Financial Controller

Socotra, Inc.; Bengaluru; On-site; INR 4,000,000 - 7,500,000; Full time

Benefits offered by this job

Health insurance

Hybrid work schedule (3 days in office

Lunch & snacks

Global office mobility up to 3 months

Job summary

TrueFoundry in Bengaluru is seeking a Financial Controller to build the finance function from the ground up, partnering with the founder team to establish processes, controls, and ERP systems across India and the US. The role requires a CA/CPA with 8–10 years in a fast-growing tech company, hands-on ERP implementation, and deep Ind AS and US GAAP knowledge.

You will own monthly close, statutory compliance, intercompany accounting, treasury, and tax, while shaping policy and controls for a

Qualifications

• CA/CPA qualification required; Big 4 or top-tier audit background preferred.
• Experience scaling a finance function in a fast-paced startup or high-growth company.
• Hands-on ERP implementation experience with enterprise systems.

Responsibilities

• Own end-to-end controllership and monthly close for multiple entities with accuracy and timeliness.
• Lead ERP evaluation, selection, and implementation across the finance tech stack.
• Manage GST, TDS, ROC filings, transfer pricing, and multi-jurisdictional tax compliance.
• Oversee treasury, cash management, intercompany settlements, and financial planning & analysis.

Skills

CA/CPA

ERP experience

US GAAP

Ind AS

Financial modeling

Multijurisdictional compliance

Education

CA or CPA

Tools

NetSuite

Zoho Books

Tally

Job description

About TrueFoundry

Every production AI system, whether it's powering customer support, writing code, analyzing financial data, or diagnosing medical conditions, needs the same foundational infrastructure. A way to route between models. A way to manage tools and integrate them securely. A way to orchestrate agents and enforce governance. A unified compute layer to run it all.

That infrastructure layer is being built right now.

We are looking for a Financial Controller to join our Finance team.

The Problem We’re Solving

Companies are moving beyond simple chatbots to production agentic systems. These systems route between OpenAI, Anthropic, Google, and self-hosted models. They integrate dozens of tools via protocols like MCP. They orchestrate multi-agent workflows where agents coordinate with other agents.The infrastructure to support this doesn’t exist yet. You can’t just duct-tape together a few API calls and call it production-ready.

You need a control plane that handles:

• Intelligent routing with observability, cost policies, and fallback logic
• Centralized tool and MCP server management with security and lifecycle controls
• Agent orchestration with governance and guardrails
• A unified compute layer to run self-hosted models, custom tools, and agents

AI Gateway is the control plane of five composable components (Prompts, LLM Gateway, MCP Gateway, Guardrails, Agent Gateway) that handle routing, orchestration, and governance.

We’re Series A, backed by Intel Capital and Sequoia. Companies like CVS, Mastercard, Siemens, Paytm, Synopsys, and Zscaler run production AI workloads on our platform.

About role:

This is a foundational hire. TrueFoundry is building its finance function for the first time and the FinanceController will be the operational backbone of that function.
You will work directly with the Director Financeand the founding team to establish the financial infrastructure, processes, and controls that will take thecompany through its Series B and beyond.
This role is for someone who has been in the room before, has built processes from scratch at a fast-moving startup, implemented ERP systems, managed cross-border compliance across India and the US, and closed books cleanly every single month regardless of how much else was happening. You know what good looks like, and you can build it here.

This is a high-ownership, high-impact role designed for an engineer who loves combining world-class systems thinking with real-world execution.

What you will do:

Controllership & Monthly Close

• Own end-to-end monthly close for India and US entities with zero surprises.
• Maintain general ledger, accounts payable, accounts receivable, and fixed asset register across bothentities
• Ensure full compliance with Ind AS for the India entity and US GAAP for the US entity
• Manage intercompany transactions, eliminations, and consolidated reporting across Ensemble LabsInc (US) and Ensemble Labs Private Limited (India)
• Prepare audit-ready financials and serve as the primary point of contact for statutory auditors
• Build and document accounting policies, internal controls, and approval workflows from scratch

ERP Implementation & Finance Systems

• Lead the evaluation, selection, and implementation of the finance technology stack like ERP (NetSuite, Zoho Books, or equivalent), billing (Chargebee, Stripe), payroll (Gusto, Deel), expense management
  (Brex, Ramp), and FP&A tooling
• Build the quote-to-cash process: clean invoicing, collections, and DSO management from day one
• Implement ASC 606 / Ind AS 115 compliant revenue recognition for SaaS contracts including deferred
  revenue and ARR hygiene
• Set up spend controls, procurement policies, and card programs that scale with headcount growth
• Support SOC 2 evidence collection for finance-related processes and controls.

Statutory Compliance & Tax

• Own all India statutory compliance, GST filing and reconciliation (including OIDAR obligations), TDS deduction and remittance, ROC filings, and transfer pricing documentation between entities
• Manage US compliance, federal and state tax filings, Delaware franchise tax, sales tax nexus monitoring, and R&D tax credit claims under IRC Section 41
• Handle cross-border compliance including withholding tax on payments to foreign vendors and partners, DTAA planning, and permanent establishment risk management
• Administer ESOP and cap table on Carta grants, exercises, 409A valuations, Form 3921, and India ESOP compliance under FEMA and Income Tax Act
• Run US and India payroll with vendors, ensuring statutory compliance across both jurisdictions

Treasury & Cash Management

• Own banking relationships, FX management, and intercompany settlements between India and USentities
• Manage accounts payable, vendor onboarding, and procurement, ensuring clean audit trails
• Optimise cash yield and manage liquidity forecasting, keeping the leadership team informed on runway at all times

Who You Are:

• CA or CPA qualification; Big 4 or top-tier audit background strongly preferred
• 8 to 10 years of finance experience with a minimum of 4 years in a fast-paced startup or high-growthtechnology company
• Demonstrable experience scaling a finance function: you have built processes, implemented controls, and set up systems where none existed before
• Hands-on ERP implementation experience you have led or been central to at least one ERP rollout (NetSuite, Zoho Books, Tally, or equivalent)
• Strong working knowledge of both Ind AS and US GAAP; multi-entity consolidation is familiar territory
• Deep understanding of Indian statutory compliance: GST, TDS, ROC, transfer pricing — and US compliance including federal tax, Delaware, and R&D credits
• Experience working directly with statutory auditors; you have owned the audit process, not just supported it
• Fluency with SaaS metrics and revenue recognition under ASC 606 / Ind AS 115

Good to have

• Experience with ESOP administration and cap table management on Carta or equivalent
• Working knowledge of cross-border tax compliance DTAA, FEMA, OIDAR, withholding tax on foreign payments
• Familiarity with SOC 2, ISO 27001, or enterprise security review processes
• Exposure to US R&D credit claims and India GST refund processes
• Experience in an AI, infrastructure, SaaS, or developer tools company
• Comfort with BI tools and financial modelling beyond standard accounting software

Perks of Working at TrueFoundry

• Join a fast-growing Series A, Bay Area-based startup building cutting-edge AI infrastructure.
• Comprehensive health insurance for you and your family.
• Flexible hybrid work, 3 days a week in the office (Tuesday, Wednesday and Thursday), with flexibility around the schedule.
• Lunch and snacks are on us whenever you come into the office.
• Work from another TrueFoundry office for up to 3 months each year, whether that’s our London or Bay Area office, if you’d like a change of scenery.