Finance Associate

Finance & Accounts

About the Job:
Job Title: Executive/Associate-Finance & Accounts

Location: Bengaluru, IN

Type: On-site Full time

**Salary**: Matching industry standards

About us:
Newtrace is a climate-tech startup crafting next-gen electrolyzers for the wide-scale adoption of affordable green hydrogen. The vision we swear by is simple - to decarbonise our planet, leaving a greener, more sustainable future for generations to come.

At Newtrace, we believe that great ideas flourish when nurtured in an atmosphere that promotes work-life balance, encourages personal well-being, and fosters collaboration. Join us and be part of a remarkable journey where you can make a difference while enjoying the benefits of a supportive and invigorating workplace. Together, let's create a better future, one innovative idea at a time.

We are backed by marquee investors like Sequoia Capital, Aavishkaar Capital, Speciale Invest and Micelio Fund in our mission.

What you will do:

- All things related to purchase, finance & accounts.
- Substantiate financial transactions by auditing documents, invoices, credit, purchase card statements.
- Prepare asset, liability, and capital account entries by compiling and analyzing account information.
- Bookkeeping and documenting financial transactions by entering account information.
- Summarise current financial status by collating financial information.
- Assist in generating balance sheets, profit and loss statements, and other reports.
- Managing employee reimbursement and company wide travel booking management.
- Preparing all requisite bank letters, declaration, POs and statements required by vendors, agencies & MCA
- Maintain accounting controls by preparing and recommending policies and procedures.
- Reconcile financial discrepancies by collecting and analyzing account information from bank, accountants, CA, Vendors, etc.
- Prepare payments by verifying documentation and vendor information records.
- Maintaining the financial Management Information System (MIS).
- Request disbursements and follow up with clients towards collection of receipts.
- Resolve accounting procedure doubts by researching and interpreting accounting policy with the Head of Finance or under CA’s guidance.
- Experience in handling the cases for EPF, ESIC, Gratuity.
- Proper TDS deduction and timely deposit of tax, knowledge of GST
- Employees Taxation and Payroll processing.
- Able to handle workload and manage activities independently.
- Undertaking any other responsibilities as directed and mutually agreed with the Management.

Skills you will need:
Must have:

- Bachelors in Accounting / Finance / Economics in with 2+ years of experience.
- Proficient with Oracle Netsuite/SAP
- Good communication skill, must be a team player
- Getting things done attitude

Should have:

- In-depth understanding of - Handling entire accounting function
- accounts & finance, Cash flow, multiple P&L, Budgeting, Costing, Controls, MIS, and taxation ( Direct & Indirect Taxation)
- Proficiency in Spreadsheets & MS Office

Nice to have:

- Experience with startups preferred.
- Fund / working capital management - including DEBT funding, treasury, investments, risk management, compliance preferably in Manufacturing.

What we offer:

- Salary: Matching industries standards.
- Holidays: 12 days of customary national/state holidays, 18 days of paid vacation accrued monthly and 12 days of sick leave.
- Flexible timings with a 5-day, 45 hours/work week including breaks.
- Health insurance for employee, spouse and child(ren).
- Accident insurance for employees.
- Maternity & paternity leave policies.
- Stocked pantry, company goodies & team celebrations.

**Job Types**: Full-time, Permanent, Fresher

Pay: ₹270,040.77 - ₹480,000.00 per year

**Benefits**:

- Health insurance
- Paid sick time
- Paid time off
- Provident Fund

Schedule:

- Day shift
- Monday to Friday

Application Question(s):

- How many years of experience in Oracle ?
- Total years of work experience ?
- Current ctc?
- Notice period ?
- Expected CTC?

Work Location: In person

Expected Start Date: 11/08/2025