Finance Intern

Head - Finance & Legal - Y Combinator backed Shopify-like platform

 

About Merito :-

Merito is a curated talent platform where we identify, assess, and connect candidates for matching job opportunities. We are working with the mission to change the way hiring is done. The company is founded by a team consisting of alumni from IIM Ahmedabad, McKinsey with more than 2 decades of experience in recruitment, training, and coaching.

About Our Client :-

Our client is headquartered in California and Y Combinator backed Shopify-like platform for creators & knowledge professionals (coaches, instructors, experts, artists etc.) to launch, manage and grow their business online. Founded by IIT/ IIM/ BITS/ Yale/ BCG Alumni and 3X Entrepreneurs, they are well funded and backed by top Indian VC firms along with start-up veterans like Kunal Shah (CRED). The company is founded by alumni from top IITs, IIMs, BITS, Yale including ex-entrepreneurs and from firms such as BCG, Hike, Dunzo and P&G.

Since the launch of its first version in December 2020 they have grown 25X. Creators have earned more than $1 Million since launch through the platform.

We have just closed our series A (yet to announce) and are looking to build out our leadership team across functions.

Job Description :-

The Head of Finance will be a high performing, professionally qualified individual with Senior Management experience who can lead Exly's finance and legal function and deliver its finance strategy, providing and continuously improving financial plans, systems, procedures, and practices. This individual should have collaborative approach, dynamic finance professional, technically sound, commercially savvy and an advocate of business partnering.

Purpose of this role :-

- Build the Finance function to deliver exceptional finance services with a clear focus on continuous improvement, problem solving and development, ensuring a high level of performance with a customer focus.

- Act as a strategic financial adviser to the Leadership and Senior Management Team, providing sound advice, guidance and information on organisational performance, risks, and opportunities.

- Take overall responsibility for preparation of management reporting, annual accounts, and audit matters to ensure compliance with statutory requirements and governance structures.

- Keeping the organization free of any encumbrances from legal, judiciary or financial institutions. Responsible for appropriate debt servicing, compliances related to Company's Act, Taxation and such other legal entities.

Key Responsibilities :-

- Lead the Finance team to deliver timely, high quality finance support across the organization.

- Deliver efficient and effective financial process and controls

- Manage annual closing of accounts, yearend audit process and preparation of statutory financial statements and smooth closure of audit.

- Be responsible for cash management and ensure there are no idle cash.

- Work in partnership with the Senior Management team to ensure financial statements reflect the business income and expenses.

- Review MIS reports and present it to the management team with analysis and risk exposure.

- Responsible for all legal, compliance and regulatory activities including that of submission of returns on time and making timely payment of statutory dues as well.

- Timely guidance to the team for resolving issues

- Review Balance sheet and schedules related to financial statements.

The successful applicant will be :-

- Qualified Chartered Accountant with 8 - 12 years of work experience.

- Experience in a similar role for a minimum of 2 years is necessary.

- Experience of monthly accounts, forecasts and providing MIS on tight deadlines.

- Development, implementation and monitoring of financial process and internal controls, including process improvement and system implementation.

- Ability to build and maintain relationships with other stakeholders.

- Demonstrates business partnering ability.

- Personal skills: Dynamic leader, proactive approach, detailed oriented, self-motivator, inspire and collaborate with teams.

- Functional Area: Accounts, Finance, Tax, Legal Secretarial, Audit, Business Planning.

Month-end tasks
• Prepare Balance Sheet Reconciliations
• Reconcile intercompany activity
• Perform Trial Balance Variance analysis
• Perform Accounts Payable Journal Review- (GL Account, Cost Center,
VAT & Withholding)
• Provide support of local Audits
• Prepare monthly FP&A reports
• Manage Local compliance including VAT, Withholding, Quarterly
Income Tax Return, Audited Financial Statements
• Ad-hoc tasks as necessary
• Aid in project development

Key Responsibilities –

• Designing, maintaining and updating a suite of financial models for business valuation and strategic decision making (for buy-side equity clients and SAAS companies)
• Involves conceptualizing framework, designing models and updating already developed models on monthly, quarterly, and need-based frequency
• Manage client engagements on a fully independent basis including one-to-one client communication and manage his/her work independently with end-to-end ownership of client
• Conducting financial and business analysis on various companies and preparing presentation decks and writeups for financing activities
• Preparing custom financial dashboards and screeners based on appropriate financial and operating metrics
• If required, manage 1-2 junior team members and train them on building domain/sector expertise
• Contribute/work on important pilot projects
• Create IPs/white papers/blogs/articles/teasers which can be used for marketing purpose

 

Our client is a trendy F&B startup that has added finesse to a popular street food. A diva chef with training from the Culinary Institute of America is behind this revolutionary idea.

Customers can choose from a variety of food kits that allows them to pick ingredients of their choice. With the belief that good food never fails in bringing people together, the startup has made the whole experience of eating a common meal interactive by applying the DIY concept.

 

 

Desired Candidate Profile

 

What you need to have:

• Relevant work experience as an Accountant
• Graduation is a must. Female candidates preferred
• Excellent communication skills
• Willingness to work 6 days a week
• Good knowledge and work experience in Tally
• Excellent in time management and critical thinking
• Candidate who can multitask and with an eye for detail    

 

Desired Candidate Profile

What you need to have:

 

What you need to have:

POSTION FOR ACCOUNTANT WITH 1 YEAR EXPERIENCE IN TALLY FIELD.KINDLY SEND THE RESUMES.A GOOD OPPORTUNITY IS WAITING

1) Create sales related accounting entries 2) Create sales orders, invoices upon sales intent & clearance respectively 3) Communicate with clients for payment related inquiries 4) Financial reporting to management 5) Prepare documents for auditors 6) Provide detailed analysis of all Sales transactions for future reference 7) Work on business software to maintain data, build reports 8) Manage and oversee inventory related compliance & SOP's 9) Manage, account & oversee Petty Cash 10) Coordinate with other accounting team members from HO 11) Help & assist all team members & stakeholders in tasks related to accounting & internal/external compliance & SOP's. 12) To be aware and report all activities that impact or hinder accounting compliances & accounting SOP's to management.