Finance Analyst-Looking for CA folks with Broking industries at It's India’s leading digital payments platform · Bengaluru (Bangalore) · 4 - 7 years · ₹30L - ₹40L / yr · Posted 13 Apr 2023
Finance Analyst-Looking for CA folks with Broking industries
at It's India’s leading digital payments platform
Finance Analyst
Location - Bangalore
About Company
It's India’s leading digital payments platform with over 280 million registered users. Using users can send and receive money, recharge mobile, DTH, data cards, pay at stores, make utility payments, buy gold, and make investments. went live for customers in August 2016 and was the first non-banking UPI app and offered money transfer to individuals and merchants, recharges and bill payments to begin with. In 2017, forayed into financial services with the launch of digital gold, providing users with a safe and convenient option to buy 24- karat gold securely on its platform. has since launched Mutual Funds and Insurance products like tax-saving funds, liquid funds, international travel insurance, Corona Care, a dedicated insurance product for the COVID-19 pandemic among others.
We have launched its Switch platform in 2018, and today its customers can place orders on over 300 apps including Ola, Myntra, IRCTC, Goibibo, RedBus, Oyo etc. directly from within the mobile app. We are accepted at over 18 million merchant outlets across 500 cities nationally.
Culture,- we take extra care to make sure you give your best at work, Everyday! And creating the right environment for you is just one of the things we do. We empower people and trust them to do the right thing. Here, you own your work from start to finish, right from day one. Being enthusiastic about tech is a big part of being at the company. If you like building technology that impacts millions, ideating with some of the best minds in the country and executing on your dreams with purpose and speed, join us!
Key Responsibilities :
- Ensuring monthly book closure, revenue recognition & accrual of proper costs in all categories to be in line with the internal guidelines and the statutory requirements
- Preparation of MIS reports, schedules, reports & MTM change analysis.0
- Validating monthly revenues, analytical checks on system reports
- Ensure compliance of all statutory audits, internal audits & ICFR related requirements within timelines. - Drive automation for various reports & activities.
- Collaborate with internal stakeholders for reporting requirements
- Work with the team for preparation of the monthly closure & Quarterly Audit plans
Job Requirements :
- CA with good academic records
- Systematically process, measure and verify financial and accounting information
- Analyze financial details and do value addition to business
- Strong Bias for action, problem solving and ownership
Full Time Employee Benefits (Not applicable for Intern or Contract Roles)
• Insurance Benefits - Medical Insurance, Critical Illness Insurance, Accidental Insurance, Life Insurance
• Wellness Program - Employee Assistance Program, Onsite Medical Center, Emergency Support System
• Parental Support - Maternity Benefit, Paternity Benefit Program, Adoption Assistance Program, Day-care Support Program
• Mobility Benefits - Relocation benefits, Transfer Support Policy, Travel Policy
• Retirement Benefits - Employee PF Contribution, Flexible PF Contribution, Gratuity, NPS, Leave Encashment
• Other Benefits - Higher Education Assistance, Car Lease, Mobile & Broadband Reimbursements, Salary Advance Policy
Shubham Vishwakarma
Full Stack Developer - Averlon
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- Financial Reporting
- Preparation of monthly standalone and consolidated financial statements.
- Coordination with group entities for timely submission of monthly compliance requirements.
- Preparation of monthly expense variance analysis and reporting to management.
- Compliance & Audit
- Addressing monthly requirements of Adani Group and other stakeholders.
- Coordinating with statutory auditors / Internal Auditors for quarterly closures and ensuring timely completion.
- Performing quarterly 26AS reconciliation with books of accounts.
- Fixed Assets & Banking
- Managing and reviewing the consolidated fixed assets register, including monthly computation and reconciliation.
- Handling monthly banking requirements related to company financiers and ensuring smooth liaison with banks.
- General Responsibilities
- Supporting management in ad-hoc requirements related to finance, accounting, and compliance.
- Assisting in process improvements, system enhancements, and strengthening internal controls.
Position: Finance Lead
Remote role
Responsibilities:
MIS (Internal & External)
1. Collate the incoming revenues through all sources namely sales, renewals, supplement sales,
Ecommerce sales and keep the revenue data update on a timely basis.
2. Collate all the expenses and outgoings in an organized manner.
3. Ensure that all expenses/outgoings are properly supported by invoices and necessary
approvals.
4. Prepare and maintain Profit and Loss (P& L) accounts and analyze financial performance.
5. Prepare and publish MIS reports for management, founders, investors and other
stakeholders to support decision making.
Payments & Compliances
6. Ensure timely payouts to Doctors/Vendors.
7. Ensure timely Statutory payments like TDS, PF, PT and filing of GST /TDS returns etc.
8. Verify the revenues earned by Sales and Services team for disbursing their incentives.
9. Advise and ensure legal compliances with respect to Companys business.
Budgeting and Forecasting
10. Periodically prepare Revenue and Expenses estimates and assist in Budgeting and
forecasting.
11. Conduct Revenue and cost analysis and advise on burn reduction and business process
efficiencies.
Audits
12. SPOC for internal and External audits and ensure correctness of data at all times.
Dashboards
13. Publish monthly Dashboards for investors founders and marketing teams review and
decision making.
Vendor & Inventory Management
14. Coordinate with vendors on stock procurement, inventory replenishment, invoice
verification, account reconciliations, payment follow-ups, and resolution of inventory and
operational issues.
15. Manage inventory records, monitor stock movements, perform periodic inventory
reconciliations, and ensure accurate inventory reporting.
Miscellaneous
16. SPOC for all Bank related.
17. Coordinate with external accounting firm, and CA firm.
18. Will be incharge for all Finance related and such other tasks assigned by the founders.
Qualifications:
• BCom is mandatory. MCom will be preferred
• At least 3 of experience corporate experience
• Proficient in Excel, knowledge of CRM tools
• Keeping abreast of all relevant taxation related rules
Experience of working in startups would be preferred
Key Responsibilities:
- Manage FP&A, budgeting, forecasting and financial planning.
- Prepare and analyze P&L, MIS, Budget vs Actuals and variance reports.
- Drive monthly/quarterly financial reporting and business reviews.
- Perform revenue, cost and expense analysis and identify improvement opportunities.
- Support business teams and management with financial insights and decision-making.
- Manage rolling forecasts, financial models and KPI reporting.
- Analyze working capital, profitability and business performance.
- Drive process automation and standardization using advanced Excel/ERP tools.
- Work closely with cross-functional teams such as Sales, Operations, Supply Chain and Business teams.
- Support management presentations, strategic planning and ad-hoc financial analysis.
Preferred Profile
- Qualified Chartered Accountant (CA).
- 6.5–10 years of relevant experience in finance/accounting.
- Strong hands-on experience in MIS, AP/P2P, controllership, audit and compliance.
- Experience with India and US finance operations / US GAAP.
- Exposure to startup/product/SaaS environments preferred.
- Experience with fundraising, due diligence or investor reporting is a strong advantage.
- Prior experience working with Founders/CXOs/Leadership preferred.
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Full Stack Developer - Averlon