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Business Finance Manager Sales & Marketing
Finance
The Problem

Every year over 1.6Mn students graduate with an engineering degree, but only 3% of them are employable. Students spend Lakhs in fees and years in a college that barely impacts their skill levels. While students look at engineering education as a way to liberate themselves from social and economic barriers, colleges run them as a business with no focus on impact. The fees collected from tier 3 colleges (with abysmal placement rates) itself amounts to $17B annually. At the end of it all, we have one of the largest populations of educated yet unemployable graduates in the world. A research conducted by Stanford suggests 83% correlation between Educational outcomes and GDP Growth. And our engineering colleges have near ZERO educational outcomes.

HOW ARE WE SOLVING IT

In an attempt to create a level playing field for everyone, we started Scaler Academy which is a 6-month long tech university with no upfront fees. You only pay when you find a high paying job in tech. We have been software engineers ourselves in top tech companies and we know what is required to succeed in tech. As such, we teach things that matter in tech. We started our first batch in April and we launch a new batch every month. We intake 300 people every month with more than 20k people who are in waitlists. We are off to a great start with really high classroom ratings, extremely high engagement (People spend ~5 hours daily on the site). Our early placements stories are very humbling, to say the least. We are already seeing people get 6x hikes in salaries.

Why Us
  • Global presence: we have tie-ups with 550+ companies in India, Europe,SEA, and the US who rely on us for their tech hiring.
  • Distinctive team: Our team is an inspiration powerhouse built with the best of Facebook, Bain, McKinsey, EY, InMobi and WeWork
  • Unicorn trajectory: Unlike 99% of startups, we believe in sustainable growth. No wonder, we are profitable and on course to be a unicorn in the next 24-36 months if we execute well
  • Marquee investors: Our investors are marquee firms such as Sequoia Capital (Investors in Google, Apple, and Cisco) and Tiger Global (major investor in Flipkart).
  • Great perks: Free food, fun people, health insurance and an ultra-chic office space
ROLE OF AN BUSINESS FINANCE MANAGER, SALES & MARKETING

We are looking for a results-driven and confident Assistant Financial Controller to manage and improve our organization's financial performance and accounting operations. Duties for the financial controller will include managing accounting records, evaluating and managing risk, ensuring compliance with regulations, publishing financial statements, overseeing accounting operations, analyzing financial data, monitoring expenditure, forecasting revenue, coordinating auditing processes, and ensuring accuracy of financial information.

Key Responsibilites:
  • Take overall responsibility of the PL of one of the key verticals of the Company
  • Identification, analysis and execution of the plan for growth such as revenue generation, vendor negotiation, margin improvement through cost out initiatives and efficient pricing as well as delivering profitability targets.
  • Identification of risks and opportunities in the P&L and Working Capital (leading identification and execution of cash flow opportunities)
  • Manage business development activities according to financial plan to achieve profitability and revenue.
  • Develop incentive plans for the sales and marketing team and manage the pay-outs
  • Coordinate with operations, sales, marketing, and customer service teams to supervise and support in business operations effectively.
  • Assist in the finalization of cohort bookings, refunds and revenue
  • Inspect and approve all vendor contracts and account expenses of the company.
  • Coordinating with the Finance Controller to manage tax issues
  • Define standards and procedures for revenue and marketing expenses process in the company
  • Participating in budgeting processes
  • Monitor and drive business performance
QUALIFICATION AND SKILL RQUIREMENTS
  • Chartered Accountant or MBA
  • Advanced MS Excel knowledge
  • Excellent analytical skills with an attention to detail
  • Integrity, with an ability to handle confidential information
Job Overview
  • Location: Bengaluru
  • Job Type: Full time
  • Work: Office