monthly book closure activities and report the final & accurate numbers to management and investors.
  • Preparation of Annual budgets and forecasts of group entities.
  • Preparation of treasury plan and handling treasury management across group entities to ensure smooth funds flow process and optimum utilisation of idle funds in the organisation.
  • Lead

    finalization of books

    and preparation of financial statements at year-end.
  • Manage

    Statutory Audit, Tax Audit, and GST Audit

    in coordination with auditors and consultants.
  • Ensure timely

    monthly closure

    and perform

    month-on-month financial analysis

    .
  • Oversee

    Bank Reconciliation Statements (BRS)

    on a weekly basis.
  • Handle sales and

    Accounts Receivable (AR)

    function and ensure timely collection of dues.
  • Co-ordinate with various departments to smoothen

    vendor payments, payroll processing

    , and other finance-related operations.
  • Manage

    vendor, GST, TDS, salary, and debtor reconciliations

    to ensure alignment with books of accounts.
  • Conduct

    ledger scrutiny

    , post accruals, and amortize prepaid expenses during monthly closure.

2. Taxation & Statutory Matters

  • Strong working experience in

    Income Tax, TDS, PF, and GST

    compliance and UAE and USA tax compliances.
  • Work closely with consultants to conclude

    monthly GST and TDS reconciliations

    .
  • Support filings, returns, and audit schedules as per statutory timelines.

3. Financial Controls & Reporting

  • Maintain and strengthen

    internal financial controls

    and ensure adherence to company policies.
  • Prepare and review

    Monthly MIS reports

    , providing insights into financial performance and key metrics.
  • Exposure to

    SaaS financial reporting

    metrics such as MRR, ARR, CAC, and gross margin tracking.
  • Collaborate with leadership on

    budgeting, forecasting

    , and variance analysis.

4. Team Leadership & Cross-Functional Collaboration

  • Lead and mentor a team of subordinates to deliver timely and accurate financial results.
  • Partner with business, operations, and HR teams to streamline finance workflows.
  • Manage relationships with

    partners, investors, customers, and vendors

    to ensure smooth financial operations.

5. Systems & Automation

  • Exposure to finance automation tools and ERP systems.
  • Implementation experience with NetSuite, Zoho

    or similar accounting systems will be an added advantage.

Cross-Country / Global Finance Operations

  • Manage finance operations and compliance across multiple countries.
  • Coordinate with local auditors, tax consultants, and banking partners.
  • Handle intercompany transactions, reconciliations, and consolidated reporting.
  • Monitor FX movements and cross-border payments.
  • Ensure alignment with global accounting standards (Ind AS / IFRS / US GAAP).
  • Support new entity setup and international payroll coordination.

Qualifications

  • Chartered Accountant (CA) / CPA with 57 years

    of relevant experience.
  • Prior exposure to SaaS / technology / startup finance functions preferred.
  • Strong knowledge of accounting principles, taxation, and statutory compliance.
  • Proficiency in MS Excel / Google Sheets; experience with tools like Zoho Books, QuickBooks, or NetSuite.
  • Excellent analytical, communication, and team management skills.

What do we promise

  • A high-growth work environment
  • Autonomy to decide & deliver on KPIs
  • Hybrid / Work from home options | Flexible hours | Unlimited Leaves
  • Attractive ESOPs. Potential to see 100x in the next 5 years.

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