Senior Finance Associate

Arthan; Delhi; Hybrid; INR 600,000 - 1,000,000; Full time

Benefits offered by this job

Opportunities for professional development

Exposure to strategic finance functions

Competitive salary and benefits package

Job summary

Arthan is seeking a motivated Senior Finance Associate in Delhi to manage financial operations, ensure compliance, and support strategic decision-making. The role involves overseeing vendor payments, payroll processing, and financial reporting while collaborating with cross-functional teams. Candidates should have 5-8 years of relevant experience, a degree in Finance or Accounting, and strong skills in financial management software. The position offers a full-time, on-site work arrangement in a collaborative environment.

Qualifications

• 5-8 years of experience in finance and accounting roles, preferably in mid-sized or fast-growing organizations.
• Strong knowledge of Indian accounting standards, taxation, and compliance requirements.
• Proficient in financial ERP systems and advanced Excel skills.

Responsibilities

• Oversee and manage day-to-day financial operations.
• Ensure accurate financial management and timely reporting.
• Coordinate with HR for payroll processing and compliance.

Skills

Financial operations

Accounting

Compliance

Reporting

Analytical skills

Communication skills

Attention to detail

Problem-solving

Education

Bachelor's degree in Finance, Accounting, or Commerce

Master's/MBA in Finance or CA Inter/Final

Tools

Zoho Books

MS Excel

Tally

Job description

Senior Finance Associate

Job Title: Senior Finance Associate

Location: Delhi

Employment Type: Full-Time

Experience Required: 5-8 Years

Work Arrangement: On-site (Delhi), Hybrid- 3 days work from office

About the Role

We are seeking a highly motivated and detail-oriented finance professional to join our team as a Senior Finance Associate. The ideal candidate will have strong experience in financial operations, accounting, compliance, and reporting. This is a key role responsible for ensuring accurate financial management, timely reporting, and adherence to regulatory requirements, while supporting the Finance Manager and senior leadership in strategic decision-making.

Key Responsibilities

1. Financial Operations

• Oversee and manage day-to-day financial operations including vendor payments, employee reimbursements, receipts, and journal entries.


• Ensure all financial transactions including sales invoices, purchase invoices, advances, and expense entries are accurately recorded in the accounting software (Zoho Books) and are supported by proper documentation.


• Conduct periodic reconciliations for bank accounts, vendor ledgers, customer accounts, and inter-company balances to ensure accuracy and consistency.


• Maintain an organized and accessible filing system (both digital and physical) for vouchers, invoices, contracts, and supporting documents.


• Monitor accounts payable to ensure vendors are paid on time and accounts receivable to ensure timely realization of dues.


• Coordinate with the operations and program teams for invoice validation, fund utilization tracking, and project-wise expense booking.

2. Budgeting and Forecasting

• Assist in preparation of the annual organizational budget and project-specific budgets in collaboration with program and department heads.


• Support in preparation of financial forecasts and variance analysis on a monthly and quarterly basis.


• Analyze budget vs. actual performance and share variance insights and recommendations with management for corrective actions.


• Maintain and update financial dashboards and reports to track fund utilization and grant-wise performance.


• Ensure compliance with donor requirements and budgetary controls in project execution.

3. Payroll and Reimbursements

• Coordinate with HR to ensure accurate payroll processing each month, covering all employees, consultants, and interns as applicable.


• Validate inputs such as attendance, leave deductions, variable pay, new hires, exits, and statutory deductions before payroll release.


• Ensure compliance with statutory requirements related to payroll including PF, ESI, TDS.


• Handle timely processing of employee reimbursement and travel expense claims, ensuring adherence to internal policies and budget limits.


• Support in preparation of monthly payroll registers, salary slips, and reconciliation of payroll-related ledgers in accounts.


• Liaise with the HR and compliance teams to address payroll-related queries or audit clarifications.


• Prepare and verify employee tax computations at the time of payroll, mid-year declarations, and financial year-end tax finalization.


• Support in Form 16 generation and distribution for all employees at the end of each financial year.

4. Compliance and Statutory Requirements

• Ensure timely and accurate filing of all statutory returns including TDS, GST, PF, ESI, and MCA compliances.


• Prepare working data for TDS returns (Form 26Q, 24Q), reconcile with books, and coordinate with consultants for filing.


• Generate and issue Form 16A (TDS certificates for vendors/consultants) on a quarterly basis.


• Assist in tax computation for employees and consultants to ensure proper deduction at source and year-end compliance.


• Prepare and maintain data for GST filings including GSTR-1 and GSTR-3B, ensuring correct classification of sales, purchases, and input tax credits.


• Perform GST reconciliations between GSTR-2B, purchase registers, and books of accounts to identify mismatches and coordinate corrections.


• Track and ensure timely payment of statutory dues, maintaining proper records of challans and filings for audit reference.


• Prepare working papers and documentation for internal, statutory, and donor audits, ensuring prompt response to auditor queries.

5. Financial Reporting

• Prepare monthly, quarterly, and annual financial statements as needed.


• Develop Management Information System (MIS) reports, highlighting key metrics such as budget utilization, fund balance, and liquidity status.


• Support in preparing project-specific financial statements for donor and funder reporting, ensuring compliance with grant requirements.


• Ensure all financial reports and statements are prepared in accordance with applicable accounting standards and organizational policies.


• Ensure all reports comply with accounting standards, internal policies, and donor reporting templates.

6. Process Improvement

• Review and strengthen existing accounting and financial workflows to improve accuracy, transparency, and efficiency.


• Support automation of finance functions such as payment approval workflows, expense tracking, or invoice management systems.


• Implement internal controls and checks to mitigate financial risks and ensure audit readiness.


• Contribute to integration and implementation of new finance systems or tools in collaboration with the finance manager.

7. Team Collaboration

• Work closely with cross-functional teams such as HR, Admin, Program, and Operations to provide timely financial insights and ensure alignment on financial planning.


• Support the Finance Manager in financial planning, donor budget formulation, and financial due diligence for new partnerships.


• Provide guidance to non-finance staff or interns on accounting entries, compliance tracking, and documentation standards.


• Participate in team meetings, reviews, and training sessions to stay aligned with organizational goals and priorities.


• Foster a collaborative and solution-oriented environment within the finance team.

Required Qualifications and Skills

• Bachelor’s degree in Finance, Accounting, or Commerce. Master’s/MBA in Finance or CA Inter/Final is preferred.


• 5-8 years of experience in finance and accounting roles, preferably in mid-sized or fast-growing organizations.


• Strong knowledge of Indian accounting standards, taxation (TDS, GST, EPFO, MCA/ROC etc), and compliance requirements.


• Experience with payroll, reimbursements, vendor management, and statutory filings.


• Proficient in MS Excel, Zoho and Tally and financial ERP systems.


• Excellent analytical, problem-solving, and communication skills.


• Ability to work independently and manage multiple priorities in a dynamic environment.


• High level of integrity and attention to detail in all financial operations.


• Demonstrated commitment to accuracy, accountability, and continuous improvement in financial processes.


• Strong written and verbal communication skills, with the ability to present financial insights clearly to non-finance stakeholders.

What We Offer

• A collaborative and dynamic work environment.


• Opportunities for professional development and growth.


• Exposure to strategic finance functions and senior leadership.


• Competitive salary and benefits package.