Finance Associate

Employer
Confidential
Location
Bangalore
Posted
Jul 27, 2024
Closes
Sep 11, 2024
Ref
4797651255
Level
Associate
Certification
Other
Work Mode
Work from office
Hours
Full Time
Organization Type
Corporate
About TerraPay

Global money movement, simplified!

  • Powering global payments across 7.5 billion bank accounts, 6 billion cards, and 2.1 billion wallets
  • 121 banking partnerships, 210+ send countries, 140+ receive countries

TerraPay is the pulse of global payments innovation. We're the bridge that connects people and businesses worldwide, empowering them to effortlessly send, receive, and manage money across borders.

We have repositioned ourselves as a global money movement player that helps businesses manage their global payments for local payout needs through our extensive network.

Regulated across over 30 diverse markets, TerraPay stands out as the sole payment provider with such a broad reach. We harmonize the complexities of global money movement, orchestrating seamless transactions that transcend borders and cultures. We are driven by a commitment to inclusion and fuelled by innovative technology, we're reshaping the financial landscape, ensuring that international transactions are secure, swift, and hassle-free. Join us in simplifying global money movement with TerraPay.

Job mission

Primary responsibilities:

Payables:

  • Ensuring payments done as per the approval matrix/policy
  • Pos/Sos in place for all the payments
  • Identifying the inefficiencies in payables process
  • Posting of all payables entries on daily basis
  • Booking of expenses on daily basis

Payroll:

  • Booking payroll entry - by department etc
  • Reconciliation of payroll b/n pay register and GLs
  • Making the salary payments as per the approval
  • Creating provisions which are not forming part of monthly compensation
  • Getting actuarial valuation report done on yearly basis

BRS:

  • BRS on timely basis
  • Initiate and oversee international bank transfers and payments in compliance with company policies and regulatory requirements
  • Verify and reconcile transaction details to ensure accuracy and completeness
  • Monitor exchange rates and currency fluctuations to optimize international payment processes
  • Coordinate with internal departments such as finance, accounting, and procurement to gather necessary information for payment processing
  • Implement and improve payment processes to enhance efficiency and reduce operational risks

Qualifications

Essential skills:

CA - IPCC / B.Com / MBA - Finance

Why TerraPay

Joining TerraPay means becoming a part of a progressive team that's shaping the future of payments. We offer a collaborative environment that values diversity, fosters growth, and encourages innovation. As an Associate Business Operations Manager, you'll play a pivotal role in enabling seamless financial interactions worldwide.

Elevate your career and be a catalyst for global financial transformation with TerraPay. We're looking forward to welcoming you aboard!

Follow us on social media: LinkedIn | Twitter | Instagram
Skills: Brs, Payroll, Accounting, Payables, Finance

Experience: 0.00-2.00 Years