Associate Director Finance And Accounting

About WeRize

Founded in 2019 by Vishal Chopra and Himanshu Gupta, WeRize is building Indias largest full stack fintech platform for 500 million underserved middle-class customers who live in 5000+ small towns of India. WeRize (Wortgage technologies pvt ltd) also owns RBI registered NBFC subsidiary (Wortgage Finance pvt ltd). This customer segment is not served by private sector banks, Insurers and Mutual Fund companies due to their low ticket-size and lifetime value and is dependent on PSU/Govt. banks. PSU/Government banks rarely provide financial products beyond basic savings accounts and these customers lack access to unsecured loans, MSME loans, credit cards, affordable housing loans, loan against property, health and life insurance and investment products.

WeRize manufactures innovative unsecured consumer credit, mortgages, loan against property, MSME loans, savings and insurance products designed for this customer base keeping in mind their needs, requirements and purchasing power, with a view to add a layer of financial security to their lives and enable access to credit. While customers in these geographies use smartphones, they need proper guidance and support when purchasing the right financial products for themselves. So, a pure digital model doesnt work for this segment. WeRize has innovated on this front through its Finance ki online dukaan (Social Shopify of Finance), a first of its kind social distribution tech platform in the financial services space that educates and enables local financially literate freelancers across these small towns to source business through online and offline channels, recommend the right financial product(s) to customers as well as provide after sales support. These freelancers, who are located in more than 5000+ towns and cities, earn as much as INR 30,000 a month from WeRize in commissions.

Our social distribution platform supported by financially literate freelancers means exceptionally low cost of customer acquisition (CAC) and operations costs compared to both fully digital and on-the-ground financial services providers. Digital conversions among this target group are way lower when compared to upper income customers in metros and hence pure digital CAC doesnt work for this segment. While companies like LIC and Fino Bank also rely on freelancer distribution, they deploy local on-field teams/branches to manage freelancers in every city. That results in very high CAC and operations costs for such companies. WeRize on the other hand, has been able to acquire, train and manage thousands of freelancers in 5000+ cities only through its tech platform and without any feet-on-street team of its own. This results in highly profitable business model for Werize.

To know more about the company, please visit: https://www.werize.com/

About the Role:

Chartered Accountant

Key Responsibilities:

• Lead the

  end-to-end finance and accounting function

  , including bookkeeping, financial reporting, compliance, and audits.
• Manage

  monthly and annual closing of books

  , P&L, balance sheets, and cash flow statements.
• Ensure

  regulatory and statutory compliance

  including ROC, RBI, GST, Income Tax, TDS, etc.
• Oversee and liaise with internal and external auditors for timely and smooth

  audit closures

  .
• Ensure timely and accurate

  vendor payments

  , reconciliations, and cash flow management.
• Work closely with leadership on

  fund management, capital structure, investor reporting

  , and board presentations.
• Evaluate and implement process automation and system improvements in finance workflows.
• Build and manage a high-performing

  finance team

  , mentoring junior CAs and accountants.
• Coordinate with external consultants, tax advisors, and legal teams on critical financial matters.

Requirements:

• Qualified

  Chartered Accountant (CA)

  with

  812 years

  of relevant experience.
• Experience in

  NBFCs, fintech

  , or BFSI industry preferred.
• Strong understanding of

  Indian GAAP, Ind-AS

  , and statutory compliance.
• Proven expertise in

  financial planning, MIS, audits

  , and

  taxation

  .
• Proficiency in financial software (Tally, Zoho, ERP, Excel) and automation tools.
• Ability to thrive in a

  start-up or high-growth environment

  with multitasking capabilities.
• Strong analytical, problem-solving, and communication skills.