Finance Controllership

3 hours ago

Bengaluru, Karnataka, India Xflow Payments Full time ₹ 12,00,000 - ₹ 24,00,000 per year

Xflow is building cross-border payments infrastructure that provides businesses access to global markets, starting with those in India and subsequently other parts of South & South East Asia. We are enabling users to accept and payout money globally in a simple, reliable, compliant, transparent and financially compelling manner.

Building payments infrastructure is hard, and elegantly solving for cross-border payments infrastructure for businesses even more so. The complexity stems from the different changing regulatory requirements of the many countries that we will operate in, building payment guarantees in existing rails (or for that matter, creating a new payment rail altogether) and capturing value in a way where we are net additive to our users. This complexity excites and motivates us because we know that when we get it right, businesses around the world and their customers will be better off for it.

Xflow is hiring for its Finance Controllership team. As one of the early members of the team, the individual hired for the role will play a crucial role in ensuring the accuracy and efficiency of our financial operations. He/she will be expected to own processes relating to revenue recognition, expense management, month-end closing etc. and gradually grow into taking on more responsibilities related to controllership and business finance.

Responsibilities:

  • Assist in revenue recognition processes, ensuring adherence to accounting standards and company policies

  • Take ownership of expense management, including tracking, recording of expenses and ensuring that payables are processed in a timely manner

  • Analyze expense trends and identify opportunities for cost savings

  • Drive month-end closing activities such as reconciling accounts, investigating and resolving any discrepancies, and ensuring timely and accurate financial reporting

  • Maintain accurate and up-to-date records of volume processed, revenue earned and expenses towards bank partners

  • Prepare, consolidate and present insightful financial reports for leadership teams, highlighting key performance indicators and financial metrics

  • Prepare financial projection based on strategic plans 

  • Work closely with Xflow's accounting partners on matters relating to accounting, tax etc.

  • Identify, perform and drive improvements to internal controls and procedures

  • Work with GTM, Business operations team to automate reporting by leveraging existing data sets wherever possible

  • Ensure compliance with financial regulations and internal policies

  • Assist in audits by providing necessary documentation and explanations

Minimum Qualifications:

  • Candidates with CA background or equivalent qualification preferred. 

  • Prior experience (preferably 4-6 years) in finance or accounting roles is mandatory

  • Strong knowledge of expense management, month-end closing procedures, and reconciliation

  • Proficiency in financial analysis and reporting

  • Excellent attention to detail

  • Strong communication and interpersonal skills

  • Proficiency in Microsoft Excel/Google Sheets 


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