Accounts Receivables & Payables - Lead

About udaan:

udaan is a B2B ecommerce platform that brings traders, wholesalers, distributors, retailers, and manufacturers in India on to a single platform. Our goal is to make ‘doing business’ easy in India & make B2B commerce convenient and efficient.

udaan Capital is the NBFC arm of udaan & offers credit services to buyers and sellers on and off udaan’s B2B ecommerce platform to grow their business further. This space is largely untapped with less than 10% of MSMEs having access to working capital loans from financial institutions. In this way, udaan is uniquely positioned to formalize &scale trade credit.

Learn more about us: https://udaan.com/

Role Description

Function: Credit

Sub Function: Receivables & Payables Management

Location: Bangalore

Reports to: Finance Head – Capital

Team Composition: 1-2 Direct Reports

Job Responsibilities

• Ensuring correct accounting of revenue / expenses and corresponding accounts receivable / Payable


• Ensuring appropriate financial policies, procedures, and internal controls are in place, documented, and operating as intended.


• Ensuring all processes are operating efficiently and effectively.


• Designing, configurating and rolling out of new initiatives for bringing productivity and efficiency in the process
  


• Setting up benchmark for quality basis best practices of industry


• Closing operational / month-end activities


• Handling internal and statutory audit and managing compliance and stakeholder management


• Daily Funds flow Management and reconciliation

Functional Competencies

• Problem solving: Ability to work in ambiguity and solve a given business problem and provide relevant inputs for key organization decisions


• Data driven/ analytical: Process and analyse large volume of multiple data streams to enable meeting company targets


• Collaborative skills: Coordinate with the internal and external teams for inputs and reporting requirements and navigate these relationship dynamics in a high growth, young, agile business environment.


• Results orientation: Working on daily numbers, short-term goals and long-term milestones set by business and efficacy. Meeting these milestones would be critical to create success.


• Business and Commercial Acumen

Candidate Profile

• Should have 8-10 years of demonstrated experience of working in process oriented and high-quality work environments.


• Qualification required: C.A. / CFA / MBA Finance


• Experience in FinTech/ Banking / Telecom preferred


• Excellent Excel knowledge and ability to navigate large volumes of data


• Should possess strong understanding in the areas of financial applications and accounting standards.