Eggoz - Finance Controller - CA (5-10 yrs)

Name of the Position- Finance Controller

Job Location- Gurgaon

No. of Years of Experience- 5+ years

Department - Head of Finance

TheOpportunity:

Eggs are nature's perfect nutrition and can solve for India's nutrition problem. However, out of 40 Crore eggs consumed daily in India, more than 97% are sold in loose and unpackaged format. Indian egg industry is largely unorganized at the backend as well as the frontend. A typical egg in India takes 8-10 days to reach a retail counter by the time it is not fresh and has lost nutrition values (by more than 50% as per research). With non-fresh eggs, there is a funny egg smell and runny texture of yolk and albumen,which is very common with Indian eggs. Farmers make thin margins and are dependent on unorganized trader and wholesalers. Due to low incomes and lack of knowledge, there is heavy usage of anti-bioticsand chemicals in poultry feed that causes long-term health issues.

The Company: Eggoz - Nupa Technologies Pvt Ltd.

The Company: Eggoz Nutrition - Nupa Technologies Pvt Ltd. Founded in 2017, Eggoz is a Series B funded growth-stage egg brand and Agritech start up, funded by IvyCap Ventures, NabVentures, Avaana Capital, Rebright Partners and Others. The founders Abhishek Negi, Uttam Kumar, Aditya Singh are alumni of IIT - Kharagpur.

Eggoz is building a brand of eggs in a $12 Billion egg consumption market which is growing at rapidly at 15% annually. With growing demand for hygienic and branded foods, Eggoz is striving to build the largest branded egg company and organize the egg sector. Eggoz aims to be the 'Amul for Eggs'. It aims to deliver superior nutrition with sustainable farming, aim at better income for farmers and strive for 24-hour freshness , thereby holistically attempting to solve the current challenges in the industry.

The business model is asset-light and tech-first where farmers are on boarded to an integrated platform, which includes poultry feed & nutrition integration using only herbal ingredients, and bird management technology to improve farmer income.

Eggoz is leading and fastest growing brand of eggs. Its products are available in Omni-channel retail in 5 major metro cities and nearby non-metro towns. In the next phase, Eggoz aspires to become a household brand. It is looking to scale the brand and platform to rest of the country and build the largest national brand of eggs. It aims to build excitement around eggs and build the entire category of eggs and egg-based products.

You will enjoy being a part of Eggoz if you

- Are Hungry enough to get your hands dirty and hustle through.

- Have First principles approach towards any problem.

- Are Humble to accept mistakes and work collaboratively to find answers.

- Love being part of a 0 to 1 and 1 to 10 journey.

Job Summary:

The Finance Controller is a crucial role within the finance department, responsible for overseeing and managing all aspects of financial operations and reporting for the organization. This role ensures accuracy, compliance, and efficiency in financial activities while providing strategic guidance to senior management for making informed business decisions.

Key Responsibilities include:

Financial Reporting:

- Prepare and review monthly, quarterly, and annual financial statements, ensuring accuracy and compliance with accounting standards (e.g., GAAP).

- Consolidate financial data from various departments or subsidiaries, ensuring timely and accurate reporting to management and external stakeholders.

Internal Controls and Compliance:

- Establish and maintain internal control procedures to safeguard the organization's assets and ensure compliance with regulatory requirements.

- Monitor financial transactions and processes to identify and mitigate any potential risks or discrepancies.

- Coordinate with external auditors for annual audits and reviews.

Cash Flow Management:

- Manage cash flow and liquidity to ensure sufficient funds are available for operational needs and strategic investments.

- Implement cash flow forecasting and analysis to predict potential liquidity challenges and develop appropriate solutions.

Financial Operations:

- Supervise and manage the accounting team, ensuring accurate and timely recording of financial transactions, including accounts payable, accounts receivable, and general ledger entries.

- Review and approve financial transactions, invoices, and expense reports.

- Oversee payroll processing and tax compliance.

Strategic Financial Guidance:

- Collaborate with senior management to provide financial insights and recommendations that align with the organization's goals and growth plans.

- Participate in business strategy discussions, mergers and acquisitions, and capital investment decisions.

Team Leadership and Development:

- Lead and mentor the finance team, fostering a culture of collaboration, growth, and continuous improvement.

- Provide training and professional development opportunities to enhance team members' skills and knowledge.

Candidate Skills & Qualifications

- Chartered Accountant.

- Proven experience (typically 5+ years) in finance or accounting roles, with at least 2-3 years in a managerial or supervisory capacity.

- Strong understanding of financial principles, regulations, and reporting standards.

- Proficiency in financial software, ERP systems, and advanced Excel skills.

- Excellent analytical, problem-solving, and decision-making abilities.

- Effective communication skills, both written and verbal, with the ability to convey complex financial information to non-financial stakeholders.

- Strong leadership and team management skills.

- Attention to detail, organizational skills, and ability to prioritize tasks in a dynamic environment.