Rupeek - Assistant Manager - Accounts Payable

Rupeek is India's fastest growing asset-backed digital lending platform. Rupeek is on a mission to solve credit needs of households and small and medium businesses in India. More than 90% of Indians don- t have access to formal credit. Unsecured credit is expensive and has limited availability. On the contrary, 95% of Indian household net worth is in some form of assets. Rupeek's technology led platform enables customers to get credit against their assets making credit accessible to the masses in a fair and convenient manner.

Rupeek started its journey with a focus on gold as an asset. Indian households have a unique relationship with gold holding over 25,000 tonnes. Only 5.5% of this gold is used to obtain formal credit due to friction involved in the process of getting credit and fear of losing gold. Rupeek solved this problem over the last 5 years by providing doorstep gold loans and transformed the way gold loans are disbursed in India. More than 1 lac customers who were earlier resistant to getting gold loans now use Rupeek's digital platform to avail credit. Gold loan category alone is estimated to be at 20B USD in annual disbursement. This is just a start and Rupeek intends to launch many more financial products spanning across multiple asset classes in near future.

Founded in 2015 by Sumit Maniyar, Rupeek is present in over 25 cities in India and has touched over 1,00,000 customers. Headquartered in Bangalore, Rupeek's investors include Sequoia Capital, Accel Partners, Bertelsmann and GGV Capital.

Role :

- Review and verify payroll input data shared by HR

- Post/Upload accurate entries into the Accounting system incorrect Cost Centres/bank portal

- Reconcile expense ledgers, Bank ledgers, Balance Sheet ledgers (Advance and Payables)

- Reconcile and maintain day to day Bank balances with AP, AR, BO Stakeholders

- Liase with Banks / MFs / Other Invt Co.s for updating KYC, Auth signatures

- Monthly Maintenance of FAR register / Depreciation Schedule (IT+Co Law)

- Responsible for ensuring completion of physical verification of assets (Annually)

- Produce & analyse monthly reports from the procurement tool including vendor ageing

- Assist with month end /year end closing

- Provide supporting documentation for audits (Internal, External and DD)

- Ensure compliance with Accounting Standards, Direct and Indirect Laws and Company Law

- Executing/controlling vendor payments to ensure all the payments are done within the due dates

- Prepare expense schedules and analyze variances on a periodical basis providing reasoning for the same

Skills :

- Needs to have a drive to excel in any task given; ability to work independently with minimal oversight from seniors

- Strong Excel and Reconciliation Skills

- Good communication Skills & Administrative Writing Skills

- Attention to detail and accuracy and analytical thinking

- Should have sufficient knowledge on GST, TDS and other statutory compliances

Persona :

- B.Com / CA Inter with 4-5 years of relevant work experience

- Big4 Audit with be an added advantage

Salary offered: 10-14LPA