Finance Associate in Bombay, भारत

Designation: Finance Associate

Qualification: Semi-qualified CA/CMA, or https://jobeax.com/link/qWXnjFgQhSFTUarO with an MBA in Finance or equivalent

Experience: 3–6 years

Shift Timings: Approximately 11:00 AM – 8:00 PM IST

Work Mode: Remote (India) | Occasional travel or coordination as required

Preferred ERP: Zoho Books

Key Responsibilities

1. D2C and Channel Accounting

• Help design and improve sales-to-books processes and integrations as sales channels scale.
  
• Account for sales through company-owned Shopify storefronts and quick-commerce platforms such as Blinkit, Zepto, and Swiggy Instamart.
  
• Reconcile orders, returns, payment gateway transactions, Cash on Delivery (COD) settlements, channel payouts, and deductions with the books of account.
  
• Track channel-wise inventory, consignment or Sale-or-Return (SOR) stock, and margins, wherever applicable.
  

2. Reporting and MIS

• Prepare daily, weekly, and monthly MIS and management reports, as required.
  
• Prepare supporting schedules, reconciliations, and analyses for review by senior finance team members.
  

3. Banking and Treasury Support

• Execute and record payments, perform bank reconciliations, and track fund positions across entities.
  
• Support cash flow monitoring and disciplined working capital management.
  

4. Accounting and Bookkeeping

• Maintain complete and accurate books of account for each portfolio company using Zoho Books.
  
• Record purchases, sales, expenses, bank transactions, and journal entries while ensuring that ledgers remain accurate and reconciled.
  
• Perform monthly book closures and prepare financial statements for review.
  

5. Accounts Receivable and Accounts Payable

• Prepare and issue invoices to customers and channel partners, and track and follow up on collections.
  
• Process vendor bills and payments in accordance with approved policies while ensuring prudent management of credit cycles.
  
• Maintain accounts receivable (AR) and accounts payable (AP) ageing reports, and proactively escalate overdue balances and exceptions.
  

6. Statutory and Compliance Support

• Prepare accurate data and working papers for GST, TDS, and other statutory filings handled by external consultants.
  
• Maintain compliance calendars and ensure that supporting documentation is audit-ready.
  
• Support annual audits and statutory financial statement preparation.
  

7. Controls and Documentation

• Follow and help strengthen internal controls, approval workflows, and record-keeping practices.
  
• Maintain organised, audit-ready records for each entity to ensure traceability, accuracy, and continuity.
  

Role Requirements

• Hands-on experience with Zoho Books is essential .
  
• Proven experience in accounting for D2C sales through Shopify and quick-commerce platforms, including settlement and payout reconciliations.
  
• Strong accounting fundamentals and working knowledge of GST and TDS.
  
• Strong Excel skills.
  
• Excellent attention to detail, reliability, and discipline in meeting deadlines and maintaining documentation.
  
• Ability to manage multiple entities and competing priorities consistently and accurately.
  
• Strong written and verbal communication skills, with the ability to work within a structured review framework.
  
• Ability to work independently in a remote environment while collaborating effectively with lean teams.
  
• Experience in implementing D2C and quick-commerce accounting best practices and improving evolving finance processes is a strong advantage.
  

Candidate Background

• Qualification: Semi-qualified CA/CMA, or https://jobeax.com/link/qWXnjFgQhSFTUarO with an MBA in Finance or equivalent.
  
• Experience: 3–6 years of relevant experience in accounting, bookkeeping, and compliance.
  
• Industry Preference: Experience with D2C brands, consumer businesses, or startups is strongly preferred.
  
• Additional Advantage: Experience managing accounting and reporting across multiple entities.
  

Work Location

Remote – India , with occasional travel or coordination as required.