About Us
Classplus is India's largest B2B ed-tech start-up, enabling 1 Lac+ educators and content creators to create their digital identity with their own branded apps. Starting in 2018, we have grown more than 10x in the last year, into India's fastest-growing video learning platform.
Over the years, marquee investors like Tiger Global, Surge, GSV Ventures, Blume, Falcon, Capital, RTP Global, and Chimera Ventures have supported our vision. Thanks to our awesome and dedicated team, we achieved a major milestone in March this year when we secured a “Series-D” funding.
Now as we go global, we are super excited to have new folks on board who can take the rocketship higher🚀. Do you think you have what it takes to help us achieve this? Find Out Below!
What you will do
Need a process and a detail-oriented candidate for our Account payable department in the Finance function
- Establish and maintain financial controls, internal financial controls, and procedures for the company. Eg P2P, R2R, etc.
- Ensure that payments are processed as per the internal controls with all the proper support.
- Account the expenses properly in the corresponding GLs.
- Implement timely payment to the vendors as well as timely booking and processing of the payment.
- Work with the business team and close all escalations.
- Prepare monthly MIS with schedules of all the expenses and balance sheet items as well as Month-end closure (M+1) and provision of the expense.
- Investigate reasons of creditors outstanding > 60 days, advance standing > 30 days & provision > 30 days.
- Ensure that there are no debit balances in sundry creditors and advances > 30 days.
- Spearhead the validating, booking, and processing of the salary, F&Fs & business reimbursements.
- Forecast the working capital requirement.
- Supervise accounting and validation of Fixed assets and maintaining FAR.
- Close the internal audit, statutory audit, and due diligence as well as daily BRS.
- Accurately calculate and pay the monthly TDS and monthly GST
- Assist the consultant with filing the TDS return and GST return
- Ensure the payroll compliance is done as per the relevant act.
You should apply if you
- Bring your Financial A-game: Should be well versed with Accounting Standard and IndAS, TDS, GST, Foreign Payments, and Payroll compliance (PF, ESIC, Gratuity, PT, LWF)
- Are good with the ‘toys’: Proficient in Excel & Powerpoint. Working knowledge of Zoho & SAP.
- Are a seasoned veteran: CA with 5-6 years of experience and should have worked with a startup
- Can cut a good deal: Always eager to cut short the operating expenses.
Early joiners preferred.
Being a Part of the Clan!
At Classplus, you’re not an “employee” but a part of our “Clan”. So, you can forget about being bound by the clock as long as you’re crushing it workwise😎. Add to that some passionate people working with and around you, and what you get is the perfect work vibe you’ve been looking for!
It doesn’t matter how long your journey has been or your position in the hierarchy (we don’t do Sirs and Ma’ams); you’ll be heard, appreciated, and rewarded. One can say, we have a special place in our hearts for the Doers! ✊🏼❤️
Are you a go-getter with the chops to nail what you do? Then this is the place for you.
About Classplus
Similar jobs
Role Finance Account Manager
Location Remote
Job Type Full-Time
Qualification. Chartered Accountant
Job Responsibilities
- Analysing customers’ financial systems and procedures.
- Day-to-day or monthly accounting and maintaining accounting records of Indian entities.
- Review customers' business accounts and financial statements to ensure they are complete and accurate and rectify any financial discrepancies.
- Prepare monthly financial reports.
- Ensure timely periodic compliance filing w.r.t GST/TDS/ESI/PF/ROC etc.
- Provide ongoing accounting and reporting support.
- Manage and improve the end-to-end financial process.
- Handling Zoho Books and other relevant accounting software.
- Liaising with clients, business partners, and auditors.
- Offering expert financial advice and providing assistance on tax planning.
- Help BizPilot product team in identifying accounting areas that can be automated
What are we looking for?
- Strong understanding of accounting principles and should have handled accounting up to the finalisation of accounts of Indian entities.
- Experience in dealing with customers.
- Ability to learn new concepts quickly.
- Attention to detail and problem-solving ability.
- Excellent written and oral communication skills.
- Ability to manage stressful situations effectively.
- Ability to prioritise tasks efficiently.
About BizPilot
BizPilot is an online accounting service for SMEs in India. BizPilot combines the power of software with the expertise of CAs in a single platform. BizPilot helps businesses get clear visibility into their key financial metrics, streamlines their financial processes, and improves financial efficiency via automation.
BizPilot is a fintech startup that was founded in the year 2021.
Primary responsibilities will include:
- In-depth involvement and ownership of the financial and taxation due diligence function of the firm at every stage of the portfolio company’s transitional journey
- Developing a deep understanding and analysis of the portfolio company’s financial model
- Portfolio monitoring and financial/operational analysis
- Competition benchmarking and analysis
- Creation of frameworks and guidelines for key business functions both internal and with portfolio companies
- Stage-wise financial and operational goals setting and assessment for portfolio companies
- External and Internal reporting on a Quarterly and Annual basis
Qualifications:
- 4-6 years of relevant work experience
- CA preferred
- Working in Big 4 or 6 companies
- Strong analytical and interpersonal skills
- Should possess strong ethics and high integrity
We are looking for someone who can prepare examine and analyze accounting records financial statements and other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
Responsibilities
- Prepares monthly statements by collecting data; analyzing and investigating variances; summarizing data, information, and trends.
- Prepares state quarterly and annual statements by assembling data.
- Complies with state and federal tax filing requirements by studying regulations; adhering to requirements; advising management on required actions; calculating quarterly estimated tax payments; assembling data for quarterly and annual tax filings.
- Responds to financial inquiries by gathering, analyzing, summarizing, and interpreting data.
- Provides financial advice by studying operational issues; applying financial principles and practices; developing recommendations.
- Prepares special reports by studying variances; preparing budgets; developing forecasts.
- Updates job knowledge by keeping current with financial regulations and accepted practices; participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.
- Accomplishes finance and organization mission by completing related results as needed.
experience- 1-5 years of experience in CA firm
knowledge - filing GST and TDS returns, bookkeeping, exposure in audits.
GST:
- Verification of Books of accounts, Revenue Data and Computation of GST liability on a monthly basis
- Verification and Computation of RCM Liability on monthly basis,
- Filing of GSTR 1, GSTR 3B & Monthly returns.
- GSTR - 2A/2B reconciliation with books of accounts.
- Filling GSTR 9 – Annual return and GST audit
TDS:
- Working closely with the Tax consultants for advisory and foreign tax-related matters
Handling the assessments and queries if any
- Computation of TDS & Equalisation Levy liability on monthly basis,
- Filing of TDS returns verification of PAN etc for Payroll and Vendor related payouts.,
- Filing of Equalisation Leavy returns,
- Interacting with other functions/departments within the company
- Knowledge of WHT on International Transactions
Transfer Pricing:
- Knowledge of Transfer Pricing transactions and compliance
- Foreign subsidiaries tax compliance and structuring transactions working with foreign consultants
- Monthly/quarterly local compliances relating to International subsidiaries (US, Middle east etc)
- Other matters related to taxation
- Ensure that accounting books (Zoho Books) are closed on day-to-day basis and entries are made on tally and Zoho books.
- Ensure that journal entries required to be passed are entered on day-to-day basis on company accounting software (Zoho books).
- Ensure that adjustment entries and reclassification are properly passed in accounting software.
- Ensure that reconciliation of general ledger and sub ledger are done accurately.
- Ensure reconciliation of intercompany counter parties.
- Complies and analyzes financial information – Complies and analyzes financial information to prepare entries to accounts, such as general ledger accounts – includes inventory adjustments, standard cost adjustments, job cost adjustments, and other cost accounting-related areas.
- Reconcile general ledger activity reports, researching and correcting any errors or omissions.
- Review systems of recording transactions and input information into a general ledger – Review systems of recording transactions and input information into general ledger including monthly sales and manufacturing cost reconciliations within sub-ledgers; the documentation of Inventory system- including the flow of information from customer order to production and inventory.
- Take charge of ensuring full and prompt payment to utility companies and company vendors. They handle invoices, cut checks, and handle relationships with creditors.
- Check for the approvals of the HOD of the respective department for making any payment to vendors.
Our client is an innovative Fintech company that is revolutionizing the business of short term finance. The company is an online lending startup that is driven by an app-enabled technology platform to solve the funding challenges of SMEs by offering quick-turnaround, paperless business loans without collateral. It counts over 2 million small businesses across 18 cities and towns as its customers. Its founders are IIT and ISB alumni with deep experience in the fin-tech industry, from earlier working with organizations like Axis Bank, Aditya Birla Group, Fractal Analytics, and Housing.com. It has raised funds of Rs. 100 Crore from finance industry stalwarts and is growing by leaps and bounds.
- Ensuring the portfolio growth and quality on Pan-India level for relationships are managed
- Developing new corporate tie-ups Pan India and designing structured finance solutions to suit corporate requirements.
- Maintaining relationships with treasury, purchase and accounts team of the corporate clients to ensure seamless financing of Channel partners
- Working closely with the Tech team to develop systems in order to best serve the corporate clients.
- Managing existing programs to ensure seamless financing of supply chain partners of associated corporates.
Desired Candidate Profile
What you need to have:- The ideal candidate should be MBA (Premier institutes) or CA/ CFA and specialized graduate
- 3-5 years relevant Sales /BD experience BFSI, Supply chain finance, FinTech, or other organizations in building and nurturing mega alliances, partners especially with banks, BFSI, digital alliance.
- Be ok with the start-up (all-hands-on-deck) approach
- Have experience in scaling sales through a resource-lean model
- Good understanding of Financial Products and Credit
- Experience in Supply Chain Finance will give the candidate a strong added advantage
Experience in Tally
Good knowledge in finance