Finance Associate

As a Finance Associate, you will own day-to-day finance operations across India and the US, ensuring timely compliance, accurate financial reporting, vendor management, and internal process control. Youll be a key support to the finance lead and a future potential backup for core finance responsibilities.

Responsibilities

• Manage end-to-end accounting for both India and US entities.
• Record day-to-day journal entries including accruals, prepayments, intercompany adjustments, and reclassifications.
• Ensure timely reconciliation of all bank accounts (India & US).
• Manage accounts payable and accounts receivable ledgers.
• Review general ledger accounts and ensure accuracy before month-end close.
• Maintain and update fixed assets records (servers, laptops, cameras, etc. ) with depreciation schedules.
• Handle payroll processing (in-house) after reviewing all payroll-related data.
• Ensure compliance with PF, PT, ESIC, TDS, and other statutory requirements.
• Prepare and file TDS & GST returns accurately and on time.
• Support US payroll processing (in-house) and ensure proper recording in books.
• Stay updated with Indian and US tax regulations, state and federal.
• Process vendor payments, employee reimbursements, and statutory payments for India and US entities.
• Manage foreign remittance payments, ensuring compliance with FEMA guidelines.
• Support monthly, quarterly, and annual financial closing activities.
• Prepare management reports, P& L, Balance Sheet, variance analysis, and expense summaries.
• Assist in consolidation of financials across entities (India & US).
• Prepare schedules and reconciliations required for internal and statutory audits.
• Ensure timely filings of TDS, GST, and income tax returns for India.
• Coordinate with external consultants for US tax filings (state and federal).
• Maintain a compliance calendar to ensure no statutory deadlines are missed.
• Prepare and maintain audit documentation for internal, statutory, and group audits.
• Assist auditors during audit cycles with required financial data and explanations.
• Collaborate cross-functionally (HR, Operations, Legal, US finance teams) to resolve finance-related queries.
• Implement process improvements for efficiency in accounting and reporting.
• Participate in automation initiatives e. g., expense management tools, reconciliation software, etc.
• Ensure adherence to internal controls and accounting policies.

• Hands-on experience with accounting software (Zoho Books / QuickBooks / NetSuite / Tally).
• Strong proficiency in MS Excel and Google Sheets (vlookups, pivots, reconciliations).
• 4+ years of experience in Finance / Accounting.
• Hands-on experience with TDS, GST returns and statutory compliance.
• Experience in payroll compliance (PF) and statutory filings.
• Exposure to audits (internal/statutory).
• Experience working in a structured finance team in a mid-size or growth-stage startup.
• Startup experience is a must
• Strong documentation habits and communication skills.
• Experience managing fixed assets.
• CA-Inter qualified/ MBA Finance.

This job was posted by Arushiy Dixit from Aftershoot.