Associate - Corporate Finance
2 weeks ago
Required Experience**2 - 3 Years**
- Skills**IND AS ,**
**IGAAP,**
**MIS**
+ 1 more
**Are you passionate about solving roadblocks & challenges faced by MSMEs in India ?**:
MSMEs contribute significantly to India’s total GDP. 90% of India’s ~$1 Trillion Retail Market is controlled by Micro, Small & Medium Enterprises (MSMEs). Which means ~$900B worth of commerce flows through these ~60M MSMEs in the form of shops/kiosks/homes, scattered all over the country. We at Khatabook, have a vision to empower MSMEs and help them increase their incomes. We have built a product that brings efficiency in MSME operations by providing them easy to use tools to manage their receivables, inventory and billing which creates transparency in their cash flow. Within the Khatabook platform, we have also enabled the facility to take loans for their short term working capital needs for select Khatabook users that are displaying good credit behavior. Our app has been downloaded over 100 Million times with a monthly active user base of 8 Million+ which are adding 220 Million+ transactions with a transaction value of $18 Billion.
**Why work with us**:
People are our biggest asset At **Khatabook**, every one of us is a dynamic superstar. We have carefully bred an ecosystem which hires nothing but incredibly and exceptionally talented people who can dream, collaborate, experiment, and break new ground. We’re a strong team that looks out for each other.
**Your role**:
We’re on the hunt for a dynamic **Associate - Corporate Finance** to join our team If you’re ready to take on challenging and impactful problems at scale, and thrive in an entrepreneurial environment that values innovation and ownership, then this opportunity is tailor-made for you.
Step into a role where your contributions will drive meaningful change and propel us forward—are you ready to make an impact? Let’s build the future together at **Khatabook**
**What would you do at Khatabook**:
- Formulate, establish, and maintain accounting policies, procedures, and systems to ensure accurate reporting for all group companies.
- Ensure timely preparation of MIS every month.
- Review monthly provisions to ensure all expenses are reported on accrual basis.
- Circulate Functional MIS post review as per agreed timelines.
- Support Business Finance teams in their analysis and MIS presentation.
- Ensure that financial ratios are monitored regularly and are in line with regulatory requirements.
- Ensure compliance with Ind AS/IGAAP for all group entities.
- Prepare quarterly/annual Financial Statement within timelines and ensure compliance with relevant statute.
- Ensure balances as per books are in line with MIS.
- Front end all audits and ensure timely closure.
- Ensure compliance with ROC requirements as per regulatory timelines.
- Set up new controls and improvise the existing processes.
- Support team members and guide them in meeting team’s objective.
**What are we looking for**:
- CA with 2-3 years of experience
- Practical knowledge of Ind AS and IGAAP, preparation of Financial Statements
- Experience of dealing with Big4 auditors
- Experience of preparing monthly MIS and provisions workings
- Practical knowledge of MS Office (Excel, PPT & Word)
- Excellent communication and stakeholder management skills
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**About Company**
**As more businesses are adopting digital for business than ever before, Khatabook’s goal can be summed up simply - Empowering merchants by simplifying their business by
- Building a complete business management platform.
- Helping businesses increase their incomes by providing them the power of technology and ammunition of insights & digital reports.
- Offering a platform catering to the specific needs of the MSME space.
**We are an equal opportunity workplace. We expect your authentic, original selves at work always and stand against discrimination on the basis of caste, creed, gender, religion or background.
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