Finance Associate
3 days ago
**About Karbon**:
Karbon Card is a B2B payment solution for India's finance leaders, entrepreneurs, business owners and corporate executives. We serve 1500+ companies across India, including decorated companies and tech unicorns.
2019/7 - Launched and became an instant hit among Bangalore founders.
2021/8 - Graduated from Y-Combinator (YC S21') among the top growth picks.
2021/9 - Closed $12mn pre-A round.
2022/2 - Closed $15mn A round.
**Key Responsibilities**:
**Accounting and Reporting support and Reviews**:
- Support and perform preliminary review for the month-end and year-end closing processes, ensuring compliance with accounting standards.
- Prepare and update accurate financial records in Zoho books, including journal entries and reconciliations as well as maintenance of prepaid and provision workings for Private limited companies.
- Assist in the preparation of financial statements and management reports for Private limited companies.
- Ensure compliance with internal controls, policies, and procedures.
- Assist in managing accounts receivable and payable processes and Fixed Asset register for Private limited companies.
- Reconcile bank statements and ensure timely resolution of discrepancies.
- Setting up new and monitoring existing financial controls, ensuring that the reports generated are in line with business activity and performing analytical review procedure.
**Compliance and Audit**:
- Assist in the preparation of audit schedules and documentation for external auditors for Private limited companies.
- Ensure compliance with regulatory requirements and industry standards.
- Support internal audit processes, suggest and implement recommendations for improvement.
- Keeping abreast with recent statutory changes primarily surrounding taxation and corporate laws. Actively research about applicable legal provisions and compliance requirement to suggest best practices.
**Treasury and Payments Management**:
- Execute timely payments to vendors and service providers
- Ensure accuracy and compliance with company policies and financial regulations
- Liaise with vendors, consultants, bankers and regulatory bodies
**Cross-Functional Collaboration**:
- Work closely with other departments to gather financial information and support business initiatives.
- Provide financial insights and recommendations to support operational and strategic goals.
- Assist in special projects and ad-hoc financial analysis as required.
**Continuous Improvement**:
- Identify opportunities for process improvements and contribute to the implementation of best practices.
- Stay updated on industry trends, accounting standards, and regulatory changes.
**Required Qualifications**:
Semi Qualified Chartered accountant with post-articleship experience of 2-3 years. Articleship exposure in the domain of Internal/Statutory audit will be ideal.
**Desired skills**:
- Working knowledge of Zoho and MS Office suite.
- Structured thinking and organised work approach
- Excellent analytical and problem-solving skills.
- Effective communication and interpersonal skills
- Ability to work under pressure and meet deadlines
- Attention to detail and accuracy in financial management and reporting
- Self-reflective and growth oriented
**Job Types**: Full-time, Permanent
Pay: ₹90,000.00 - ₹1,100,000.00 per year
**Benefits**:
- Flexible schedule
- Health insurance
- Leave encashment
- Paid sick time
- Paid time off
- Provident Fund
- Work from home
Schedule:
- Day shift
- Monday to Friday
Supplemental Pay:
- Joining bonus
- Overtime pay
- Performance bonus
**Experience**:
- total work: 4 years (required)
Work Location: In person
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