Manager - Accounting

4 days left

Employer
Nivoda
Location
Mumbai
Posted
Mar 18, 2024
Closes
Apr 21, 2024
Ref
4454357024
Level
Manager
Work Mode
Hybrid
Hours
Full Time
Organization Type
Academia, Corporate
Nivoda is looking for an experienced Accountant to join our team and lead our accounting effort. This role, based in India, provides a unique opportunity to be a part of the core financial team of a rapidly growing company. Reporting directly to our Head of Accounting, you will have full P&L and balance sheet ownership for two of Nivoda key geographies. You will also be responsible for enhancing our financial process ensuring our records remain up to date and accurate. Your remit also includes analysing financial and operational data, compiling tax returns, coordinating auditing processes, and safeguarding the accuracy of our financial information.

About Nivoda:

Nivoda is a leader in the B2B marketplace, driving innovation within the global diamond industry. We leverage our online platform to connect buyers and sellers of diamonds, offering a transparent, efficient, and cost-effective platform for trading diamonds. With sales growth of over 150% in the last year and our team expanding from 150 to 300 FTE globally, Nivoda is revolutionising the way diamonds are sold and bought. You will play a vital role in this exciting journey.

Nivoda’s sells close to USD 250,000,000 annually and this is set to grow to USD 1 billion annually by 2026.

What you'll do:
  • Manage: Lead a team of two Finance Associates.
  • End-to-end Ownership: Full ownership of the P&L and Balance sheet for two of Nivoda's key geographies.
  • Intercompany reconciliations: Conduct regular reconciliations of intercompany transactions and resolve discrepancies.
  • Bank reconciliations: Conduct regular bank reconciliations and resolve any issues.
  • Accruals: Manage and oversee the accrual process, ensuring accurate and timely recording of expenses.
  • Month-end Reporting Tasks: Prepare and analyse financial statements for month-end reporting, identifying trends and variances.
  • Financial Audits: Collaborate with auditors during financial audits, providing necessary documentation and explanations.
  • Invoice Processing: Efficiently process invoices, verify accuracy, and ensure timely payments.
  • Payment Preparation: Prepare payment runs and coordinate with relevant stakeholders for approval.
  • Process Improvement: Identify areas in which processes can be improved and help implement such changes.
What you'll need :
  • BCOM or MCOM preferred, with an outstanding academic track record, 70%+
  • Chartered Accountant (CA) or Certified Public Accountant (CPA) qualification is required.
  • At least 3 years of post articleship work experience.
  • Good knowledge of accounting standards, IGAAP, IFRS.
  • Communication Skills: Maintain clear and effective communication with internal teams, external vendors, and auditors.
  • Self-Starter and Ownership: Take initiative in handling tasks, demonstrate a proactive approach, and take ownership of assigned responsibilities.
  • Team Collaboration: Work collaboratively with cross-functional teams to gather information and achieve common goals.
  • Tax and VAT/GST Knowledge: Possess a solid understanding of tax regulations, including VAT/GST, and ensure compliance.
  • NetSuite Experience: Highly advantageous to have experience with NetSuite; ability to navigate and utilise the system for accounting functions.

What you'll get:
  • A market conform salary, healthcare benefits for you and your family as well as the opportunity to earn share options.
  • Be an essential part of building out the finance function of the leading b2b commerce company in global jewellery.
  • Join a company that has just raised series B and has grown sales at triple digit pace for 5 years straight.
  • Opportunity to join a company en-route to IPO at a relatively early stage, including opportunity to build up a meaningful equity stake.
  • Enjoy a huge amount of freedom to design the function as you see fit and work with very little hierarchy.
  • Join an amazing team of professionals who next to delivering great work deeply care about mutual respect and having fun.
  • A rising tide lifts all boats, Nivoda super fast growth creates the perfect basis to grow and learn.
  • Work in an international environment, with colleagues from all over the world.
  • An internationally oriented leadership role.
  • Flexibility to work either from home or our WeWork BKC office.
  • Flexible working hours.