Financial Controller

Job Description

With affiliations to notable names like Axis Bank, YES BANK, IndusInd Bank, Flipkart Supercoin, Intermiles, and Payback, among others, Twid boasts access to a substantial points pool of approximately $2.2 billion. These accumulated points are currently being utilized at a vast network of over 100,000 merchants across India.

The company received Series-A funding of $12 Mn led by Rakuten Capital and Google. Twid is part of the Visa Accelerator Program and NPCI Partner Program 2024 for co-creating the industrys first innovative payment solutions.

To know more, visit https://www.twidpay.com

Key Responsibilities:

• Manage all accounting processes including Billing, Receivables, Payables, GL and Revenue recognition
• Reconcile supplier statements and customer accounts and maintain accurate records of transactions.
• Monitor all payments and ensure timely settlement of invoices and accurate record keeping. Ownership of vendor payments and negotiations.
• Develop and document business processes and accounting policies
• Continuously assess and optimize the accounting process to enhance efficiency and accuracy. Implement best practices and automate processes where applicable
• Design and implement robust internal controls to safeguard company assets and ensure accurate financial reporting
• Provide guidance to the team, address process inefficiencies and work with stakeholders to ensure compliance

• Ensure month end close procedures including journal entries, reconciliations
• Prepare detailed financial reports including Balance Sheets, P&L and cash flow statements.
• Preparation of statutory financial statements in compliance with relevant accounting standards and audit schedules.
• Liaise with external auditors for effective and timely completion of statutory audits

• Manage the calculation and oversee preparation of tax returns
• Timely filing of GST and TDS returns
• Ensure compliance with all tax related regulations and address any issue that arise
• Ensure compliance with all other relevant tax regulations like PF, PT etc.,

• Coordinate and direct the preparation of the budget and financial forecasts and report variances
• Collaborate with other departments, providing financial expertise and support for product development and business expansion activities
• Research technical accounting issues for compliance

• Certified Chartered Accountant (CA) or equivalent certification
• Proven working experience as a Financial Controller
• Deep understanding of Income Tax and GST
• 5-7 years of overall combined accounting and finance experience
• Thorough knowledge of accounting principles and procedures
• Confident dealing with senior stakeholders across business
• Experience working in fintech will be an added advantage
• Meticulous attention to detail
• Strong financial acumen and excellent technical accounting skills.
• Familiar with accounting standard and disclosure requirements under Indian GAAP / IFRS