Job Description

Are you passionate about solving roadblocks & challenges faced by MSMEs in India?
MSMEs contribute significantly to Indias total GDP. 90% of Indias ~$1 Trillion Retail Market is controlled by Micro, Small & Medium Enterprises (MSMEs). Which means ~$900B worth of commerce flows through these ~60M MSMEs in the form of shops/kiosks/homes, scattered all over the country. We at Khatabook, have a vision to empower MSMEs and help them increase their incomes. We have built a product that brings efficiency in MSME operations by providing them easy to use tools to manage their receivables, inventory and billing which creates transparency in their cash flow. Within the Khatabook platform, we have also enabled the facility to take loans for their short term working capital needs for select Khatabook users that are displaying good credit behavior. Our app has been downloaded over 100 Million times with a monthly active user base of 8 Million+ which are adding 220 Million+ transactions with a transaction value of $18 Billion.
Why work with us :
People are our biggest asset! At Khatabook, every one of us is a dynamic superstar. We have carefully bred an ecosystem which hires nothing but incredibly and exceptionally talented people who can dream, collaborate, experiment, and break new ground. Were a strong team that looks out for each other.
Your role :
We, at Khatabook are looking to hire a Assistant Manager - Finance. If you want to tackle hard and interesting problems at scale and create an impact within an entrepreneurial environment, this is the place for you.
What would you do at Khatabook :

• Lead Accounts Payable process and ensure timely and accurate payment to vendors
• Review accounting entries and closing balances of vendors during the month end
• Manage communication with internal and external stakeholders
• Prepare workings for interest payable to MSME vendors
• Publish weekly reports for vendor advances, overdue unpaid invoices and unadjusted provisions
• Make payments for TDS and GST within due dates
• File TDS and GST returns within due dates
• Follow up with vendors for pending ITC claims
• Assist external consultants with data for tax assessments
• Ensure timely book closure every month for MIS preparation
• Ensure compliances with relevant SOP
• Set up process for vendor reconciliation
• Set up new controls to improve the process
• Prepare and maintain Fixed Assets Register on a monthly basis
• Review useful life & salvage value of assets
• Prepare workings for reversal of ITC as per GST law
• Support team members and guide them in meeting teams objective

• CA qualified with 2+ years of experience
• Prior experience of leading Accounts Payable function in a startup
• Good knowledge of accounting entries
• Practical experience of TDS (including TDS on international transactions), GST (including reverse charge mechanism, blocked ITC etc)
• Basic understanding of Schedule II (Fixed Assets) of Companies Act 2013
• Excellent communication and stakeholder management skills