Khatabook - Associate - Finance - CA (2-3 yrs)

About Khatabook :

- Khatabook is India's largest business management platform.

- We exist to empower India's 60 Million strong MSMEs.

- Our users' motives, methodology, expectations and behaviour are significantly different from our own when they interact with the internet and technology ecosystem which makes it harder to build for them.

- Khatabook enables MSMEs merchants to grow their businesses digitally without any hassle by using our easy-to-use platform and avail credit.

- As the world moves online, we at Khatabook are making sure the small and medium businesses are part of this digital revolution too.

- With our digital applications, payments interface and lending products we aim to empower these merchants with the internet and make doing business easy for them

- As more businesses are adopting digital for business than ever before, Khatabook's goal can be summed up simply - Empowering merchants by simplifying their business by

- Building a complete business management platform.

- Helping businesses increase their incomes by providing them the power of technology and ammunition of insights & digital reports.

- Offering a platform catering to the specific needs of the MSME space.

- We are an equal opportunity workplace.

- We expect your authentic, original selves at work always and stand against discrimination on the basis of caste, creed, gender, religion or background.

- Are you passionate about solving roadblocks & challenges faced by MSMEs in India ?

- MSMEs contribute significantly to India's total GDP.

- 90% of India's ~$1 Trillion Retail Market is controlled by Micro, Small & Medium Enterprises (MSMEs).

- Which means ~$900B worth of commerce flows through these ~60M MSMEs in the form of shops/kiosks/homes, scattered all over the country.

- We at Khatabook, have a vision to empower MSMEs and help them increase their incomes.

- We have built a product that brings efficiency in MSME operations by providing them easy to use tools to manage their receivables, inventory and billing which creates transparency in their cash flow.

- Within the Khatabook platform, we have also enabled the facility to take loans for their short term working capital needs for select Khatabook users that are displaying good credit behavior.

- Our app has been downloaded over 100 Million times with a monthly active user base of 8 Million+ which are adding 220 Million+ transactions with a transaction value of $18 Billion.

Why work with us :

- People are our biggest asset! At Khatabook, every one of us is a dynamic superstar.

- We have carefully bred an ecosystem which hires nothing but incredibly and exceptionally talented people who can dream, collaborate, experiment, and break new ground.

- We're a strong team that looks out for each other.

Your role :

- We, at Khatabook are looking to hire a fianance associate you want to tackle hard and interesting problems at scale and create an impact within an entrepreneurial environment, this is the place for you.

Job Description:

- Formulate, establish, and maintain accounting policies, procedures, and systems to ensure accurate reporting for all group companies

- Ensure timely preparation of MIS every month

- Review monthly provisions to ensure all expenses are reported on accrual basis

- Circulate Functional MIS post review as per agreed timelines

- Support Business Finance teams in their analysis and MIS presentation

- Ensure that financial ratios are monitored regularly and are in line with regulatory requirements

- Ensure compliance with Ind AS/IGAAP for all group entities

- Prepare quarterly/annual Financial Statement within timelines and ensure compliance with relevant statute

- Ensure balances as per books are in line with MIS

- Front end all audits and ensure timely closure

- Ensure compliance with ROC requirements as per regulatory timelines

- Set up new controls and improvise the existing processes

- Support team members and guide them in meeting team's objective

Qualification:

- CA with 2-3 years of experience

- Practical knowledge of Ind AS and IGAAP, preparation of Financial Statements

- Experience of dealing with Big4 auditors

- Experience of preparing monthly MIS and provisions workings

- Practical knowledge of MS Office (Excel, PPT & Word)

- Excellent communication and stakeholder management skills