Job Description
About the Company : Progcap is an award-winning Fintech and AI company that is engaged in the business of identifying and underwriting small businesses that need credit, generating credit score using alternative data and marketing of financing products. The company is working towards revolutionizing the way financial access is delivered to underserved segments of the Indian retail economy, through specialized financing and technology products that empower small and medium businesses (SMBs) to progress without obstacles. Working at the intersection of software and financial services, Progcap aims to be the first full-stack retailer-focused digital bank in India. Through its unique LMRF (Last Mile Retailer Financing) Facility, Progcap is solving a lot of problems in the entire supply chain along with bringing the underserved and capital starved MSMEs into formal financing space. As a company, Progcap has demonstrated exceptional track record, by partnering with over 70 + fortune 500 brands, working with over 700,000 on its platform, credit solution of over ~6000 Cr and raised over 100 Mn across three rounds of funding, navigated a global crisis coming out with NIL NPAs and growing the business 15x from pre-Covid levels. The company is backed by Creation Investments, Google, Tiger Global , Sequoia capital , GrowX and other well-known investors. Key Responsibility Areas:- Directly responsible for financial accounting, audit, risk, corporate finance and statutory compliances.- Manage all accounting along with Billing, A/R, A/P, Cost accounting & Revenue recognition, monthly financial statements.- Coordinate and direct the preparation of annual budget with various departments, financial forecasts, and report variances. Ensure minimal deviations and appropriate reporting of the same.- Cash flow management and fund allocation as per the agreed guidelines between the various stakeholders.- Manage reconciliation with various business partners- Manage the expectations of the stakeholders through providing them monthly MIS, accounts, cash flows statements, investor reporting, and legal compliance reports- Monthly Financial Reporting including Consolidated Financials Ind AS, Expected Credit Loss, EIR etc- Prepare quarterly and annual results deck, investment thesis and provide shareholders perspectives to top management and business leaders- Co-ordinating with Statutory Auditors to ensure smooth audit closures- Systems & Processes would be an integral part of the role; ability to set up systems and establish robust and scalable processes with the appropriate risk mitigation to be put into place.- Ability to build controls and governance within the organization with a robust framework encompassing all departments & functions- Mentoring and developing team membersSkills:- A firm grasp on numbers.- Passion for details and ability to explain them.- Strong analytical, problem solving and decision-making skills to evaluate alternatives and provide recommendation on business issues.- Ability to work in team environment and manage and lead a team.- Hustler and ability to get the work doneQualifications & Experience:- Proven track record of success as a value-added controller. The successful candidate should be a Chartered Accountant.- Experience of over 8 years with 4+ years of Controller experience preferably from NBFC industry (ref:iimjobs.com
💡 Quick Summary
Seeking a career-building opportunity? The ProgCap | Financial Controller position is now open for candidates interested in the Accountant Jobs sector. This role in New Delhi offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.
