Khatabook - Associate - Finance - CA

1 week ago


Bengaluru, India Khatabook Full time

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.

What would you do at Khatabook : (ACTUAL JOB KEY RESPONSIBILITIES ARE MENTIONED HERE)

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 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

(ref:iimjobs.com)

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