Financial Controller

Year    Bangalore, Karnataka, India

Job Description


Location: Fully remote

At Fairmatic we\xe2\x80\x99re on a mission to make roads safer, one fleet at a time. We think about insurance, risk and underwriting in an unconventional way. Auto insurance has alway been unfair: safe and unsafe drivers that look alike pay the same. Because of this, safe drivers end up subsidizing risky ones. It doesn\xe2\x80\x99t make sense. We\xe2\x80\x99re using data and AI to introduce a personalized option that incentivizes safe driving with savings. Our predictive risk models have been trained with nearly 200 billion miles of driving data and tested with hundreds of thousands of paying drivers with industry-leading underwriting results. And we\xe2\x80\x99re just getting started.

Our leadership team includes serial entrepreneurs, insurance industry savants and start-up veterans. We\xe2\x80\x99ve raised $42M from leading VCs as well as insurtech, fintech and technology industry angel investors.

At Fairmatic we do our best work while living our best lives, regardless of where we are. We have thriving teams across the globe and we are constantly looking for talented folks to welcome into the family. We are a curious, adaptable and diverse bunch of technologists and problem solvers who are obsessed about creating positive impact in the world. In our work together we strive for close collaboration, humbleness and constant learning.

We are looking for a motivated and talented Controller to oversee our accounting function and lead our book closing process. You will serve as a trusted adviser and partner to our leadership team, reporting to the Director of Finance. Together with the Director of Finance, you will be responsible for building out the long-term accounting function. This position is a perfect fit for those who bring an aptitude and desire to build best in class accounting processes in a fast-paced, quickly evolving environment.

A day in the life:

  • Planning, directing and coordinating all accounting operational functions, including A/R, A/P, payroll, cash management, taxes, and balance sheets and related reconciliations
  • Manage the month-end and year-end book close process
  • Coordinate preparation of internal and external financial statements
  • Perform budget variance analysis on a monthly / annual basis
  • Work with corporate Secretary to ensure compliance with all state insurance regulations
  • Oversee banking operations and cash management, ensuring cash management processes are sound, well documented, and strictly followed
  • Manage and oversee the international payroll processes for US, Europe, Israel, and India
  • Build out the finance and accounting function from a technical accounting perspective
  • Identify and implement accounting process improvements and automation, including evaluation of accounting software and supporting systems
  • Act as a partner and financial translator to operational leaders
  • Review daily cash activity and coordinate investment of excess cash in bank accounts
  • Mentor and support your team members, support their professional growth and nurture their curiosity
  • Exemplify and foster Fairmatic\xe2\x80\x99s humble, collaborative and impact-obsessed culture
#LI-Remote

Requirements

What you will need:
  • 8+ years of professional accounting experience, [with at least 2 years closing books]
  • Professional certification, such as CPA (certified public accountant) or CA (chartered accountant)
  • Strong knowledge of finance, accounting, budgeting, and cost control principles including generally accepted accounting principles (GAAP)
  • High proficiency with Excel and Gsuite
  • Previous Controller or Treasurer background is a plus
  • Insurance MGA experience is a plus
  • Experience in a startup or high-growth environment a major plus
  • Ability to distill complex analyses and ideas into clear and simple stories
  • Adaptability to changing priorities circumstances
  • Strong leadership presence and sharp interpersonal skills
Benefits
  • Employee Health Insurance Program
  • Private Health Care
  • Unlimited Holidays
  • Mobile and Broad Band allowance
  • Entertainment allowance
  • Wellbeing allowance
  • Pension contribution

Fairmatic

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Job Detail

  • Job Id
    JD3001964
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Bangalore, Karnataka, India
  • Education
    Not mentioned
  • Experience
    Year