Company Description
Beldara.com is a quick commerce platform that offers delivery in 10 minutes at your doorstep. The company pivoted from a B2B platform to quick commerce on 5th August 2024.
Role Description
This is a full-time hybrid role for a Virtual Chief Financial Officer. The CFO will be responsible for financial planning, financial statements, finance, analytical skills, and financial reporting. The role will be located in Mumbai but remote work is acceptable.
Qualifications
- Financial Planning and Financial Statements skills
- Finance and Analytical Skills
- Financial Reporting skills
- Experience in financial management and analysis
- Strong understanding of accounting principles
- Ability to make strategic financial decisions
- Bachelor’s degree in Finance, Accounting, or related field
🏦
Core Responsibilities of a CFO in Fundraising1️⃣
Developing a Fundraising Strategy- Identify and evaluate suitable funding options (e.g., equity financing, venture capital, private equity, debt financing, grants).
- Align fundraising goals with business growth objectives and financial needs.
- Plan the optimal capital structure to balance equity, debt, and internal cash flow.
2️⃣
Financial Preparation & Due Diligence- Ensure accurate and up-to-date financial statements (profit & loss, balance sheet, cash flow statements).
- Organize and present key financial metrics (burn rate, EBITDA, gross margins, etc.).
- Prepare for investor due diligence by maintaining compliance with legal and regulatory standards.
- Ensure tax compliance and accurate reporting for transparency.
3️⃣
Financial Modeling & Valuation- Build robust financial models to forecast future growth and revenue projections.
- Determine company valuation based on market trends, comparable companies, and financial performance.
- Simulate different financial scenarios to showcase growth potential and risk mitigation.
4️⃣
Investor Communication & Relationship Management- Craft compelling investor pitch decks with clear financial narratives.
- Communicate financial performance, projections, and investment opportunities effectively.
- Manage relationships with current and potential investors, financial institutions, and stakeholders.
- Provide regular updates on financial performance and fund utilization post-investment.
5️⃣
Negotiating Deal Terms- Lead and advise on deal structuring, including valuation, equity dilution, and funding tranches.
- Negotiate term sheets, investor agreements, and financing conditions.
- Safeguard the company's interests while securing favorable deal terms.
6️⃣
Managing Fund Allocation & Reporting- Develop a detailed plan for fund deployment to optimize growth and return on investment (ROI).
- Implement financial controls and reporting mechanisms to track fund usage.
- Ensure transparent reporting to investors through regular financial reviews.
7️⃣
Risk Assessment & Mitigation- Identify financial risks associated with fundraising and growth.
- Implement strategies to mitigate risks, including hedging, diversification, and scenario planning.
- Ensure compliance with financial regulations, corporate governance, and investor agreements.
