Finance Associate

4 weeks ago

bangalore, India Ennoventure, Inc. Full time

Ennoventure is a venture-backed deep-tech company with revolutionary technology to detect counterfeit goods. Our vision is to create a trusted value chain for delivering authentic products and experiences. We offer a fast-paced and highly collaborative work environment with significant opportunities for professional growth.

The Finance Associate will play a key role in supporting the finance department by performing various financial functions, including the review and preparation of financial statements, management reporting, and audit handling.

Accounting, Records and Reporting
• Ensure accuracy and completeness in financial statements.
• Provide reports on financial performance, emphasizing key insights and trends.
• Use Financial tools for data analysis, reporting, and financial modeling.
• Maintain basic accounting records
• Reconcile accounts and resolve discrepancies promptly.

Audit
• Coordinate and support internal and external audits.
• Meet all audit requirements, providing necessary documentation and information to auditors.
• Address queries from auditors and ensure timely audit closures
• Implement audit recommendations and maintain compliance with audit standards.

Banking
• Monitor and manage bank transactions, ensuring accurate recording.
• Handle queries related to banking transactions and liaise with the bank as needed.

Compliance
• Maintain a compliance calendar and assist in compliance filings for group entities.
• Handle filings for TDS, PF, Professional Taxes, GST Returns, and Annual filings.
• Assist in VAT Returns & Filings and corporate tax submissions for Dubai and the US.

Payable
• Process reimbursements and handle petty cash accounting.
• Collaborate with cross-functional managers on expense provisioning and month-end closures.
• Process vendor payments and prepare weekly payment summaries.
• Maintain utilities and payments calendar.

Receivables
• Follow up on vendor invoices.
• Manage accounts receivable (AR) by following up and raising periodic invoices, managing collections, and maintaining a revenue tracker.

Other Tasks
• Work closely with cross-functional teams to gather and analyze financial data.
• Assist in special projects and ad-hoc financial analyses as required.

What do we look for at Ennoventure?
• Bachelor’s degree in finance, Accounting, or related field.
• Proven experience in finance functions, financial statement review, and MIS preparation.
• Hands-on experience in handling audits.
• Basic knowledge of accounting principles and payment processing.
• Proficiency in MS Office- Excel, Word & PPT
• Strong analytical and problem-solving skills.
• Excellent attention to detail and organizational skills.
• Good communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Relevant experience in GAAP, IFRS & Accounting standards.
• Experience in GST, TDS Filing, Tally, Zoho or Other Accounting Software

What do we offer?
• We believe that our people are critical for our ambitious growth plans. We want to build an organization where people thrive, feel included, grow professionally, and enjoy having high impact through their work.

• We follow a Total rewards philosophy incorporating all elements of pay, performance rewards, wealth creation wellbeing, learning, development, and career: Pay: Competitive Salary Financial Reward: Performance-based Well-being: Health insurance & Mental health programs Learning: Ongoing investment in you and your skills. Specific self-development interventions based on your performance and potential. Compensation reviews – based on role value determined by mapping and the positioning in the Market.

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