Assistant Manager - FP&A

1% Club; Mumbai; On-site; INR 1,400,000 - 2,200,000; Full time

Job summary

1% Club in Mumbai is seeking a freshly qualified Chartered Accountant with articleship experience to join our Finance team as Sr. Associate - FP&A. You will own financial planning, reporting, and business finance for a fast-scaling fintech — with direct exposure to leadership from day one.

You will work across budgeting, forecasting, and financial modelling to support strategic decisions in a dynamic environment. This role offers hands-on experience and growth in a fast-moving company.

Qualifications

• Strong foundation in accounting standards, GST, TDS, and statutory compliance from Big 4 exposure.
• Proficiency in MS Excel and ERP software; able to build financial models.
• Ability to translate numbers into actionable business insights and present to leadership.

Responsibilities

• Accounts reconciliation across bank accounts and ledgers with audit readiness.
• Manage bank receivables/payables, invoicing, and aging reports.
• Oversee vendor payments with accuracy and due diligence.
• Coordinate vendor management including onboarding and KYC.
• Handle GST/GSTR filings and monthly close activities.
• Prepare budgets, variances, MIS reports, and dashboards for leadership.

Skills

Big 4 exposure

Accounting standards

GST

TDS

Financial reporting

Excel

ERP systems

Stakeholder management

Analytical mindset

Attention to detail

Tools

MS Excel

ERP systems

Tally

Job description

About Us

1% Club is an education-led fintech platform that helps people make smarter decisions with their money. Founded by Sharan Hegde and Raghav Gupta, 1% Club was built on a core belief: financial literacy is the first step to financial independence. That belief built India's most trusted personal finance education brand, and has since evolved into a fintech platform with an app that helps users invest, plan,and manage their money in one place, powered by AI.

Company Snapshot

Headquarters

• Headquarters: Mumbai, India
• Team Size: 200+
• Backed by Gruhas (Nikhil Kamath)

What We Do

• Financial Education 7L+ learners across personal finance, taxation, insurance, credit cards, and investing through live masterclasses and a subscription-based membership.
• Fintech Services The 1% Club app is built to replace the traditional bank RM with something smarter, faster, and always available. It combines an AI finance copilot with a curated set of financial products, including mutual fund baskets, fixed deposits, and stock baskets, with plans to solve for credit cards, taxation, insurance, and loans over time. For users who want deeper guidance, the app offers Personal CFO, a premium SEBI-registered advisory service for end-to-end financial planning. Insurance advisory is handled through Pillow, an independent vertical focused on transparent, long-term protection.

Compliance & Governance

1% Club operates under:

• SEBI-registered Investment Advisor (RIA) license
• SEBI-registered Research Analyst (RA) license

Trust is the foundation. Compliance is how we protect it.

The Road Ahead

Build the simplest, smartest way for Indians to manage their money, end to end, in one app. The modern replacement for your bank RM.

Come build it with us.

Role Overview

We're looking for a freshly qualified Chartered Accountant with articleship experience to join our Finance team as Sr. Associate - FP&A. You've spent three years in the trenches auditing, analysing, and building rigour into everything you touch. Now it's time to move to the other side of the table and actually build something. At 1% Club, you'll own financial planning, reporting, and business finance for a fast-scaling fintech — with direct exposure to leadership and real ownership from day one.

Key Responsibilities (KRAs)

• 1. Accounts Reconciliation
  • Perform periodic reconciliation of bank accounts, ledgers, and sub-ledgers to ensure alignment between internal records and external statements.
  • Identify and resolve discrepancies or unposted entries in a timely manner, coordinating with relevant departments where needed.
  • Maintain a reconciliation tracker in Excel/ERP, ensuring audit-readiness and version control at all times.
  • Prepare monthly reconciliation reports highlighting outstanding items, aged entries, and resolution status for the Finance Manager.
• 2. Bank Receivable and Payable
  • Generate and track sales invoices, maintain an ageing report for receivables, and follow up on overdue accounts to ensure timely collections.
  • Record incoming payments and reconcile them against invoices, ensuring all bank receipts are coded to the correct GL account and cost center.
  • Process vendor payment requests after validating invoices and supporting documents, and reconcile bank statements with the payables ledger regularly.
  • Coordinate with the bank for payment processing (NEFT/RTGS/IMPS) and flag any mismatches between bank debits and recorded liabilities.
• 3. Vendor Payments
  • Validate vendor invoices against purchase orders or contracts, checking for accuracy in amounts, GST details, PAN, and banking information before processing.
  • Prepare a weekly payment schedule prioritized by due date and payment terms, and submit for Finance Manager approval before disbursement.
  • Process approved payments via the company banking portal and maintain a vendor payment tracker with UTR references, invoice numbers, and reconciliation status.
  • Coordinate TDS deductions on applicable vendor payments as per Income Tax provisions and ensure timely deposit with the government.
• 4. Vendor Management
  • Onboard new vendors by collecting and verifying all required documentation including GST certificate, PAN, bank details, and signed vendor agreement.
  • Maintain a centralized vendor master database with complete KYC records, payment terms, and contract details, and track renewals or exits proactively.
  • Conduct annual vendor reconciliation by sharing ledger statements, resolving differences, and obtaining signed balance confirmation letters.
  • Closely coordinate with the HR department on vendor coordination for HR-related services, sheet maintenance, timely payments, and general administration.
• 5. Invoice Management
  • Generate accurate sales invoices for all B2B transactions ensuring correct GST computation (CGST/SGST/IGST) based on the nature and place of supply.
  • Receive, register, and verify all purchase invoices for completeness — checking vendor name, GSTIN, invoice number, taxable value, and HSN/SAC code.
  • Match purchase invoices against purchase orders before routing for approval, and maintain a monthly invoice register for both sales and purchase transactions.
  • Ensure all invoices comply with GST regulations and coordinate with the external CA for timely GSTR-1 and GSTR-3B filings.
• 6. Business Finance
  • Support the preparation of annual budgets and quarterly forecasts by working closely with department heads to gather inputs and validate assumptions.
  • Track actuals vs. budget on a monthly basis, prepare variance analysis reports, and highlight key deviations with commentary for management review.
  • Assist in building financial models and scenario analyses to support business decisions around new initiatives, product launches, and cost optimization.
  • Prepare monthly MIS reports and financial dashboards covering P&L, cash flow, and key business metrics to support leadership decision-making.

Skills & Qualifications

• Strong foundation in accounting standards, financial reporting, GST, TDS, and statutory compliance — built through hands-on Big 4 exposure.
• Proficiency in MS Excel (financial modelling, pivot tables, VLOOKUP) and comfort with ERP systems; Tally knowledge is a plus.
• Analytical mindset with the ability to translate numbers into clear, actionable business insights.
• Excellent communication and stakeholder management skills — you're comfortable presenting to leadership, not just preparing for them.
• High ownership, attention to detail, and the ability to work independently in a fast-moving environment.