Assistant Manager - Corporate Finance

Job DescriptionAre 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 :Formulate, establish, and maintain accounting policies, procedures, and systems to ensure accurate reportingReview revenue accounting for Financial ServicesEnsure compliance with RBI regulations and reportingEnsure compliance with Ind AS/IGAAP for all group entitiesPrepare quarterly/annual Financial Statements (Standalone and Consolidated) and ensure compliance with relevant statuteEnsure adequacy of NPA provisions in compliance with ECL normsSupport team with lending related Financial operationsEnsure that financial ratios are monitored regularly and are in line with regulatory requirementsFront end all audits and ensure timely closureEnsure audit readinessSupport the organisation in creation of risk management frameworkReview effectiveness of controls in relation to IFC compliancesImplementation of changes in Accounting Standards, Companies Act and other relevant statuteLead accounting planning in relation to mergers and acquisitionsSystems & Processes would be an integral part of the role; ability to set up systems and establish robust and scalable processes with the appropriate risk mitigation to be put into placeMentoring team members and guiding them in meeting team’s objectiveQualification​CA with 3-4 years of experience (Articleship preferably from Big 4 audit firms)Experience in a NBFC controllership team or experience of auditing a NBFC/Bank (representing a Big 4)Good understanding of NBFC compliancesPractical knowledge of Ind AS and IGAAPExperience of setting up IFC frameworkExperience of leading team of 3-4 members