Finance Associate

19 hours ago

Bengaluru Karnataka, India Insighte Childcare Private Limited Full time

Job Title: Finance Associate

Location: Insighte Childcare Pvt Ltd, Brookefield, Bengaluru

Department: Finance

Work Type: Full-time (Work from Office)

Timings: 11:00 AM - 8:00 PM

Position Overview

The Finance Associate will play a key role in managing financial operations, client billing, and employee compensation processes at Insighte, a leading organization in the field of child development and therapy services. This role requires strong accounting knowledge, attention to detail, and coordination across HR and operations teams to ensure accurate, timely, and compliant financial practices.

Key Responsibilities

1. Client Billing & Payments

Prepare and dispatch client invoices accurately and on schedule.

Send and track 300+ payment reminders monthly and maintain follow-up records.

Record incoming payments and update financial trackers daily.

Coordinate with the HR and Operations team for service verification before billing.

Manage escalations for delayed or pending payments and maintain communication logs.

2. Payroll & Employee Compensation

Process employee payroll in coordination with HR every month.

Prepare payslips and ensure accurate computation of attendance-based payments.

Verify reimbursement claims and ensure all bills have valid supporting documents.

Maintain and update employee bank and payment details with accuracy.

3. Accounting & Documentation

Record daily financial transactions and expenses in Zoho Books.

Reconcile accounts and prepare financial summaries for monthly reporting.

Maintain supporting documentation for all payments, receipts, and reimbursements.

Support audit requirements by ensuring data completeness and clarity.

4. Data Management & Reporting

Maintain HR and finance data trackers in Excel/Sheets.

Prepare monthly dashboards and reports on receivables, reimbursements, and payroll.

Track vendor payments and maintain timely updates.

5. Compliance & Coordination

Ensure all financial practices comply with internal policies and TDS regulations.

Coordinate with the Chartered Accountant (CA) for filings, TDS, and monthly compliance updates.

Maintain confidentiality and accuracy in all financial documentation.

Qualifications & Requirements

Education: B.Com / M.Com / BBA (Finance) / MBA (Finance)

Experience: Minimum 1-2 years of experience in accounting or finance (experience working with a CA or firm preferred).

Technical Skills:
Proficiency in Zoho Books or similar accounting software

Advanced Excel skills (Pivot, VLOOKUP, reconciliation templates)

Good understanding of TDS, GST basics, and invoice management

Soft Skills:
Strong attention to detail and accuracy

Ability to manage large volumes of data

Professional communication and coordination skills

Problem-solving attitude and accountability

Work Environment

At Insighte, we work closely with children, families, and therapists to create a supportive environment. The Finance Associate’s role is central to ensuring transparent, reliable, and well-documented financial processes that sustain this mission.

Compensation

**Salary**: ₹20,000 - ₹25,000 per month (based on experience and skillset)

Payment Schedule: Between the 6th - 8th of every month

TDS: 10% as per applicable norms

Health Insurance: Eligible after 1 year of continuous service

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