Finance Head (Senior Chartered Accountant)

Position Overview:

BestEx Research Group, a prominent leader in the algo execution space and offers its cloud-based algorithmic execution platform as Software as a Service (SaaS) to its clients. Company is seeking a highly detail-oriented and organized Chartered Accountant to join global team to support growth of the global finance operations for U.S. parent and its subsidiaries/ branches around the world including India and Singapore. Responsibilities include both day-to-day accounting functions and broader operational leadership to make the company ready from finance perspective.

As the finance leader, you will ensure the accuracy and integrity of financial records and trade- related transactions. You will play a crucial role in maintaining compliance, streamlining processes, and supporting financial reporting requirements. As our local team expands, you will also take on leadership responsibilities—managing branch operations and mentoring a growing group of finance professionals.

This position offers a unique opportunity for an experienced accounting professional to make a meaningful impact in a fast-paced, collaborative environment. If you’re driven, adaptable, and eager to grow with an innovative company, we’d love to hear from you.

Key Responsibilities:

1. Finance Operations Management:

● Oversee and manage all day-to-day operations of the finance function within the Bengaluru branch, ensuring accuracy, efficiency, and compliance in all financial workflows.

● Supervise and mentor the local finance team, providing guidance, support, and professional development in alignment with company-wide financial goals and standards.

● Develop and implement finance-specific operational strategies to enhance productivity, streamline processes, and support global reporting requirements.

● Monitor performance against key financial and operational metrics, ensuring the team consistently meets internal deadlines and service level expectations.

2. Financial Reporting & Analysis:

● Assist in preparing comprehensive monthly, quarterly, and annual financial reports for management review.

● Generate detailed reports on trade activity, including profit/loss statements, fee breakdowns, and commission structures.

● Analyze financial trends, providing insights to help the team assess operational efficiency and profitability.

3. Audit & Compliance Support:

● Support internal and external audit processes by providing accurate documentation and ensuring all financial records are compliant.

● Help maintain adherence to tax regulations and accounting standards to ensure smooth and efficient audit cycles.

4. Transaction Recording & Maintenance:

● Accurately record and track all trade-related transactions, including commissions, clearing fees, execution fees, and other trading expenses.

● Input daily financial data into QuickBooks Enterprise, ensuring proper classification of accounts and financial entries.

● Ensure strict compliance with US GAAP and industry regulations, ensuring accurate financial transactions and reporting.

5. Reconciliation & Account Management:

● Regularly reconcile bank and brokerage accounts, verifying consistency with trade records and statements from external partners (e.g., clearers, brokers).

● Monitor cash flow related to trading activities, ensuring accurate documentation and timely reconciliation of all transactions.

6. Accounts Payable & Receivable:

● Process vendor invoices with precision, ensuring they are accurately documented and paid on time.

● Generate and send client invoices for trade-related services and proactively follow up on outstanding balances.

● Maintain aging reports, assist in collections, and engage with clients effectively to resolve any issues related to unpaid invoices.

7. General Financial Support:

● Provide administrative assistance to the finance team by completing ad-hoc tasks such as financial analysis, reporting, and data entry.

● Organize and maintain financial files, ensuring that documents and reports are easily accessible.

Skills & Qualifications:

● Proven experience to establish and operate finance operation, with prior experience in the financial services or trading sectors being a strong advantage.

● Strong understanding of accounting principles, financial reporting, and reconciliation processes.

● Familiarity with financial transaction management, especially in trading or brokerage environments, is highly desirable.

● Proficient in accounting software (e.g., QuickBooks, Xero, Sage) and MS Excel for financial analysis and reporting.

● Detail-oriented with excellent organizational skills and the ability to manage multiple tasks effectively.

● Strong communication skills for seamless interaction with both internal team members and external partners.

● Proven experience in managing or overseeing finance function operations, with a focus on team leadership and operational efficiency.

● Experienced Chartered Accountant in Accounting, Finance, or a related field.

Working Hours & Environment:

● Full-Time position: 40 hours per week.

● Work Location: Bengaluru

● Compensation: Competitive salary, commensurate with experience

Why Join Us?

Impact: Contribute directly to the financial health and success of a growing and dynamic company.

Your work will have a meaningful impact on day-to-day operations and long-term success.

Growth Opportunities: Expand your knowledge and experience in establishing the world class finance operation. You will have the chance to enhance your career while working in a collaborative and fast-paced environment.

Work-Life Balance: Enjoy the opportunity to work part-time, providing you with a balanced lifestyle while making a meaningful contribution to the company.