Financial Analyst

Yubi (https://www.go-yubi.com/) stands for ubiquitous. But Yubi will also stand for transparency, collaboration, and the power of possibility. From being a disruptor in India’s debt market to marching towards global corporate markets from one product to one holistic product suite with seven products.Yubi is the place to unleash potential. Freedom, not fear. Avenues, not roadblocks. Opportunity, not obstacles Founded in 2020 by CEO, Gaurav Kumar, Yubi's technology infrastructure, credit marketplace, risk evaluation, and collections platforms facilitate every stage of the flow of money from lenders to borrowers and back to lenders. The company is backed by esteemed investors like Peak XV, Lightspeed, Lightrock, TVS Capital, B Capital Group, Dragoneer Investment Group, and Insight Partners, among others.In March 2022, we became India's fastest fintech and most impactful startup to join the unicorn club with a Series B fundraising round of $137 million. In 2020, we began our journey with a vision of transforming and deepening the global institutional debt market through technology. Our two-sided debt marketplace helps institutional and HNI investors find the widest network of corporate borrowers and debt products on one side and helps corporates to discover investors and access debt capital efficiently on the other side. Switching between platforms is easy, which means investors can lend, invest, and trade bonds - all in one place. All of our platforms shake up the traditional debt ecosystem and offer new ways of digital finance.With a mission to deepen the debt market and democratize capital flow, Yubi is transforming the financial landscape, fostering inclusivity, and building a transparent and responsible ecosystem for all.Role : Financial Associate ( Accounts Payable )Role ObjectiveTo ensure accurate, timely, and compliant processing of vendor invoices and payments, maintaining strong financial controls and supporting the organization’s cash flow efficiency. The role emphasizes vendor hygiene, timely reconciliations, and process integrity across the procure-to-pay (P2P) cycle.Key ResponsibilitiesInvoice Processing & Validation- Process supplier invoices accurately and ensure timely posting in the ERP system. - Validate invoices against Purchase Orders (POs), Goods Receipt Notes (GRNs), and contracts. - Ensure compliance with company policies, tax regulations (GST/TDS), and accounting standards. - Manage non-PO invoices, ensuring proper approvals are in place. - Identify and resolve discrepancies between PO, GRN, and invoice promptly.Vendor Management & Hygiene- Maintain accurate and up-to-date vendor master data; ensure no duplication or inactive vendors. - Coordinate with Procurement and Business Units for vendor onboarding and document verification. - Respond to vendor queries and provide timely payment status updates. - Perform regular vendor reconciliations and clear open items.Payments & Cash Flow- Prepare and process vendor payments per company payment cycles and due dates. - Optimize payment schedules to maintain vendor relationships while ensuring working capital efficiency. - Monitor and report on due vs. overdue payments, credit terms utilization, and available discounts. - Support monthly cash flow forecasting with accurate accounts payable data.Controls & Compliance- Ensure adherence to internal control procedures and audit requirements. - Support internal, statutory, and tax audits with required documentation. - Maintain proper documentation and audit trails for all AP transactions. - Implement control measures to prevent duplicate or fraudulent payments.Reporting & Process Improvement- Prepare monthly AP reports including aging analysis, accruals, GR/IR reconciliations, and payment forecasts. - Track KPIs such as invoice processing turnaround time, payment accuracy, and vendor dispute rate. - Identify process gaps and drive automation or standardization initiatives. - Collaborate with IT and Finance teams to enhance P2P system functionality.Additional Operational Responsibilities- Perform full-cycle Accounts Payable, including 3-way matching and invoice validation. - Manage payment runs and quarterly vendor reconciliations. - Maintain vendor profiles for creation and modifications in coordination with Admin, HR, and other departments. - Respond to vendor or employee inquiries related to payment processing issues or discrepancies. - Assist in month/quarter-end closing activities and prepare AP accruals. - Record daily bank transfers and other cash-related transactions. - Reconcile Input Tax Credit (ITC) in GSTR-2B with books on a quarterly basis and follow up with vendors as needed. - Support interim and year-end audits. - Prepare and file statutory returns related to GST and TDS. - Demonstrate strong proficiency in MS Office and ERP systems (SAP / Oracle / NetSuite).Key Performance Indicators (KPIs)- Invoice processing accuracy and turnaround time - Timeliness of vendor reconciliations and open item clearance - On-time payment performance (%) - Reduction in vendor disputes and duplicate payments - Audit compliance score and exception rateSkills and Qualifications- Education: B.Com / M.Com / CA Inter (MBA or professional certification preferred for senior roles). - Experience: 5–6 years of experience in Accounts Payable / P2P (preferably in a corporate environment; not outsourcing/KPO/BPO). - Technical Skills: ERP systems (SAP / Oracle / NetSuite), Advanced Excel. - Knowledge: Accounting principles, GST/TDS compliance, audit requirements, and financial controls. - Soft Skills: Attention to detail, analytical mindset, and strong communication skills.