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Finance Controller - India
Quince
Accounting & Finance
Bengaluru, Karnataka, India
Posted on Tuesday, April 23, 2024
OUR STORY
Quince was started to challenge the existing idea that nice things should cost a lot. Our mission was simple: create an item of equal or greater quality than the leading luxury brands and sell them at a much lower price.
OUR VALUES
EVERYONE SHOULD BE ABLE TO AFFORD NICE THINGS. Quality shouldn’t be a luxury. We’re proud of our mission to bring the world’s highest quality goods to people at affordable prices.
QUALITY IS MORE THAN MATERIALS. True quality is a combination of premium materials and high production standards.
WE FOCUS ON THE ESSENTIALS. From the perfect crewneck sweater to hotel quality sheets, we're all about high quality essentials that bring enjoyment to daily life.
WE’RE INNOVATING TO MAKE UNREAL PRICES A REALITY. Our uniquely developed factory-direct model lets us offer exceptionally high quality goods for much lower prices than our competitors.
ALWAYS A BETTER DEAL. We believe in real price transparency, for both our customers and factory partners. This way, everyone gets a better deal.
FAIR FACTORIES. We are committed to working with factories that meet the global standards for workplace safety and wage fairness.
OUR TEAM AND SUCCESS
Quince is a retail and technology company co-founded by a team that has extensive experience in retail, technology and building early stage companies. You’ll work with a team of world-class talent from Stanford GSB, Wish.com, D.E. Shaw, Stitch Fix, Urban Outfitters, Wayfair, McKinsey, Nike etc.
THE IDEAL CANDIDATE
The ideal candidate is a self-starter, problem-solver and successful in combining technology and data into best-in-class outcomes. The candidate is energized by solving complex business problems and consistently effective in making high-judgment decisions at rapid pace amidst the frequent ambiguity that comes with charting a course of action with no precedent. Moreover, the ideal candidate is energized by an environment where strategy, innovation and decision-making are intentionally distributed, where candor, speed and data are highly valued and colleagues at all levels hold each other to unusually high standards on behalf of Quince customers.
The Controller is a true builder at heart, and will report directly to the VP of Accounting of Quince.
We are looking for a Controller to lead Quince’s overall accounting and finance function. The Controller will build scalable and reliable accounting processes and valuable financial reporting for operational, business analytics, and planning purposes. We work with teams across the company, from data & engineering to marketing, to create efficient processes and manage spend. We are entrepreneurial in spirit and strategic in our approach to building the financials.
The ideal candidate is a self-starter, problem-solver and successful in combining technology, data science into best-in-class financial outcomes. The candidate is energized by solving complex business problems and consistently effective in making high-judgment decisions at rapid pace amidst the frequent ambiguity that comes with charting a course of action with no precedent. Moreover, the ideal candidate is energized by an environment where strategy, innovation and decision-making are intentionally distributed, where candor, speed and data are highly valued and colleagues at all levels hold each other to unusually high standards on behalf of Quince customers.
This role is a critical and strategic role and instrumental to the Company’s success. This leader will work cross-functionally throughout Quince to inspire and rapidly build a winning business.
Roles & Responsibilities
- Provide leadership and vision for scaling the Accounting team and our financial infrastructure to support Quince throughout our high-growth journey
- Oversee all accounting for the company’s India and China entities.
- Develop the team’s capabilities across the range of sub-functions: general ledger, tax, treasury, payroll, accounts payable, financial reporting, audit and legal.
- Ensure consistent implementation of corporate accounting principles and procedures in full compliance with US GAAP.
- Coaches and develops staff; planning, monitoring, and appraising performance ,Sets goals, objectives and priorities for Accounting team members.
- Manage our accounting daily activities and finance operations and develop plans for driving efficiency and automation.
- Lead or assist with systems design, integration, migration, enhancement, etc.
- Own the financial close process and all associated activity to deliver accurate and timely results.
- Lead and maintain accounting / internal controls to sustain financial security; assist in further defining department and company-wide accounting policies and procedures.
- Develop, implement and maintain the internal systems and financial controls consistent with Quince’s policies and regulatory guidelines, ensuring compliance with all tax and corporate requirements and filings.
- Understand and document reporting needs, collaborate on operational issues, develop creative solutions, and provide business guidance and insight through financial reporting.
- Prepare special projects and ad-hoc financial analysis as required.
EXPERIENCE REQUIRED
- 8+ years accounting experience, ideally culminating in a Finance Controller position
- 3+ years experience from a Big 4 public accounting firm with strong technical background
- Strong managerial skillsDetail oriented and organised.
- Expertise in India GAAP Proven track record of building strong teams and leading / influencing others through highly cross-functional projects
- Experience with direct-to-consumer, retail, and international business models in a fast-paced and high-growth environment a plus
- Strong leadership aptitude; ability to mentor talent and foster career development.
- Strong knowledge of India GAAP is a must.
- Knowledge of US GAAP is preferred.
- Highly motivated and able to thrive and think clearly under pressure and tight deadlines
- Team player with a positive attitude.
- Ability to present financial analysis as a story in an easy to understand manner to multiple types of audiences.
- Detail-oriented, organised and ability to multi-task and shift priorities quickly while maintaining control of deliverables.
- Agile; appreciation for the process but not led by the process.
- Entrepreneur; comfortable operating “at 5 feet and 5,000 feet”.
- Problem solver; self-starter; optimist; “figure it out.
Quince seeks to build high-performing teams of people from various experiences and backgrounds who can collectively push our company into new realms. We seek a diverse pool of applicants and consider all qualified candidates regardless of race, ancestry, color, gender identity or expression, sexual orientation, religion, national origin, citizenship, disability, Veteran status, marital status, or any other protected status. If you have a special need or disability that requires accommodation, please let us know.
Security Advisory: Beware of Frauds
At Quince, we're dedicated to recruiting top talent who share our drive for innovation. To safeguard candidates, Quince emphasizes legitimate recruitment practices. Initial communication is primarily via official Quince email addresses and LinkedIn; beware of deviations. Personal data and sensitive information will not be solicited during the application phase. Interviews are conducted via phone, in person, or through the approved platforms Google Meets or Zoom—never via messaging apps or other calling services. Offers are merit-based, communicated verbally, and followed up in writing. If personal information is requested to initiate the hiring process, rest assured it will be through secure and protected means.