Aye Finance - AVP/DVP - Accounts - CA

Aye Finance - AVP/DVP - Accounts - CA (Big 4 Exposure Req.)

- Aye Finance is a new age finance company that provides business loans to the small and micro enterprises across India. Finance Requirement of this segment has been estimated to be over Rs 5 trillion and most of the Banks and traditional finance companies do not address this demand due to operational constraints.

- We use innovative credit appraisal methodology coupled with use of modern workflow automation to make this segment accessible to organized lending. The Company is backed by three reputed Venture Capital Funds - Accion International, LGT Ventures and SAIF Partners. And is managed by a team of professionals with exemplary careers in Banking Finance and leading businesses in India. The Company is headquartered in Gurgaon with 72 branches, has over 1000 employees.

Job Designation: AVP Accounts

Reports to: Head of Finance

Location : Gurgaon

Company: Aye Finance P Ltd ( www.ayefin.com)

- We are a new age finance company that is innovating the way finance is made available to micro businesses across India. The company aspires to be recognized as a quality organization with a leadership position in the country in the coming years.

- We provide loans targeted at the 50 mn micro- businesses in India that have an estimated unmet financial need of over Rs 3 trillion. We are harnessing this opportunity using - insightful credit assessment methodology, new age technological solutions and an expanding team of knowledgeable staff.

- We are looking for talented and energetic colleague for our Accounts function, who would like to work in the development sector and would want to create a distinctive mark in this sunrise industry through hard work, innovative thinking and passionate commitment to excellence.

Key Result Areas:

The job offers an excellent environment for an achievement oriented individual who likes the challenge of creating a professional, agile and performance driven organization. The key responsibilities are:

1. Accounts: Ensuring accurate, timely and presentable accounting information.

a. Manage all accounting operations including Billing, GL, Cost Accounting and Revenue Recognition, etc.

b. Correct recording of Fixed Assets and calculation of Depreciation every month.

c. Reconciliation - Bank, Vendors, Clients, Inter branch, etc.

d. Preparation & Finalization of Accounts as per the requirements of law. INDAS and IFC Implementation.

e. Such other functions that enables smooth functioning of accounts department.

2. Audit: Handle all external and internal audits e.g. Statutory Audit, Internal Audit, tax audit, TDS, RBI audits, etc.

3. Compliances: GST, Companies Act, RBI, Company ITR and Form 3CA & 3CD, etc.

4. MIS :

a. Preparation of Month Closing and MIS reports every month with respect to Balance Sheet, Profit & Loss Account and Cash Flow Statement.

b. Preparation of Month Closing and MIS reports every month with respect to Balance Sheet, Profit & Loss Account and Cash Flow Statement.

c. Variance Analysis of Revenue and Cost towards Actual Vs Budget on Monthly/ Quarterly/ Yearly basis.

5. Team Management: Ensure high engagement of the team and development of direct reportees.

Minimum Qualification -

CA with preferably big 4 exposure.

Experience & Skills : (as demonstrated in the past track record)

1. 8+ years of experience in quality organizations including at least 3 years in a role with demonstrated expertise of the mentioned role. Experience of INDAS implementation and IFC implementation would be considered a plus.

2. Will to Win: High achievement orientation with a conviction and confidence to lead the change agenda even in face of deep rooted forces of organizational inertia.

3. Teamwork: A strong team player willing to - give- to the team. Willing to invest in the people in the team as well as in peers.

4. Communication: Highly skilled communicator, capable of making clear and concise presentations to the Board and senior committees to catalyze the organization in the chosen direction.