Finance & Accounts Executive
6 days ago
The role of a Finance and Accounts Executive at TrueFan AI typically involves managing the daily financial operations of the company, which is an AI-powered platform for personalized video content creation.
Core Responsibilities:
- Bookkeeping and Record Keeping: Maintaining accurate and up-to-date financial records, including general ledger maintenance, journal entries, and reconciliations.
- Transaction Management: Handling accounts payable (vendor payments) and accounts receivable (invoicing and collections).
- Financial Reporting: Assisting in the preparation of monthly, quarterly, and annual financial statements (Balance Sheet, P&L, Cash Flow) and management reports.
- Compliance & Audit: Ensuring adherence to financial regulations (like GST/TDS in India), assisting with tax filings, and supporting internal and external audit processes.
- Cash Flow: Monitoring and managing the company's cash flow, bank reconciliations, and expense control.
Context at TrueFan AI
Given that TrueFan AI is a technology startup focused on generative AI for video content (likely a B2B SaaS model in its current iteration), the executive would also be involved in:
- Startup Financial Processes: Adapting to fast-paced growth and developing scalable financial processes and controls.
- Tech-Focused Accounting: Potentially dealing with accounting for technology-related expenses, revenue recognition for SaaS/subscription services, and managing foreign exchange transactions due to a global focus (as indicated by their multilingual AI platform).
- Stakeholder Reporting: Providing financial data and insights to founders, investors (Series A funded), and senior management for strategic decision-making.
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