The core responsibilities for the job include the following:
Taxation and Regulatory Excellence:
- Own the entire taxation landscape, including direct tax, indirect tax (GST), international taxation, and transfer pricing for cross-border payment operations.
- Ensure comprehensive compliance with IFSCA, RBI, and other regulatory directives and applicable laws for payment service providers.
- Stay ahead of regulatory changes in fintech and payments, proactively updating policies and procedures.
- Build strong relationships with regulatory authorities, including IFSCA, ensuring timely submissions and maintaining exemplary compliance standards.
Financial Leadership and Operations:
- Oversee financial controllers managing accounting, reconciliation, and transaction operations across GIFT City and Bangalore offices.
- Direct the finance team handling GST, tax compliance, payroll management, and escrow operations.
- Establish robust internal controls and governance frameworks befitting a regulated payment institution.
- Drive strategic financial planning, budgeting, and forecasting aligned with the company's growth trajectory.
- Ensure seamless coordination between GIFT City transaction operations and Bangalore corporate finance functions.
Team Building and Development:
- Lead and expand the current finance team of two professionals into a high-performing department.
- Hire and develop specialized talent for taxation, compliance, and regulatory reporting roles.
- Build team capabilities to handle complex cross-border payment regulations and international tax matters.
- Create structured processes enabling the team to independently manage routine regulatory interactions.
- Foster a culture of compliance excellence and continuous learning.
Stakeholder Management:
- Serve as the primary or supervisory interface with external auditors, tax authorities, and regulatory bodies.
- Manage relationships with banking partners to ensure smooth financial operations.
- Lead statutory audits, regulatory inspections, and compliance certifications.
- Present financial and compliance matters to board members and potential investors.
- Coordinate with legal and compliance teams on regulatory submissions.
Strategic Financial Partnership:
- Partner directly with the founder on strategic tax planning and financial decision-making.
- Support fundraising activities through financial modeling, due diligence coordination, and investor reporting.
- Provide tax and regulatory insights for new product development and market expansion.
- Optimize corporate structure for tax efficiency while maintaining regulatory compliance.
- Drive cost optimization initiatives without compromising compliance standards.
Requirements:
- Experience: 5+ years in finance with deep specialization in taxation and regulatory compliance.
- Core Expertise: Proven track record in managing complex tax structures, regulatory filings, and compliance frameworks.
- Industry Background: Fintech, banking, NBFC, or other regulated financial services preferred.
- Qualifications: CA/CS strongly preferred; CPA or equivalent welcomed.
- Leadership: Demonstrated ability to build and lead finance teams.
Technical Skills:
- Proficiency in tax software, ERP systems, and regulatory reporting tools.
- Expert-level command of Indian direct and indirect taxation.
- Strategic mindset with meticulous attention to compliance details.
- Strong analytical and problem-solving capabilities.
- Excellent stakeholder management and communication skills.
- Ability to translate complex tax and regulatory matters into business insights.
- Thrives in fast-paced startup environments while maintaining accuracy.
- High integrity and ethical standards.