Finance Associate

FalconX; Bengaluru; On-site; INR 6,00,000 - 12,00,000; Full time

Job summary

An established industry player is seeking a detail-oriented Analyst/Associate in Finance to enhance in-house accounting and reporting capabilities. This role involves managing legal entities, ensuring compliance with regulatory requirements, and streamlining financial processes. The ideal candidate will possess a Chartered Accountant or CPA qualification and have extensive experience in the banking or broker-dealer sectors. You will work closely with trading and operations teams, contributing to the organization's growth and success while gaining valuable insights into the fintech landscape. If you are enthusiastic about finance and eager to learn, this opportunity is perfect for you.

Qualifications

• 3-8 years of experience in accounting within the banking or broker-dealer industry.
• Expert knowledge of IFRS and US GAAP reporting standards.

Responsibilities

• Manage day-to-day accounting and reporting as per GAPP standards.
• Coordinate with external auditors and ensure compliance with regulations.

Skills

Accounting

Financial Reporting

Revenue Recognition

Consolidation

Transfer Pricing

Analytical Skills

Problem-Solving

Communication Skills

Multi-tasking

Education

Chartered Accountant

CPA

Tools

NetSuite

Oracle

SAP

MS Excel

Job description

Responsibilities

• Day to day Accounting, Book-keeping, Reporting as per the extant GAPP (US, IndAS or IFRS)
• Preparation, Review of Monthly, Quarterly, Annual Financial Statements; Consolidation of various entities to deliver Group’s results quarterly, annually.
• Assist with technical accounting issues such as Revenue Recognition, Consolidation, Stock Options, Business Combinations, MTM accounting, and other accounting matters
• Legal Entity Management – Entity’s jurisdiction specific reporting, accounting & compliances.
• Inter-company balances monitoring, settlement, managing Transfer pricing arrangements.
• Understand the company’s operations and settlement processes, support the trade operations & settlement team by performing daily/weekly/monthly reconciliations & attestation procedures.
• Experience of setting up Processes, Policies & Procedures, Control Framework turn of, etc.
• Coordination with External Auditors, Audit Committee and other relevant teams in/out of the organization.
• Hands-on knowledge of working /operating in an environment with ERP (like NetSuite, Oracle, SAP, etc.)

Success

• As an Analyst / Associate - Finance, you will help the team build in-house accounting & reporting capabilities, streamline & consolidate Finance & Accounting process and ensure real-time & accurate financial information to all the stakeholders.
• Manage Legal Entities w.r.t. their Regulatory, Statutory, Management & Tax deliverables, filings.
• You will be required to work very closely with Trading, Trade-Ops Teams & External consultants to ensure best financial outcomes for the organization.
• Keep pace with the growth phase of the organization, you will be open to move across and perform multiple functions i.e. Accounting, Treasury, Settlements, Reporting, etc.
• Over a course of time, build SME knowledge (from accounting, reporting, regulatory perspective) of the environment the firm is operating in.
• Ability to multi-task, work effectively under pressure, prioritise, and manage workload to meet internal needs.

Required Qualifications

• Professional degree in accounting. Must be a Chartered accountant or CPA qualified.
• Prior working experience of 3-8 years in similar industry (Banking, Broker-Dealer etc.) and specifically with the Trading division.
• Has managed E-2-E deliverables of Legal Entities in recent past along with Transfer Pricing arrangements.
• Expert knowledge of IFRS, US GAAP reporting standards and its application.
• Hands-on knowledge of working /operating in an environment with ERP (like NetSuite, Oracle, SAP, etc.)
• Understanding of E2E Trade Flow & related dynamics (Settlement, Market-making etc.)
• Proficiency with MS Excel Finance is a must.
• Enthusiastic, Self-starter, Detail-oriented with excellent analytical & problem-solving capability and with strong verbal and written communication skills.
• Willingness to continuously learn and be open to operating across various functions.
• Penchant to learn about Fintech, blockchain, and digital assets.