Director - Finance
Simplify Alpha™
Job Description
Role Overview
Simplify Alpha operates a services/staffing (IDC-type) business model, and this Finance Controller role should be built around the financial mechanics of a people-based, billable-hours business: deal/contract profitability, bench cost management, utilization tracking, and client invoicing tied to time and material or fixed-fee arrangements. The Controller owns close, controls, and compliance for the entity, and partners closely with delivery and account leadership.
Key Responsibilities
Financial Close & Reporting
- Own monthly, quarterly, and annual close, ensuring accuracy and timeliness
- Prepare P&L, balance sheet, and cash flow statements in line with group reporting formats
- Manage revenue recognition for T&M, fixed-price, and staff augmentation contracts
- Ensure the entity's numbers roll up cleanly into group consolidation
Utilization & Deal Profitability
- Track billable utilization, bench cost, and realization rates across resources and accounts
- Build and maintain deal/contract-level profitability views (rate card vs. actual cost, including onshore/offshore cost differentials)
- Monitor bench aging and flag underutilized resources to leadership
- Support pricing decisions on new SOWs and rate card negotiations
Controls & Compliance
- Design and enforce internal controls, including approval matrices, reconciliations, and segregation of duties
- Ensure statutory compliance (tax filings, regulatory returns, and jurisdiction-specific requirements)
- Manage the statutory and internal audit process end to end
- Maintain compliance with Ind AS and US GAAP as applicable, given cross-border staffing arrangements
Intercompany & Transfer Pricing
- Manage intercompany invoicing, particularly around cross-border resource deployment and IC service agreements
- Support transfer pricing documentation and safe harbour positioning for the staffing/services model
- Track cash movement tied to client invoicing cycles and payroll-heavy cost base
Business Partnering
- Act as the finance point of contact for Simplify Alpha's delivery and account leadership
- Support annual budgeting and forecasting, with particular attention to headcount-driven cost planning
- Provide visibility on client-wise and SOW-wise margins to support account management decisions
Qualifications
- Chartered Accountant (CA) or equivalent (CPA, ACCA), 10-15 years post-qualification experience
- Experience in a staffing, IT services, or IDC (captive/BOT) business is important, specifically comfort with utilization-based profitability models and bench cost management
- Working knowledge of Ind AS and US GAAP
- Experience with ERP and time-tracking/billing systems suited to services businesses (NetSuite, SAP, or similar, plus timesheet tools)