Finance Associate

3 weeks ago


Bengaluru, India Karbon Business Full time

Job Title: Finance Associate


We are seeking a detail-oriented and analytical Finance Associate to join our finance team. The ideal candidate will be responsible for assisting with financial planning, analysis, and reporting activities. This role requires a strong understanding of financial principles, excellent organizational skills, and the ability to work collaboratively with cross-functional teams.


About Karbon


Karbon Card is a B2B payment solution for India's finance leaders, entrepreneurs, business owners and corporate executives. We serve 1500+ companies across India, including decorated companies and tech unicorns.

2019/7 - Launched and became an instant hit among Bangalore founders.

2021/8 - Graduated from Y-Combinator (YC S21') among the top growth picks.

2021/9 - Closed $12mn pre-A round.

2022/2 - Closed $15mn A round.


Key Responsibilities:


Accounting and Reporting:

• Support the month-end and year-end closing processes, ensuring compliance with accounting standards.

• Prepare and update accurate financial records in Zoho books, including journal entries and reconciliations as well as maintenance of prepaid and provision workings for Private limited companies.

• Assist in the preparation of financial statements and management reports for Private limited companies.

• Ensure compliance with internal controls, policies, and procedures.

• Assist in managing accounts receivable and payable processes and Fixed Asset register for Private limited companies.

• Reconcile bank statements and ensure timely resolution of discrepancies.


Compliance and Audit:

• Assist in the preparation of audit schedules and documentation for external auditors for Private limited companies.

• Ensure compliance with regulatory requirements and industry standards.

• Support internal audit processes and implement recommendations for improvement.


Cross-Functional Collaboration:

• Work closely with other departments to gather financial information and support business initiatives.

• Provide financial insights and recommendations to support operational and strategic goals.

• Assist in special projects and ad-hoc financial analysis as required.


Continuous Improvement:

• Identify opportunities for process improvements and contribute to the implementation of best practices.

• Stay updated on industry trends, accounting standards, and regulatory changes.


Required Skills:

• B.Com (Hons.) with 3-4 years of experience in Accounting and Taxation. CA PE II/IPCC passed candidates will be an added advantage.

• Good knowledge of Zoho books (must). Knowledge of Tally will be an added advantage.

• Should have worked on TDS, Income Tax and GST compliances.

• Good communication skills (both written and verbal).

• Strong analytical and critical reasoning skills.

• Proficiency in financial software and Microsoft Office Suite (Excel, Word,PowerPoint).

• Ability to manage multiple tasks and meet deadlines in a fast-paced environment.


Preferred:

• Has an experience of working in a CA firm.

• Candidates from Bangalore would be preferred.


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