Simplotel - Senior Finance & Accounts Role

Company Profile:

- Simplotel is a Bangalore-based, Software-as-a-Service (SaaS) company helping over 2,000 hotels across 21 countries grow their direct business. We are powering e-commerce for some of the largest hotels in India. The name Simplotel comes from a combination of Simple and Hotel - our mission is to Simplify the life of hoteliers through technology. Simplotel is a 'Shopify for Hotels', was founded in October 2013, and is funded by Go-MMT - India's largest Online Travel Agency.

- Simplotel was awarded the best startup in travel & hospitality for 2021 by Startup India, an initiative of the Union Ministry of Commerce & Industry in India. (https://www.startupindia.gov.in/nsa2021results/travel.html)

Position: Senior Finance and Accounts

Responsibilities:

1) Oversee and manage daily program-wide accounting and finance functions including timely recording of transactions, cash management, banking, payroll, receivables, and payables.

2) Responsible for the revenue recording process, payroll management, and vendor management.

3) Design and maintain the MIS system for the company and verification of completeness and correctness of MIS.

4) Ensuring that all legal compliances and annual audits are completed within time by coordinating with Auditors.

5) Responsible for creating Budgets for each department and monitoring the same. Forecasting

6) Annual and quarterly financial statements and tracking the variance.

7) Implement Budgetary controls and ensure zero leakage in revenue and cost.

8) Preparing monthly and weekly cash flow and following cash flow regulations.

9) Handling the company's treasury and banking activity to ensure the best finance options are made available to the company within the gambit of the company's risk profile.

10) Responsible for monthly reporting to the management and investors on the performance of the company.

11) Handling all investor queries and sharing recurring reports as per the agreement

12) Management of Accounts in Books and processing Invoices ensuring indirect taxes (including GST) is charged as per the applicable Laws.

13) Reconciliation of Bank Statements and Payment Gateways with Books.Ad hoc tasks including generating reports

Skills & Abilities:

1) Practical Knowledge of GST Law, Income Tax Law and ROC Compliances.

2) Ability to work independently and effectively with the team

3) Demonstrate good judgment and good problem-solving skills

4) Proven knowledge of bookkeeping and accounting principles, practices, standards, laws and regulations

5) Have high attention to detail, deliver reports with accuracy and stay organized

6) Advanced computer skills in MS Office, accounting software and databases

7) Ability to work within deadlines and take responsibility - must be able to identify the deadline for a piece of work to be completed

Qualifications:

Degree: Bcom, MCom

Experience: 2-3 years

Location: Bangalore