Associate - Finance

4 days left

May 27, 2024
Jun 22, 2024
Work Mode
Work from office
Full Time
Organization Type
Setu is working to reimagine financial products for the next billion users.How do you put a dent in India economy when most of her population cannot afford insurance, credit, investments, etc. through the formal channels that you and I take for granted? Our auto-wallas cannot use Cred, our security guards cannot use Zerodha. There are several examples-you get the idea.How can we enable them to get on such platforms?By reducing the cost of distribution. If we break down financial products such as loans, insurance and investments into their fundamental building blocks, and offer them as APIs to businesses, they then package these APIs into highly custom apps, tailor-made for their specific customers, instead of a generic one-size-for-all approach that is the norm today.This also enables them to go live with a fintech product or service in a matter of days, not months.We believe that fintech will be a core part of every company offering. And at Setu, we're building the fintech infrastructure that will accelerate this.More about SetuSetu is an acquired entity of Pine Labs, one of the fastest growing fintech companies in India and rapidly expanding its footprint in Asia, UAE, and the US. At Pine Labs, we're looking for those who share our core belief-'Every Day is Game Day'. We bring our best selves to work each day to realise our mission of enriching the world through the power of digital commerce and financial services. Know more about Pine Labs here!

Importance of the role

At Setu, we believe that every company can become a fintech company. Any tech-enabled business which wants to offer or build financial products will consume Setu APIs. The finance team function within Setu is equivalent to the spinal cord of a body and without us, businesses can't operate their day-to-day operations.

Our clients are very challenging as they can come from any type of company including-
  • Financial institutions like Banks and NBFCs
  • Fintechs who are new-age digital lenders and micro-insurance companies, and
  • Pretty much every other type of tech company ranging from agri-tech companies to apartment aggregators, from ed-tech startups to last-mile logistics.

  • This role is special since it will give you a deep look into the business objectives not only of SETU but many other multiple companies. The learning potential is immense!


    What will you do at Setu?

    You will be the person who will handle core-finance activities related to accounting, taxation, compliances, and reporting.

    As a Finance Associate, you will be entrusted with all kinds of finance-related work which are defined below briefly-
    • Ensure completeness of all the transactions has been accounted for in the ERP system.
    • Ensure timely closure of AP, AR, and other balance sheet items.
    • Assist team in monthly closure of books and preparation of MIS.
    • Preparation of Bank Reconciliation Statements.
    • Ensure compliance related to TDS, GST, EPF, and other compliances.
    • Coordinate with banks on treasury-related activities.
    • Coordinate with auditors on quarterly and annual audit requirements.
    • Resolve audit queries and assist the team in the closure of financial audits.

    Who is the right fit for this role?
    • B.Com graduate with 1-2 years of experience or a semi-qualified CA.
    • Prior experience in accounting with CA Firms or a reputed organization.
    • Good knowledge of Microsoft Excel.
    • Familiarity with ERP systems like QuickBooks, Oracle, Tally ERP etc. will be an added advantage.
    • Zeal to learn, take onus of their work and ready to blend in any situation.


    Why Setu?

    We will spare no efforts to ensure that Setu empowers you to do the most important and impactful work of your career-
    • Opportunity to work closely with the founding team who built and scaled public infrastructure such as UPI, GST, Aadhaar, etc.
    • We care deeply about your growth. So we work hard to provide you with-
    • Exposure to other verticals such as product, business, design, etc.
    • A fully stocked library and unlimited book budget.
    • Tickets to conferences and industry events.
    • Fortnightly learning sessions where we invite both team members and external experts to teach you something new.
    • Learning and development allowance that gives access to subscriptions, courses, certifications, music classes, and much more. Grow, learn, and improve with Setu!
    • Kick-ass benefits including comprehensive health insurance for you and your family, personal accident and term life insurance, access to mental health counsellors, extraordinary coffee, and a beautiful office with lots of solid wood and natural light.
    • We work hard to make sure our team is diverse and varied. We interview and hire purely on merit, skill, and competence-everything else is irrelevant.

    Join us if you want to be part of a company that's building infrastructure that will directly impact financial inclusion and improve millions of lives. No cashbacks, no growth-hacks, no bullshit. Just an audacious mission, and an obsession with craftsmanship in code.

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