Sr Manager
10 hours ago
Sr. Manager/ AGM - Accounts
Position: Sr. Manager -Accounts / AGM - Accounts and Finance Location: Gurugram, India (Headquarters) Department: Finance & Accounts Reports to: Directors/Founders Employment Type: Full-time
Company Description
About Nxcar
Nxcar is on a mission to democratize the used car ecosystem in India. We are a technology-first platform empowering used car dealers with transparency, financing, and network access. By integrating inventory funding, C2B auctions, and retail loans into a single seamless layer, we are building the trust infrastructure for the $100B+ used car market.
Role Overview
We are looking for a hands-on Accounts Manager who can take complete ownership of Accounts and Finance functions at Nxcar. You will not just "supervise" but actively maintain a full set of accounts—from day-to-day bookkeeping to finalizing the Balance Sheet.
This role is critical for our operations as we scale. You will handle the financial backbone of our transactions, loan origination and inventory financing platform, ensuring every dealer disbursement, loan commission, and vendor payment is accounted for with precision.
Key Responsibilities
Full Set of Accounts & General Ledger
End-to-End Bookkeeping: Manage the complete accounting cycle (Record to Report) including Journal Entries, General Ledger, Accounts Payable (AP), and Accounts Receivable (AR).
- Monthly Closure: Ensure books are closed by the 5th of every month with accurate provisions for accruals, prepaid expenses, and depreciation schedules as per Ind AS.
Asset Management: Maintain the Fixed Asset Register (FAR) and ensure physical verification aligns with book records.
Marketplace & Credit Reconciliation (Crucial for Nxcar)
Transaction Settlement: Reconcile complex inflows/outflows from our Auction Platform—tracking Earnest Money Deposits (EMD), dealer token amounts, and refund processing.
- Lending Operations: Reconcile disbursements and repayments related to inventory funding and dealer credit lines.
Partner Reconciliation: Monthly reconciliation of commissions and payouts with our banking/NBFC partners and insurance providers.
Statutory Compliance & Taxation (Indian Context)
GST Compliance: File monthly GSTR-1, GSTR-3B, and Annual Returns (GSTR-9). Knowledge of GST on second-hand vehicles (margin scheme) is a strong plus.
- TDS & TCS: Ensure accurate deduction and payment of TDS (Salary and Non-Salary) and TCS on sale of goods (Section 206C). File quarterly TDS returns (24Q/26Q).
Payroll Accounting: Process monthly payroll, calculating PF, ESIC, and Professional Tax liabilities accurately.
Banking & Cash Flow Management
Treasury Operations: Manage daily cash flow, process vendor payments (Maker-Checker process), and maintain relations with banking relationship managers.
Bank Reconciliation: Perform daily/weekly Bank Reconciliation Statements (BRS) for multiple operating accounts to track high-volume marketplace transactions.
Audit & Financial Reporting
Financial Statements: Prepare monthly P&L, Balance Sheet, and Cash Flow statements for management review.
- Audit Coordination: Lead the statutory audit process, liaising with external auditors to ensure clean and timely completion of the Annual Report (AOC-4).
Candidate Profile
Education & Experience:
- Qualification: CA /ICWA / M.Com / MBA (Finance).
- Experience: 4–7 years of proven experience in maintaining a full set of accounts.
- Experience in Fintech, E-commerce, or Automotive sectors is highly preferred.
Technical Skills:
- Accounting Software: Mastery of Tally Prime is mandatory. Experience with other platforms like Zoho Books is an added advantage.
- Excel Proficiency: Advanced Excel skills (VLOOKUP, Pivot Tables) are required to handle large datasets of transaction logs.
- Regulatory Knowledge: Strong grasp of Indian Accounting Standards, GST Act, and Income Tax Act.
Soft Skills & Cultural Fit:
- High Ownership: You don't wait for instructions; you take full ownership of the our work.
- Frugality & Efficiency: You treat company capital as your own and constantly look for ways to optimize costs with efficiency as a goal.
- Transparency: You believe in clean books and honest reporting, with zero tolerance for ambiguity.
Why Join Nxcar?
- Build for Scale: Move beyond traditional accounting to manage finances for a high-growth tech platform.
- Impact: Your work directly supports the liquidity of thousands of small business dealers across India.
- Culture: Work in an environment that values integrity and "growth orientation"—we invest in your professional development.
How to Apply:
Please share your current resume to
, mentioning the position applied in the subject line. In the covering note please mention your location, current salary drawn and availability for Personal Interviews and earliest possible joining date.
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