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Tide

Financial Controller

Posted 13 Days Ago
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In-Office
Delhi, New Delhi, Delhi, IND
Senior level
In-Office
Delhi, New Delhi, Delhi, IND
Senior level
The Financial Controller will manage financial reporting, internal controls, statutory audits, and compliance for Tide's operations in India. Responsibilities include collaborating with teams for financial planning, overseeing accounting processes, and ensuring accurate financial transactions.
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ABOUT TIDE

At Tide we help SMEs save time (and money) in the running of their businesses by not only offering business accounts and related banking services, but also a comprehensive set of highly usable and connected administrative solutions from invoicing to accounting.

Tide is transforming the small business banking market with over 1.8 million members globally across the UK, India, Germany and France.

Using advanced technology, all solutions are designed with SMEs in mind. With quick onboarding, low fees and innovative features, we thrive on making data-driven decisions to serve our mission: to help SMEs save both time (and money) so they can get back to doing what they love.

Tide facts:

  • Tide is available for UK, Indian, German and French SMEs
  • Over 1.8 million members: 800,000 UK and 1,000,000 in India and growing rapidly
  • Over $300 million raised in funding
  • Over 2,500 Tideans globally - we’re diversity champions!
  • We have offices in Central London, with a member support and technology centre in Sofia, Bulgaria, technology centres in Serbia, Romania, Lithuania and Hyderabad and offices in Gurugram and New Delhi, and in Berlin, Paris and Luxembourg.
ABOUT THE TEAM: 

It’s exciting times here at Tide, we are scaling and developing our product offering at a phenomenal rate and have made our first step into our ambitious plans towards international expansion with our move into the Indian SME marketplace. We need someone to be proactive, take initiative and build out best in class financial reporting and control processes and procedures for our Indian operations.

As our new Financial Controller you’ll report to the Director of Finance and be responsible for the financial controllership of our Indian entities

ABOUT THE ROLE:
  • Ensuring proper books and records for all financial transactions
  • Ensuring timely and accurate reporting of monthly P&L, balance sheet and cash flow, annual financial statements and regulatory reporting
  • Maintaining best practice documentation of accounting policy and papers for material transactions and revenue recognition
  • Building robust financial control processes and strengthening internal control framework
  • Collaborating with the Group financial reporting team to ensure consistency and adherence with Group reporting policies, controls and procedures.
  • Legal entity control and intercompany balance reconciliation
  • Collaborating with the Group financial reporting team to ensure consistency and adherence with Group reporting policies, controls and procedures
  • Partnering business leaders in India and collaborating with the Global FP&A team on financial planning and forecasting activities
  • Collaborating with the Global Treasury team on working capital, cash and FX  management associated with our Indian operations
  • Managing relationships with external auditors, tax advisors and outsourced accounting providers
  • Advising business areas and collaborating with other departments on tax, transfer pricing and accounting matters - Acting as taxation and finance SME for our India-based operations
  • Collate financial data for the preparation of tax and regulatory reporting, ensuring compliance with tax, export and RBI legislation 
  • Regular reporting financial performance, financial risk, financial control and taxation matters to management and the Finance & Audit Committee
  • Identifying opportunities to streamline and improve accounting processes, operations and systems
  • Overseeing the monthly ledger close, cost accounting and accounts payable function of our Indian operations
  • Growing and developing the financial control team

WHAT WE ARE LOOKING FOR:
  • Experience working in fintech or payment services
  • Strong financial acumen and excellent technical accounting skills. Familiar with accounting standard and disclosure requirements under Indian GAAP and/or IFRS
  • Experienced in dealing with the statutory audit of financial services company
  • Experienced in dealing with cross-border services, transfer pricing and Indian export legislation (FEMA)
  • You hold a professional finance qualification (CA)
  • 5 to 8 years PQE
  • Confident dealing with senior stakeholders across the business and owning your work with minimal hands-on management
  • Commercial acumen
  • Meticulous attention to detail
  • Ability to take responsibility for business-critical financial operations
  • Exceptional organisational skills
  • Curious mind and high level of problem solving capability
  • Motivated by making a difference and getting things done
  • You would like to work in a fast-paced, startup environment
  • Personable, and able to build strong working relationships
  • Tech savvy
  • Hold a degree from a top-tier university

WHAT YOU’LL GET IN RETURN:

Make work, work for you! We are embracing new ways of working and support flexible working arrangements.  Plus, you’ll get:

  • Competitive salary 
  • Self & family health insurance
  • Term & life insurance
  • OPD benefits
  • Mental wellbeing through Plumm
  • Learning & development budget
  • WFH setup allowance
  • 25 annual leaves
  • Family & friendly leaves
  • Stock options


TIDE IS A PLACE FOR EVERYONE

At Tide, we believe that we can only succeed if we let our differences enrich our culture. Our Tideans come from a variety of backgrounds and experience levels. We consider everyone irrespective of their ethnicity, religion, sexual orientation, gender identity, family or parental status, national origin, veteran, neurodiversity or differently-abled status. We celebrate diversity in our workforce as a cornerstone of our success. Our commitment to a broad spectrum of ideas and backgrounds is what enables us to build products that resonate with our members’ diverse needs and lives. 

We are One Team and foster a transparent and inclusive environment, where everyone’s voice is heard.


At Tide, we thrive on diversity, embracing various backgrounds and experiences. We welcome all individuals regardless of ethnicity, religion, sexual orientation, gender identity, or disability. Our inclusive culture is key to our success, helping us build products that meet our members' diverse needs. We are One Team, committed to transparency and ensuring everyone’s voice is heard.

 
Disclaimer
 
It has come to our attention that individuals or agencies are falsely claiming to represent Tide and are reaching out to candidates regarding job opportunities. Please be aware that:
  • Tide does not charge any fees at any stage of the recruitment process.
  • All official Tide job opportunities are listed exclusively on our Careers Page and applications should be submitted through this channel.
  • Communication from Tide will only come from an official @tide.co email address.
  • Tide does not work with agencies or recruiters without prior formal engagement, and we do not authorize third parties to make job offers on our behalf.

If you are contacted by anyone misrepresenting Tide or requesting payment, please treat it as fraudulent and report it to us immediately at [email protected]
Your safety and trust are important to us, and we are committed to ensuring a fair and transparent recruitment process.


Tide leverages AI to enhance our hiring experience. You can read more about how we use AI in our recruitment process in our AI Policy.

Your personal data will be processed by Tide for recruitment purposes and in accordance with Tide's Recruitment Privacy Notice.

HQ

Tide New Delhi, Delhi, IND Office

5th floor, E3/15, Block E 3, Jhandewalan Extension, Jhandewalan, New Delhi, Delhi, India, 110005

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