Finance & Accounts Manager
1 week ago
AboutWeRize
Founded in 2019 by Vishal Chopra and Himanshu Gupta, WeRize is building India's largest full stack fintechplatform for 500 million underserved middle-class customers who live in 5000+ small towns of India. WeRize (Wortgage technologies pvt ltd) also owns RBI registered NBFC subsidiary (Wortgage Finance pvt ltd)
This customer segmentis not served by privatesector banks, Insurersand Mutual Fund companies due to their low ticket-size and lifetime value and is dependent on PSU/Govt. banks. PSU/Government banks rarely provide financial products beyond basic savings accounts and these customers lack access to unsecured loans, MSME loans, credit cards, affordable housing loans, loan against property , health and life insurance and investment products. WeRize manufactures innovative unsecured consumer credit, mortgages, loan against property, MSME loans,savings and insurance products designed for this customer base keeping in mind their needs, requirements and purchasing power, with a view to add a layer of financial security to their lives and enable access to credit.
While customers in these geographies use smartphones, they need properguidance and support when purchasing the right financial products for themselves. So, a pure digital model doesn't work for this segment. WeRize has innovated on this front through its 'Finance ki online dukaan (Social Shopify of Finance)', a first of its kind social distribution tech platform in the financial services space that educates and enables local financially literate freelancers across these small towns to source business through online and offline channels, recommend the right financial product(s) to customers as well as provide after sales support.These freelancers, who are located in more than 5000+ towns and cities, earn as much as INR 30,000 a month from WeRize in commissions.
Our social distribution platform supported by financially literatefreelancers means exceptionally low cost of customer acquisition (CAC) and operations costs compared to both fully digital and on-the-ground financial services providers. Digital conversions among this target group are way lower when comparedto upper income customers in metros and hence pure digital CAC doesn't workfor this segment. While companies like LIC and Fino Bank also rely on freelancer distribution, they deploy local on-fieldteams/branches to manage freelancers in every city. That resultsin very high CAC and operations costs for such companies. WeRize on the other hand, has been able to acquire, train and manage thousandsof freelancers in 5000+ citiesonly through its tech platform and without any feet-on-street team of its own. This results in highly profitable business model for Werize.
To know more about the company, please visit:
Job Description:
We are seeking a highly skilled and motivated
Chartered Accountant (CA)
with 3-4 years of post-qualification experience to join our
Controllership - Finance & Accounts
team. The ideal candidate will be responsible for overseeing financial reporting, compliance, internal controls, and ensuring accurate and timely financial data management.
Key Responsibilities:
- Oversee and manage the preparation of financial statements, ensuring accuracy and compliance with regulatory standards (Indian GAAP, IFRS, etc.).
- Ensure timely closure of monthly, quarterly, and annual financials and reporting.
- Lead and manage statutory audits, including coordination with auditors and resolving queries.
- Handle regulatory filings and compliance, including direct and indirect tax filings, TDS, GST, and other statutory requirements.
- Establish and maintain internal controls to ensure accuracy of financial records.
- Support budgeting, forecasting, and variance analysis processes.
- Monitor cash flows, working capital, and treasury functions.
- Provide insights on cost control, financial risk, and strategic decision-making.
- Collaborate with cross-functional teams to ensure smooth financial operations and support business growth.
Qualifications and Skills:
- Chartered Accountant (CA) with 3-4 years of post-qualification experience in finance and accounts.
- Experience working in an NBFC is a must.
- Strong knowledge of accounting standards, financial reporting, and tax regulations.
- Experience in managing statutory audits, financial controls, and compliances.
- Excellent analytical, problem-solving, and communication skills.
- Proficiency in accounting software and advanced Excel skills.
- Ability to work in a dynamic environment and handle multiple priorities.
Preferred Experience:
- Prior experience in controllership or financial accounting roles in a corporate environment.
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