Financial controller

TrueFoundry · Bengaluru, India

About True Foundry
Every production AI system, whether it's powering customer support, writing code, analyzing financial data, or diagnosing medical conditions, needs the same foundational infrastructure. A way to route between models. A way to manage tools and integrate them securely. A way to orchestrate agents and enforce governance. A unified compute layer to run it all.
That infrastructure layer is being built right now.
We are looking for a Financial Controller to join our Finance team.
The Problem We're Solving
Companies are moving beyond simple chatbots to production agentic systems. These systems route between Open AI, Anthropic, Google, and self-hosted models. They integrate dozens of tools via protocols like MCP. They orchestrate multi-agent workflows where agents coordinate with other agents. The infrastructure to support this doesn't exist yet. You can't just duct-tape together a few API calls and call it production-ready.
You need a control plane that handles:
Intelligent routing with observability, cost policies, and fallback logic
Centralized tool and MCP server management with security and lifecycle controls
Agent orchestration with governance and guardrails
A unified compute layer to run self-hosted models, custom tools, and agents
AI Gateway is the control plane of five composable components (Prompts, LLM Gateway, MCP Gateway, Guardrails, Agent Gateway) that handle routing, orchestration, and governance.
We're Series A, backed by Intel Capital and Sequoia. Companies like CVS, Mastercard, Siemens, Paytm, Synopsys, and Zscaler run production AI workloads on our platform.
About role:
This is a foundational hire. True Foundry is building its finance function for the first time and the Finance Controller will be the operational backbone of that function.
You will work directly with the Director Finance and the founding team to establish the financial infrastructure, processes, and controls that will take the company through its Series B and beyond.
This role is for someone who has been in the room before, has built processes from scratch at a fast-moving startup, implemented ERP systems, managed cross-border compliance across India and the US, and closed books cleanly every single month regardless of how much else was happening. You know what good looks like, and you can build it here.
This is a high-ownership, high-impact role designed for an engineer who loves combining world-class systems thinking with real-world execution.
What you will do:
Controllership & Monthly Close
Own end-to-end monthly close for India and US entities with zero surprises.
Maintain general ledger, accounts payable, accounts receivable, and fixed asset register across both entities
Ensure full compliance with Ind AS for the India entity and US GAAP for the US entity
Manage intercompany transactions, eliminations, and consolidated reporting across Ensemble Labs Inc (US) and Ensemble Labs Private Limited (India)
Prepare audit-ready financials and serve as the primary point of contact for statutory auditors
Build and document accounting policies, internal controls, and approval workflows from scratch
ERP Implementation & Finance Systems
Lead the evaluation, selection, and implementation of the finance technology stack like ERP (Net Suite, Zoho Books, or equivalent), billing (Chargebee, Stripe), payroll (Gusto, Deel), expense management
(Brex, Ramp), and FP& A tooling
Build the quote-to-cash process: clean invoicing, collections, and DSO management from day one
Implement ASC 606 / Ind AS 115 compliant revenue recognition for Saa S contracts including deferred
revenue and ARR hygiene
Set up spend controls, procurement policies, and card programs that scale with headcount growth
Support SOC 2 evidence collection for finance-related processes and controls.
Statutory Compliance & Tax
Own all India statutory compliance, GST filing and reconciliation (including OIDAR obligations), TDS deduction and remittance, ROC filings, and transfer pricing documentation between entities
Manage US compliance, federal and state tax filings, Delaware franchise tax, sales tax nexus monitoring, and R& D tax credit claims under IRC Section 41
Handle cross-border compliance including withholding tax on payments to foreign vendors and partners, DTAA planning, and permanent establishment risk management
Administer ESOP and cap table on Carta grants, exercises, 409 A valuations, Form 3921, and India ESOP compliance under FEMA and Income Tax Act
Run US and India payroll with vendors, ensuring statutory compliance across both jurisdictions
Treasury & Cash Management
Own banking relationships, FX management, and intercompany settlements between India and US entities
Manage accounts payable, vendor onboarding, and procurement, ensuring clean audit trails
Optimise cash yield and manage liquidity forecasting, keeping the leadership team informed on runway at all times
Who You Are:
CA or CPA qualification; Big 4 or top-tier audit background strongly preferred
8 to 10 years of finance experience with a minimum of 4 years in a fast-paced startup or high-growth technology company
Demonstrable experience scaling a finance function: you have built processes, implemented controls, and set up systems where none existed before
Hands-on ERP implementation experience you have led or been central to at least one ERP rollout (Net Suite, Zoho Books, Tally, or equivalent)
Strong working knowledge of both Ind AS and US GAAP; multi-entity consolidation is familiar territory
Deep understanding of Indian statutory compliance: GST, TDS, ROC, transfer pricing — and US compliance including federal tax, Delaware, and R& D credits
Experience working directly with statutory auditors; you have owned the audit process, not just supported it
Fluency with Saa S metrics and revenue recognition under ASC 606 / Ind AS 115
Good to have
Experience with ESOP administration and cap table management on Carta or equivalent
Working knowledge of cross-border tax compliance DTAA, FEMA, OIDAR, withholding tax on foreign payments
Familiarity with SOC 2, ISO 27001, or enterprise security review processes
Exposure to US R& D credit claims and India GST refund processes
Experience in an AI, infrastructure, Saa S, or developer tools company
Comfort with BI tools and financial modelling beyond standard accounting software
Perks of Working at True Foundry
Join a fast-growing Series A, Bay Area-based startup building cutting-edge AI infrastructure.
Comprehensive health insurance for you and your family.
Flexible hybrid work, 3 days a week in the office (Tuesday, Wednesday and Thursday), with flexibility around the schedule.
Lunch and snacks are on us whenever you come into the office.
Work from another True Foundry office for up to 3 months each year, whether that's our London or Bay Area office, if you'd like a change of scenery.