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Head of Finance

at MCB

Hyderabad, India Director Plus Posted 2026-01-17

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About this role

Role Overview We are looking for a strategic and hands-on Head of Finance to build and lead MyClassboard’s finance function. This role will be responsible for structuring end-to-end invoicing and revenue processes , driving budget planning and financial forecasting , and partnering closely with the CEO to support business growth and decision-making. The ideal candidate comes from a SaaS background , understands subscription-based revenue models , and can balance strategic finance leadership with operational execution . Key Responsibilities 1. Invoicing & Revenue Operations Design and implement a structured invoicing and billing process for subscription and one-time revenue Ensure accurate ARR, MRR, collections, and revenue recognition Partner with Sales and Accounts teams to streamline contract-to-cash cycle Set up systems for pricing approvals, discount governance, and credit control Improve billing accuracy, reduce revenue leakage, and strengthen compliance 2. Budgeting & Financial Planning Lead annual budgeting and quarterly forecasting processes Work closely with the CEO and leadership team on business planning and cost optimization Build financial models for growth, pricing, hiring, and expansion plans Track actuals vs budget and provide actionable insights 3. SaaS Financial Management Own key SaaS metrics: ARR, MRR, CAC, LTV, Churn, Gross Margin Provide dashboards and reports for leadership and investors Support fundraising, investor reporting, and board-level financial presentations 4. Accounting, Compliance & Controls Oversee accounting, audits, statutory compliance, and tax filings Ensure adherence to financial policies and internal controls Manage external auditors, banks, and financial institutions 5. Team & Stakeholder Leadership Build and mentor a high-performing finance and accounts team Collaborate with Sales, HR, Operations, and Product leaders Act as a trusted financial advisor to the CEO Key Requirements 8–15 years of finance experience CA, with at least 3–5 years in a finance leadership role Strong experience in SaaS / subscription-based business models Proven expertise in invoicing systems, revenue recognition, and contract-to-cash Hands-on experience in budgeting, forecasting, and financial modelling Knowledge of Indian accounting, taxation, and compliance Strong stakeholder management and business partnering skills Preferred Background SaaS / Tech / EdTech industry experience Experience working with Zoho, Salesforce, or ERP-based billing systems Exposure to startup / scale-up environments What Success Looks Like in This Role Structured, error-free invoicing & billing process Predictable cash flow and improved collections Data-driven budgets supporting growth Clear financial visibility for CEO and leadership Strong financial governance and compliance

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