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Assistant Finance Controller

3 months ago

Gurgaon, Haryana, India OLX Full time

WELCOME TO OLX

At OLX, we work together to build a more sustainable world through trade.


We make it safe, smart, and convenient to buy and sell cars, find housing, get jobs, buy and sell household goods, and more.

Our colleagues around the world help to serve millions of people around the world every month, through its well-loved consumer brands including OLX, Otomoto, and Property24.


Join OLX and see how far you can go.

What you will be doing:

  • Operations:
o Oversee all accounts, ledgers, and reporting systems, ensuring compliance with appropriate accounting principles and regulatory requirements. Ensure underlying accounting records are accurate, complete and in accordance with GAAP.

o Review monthly financial reports for accuracy, completeness and major variances between actual and budget results

o Drive operational efficiency by monitoring and improving costing activities and data accuracy. Identify saving initiatives and leverage economies of scale.


o Manage cash flow and forecasting by developing a reliable cash flow projection process and reporting mechanism that includes a minimum cash threshold to meet operating needs.

o Oversee and approve financial transactions and reconciliations, ensuring that robust controls are in operation and workloads are managed effectively

o Lead financial compliance, ensuring that all procedures and policies are business-focused and communicated effectively to relevant stakeholders. Ensuring that finance activities are compliant with internal/external financial policies and regulations

  • Regulatory and statutory compliances
o Build a strong internal and external Audit Framework for the Company.

Own all audit activities to ensure seamless audits across geographieso Manage and comply with statutory reporting requirements and tax filingso Ensure risk identification, escalation, investigation and mitigationo Manage and responsible for all the statutory, internal, and group audits.


  • Year end and month end reporting
- o Close the month end reporting in line with the agreed timelineso Work closely with local FPA team for the accurate reporting of the India numbers to the management.o Manage the inter company reconciliations.

  • Tax and Regulatory Statutory complianceo Responsible for all Direct Tax and Indirect Tax compliance & reporting which includes IT returns, Tax provisioning, Tax Audits, DTA/DTL, etds returns, Transfer Pricing, Equalisation Levy, Goods & Service Tax (GST),
- o Involved in tax structuring, building up taxation team and reporting, appointment of best consultant to manage our tax compliance and litigationo Handling Income Tax, Service Tax, GST, Sales Tax, assessments, filed submissions in response to the requisitions of the tax officers and assisted directors by researching, drafting and filing tax appeals when summoned by Commissioner and Tax Appeal Tribunalso Liaising with senior management, lawyers, consultant and clients to ensure proper lines of communication critical in addressing a myriad of problems and issues requiring immediate attention and providing immediate resolutiono Take care of annual closing entailing preparation of annual financial statement as per Indian GAAP, 3CD, 3CEB, filing of ITR and annual report with ROC.

  • Finance transformation /Automationo Lead all the finance transformation project for India.o Assessment, blueprinting, designing, implementation of any process efficiency via digital to process transformation.
  • Team managemento Provide effective management and leadership to the finance team, and conduct performance and development reviews of staff managed, to ensure motivated performance, high quality service delivery and achievement of the business plan.o Develop and maintain a continuous improvement culture, focusing on efficient ways of working for both current and new processes.

Who we're looking for:

What we'll give you:

We are turning Diversity and Inclusion into our superpower and competitive advantage.


If you are as excited as us about this position and our company, we hope you join us If you'd like to learn more about the OLX Group take a look at the other parts of our website.

And remember, we are equal opportunities employers.

Why join OLX?
At OLX, we invest in ourselves and each other to reach our full potential.

We avoid bureaucracy and empower our teams to innovate; with opportunities, training, and leadership behaviors a key focus for all.

Our commitment to inclusion ensures we listen to a diverse range of voices when making decisions.

And, we combine the spirit and agility of a startup with our global scale and the backing of Prosus, one of the largest consumer internet groups in the world.


Diversity, Equity and Inclusion at OLX
At OLX, we are committed to creating a diverse, inclusive, and authentic workplace. We strongly encourage people of all races, ethnicities, disabilities, ages, gender identities or expressions, sexual orientations, religions, backgro