Head Of Finance - Rajasthan Royals

About Blenheim Chalcot

Blenheim Chalcot is one of the leading venture builders in the world. We have been building exciting and disruptive businesses for over 26 years across sectors including FinTech, EdTech, GovTech, Media, Sport, Charity and more. These companies are all GenAI enabled and are some of the most innovative companies in the UK and increasingly around the world.

The BC team in India has been instrumental to the growth and success of Blenheim Chalcot. Established in 2014, Blenheim Chalcot India serves as a pivotal launchpad for those aiming to make a difference in the realm of innovation and entrepreneurship.

Blenheim Chalcot India is driven by a mission to empower visionaries to lead, innovate, and build disruptive solutions. We support our diverse portfolio of ventures and create impactful solutions that shape global trends. We provide a range of services to help new business get off the ground, including technology, growth (marketing and sales), talent, HR, finance, legal and tax, plus so much more!

Our Finance team at Rajasthan Royals is scaling fast and we’re looking to hire high energy, motivated and curious talent to support them on that journey!

About Rajasthan Royals

Rajasthan Royals, a cricket team in the Indian Premier League (IPL), was founded in 2008 as one of the initial eight IPL city -based franchises. Owned by Manoj Badale and chaired by Ranjit Barthakur, the team had won the IPL tournament in its inaugural season in 2008 by defeating Chennai Super Kings. The team was the runner-up in the 2013 season under Rahul David’s captaincy.
The Royals brand stands for resilience, commitment and intensity and never say die attitude. Ever since their inception, the Royals’ have been in the forefront in terms of nurturing and promoting new talent. These qualities have made the Rajasthan Royals the most loved team and enabled to it emerge as the first global sporting brand from India. In addition to being famous for unearthing and promoting obscure talent, the Royals are known for being innovators and pioneers.
We have the distinction of being:
– The first team to lift an IPL trophy in 2008
– The first team to have a Shane Warne as its overseas captain and coach
– The first team to have multiple home grounds in Jaipur and Ahmedabad
– The first team to play two exhibition games in the UK
– The first team to have a home and away kit
– The first team to have a cricket academy outside of India in the UK
The first player to win the Most Valuable Player award in an IPL and the one to win this award the maximum number of times in the history of the IPL was again a Royal – Shane Watson. We were also the first team to chase down a record IPL score of 217, a feat that stands unbroken to this day. For all these reasons, the Rajasthan Royals are rightly known as a team of firsts, and this extends to the digital realm as well – we were the first team to broadcast a designated YouTube Channel in November 2008 and to launch an electronic tablet in 2013.

The Role

Royals Multisport Private Limited (Rajasthan Royals) is seeking a Head of Finance to join our growing team. The role is for all aspects of financial management operations at the Rajasthan Royals. It will also include the development and implementation of a financial strategy that supports and sits within the Royals’ overarching business strategy and the ongoing development and monitoring of control systems to report accurate financial results. This is a leadership role reporting into the Chief Executive Officer and working closely with the organization’s senior management team and the Chairman.

Key Responsibilities 

Leadership Lead and manage the finance team to ensure the franchisee meets all its financial obligations

• Work closely with the CEO and stakeholders to ensure the timely and accurate provision of financial information to support ongoing business operations and provide decision support
• Partner with CEO and management team to drive franchise value and ensuring that the finance angle is considered in all key business decisions
• Represent the franchisee with external stakeholders including, auditors, banking partners, suppliers, commercial partners and the local community agencies
• Oversee the approval and processing of day-to-day activities in the Finance department which include managing revenue, expenditure, budgets, payroll and audits
• Serve as the management liaison to the board and audit committee; effectively communicate and present critical financial matters at board of directors and committee meetings

Financial Acumen Responsible for the annual budget, reserves, annual operational and event budgeting process

• Review and implement cost controls measures and establish and maintain appropriate internal controls and safeguards
• Develop and manage all financial control and processes, in line with the business strategy, plans and processes, while ensuring adequate financial controls and discipline
• Overseeing financial reporting, controls, coordinating audits (internal & external)
• Leading the budgeting, MIS, accounts & FP&A teams for the entire business
• Timely production of weekly and monthly management reporting of P&L, cash flow, balance sheet and associated commercial.

Audit & Risk

• Take ownership of the risk management process, reporting to the Audit, Risk and Governance committee
• Liaise with statutory and internal auditor - for half yearly audits, , accounting regulators and regulatory bodies. provide information to auditors, shareholders and other stakeholders on a timely basis

Compliance & Regulation

• Understanding of cricket governance and a passion for the development of grassroots cricket
• Ensure to enhance, such as adoption of clear reporting lines and disciplinary procedures, annual third-party compliance review/audit, adoption of policies on bribery, approval of contract partners GDPR/data protection policies, whistleblowing procedures, and initiatives with other teams to improve compliance across league
• Ensure effective internal controls and management information systems are in place
• Monitor changes in cricket regulations and policies, industry, and economy affecting the company’s finance practices, assess the implications and develop / modify procedures and controls to ably respond to the situation

Strategic

• Review procedures relating to the preparation of the company’s plans / budgets / forecasts and controls pertaining to key finance activities, monitor adherence to the relevant processes, policies and take timely action in case of deviations
• Advise senior management peers on financial planning, budgeting, and other strategic financial matters
• Strengthen the finance and accounts team that helps provide seamless and timely support to the business

Stakeholder/Relationship Management

Represent the team with external stakeholders including, auditors, banking partners, suppliers, commercial partners and the local community agencies

Develop and manage relationships and effective communications with key stakeholders and business partners

Communication Skills Excellent communication skills in a range of forums including public speaking, and a willingness to communicate widely in a publicly visible role

About you 

The ideal candidate will be responsible for financial management and contribute to the development of the company’s strategic goals. As an integral member of our executive team, s/he will strengthen the processes and infrastructure needed for the substantial growth and evolution of our business. The ideal candidate will add insight to our operational metrics and continue to develop members of finance team.

The ideal candidate will have a positive, 'can-do' mentality, ability to find ways round obstacles and willing to exploit all the available resources in order to accomplish objectives. S/he should have commitment to continuing improvement and change by the application of self-managed learning techniques, supplemented where appropriate by deliberate, planned exposure to external learning sources (mentoring, coaching, etc.) S/he must bring a proven capacity to inspire, lead and challenge people constructively, and be someone who readily assumes responsibility for driving financial performance and value-creation initiatives. S/He should have a tendency for innovation and a proactive approach in the development of an organization and have intellectual breadth to manage the financial goals and aspirations of Rajasthan Royals.

Required Skills:

Qualified Chartered Accountant with 10+ years of proven experience as Head of Finance preferably from Media and Entertainment industry with

strong affiliation with youth, sports industry, sports apparel and associated sub-sectors.

We are looking for a Head of Finance to lead a team and should have:

• Strong commercial acumen with the ability to communicate with and influence a complex range of stakeholders
• Strong working knowledge of accounting principles
• An analytical mind with a strategic ability
• Detailed oriented who is prepared to invest in significant time in enhancing financial operations
• In-depth knowledge of finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles
• Experience in managing a finance function that includes financial accounting and reporting, risk management and control, policy development etc.
• Proven ability to analyze financial data and prepare financial reports, statements, and projections
• Experience developing funding opportunities and generating additional income
• Understanding of operational and strategic aspects of Tax, Compliance, Governance Framework preferably in a multi entity scenario
• Excellent communication skills in a range of forums including public speaking

Education Qualification: 

• Chartered Accountant

What we can offer you  

• Be part of the World’s Leading Digital Venture Builder  
• Have the opportunity to be a part of and learn from the incredible diverse talent in BC  
• Be exposed to the right mix of challenges, within a culture that promotes continuous learning and development and opportunity to work with Gen AI  
• A fun and open, if a little cricket obsessed, atmosphere – we own the Rajasthan Royals IPL team!
• 24 days of annual leave, 6 floater leave and 4 public holiday days, maternity and paternity leaves.  
• Private medical for you and your immediate family.

Important

At Blenheim Chalcot, we strive to create an environment where differences are not only accepted but greatly valued; where everyone can make the most of their capabilities and potential. We promote meritocracy, competence and the sharing of ideas and opinions. We are driven by data and believe the diversity, agility, generosity, and curiosity of our people is what sets us apart as an organization. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing and advancing individuals based on their skills and talent.