Financial accountant

23 hours ago


Visakhapatnam, India Unity Growth Full time

Job Title: Financial Accountant Experience: 4+ years Salary: Minimum 4 L Location: Visakhapatnam Office Work Hours: 8pm to 5am About Unity Growth Fund Unity Growth Fund is an emerging venture capital firm based in Washington DC, specializing in private investments in the technology sector. Our portfolio includes over 25 disruptive companies, including Space X, Databricks, Stripe, Anthropic, Figure AI, Cerebras (in IPO registration) , and Robinhood (IPO). Role Overview We are seeking an experienced and detail-oriented Financial Accountant to join our team. This role is crucial in managing the firm’s financial operations, ensuring compliance with US taxation and accounting standards for venture capital funds, and overseeing payroll management for Indian employees. The Financial Accountant will work closely with the finance team to ensure accurate financial reporting, tax compliance, and payroll operations. Key Responsibilities Fund Accounting: Manage day-to-day fund accounting activities, including maintaining general ledgers, journals, and financial statements for the fund. Prepare monthly, quarterly, and annual financial reports for stakeholders, ensuring accurate and timely submission. Oversee fund performance tracking, including cash flow management, capital calls, distributions, and investor reporting. US Taxation Compliance: Ensure compliance with US taxation laws for venture capital funds, including preparation and filing of tax returns (such as 1065, K-1, etc.). Monitor and stay updated on changes in US tax regulations affecting the fund’s operations and investor relations. Work closely with external auditors and tax advisors to ensure accurate tax filings and tax planning. Payroll Management (Indian Employees): Oversee the payroll processing for Indian employees, ensuring compliance with local tax laws and regulations. Manage the calculation of salaries, bonuses, and deductions (e.g., Provident Fund, ESI, TDS), ensuring accuracy and compliance. Ensure timely disbursement of salaries and handle all related administrative tasks, such as generating payslips, filing TDS returns, and preparing tax-related documents for employees. Financial Reporting & Analysis: Assist in the preparation of financial reports and audits, providing insights into the financial health of the firm. Prepare budgets, financial forecasts, and variance analysis to support decision-making at the leadership level. Collaborate with internal and external stakeholders to ensure financial transparency and compliance with accounting standards. Regulatory Compliance: Ensure that financial operations comply with relevant regulations, including fund reporting and tax filings for both US and Indian jurisdictions. Maintain up-to-date records and documentation for all financial transactions, audits, and tax filings. Required Qualifications 4+ years of experience in financial accounting, fund accounting, or a related role, with a strong understanding of US taxation for venture capital firms. Experience in payroll management for Indian employees, with in-depth knowledge of Indian tax laws (TDS, Provident Fund, ESI, etc.). Strong knowledge of accounting principles and financial reporting standards, including US GAAP and fund accounting practices. Experience with accounting software and tools, preferably Quick Books, Xero, or similar platforms. Excellent attention to detail, organizational skills, and the ability to handle multiple tasks under tight deadlines. Bachelor's degree in Accounting, Finance, or a related field; CPA or other relevant certifications preferred.  Benefits Highly competitive compensation package and stock options Opportunities for professional growth and development Exposure to cutting-edge technology companies and industry leaders


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