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Senior Associate-Finance

4 weeks ago

Bangalore Urban, India Turbostart Full time

Who are we:

Turbostart is not just a startup fund and accelerator, we are a catalyst for builders and a powerhouse of innovation. Our mission is to propel early-stage startups into the future by providing unparalleled support in technology, marketing, strategy, and beyond. We're in the business of building tomorrow's leaders - today. After 5 Years and 5 Funds we have supported over 50 startups, spanning sectors, stages and geographies - and this is just the beginning

Turbostart spans India, the Middle East, the US as well as Singapore - giving you the opportunity to gain exposure and see the impact of your work ripple across regions. Turbostart has also launched 5 Centers of Excellence across Tech, Marketing, Sales, UI/UX and Investment Banking to support the growth of our startup network.

Know more about us on https://turbostart.co/

We are looking for sharp energetic minds to join our rapidly growing ecosystem and help take Turbostart and its portfolio companies to new heights


Role: Senior Associate-Finance & Accounts

We are looking for an enthusiastic and detail oriented finance professional to handle end to end finance operations and provide assistance to our portfolio entities as and when needed.

Experience Required: 4-5 years experience in handling Accounts (Tally or QuickBooks)

Location: Bangalore


What you will do:

  • Assist with bookkeeping (Tally), inter-company transactions, invoicing and pay-roll, GST, TDS, PT, PF related activities/ compliance
  • Work with startups in the portfolio and assist them in formalising business plans, and track their performance against defined goals. Put together relevant metrics in support of tracking and measurement.
  • Oversee government, legal, and regulatory requirements along with diligent record keeping and compliance with all necessary laws/guidelines
  • Tax due diligence - Identify, highlight and quantify material historical and potential tax exposures / benefits and issues involving risk of the target
  • Prepare monthly, quarterly and annual statements (balance sheets and income statements)
  • Develop and manage annual and multi-year budgets that are adequate for the organization’s and portfolio entities’ needs including preparation of periodic budget forecasts
  • Prepare and maintain cash flow analyses as needed
  • Prepare year-end books for audit
  • Process vendor payments and employee reimbursements
  • Respond to inquiries from employees regarding budgets, disbursement and other finance related queries
  • Any other assigned duties with respect to review of Tally/ Accounts, GST returns, TDS returns etc


Our ideal candidate:

  • CA with 4-5 years experience in handling Accounts (Tally or QuickBooks)
  • Good knowledge of tax and regulatory laws (Income-tax Act, stamp duty related matters etc.)
  • Overall experience in GST - requirements for filing returns, reconciliations, etc
  • Team Player
  • Effective communication and presentation skills
  • Persistent and Persuasive
  • Flexibility and adaptability
  • Work experience in a Fund, (Big 4) Consulting Company or similar organisations.