Associate Accounts Payable

Leverage Edu; Dadri; On-site; INR 420,000 - 540,000; Full time

Job summary

Leverage Edu is seeking an Associate Accounts Payable to join the Finance team. You’ll work closely with the Finance Manager and Revenue Recognition Expert to process accruals, post journals, and maintain day-to-day accounting in a fast-growing ed-tech startup.

You should have a graduate degree with at least two years of accounting experience, be proficient in MS Excel, and able to generate MIS reports on daily, weekly, and monthly cycles; there is learning, pace, and ownership across the role.

Qualifications

• Graduate with minimum two years' experience in accounting or finance.
• Proven experience in accounting operations and journal postings.
• Knowledge of accounting standards and financial reporting.
• Experience rectifying entries and cost reclassifications.
• Proficient in MS Excel and data handling.
• Strong analytical, communication, and deadline-driven mindset.
• Experience in startups is a plus.

Responsibilities

• Process accruals as per policy and maintain proper accounting entries.
• Post reclass and other journal entries to correct accounts.
• Prepare fixed journal entries on a monthly/bi-monthly basis.
• Record provisions for doubtful debts and adjust per reports.
• Maintain day-to-day accounting records for the company.
• Create MIS with daily, weekly, and monthly cycles.
• Coordinate with suppliers/customers for key deliverables.
• Support GST, TDS, MIS filing with the Senior Accountant.
• Assist in month-end and year-end close activities.
• Coordinate with banks for compliance work.
• Handle reimbursements and verify incentive payments.
• Assist in daily accounting operations.

Skills

Accounting principles

Analytical thinking

Communication

Multi-tasking

Ownership mindset

Tools

MS Excel

Job description

About the Role

We are looking for a Associate Associate Accounts Payable to be a part of the Finance vertical. You are a beginner well versed with accounting principles and has a desire to learn and hustle, you'll be working alongside the Finance Manager and the Revenue Recognition Expert. As a top performer you should be driven, self-motivated and highly passionate about working in the Ed-tech space. You'll work closely with a diverse group of people coming from both leading MNCs such as McKinsey, BCG, KPMG, Deloitte, EY, and startups such as Byju's, Paytm etc. to establish, nurture, and grow business across categories & territories. This is an amazing opportunity to learn from an extraordinary team, grow massively and help students around the globe build an awesome career for themselves

What will you do:

• Being involved in processing the Accruals required as per the policies and process followed
• Ensure proper booking of reclass journal entries to the relevant account code
• Prepare fixed journal entries on a monthly or bi-monthly basis
• Provide journals with Provisions for Doubtful debts, and additionally perform Loss-making adjustments based on the financial reports at the end of every month
• Maintain day to day accounting of the Company
• Create and present MIS on the following frequencies daily, weekly and monthly
• Coordinate with suppliers / customers for key deliverables
• Work alongside the Senior Accountant for the monthly filing GST, TDS, MIS etc. and other required deliverables
• Support month-end and year-end close process
• Coordinate with the Banks for undertaking the necessary compliance work
• Process Reimbursements and ensure the validation of incentives
• Assist in the daily operations of the accounting department

What will you need:

• Graduate with a minimum experience of two years
• Prior experience in Accounting
• Knowledge of Accounting standards and principles
• Should have hands on experience on the financial reports and take required action as a part of rectification entries, cost reclass etc
• Should be well versed with MS Excel.
• Good analytical, communication, automation/process mindset, with prior experience in handling 3X+ growth in a year
• Prior experience in accounting/finance roles in startups is a plus.
• Ability to multi-task in a fast-paced, deadline-driven environment
• Aggressive and interested to work in stealth mode ed-tech start-up where learning is immense
• Vision to plan and work on critical deadlines
• Good systematic approach and analytical thinking mindset; proactive problem solver
• Strong work ethic and ownership mindset
• Demonstrate business acumen, with strong organization skills and strategic orientation

What will you get:

• Be a part of the fast-growing startup defining strategies for the growth of the company.
• Partner in building a global Ed-tech company that is going to impact hundreds of thousands of lives
• Phenomenal work environment, with massive ownership and excellent growth opportunities
• A young, dynamic, and passionate team
• Industry best perks

Note: We work six days a week from the office.