Lead Finance Controller

Posted 9 Days Ago
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Bengaluru, Karnataka
Senior level
Financial Services
The Role
As a Lead Finance Controller at Refyne, you will manage accounting systems, oversee financial reporting, ensure compliance with regulations, and coordinate budgeting with founders. You'll leverage your expertise in taxation and audits, optimize financial processes, and work with the tech team to innovate financial solutions for client businesses.
Summary Generated by Built In

Company Description

We started Refyne with a mission to help the people of India understand and enable the idea of financial wellness. We are a country backed by hundreds of millions of employees in a multitude of diverse fields and together they make our country move forward. It's this joint effort that makes us one of the most prominent economies in the world.

We want to help people by bringing transparency into their financials - accessible right in the palm of their hands. We want them to understand how much they make at any point of their life and help them access it as and when they need it. We strongly believe this access is their right. We help them understand their spending patterns and use the most advanced yet simple-to-use technology to keep them on top of their finances.

We at Refyne are building a platform that will not only improve people’s financial management skills, but more importantly, put them in the driver’s seat to control their financial position by avoiding debt trap from payday loans companies, high-interest micro lenders and give them exposure to better and personalised financial products. Last but not the least, we’re building an inclusive platform that gives everyone the same opportunity to be financially healthy, no matter how new they are to the formal financial system.

Refyne is backed by some of the best investors from around the world, who not only believe in its mission, but have made this model very successful in other countries allowing us to learn from the best.

Job Description

  • Process and control

    • Manage accounting and financial systems including accounting software (eg Tally, SAP)

    • Maintain accounting ledgers and run periodic audits

    • Develop internal processes for managing vendor invoices and employee’s out of pocket expenses

    • Work with business units to flag excess spending and potential optimizations

    • Closely coordinate with founders to manage firmwide budgeting

    • Handle payroll processing and salary disbursal for employees

  • Financial reporting

    • Build MIS for internal reporting including expense distribution, revenues and P&L statements

    • Build a central repository of invoices, filings and other financial documents

  • Compliance

    • Manage regulatory and statutory compliance

    • Ensure timely and accurate reporting to respective authorities

  • Taxation

    • Understand company’s business models and help come up with tax optimal structures

    • Ensure compliance and timely tax filings including GST and TDS

  • Product

    • Work closely with tech team in helping them understand requirements of a business financial controller and help develop innovative solutions for our client businesses

    • Work with tech team to automate audits and reconciliation of nodal accounts used to deliver service to clients

Qualifications

Skills

  • High preference for CAs

  • Deep understanding of taxation and auditing to handle innovative business models

  • Experience in vendor management, financial reconciliation and accounting

  • Experience in incoming and outgoing invoices and payments 

  • Experience in managing internal payroll and salaries/expense disbursements

  • MIS reporting

  • Experience working with nodal/escrow accounts a major plus

  • Great communication skills to negotiate with external vendors and communicate and enforce budget requirements across all business units

Additional Information

Benefits of working with Refyne:

  • Be the part of an experienced founding team that has a highly successful startup track-record

  • Work with a team backed by some of the best global investors

  • Flexible working hours; we are well-equipped to allow our teams to work remotely, whenever they want

  • Competitive salary with other employment perks

  • Be part of the team that is on the path of creating India’s first real-time, on-demand salary platform

The Company
HQ: Bengaluru, Karnataka
172 Employees
On-site Workplace
Year Founded: 2021

What We Do

Refyne partners with organisations to extend Salary On-Demand to their employees. We believe employers play a crucial role in their staff’s financial literacy plan, and providing employees access to their real-time earned salary promotes a stress-free and productive workforce. Refyne’s one-stop platform enables your employee base to build financial resilience and nurture a favourable work culture. With our plug-and-play technology, employees can access their earned salary instead of opting for exploitative payday loans or other high-interest credit schemes. Become part of a growing network of employers who reflect an employee-first approach.

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