1 CynLr Job
CynLr - Business Finance Team (3-12 yrs)
CynLr
posted 2d ago
Key skills for the job
Business Finance Team
About Role:
"Money is Metrics"
- For an actively growing org, money is an investment.
- Building financial models and management systems that maximize the conversion of expenses into investments, especially whether an endeavour was an expense or a fruitful investment is known only in "hindsight".
- While modelling sales is tangible, the key is in the ability to model & metricize intangible value that's created within the org in monetary terms - be it in IP, Development, Branding or Operations, and weave it into the price of a unit sale.
- Essentially, mapping the chain-reaction/ butterfly effect of value across business functions within the Org so that we can "Automate building of an Org, not just operating it".
- This will be a team of 3 prominent functions augmented by accounting & operations.
There are 3 core functions and if your skills match any One category below, please apply.
Financial Modelling (This is a design role not just FP&A):
- Model the Operations of the organization into Product Pricing and derive Revenue goals.
- Derive and model investment projections translating back from the Revenue goals, by mapping the functioning of each department, its current capacity, nature & complexity of its operation & its efficiency, by working with the respective department heads.
- Mapping value movement across departments and designing financial indicators for cost centres
- Build Indicators of Performance into all business functions, provide Analysis of Performance & design a Credit System for budget requisitions.
- Participate and assist in deriving the KPI across business functions & Model the Budgets, Compensation & Incentivization schemes
- Provide Financial Performance assessments for Appraisal and Budget approvals.
- For variable pay - design schemes for commissions, including the Non-sales business functions by interlinking the cross-departmental performance metrics
- Train and onboard non-financial departmental heads into Cost & Budget oriented thinking.
Financial Management:
- Cross border banking, currency movement & Financial management - currency & reserve management, Treasury management, Holding currency management to tame value loss due to depreciation
- International Banking & Bank Relationships, Instruments & Products of Banks for expenses
- Investment Modelling & Management - Model & manage financing options including debt financing & equity financing and derive a valuation
- ESOP management & shareholder Management - Investor reporting, financial reports.
- Financial Audits & Risk Management
- Cash efficiency analysis & Financial Prudence.
- Payments and remittance processing workflow setup.
- Finance & Operations Workflow & toolchain automation - SAP to Salesforce to Internal project management to Corporate banking - all toolchain automation.
- From pipeline projection for supply chain stocking to Order reception, Invoicing, remittances and payments processing - one continuum of interconnected tools.
Corporate Structuring + Compliance (Impact of law on finance):
- International structuring & modelling hold-co control for legal, expense and taxation efficiency, along with shareholder convenience.
- Cross-border value distribution across branches, Asset distributions, Customs, material movement, purchases & assets between subsidiaries in different countries.
- Cross border taxation, international accounting.
- Cross-border Financial Regulations, methods of Money Movement between subsidiaries.
- Factoring in International Labor Law, Work Visa and resource movement
- Representing business to the legal - empathizing with the legal
Good to have experience and practice with:
All Roles:
- Business Insight, Excel proficiency, Accounting Principles, P&L sheet preparation, valuation report making, Financial report making, Financial Audit, Company Secretary coordination
Financial Modelling:
- Designed if not supported in Performance appraisals, budget allocation & approval, commission computation, and modelling revenue targets.
- Business Analysis & Financial Analysis - Strong with Financial research.
- Experienced heavy International Hardware RnD setups and its Product Lifecycles
Financial management:
- Banking products & Handling International transactions, Investment Vehicles
- International Taxation and material/assets movements across subsidiaries
- Engaged with RBI, handled appeals & intimations and other country Fiduciary bodies is a great plus
- Handling investments & investor relationships is a plus
Compensation Structure:
- Base: will be based on the number of skillset requirements met & indicative capability to take ownership of responsibilities, initiatives taken & size of budget managed into earnings for the company.
- Variables: Tied to individual performance delivery, team and toolchain setup and derisking the role through process & documentation setups
- Bonuses: Tied to Initiative taken within CynLr, delivering outcomes leading to sustainable positive impact to the org (cost-saving, opportunity creation, value increase etc.)
About CynLr:
- CynLr is a VC-funded fundamental technology startup, building both HW & SW Platform that enables industrial robots specifically to perceive, learn and manipulate even unfamiliar objects in the factory floor to your household (to start with) - we narrow this and call it Visual Object Intelligence.
- Essentially, we hope to build the missing block that is currently limiting robots from replacing the use of human hands in every task performed -Eventually targeting to create a digital marketplace for recipes of Tasks and Objects.
- A 60-member team distributed across Switzerland, India & US - requiring to manage 400+ supply chain partners spread across 16 countries, with value addition & manufacturing across multiple countries - for a company of such small size, we need to deal with "every variety of business complexity" that a large MNC goes through - just not the scale and volumes yet.
Functional Areas: Other
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