Finance Associate
Finance & Accounts
Full-Time
2-4 Years
Gurugram
Job ID:
MP59
About the Business
OfBusiness, or OFB Tech, is a B2B tech-powered house of businesses valued at USD 5 billion, renowned as one of India’s fastest-growing unicorns. Highly profitable and experiencing exponential year-over-year growth in our profits and revenue, we integrate across two core pillars:
1. Aggregation: Our tech-enabled platform facilitates convenient procurement of materials at competitive prices for businesses. We dominate categories such as Steel, Base Metals, Petroleum, Polymers, Agri & Allied, and Chemicals, ensuring robust supply chain solutions.
2. Manufacturing: With ownership of over 30 manufacturing entities in Steel, Base Metals, Petroleum, Agri, and Textiles sectors, we enhance our capabilities and control. This integration strengthens our expertise and profitability across material categories handled by our Aggregation business.
What you will do.
Accounts Payable (AP):
Process vendor invoices and ensure timely payments.
Verify and reconcile supplier statements and resolve any discrepancies.
Maintain accurate records of all AP transactions and ensure proper documentation.
Accounts Receivable (AR):
Manage customer invoicing and ensure timely collection of receivables.
Reconcile AR accounts and follow up on outstanding balances.
Prepare and distribute AR aging reports to relevant stakeholders.
Reconciliation:
Perform regular reconciliations of bank accounts, ledger balances, and other financial records.
Investigate and resolve any discrepancies or variances in AR/AP accounts.
Compliance:
Knowledge of TDS, GST, and Income Tax.
Handle TDS and GST reconciliations and payments.
Conduct periodic checks to ensure timely compliances.
Audit Support:
Assist in the preparation and coordination of internal and external audits related to AR/AP, TDS, GST, and Income Tax.
Provide necessary documentation and support to auditors as required.
Help implement audit recommendations and improvements in financial processes.
Schedule and manage audit timelines to ensure timely completion.
Aditional Responsibilities:
Collaborate with the finance team on month-end and year-end closing processes.
Contribute to process improvements and efficiency initiatives within the AR/AP department.
Support in financial reporting and analysis tasks as required.
What we are looking for.
Master’s (or) Bachelor’s degree in Finance, Accounting, or a related field.
2-4 years of experience in finance, with a focus on accounts payable and receivable, and tax compliance.
Strong understanding of AR/AP processes, TDS, GST, Income Tax compliance, payments, and reconciliation.
Proficiency in accounting software and MS Office, particularly Excel.
Excellent attention to detail and accuracy in financial record-keeping.
Experience with audit processes and tax filings is a plus.
What we are offering.
Fastrack Career Growth
High-Impact Roles
Ownership & Role Autonomy
Exceptional Peer Group
Enjoyable Workplace Culture
Competitive Pay & Rewards