Job Title : Accounts Payable Operation Lead & Tax Operation Analyst Position Objective: To appoint a dynamic and results-oriented leader to lead the Accounts Payable department, with the goal of strengthening the organization’s account payable / tax operation processes, Management reporting and cash flow management. The position is responsible to build and operate payable and tax operations processes with strong internal controls, enhancing cash utilisation efficiency, reducing financial risk, and fostering cross-functional collaboration to support sustainable business growth. Ensuring Compliance of Income Tax Act, 1961 and GST Act, 2017 etc. Indicative Responsibilities: • Ensure accuracy and timeliness in accounts payable / provision, reconciliations, and payouts. • Automate and streamline AP / Tax processes using relevant tools • Collaborate with finance and other teams to meet the objective of the Company • Coordinate with auditors and external consultants during financial reviews • Maintain compliance with accounting standards, and internal control • Lead, mentor, and evaluate AP staff performance • Ensure Income Tax and GST Compliance • Cash Management to ensure money is invested to earn maximum return • Prepare aging reports & other reports required by management. Coverage / Sub functions: • Operations (AP and Tax), Automation Key Skills & Competencies • Attention to detail leading to accuracy & reliability of MIS, strong in compliance of Statue (Income Tax and GST) • Analytical, problem solving and interpersonal skills required to resolve disputes • Strong process & system orientation required to minimize manual intervention for efficient record keeping invoicing & reporting • Communication skills • Time management & prioritization Collaboration skills for effective working relationships with other supplier (technology) or client (commercial org) functions Qualifications: MBA in Finance/ M COM with minimum 10+ years of experience primarily in AP/ Tax function Location: Mumbai About Company: BSIF is committed to building a “people-first” workplace , focussed on organization’s performance & on people outcomes. We are in the process of building our founding team, a team bound by a sense of mission and inspired by BSIF’s social objective . We seek to attract the best talent from various industry domains (including but not limited to Insurance & Financial Services, Tech Led New Age Economy Companies, FMCG companies etc.) to live their potential as well as to contribute to a noble cause.
We seek a seasoned finance leader (10+ yrs) from Insurance, InsurTech, or Startup industry to join as a founding member of our finance team, driving AP & Tax operations with focus on compliance, automation, and efficient cash flow management.
Position Objectives Strengthen financial planning and analysis (FP&A) to provide strategic insights that guide business growth and sustainability. Ensure financial discipline and efficiency by driving accurate budgeting, forecasting, and variance analysis. Enable informed decision-making through robust financial modelling, reporting, and collaboration with cross-functional teams. Advance Bima Sugam’s mission by aligning financial strategy with the vision of transparency, accessibility, and empowerment for citizens. Indicative Responsibilities Support the annual budgeting and forecasting process by preparing detailed analyses and consolidations. Develop and maintain financial models to track revenue, cost structures, and platform performance. Prepare regular reports and dashboards, highlighting trends and variances and actionable insights. Monitor key financial metrics such as revenue transactions, platform adoption, and operating costs. Provide financial guidance to business teams on projects, pricing, and cost initiatives. Assist in vendor evaluation and cost benchmarking in collaboration with the procurement team. Support Regulator and industry reporting by providing accurate financial data and analyses. Identify opportunities for process improvements and automation in reporting and analysis.. Reports To Lead FP&A Coverage / Sub functions Financial Planning & Budgeting Coordinate the annual budgeting process, ensuring timely and accurate submissions. Prepare rolling forecasts for revenue, expenses, and cash flows, analyzing business trends and external factors. Financial Analysis & Reporting Conduct variance analysis of budgets vs. actuals and forecasts, identifying key drivers. Prepare monthly and quarterly reports, dashboards, and KPI summaries for management. Collaborate with cross-functional teams to deliver actionable financial insights. Strategic Support Build and maintain scenario-based financial models and sensitivity analyses. Support initiatives like product launches, cost optimization, and business expansion. Evaluate and present the financial impact of strategic and operational decisions. Process Optimization Improve FP&A tools, reporting systems, and processes for accuracy and efficiency. Drive automation initiatives and enhance data visualization for better accessibility. Stakeholder Support Partner with finance leadership and departments to provide timely analyses and reports. Prepare financial materials for auditors, regulators, and other external stakeholders. Key Skills & Competencies Expertise in budgeting, forecasting, and scenario analysis Proficient in building financial models to evaluate business performance. Ability to track and optimize expenses, identifying cost-saving opportunities. Strong analytical skills to extract insights from large datasets using business intelligence tools. Experience working across finance, operations, and technology teams. Strong communication skills to present insights to senior leadership and regulatory bodies. Key Behavioural Traits A founding member at BSIF: Understand that Integrity, open & honest demeanour (transparency) & fair conduct is non-negotiable. Learns on the job, evolves with the role & navigates uncertainty with perpetual optimism Holds the “team above self”; “gets along” & finds common ground in the best interest of all our stakeholders Is frugal and uses scarce resources wisely Has an “owners’ mindset” Is self-motivated / passionate, self-disciplined, has a continuous improvement mindset, doesn’t need to be told what to do & never says “that’s not my job” Owns the task in entirety (even if involves other functional areas), has an eye for detail & an ability to incorporate all points of view and take matters to closure Is of service to her/his teams who chose to work with them (applicable for managers) Qualifications CA/MBA in Finance with 4–6 years of relevant experience. Strong expertise in financial planning, analysis, and modelling. High degree of proficiency with Excel, Power BI and PowerPoint. Exposure to AI/analytics (through courses or practical application) will be valued to strengthen future-focused financial decision-making. Location Mumbai (work from office) About Bima Sugam: Pursuant to the “Insurance Regulatory and Development Authority of India (Bima Sugam - Insurance Electronic Marketplace) Regulations, 2024” dated 20 March 2024, Bima Sugam India Federation (BSIF) has been established as a “not for profit company” formed under section 8 of the Companies Act, 2013. The main objective of the Company is to establish, facilitate, develop, operate and maintain the “Insurance Electronic Marketplace” as a robust Digital Public Infrastructure with open standards and interoperable platforms, enabling seamless integration with various services to facilitate inter purchase, sale, servicing of insurance policies, settlement of insurance claims, grievance redressal and other related matters as permitted under the objects of the company. The platform is aimed at digitizing insurance in India and potentially becoming the first of its kind globally. This is an insurance industry led initiative and the shareholding of the Company shall be widely held amongst Life Insurers, General Insurers and Health Insurers with no single entity having controlling stake. BSIF is committed to building a “people-first” workplace , focussed on organization’s performance & on people outcomes. We are in the process of building our founding team, a team bound by a sense of mission and inspired by BSIF’s social objective . We seek to attract the best talent from various industry domains (including but not limited to Insurance & Financial Services, Tech Led New Age Economy Companies, FMCG companies etc.) to live their potential as well as to contribute to a noble cause. Job Types: Full-time, Permanent Pay: ₹1,200,000.00 - ₹1,500,000.00 per year Benefits: Flexible schedule Health insurance Application Question(s): What is your total work experience? What is your experience is Financial Planning and Analysis? What is your Current CTC How much are you expecting? What is your notice period? Are you working from any one of the below industry 1. Insurance 2. Financial Service 3. Startup 4. Big 4 Are you ready to travel to Powai? Are you comfortable for 5 days working from the office? Work Location: In person
Position Objectives To appoint a dynamic and results-oriented leader to lead the Accounts Payable department, with the goal of strengthening the organization’s account payable / tax operation processes, Management reporting and cash flow management. The position is responsible to build and operate payable and tax operations processes with strong internal controls, enhancing cash utilisation efficiency, reducing financial risk, and fostering cross-functional collaboration to support sustainable business growth. Ensuring Compliance of Income Tax Act, 1961 and GST Act, 2017 etc. Indicative Responsibilities Ensure accuracy and timeliness in accounts payable / provision, reconciliations, and payouts. Automate and streamline AP / Tax processes using relevant tools Collaborate with finance and other teams to meet the objective of the Company Coordinate with auditors and external consultants during financial reviews Maintain compliance with accounting standards, and internal control Lead, mentor, and evaluate AP staff performance Ensure Income Tax and GST Compliance Cash Management to ensure money is invested to earn maximum return Prepare aging reports & other reports required by management. Reports To Finance Controller Coverage / Sub functions Operations (AP and Tax) Automation Key Skills & Competencies Attention to detail leading to accuracy & reliability of MIS, strong in compliance of Statue (Income Tax and GST) Analytical, problem solving and interpersonal skills required to resolve disputes Strong process & system orientation required to minimize manual intervention for efficient record keeping invoicing & reporting Communication skills Time management & prioritization Collaboration skills for effective working relationships with other supplier (technology) or client (commercial org) functions Key Behavioural Traits A founding member at BSIF: Understand that Integrity, open & honest demeanour (transparency) & fair conduct is non-negotiable. Learns on the job, evolves with the role & navigates uncertainty with perpetual optimism Holds the “team above self”; “gets along” & finds common ground in the best interest of all our stakeholders Is frugal and uses scarce resources wisely Has an “owners’ mindset” Is self-motivated / passionate, self-disciplined, has a continuous improvement mindset, doesn’t need to be told what to do & never says “that’s not my job” Owns the task in entirety (even if involves other functional areas), has an eye for detail & an ability to incorporate all points of view and take matters to closure Is of service to her/his teams who chose to work with them (applicable for managers) Qualifications MBA in Finance/ M COM with minimum 10+ years of experience primarily in AP/ Tax function Location Mumbai (work from office) About Bima Sugam: Pursuant to the “Insurance Regulatory and Development Authority of India (Bima Sugam - Insurance Electronic Marketplace) Regulations, 2024” dated 20 March 2024, Bima Sugam India Federation (BSIF) has been established as a “not for profit company” formed under section 8 of the Companies Act, 2013. The main objective of the Company is to establish, facilitate, develop, operate and maintain the “Insurance Electronic Marketplace” as a robust Digital Public Infrastructure with open standards and interoperable platforms, enabling seamless integration with various services to facilitate inter purchase, sale, servicing of insurance policies, settlement of insurance claims, grievance redressal and other related matters as permitted under the objects of the company. The platform is aimed at digitizing insurance in India and potentially becoming the first of its kind globally. This is an insurance industry led initiative and the shareholding of the Company shall be widely held amongst Life Insurers, General Insurers and Health Insurers with no single entity having controlling stake. BSIF is committed to building a “people-first” workplace , focussed on organization’s performance & on people outcomes. We are in the process of building our founding team, a team bound by a sense of mission and inspired by BSIF’s social objective . We seek to attract the best talent from various industry domains (including but not limited to Insurance & Financial Services, Tech Led New Age Economy Companies, FMCG companies etc.) to live their potential as well as to contribute to a noble cause.
Position Objectives Strengthen financial planning and analysis (FP&A) to provide strategic insights that guide business growth and sustainability. Ensure financial discipline and efficiency by driving accurate budgeting, forecasting, and variance analysis. Enable informed decision-making through robust financial modelling, reporting, and collaboration with cross-functional teams. Advance Bima Sugam’s mission by aligning financial strategy with the vision of transparency, accessibility, and empowerment for citizens. Indicative Responsibilities Support the annual budgeting and forecasting process by preparing detailed analyses and consolidations. Develop and maintain financial models to track revenue, cost structures, and platform performance. Prepare regular reports and dashboards , highlighting trends and variances and actionable insights. Monitor key financial metrics such as revenue transactions, platform adoption, and operating costs. Provide financial guidance to business teams on projects, pricing, and cost initiatives. Assist in vendor evaluation and cost benchmarking in collaboration with the procurement team. Support Regulator and industry reporting by providing accurate financial data and analyses. Identify opportunities for process improvements and automation in reporting and analysis.. Reports To Lead FP&A Coverage / Sub functions Financial Planning & Budgeting Coordinate the annual budgeting process , ensuring timely and accurate submissions. Prepare rolling forecasts for revenue, expenses, and cash flows, analyzing business trends and external factors. Financial Analysis & Reporting Conduct variance analysis of budgets vs. actuals and forecasts, identifying key drivers. Prepare monthly and quarterly reports, dashboards, and KPI summaries for management. Collaborate with cross-functional teams to deliver actionable financial insights . Strategic Support Build and maintain scenario-based financial models and sensitivity analyses. Support initiatives like product launches, cost optimization, and business expansion . Evaluate and present the financial impact of strategic and operational decisions . Process Optimization Improve FP&A tools, reporting systems, and processes for accuracy and efficiency. Drive automation initiatives and enhance data visualization for better accessibility. Stakeholder Support Partner with finance leadership and departments to provide timely analyses and reports. Prepare financial materials for auditors, regulators, and other external stakeholders. Key Skills & Competencies Expertise in budgeting, forecasting, and scenario analysis Proficient in building financial models to evaluate business performance. Ability to track and optimize expenses, identifying cost-saving opportunities. Strong analytical skills to extract insights from large datasets using business intelligence tools. Experience working across finance, operations, and technology teams. Strong communication skills to present insights to senior leadership and regulatory bodies. Key Behavioural Traits A founding member at BSIF: Understand that Integrity, open & honest demeanour (transparency) & fair conduct is non-negotiable. Learns on the job, evolves with the role & navigates uncertainty with perpetual optimism Holds the “team above self”; “gets along” & finds common ground in the best interest of all our stakeholders Is frugal and uses scarce resources wisely Has an “owners’ mindset” Is self-motivated / passionate, self-disciplined, has a continuous improvement mindset, doesn’t need to be told what to do & never says “that’s not my job” Owns the task in entirety (even if involves other functional areas), has an eye for detail & an ability to incorporate all points of view and take matters to closure Is of service to her/his teams who chose to work with them (applicable for managers) Qualifications CA/MBA in Finance with 3–10 years of relevant experience. Strong expertise in financial planning, analysis, and modelling . High degree of proficiency with Excel, Power BI and PowerPoint . Exposure to AI/analytics (through courses or practical application) will be valued to strengthen future-focused financial decision-making. Location Mumbai (work from office) About Bima Sugam: Pursuant to the “Insurance Regulatory and Development Authority of India (Bima Sugam - Insurance Electronic Marketplace) Regulations, 2024” dated 20 March 2024, Bima Sugam India Federation (BSIF) has been established as a “not for profit company” formed under section 8 of the Companies Act, 2013. The main objective of the Company is to establish, facilitate, develop, operate and maintain the “Insurance Electronic Marketplace” as a robust Digital Public Infrastructure with open standards and interoperable platforms, enabling seamless integration with various services to facilitate inter purchase, sale, servicing of insurance policies, settlement of insurance claims, grievance redressal and other related matters as permitted under the objects of the company. The platform is aimed at digitizing insurance in India and potentially becoming the first of its kind globally. This is an insurance industry led initiative and the shareholding of the Company shall be widely held amongst Life Insurers, General Insurers and Health Insurers with no single entity having controlling stake. BSIF is committed to building a “people-first” workplace , focussed on organization’s performance & on people outcomes. We are in the process of building our founding team, a team bound by a sense of mission and inspired by BSIF’s social objective . We seek to attract the best talent from various industry domains (including but not limited to Insurance & Financial Services, Tech Led New Age Economy Companies, FMCG companies etc.) to live their potential as well as to contribute to a noble cause.
Role Overview: As a Finance professional at Bima Sugam, your main objective is to ensure compliance with the Income Tax Act, 1961 and GST Act, 2017. You will be responsible for automating and streamlining AP/Tax processes using relevant tools, collaborating with finance and other teams, coordinating with auditors and external consultants during financial reviews, maintaining compliance with accounting standards and internal control, leading and evaluating AP staff performance, ensuring income tax and GST compliance, managing cash to earn maximum return, and preparing aging reports and other required reports for management. Key Responsibilities: - Automate and streamline AP/Tax processes using relevant tools - Collaborate with finance and other teams to meet the company's objectives - Coordinate with auditors and external consultants during financial reviews - Maintain compliance with accounting standards and internal control - Lead, mentor, and evaluate AP staff performance - Ensure income tax and GST compliance - Manage cash to ensure maximum return on investments - Prepare aging reports and other reports required by management Qualifications Required: - MBA in Finance/M.COM with a minimum of 10+ years of experience primarily in AP/Tax function About Bima Sugam: Bima Sugam India Federation (BSIF) is a not-for-profit company established under section 8 of the Companies Act, 2013, as per the Insurance Regulatory and Development Authority of India (Bima Sugam - Insurance Electronic Marketplace) Regulations, 2024. The main objective of the company is to establish, facilitate, develop, operate, and maintain the Insurance Electronic Marketplace as a robust Digital Public Infrastructure with open standards and interoperable platforms. BSIF is committed to building a people-first workplace, focused on organizational performance and people outcomes.,
Position Objectives Strengthen financial planning and analysis (FP&A) to provide strategic insights that guide business growth and sustainability. Ensure financial discipline and efficiency by driving accurate budgeting, forecasting, and variance analysis. Enable informed decision-making through robust financial modelling, reporting, and collaboration with cross-functional teams. Advance Bima Sugam's mission by aligning financial strategy with the vision of transparency, accessibility, and empowerment for citizens. Indicative Responsibilities Support the annual budgeting and forecasting process by preparing detailed analyses and consolidations. Develop and maintain financial models to track revenue, cost structures, and platform performance. Prepare regular reports and dashboards , highlighting trends and variances and actionable insights. Monitor key financial metrics such as revenue transactions, platform adoption, and operating costs. Provide financial guidance to business teams on projects, pricing, and cost initiatives. Assist in vendor evaluation and cost benchmarking in collaboration with the procurement team. Support Regulator and industry reporting by providing accurate financial data and analyses. Identify opportunities for process improvements and automation in reporting and analysis.. Reports To Lead FP&A Coverage / Sub functions Financial Planning & Budgeting Coordinate the annual budgeting process , ensuring timely and accurate submissions. Prepare rolling forecasts for revenue, expenses, and cash flows, analyzing business trends and external factors. Financial Analysis & Reporting Conduct variance analysis of budgets vs. actuals and forecasts, identifying key drivers. Prepare monthly and quarterly reports, dashboards, and KPI summaries for management. Collaborate with cross-functional teams to deliver actionable financial insights . Strategic Support Build and maintain scenario-based financial models and sensitivity analyses. Support initiatives like product launches, cost optimization, and business expansion . Evaluate and present the financial impact of strategic and operational decisions . Process Optimization Improve FP&A tools, reporting systems, and processes for accuracy and efficiency. Drive automation initiatives and enhance data visualization for better accessibility. Stakeholder Support Partner with finance leadership and departments to provide timely analyses and reports. Prepare financial materials for auditors, regulators, and other external stakeholders. Key Skills & Competencies Expertise in budgeting, forecasting, and scenario analysis Proficient in building financial models to evaluate business performance. Ability to track and optimize expenses, identifying cost-saving opportunities. Strong analytical skills to extract insights from large datasets using business intelligence tools. Experience working across finance, operations, and technology teams. Strong communication skills to present insights to senior leadership and regulatory bodies. Key Behavioural Traits A founding member at BSIF: Understand that Integrity, open & honest demeanour (transparency) & fair conduct is non-negotiable. Learns on the job, evolves with the role & navigates uncertainty with perpetual optimism Holds the team above self; gets along & finds common ground in the best interest of all our stakeholders Is frugal and uses scarce resources wisely Has an owners mindset Is self-motivated / passionate, self-disciplined, has a continuous improvement mindset, doesn't need to be told what to do & never says that's not my job Owns the task in entirety (even if involves other functional areas), has an eye for detail & an ability to incorporate all points of view and take matters to closure Is of service to her/his teams who chose to work with them (applicable for managers) Qualifications CA/MBA in Finance with 310 years of relevant experience. Strong expertise in financial planning, analysis, and modelling . High degree of proficiency with Excel, Power BI and PowerPoint . Exposure to AI/analytics (through courses or practical application) will be valued to strengthen future-focused financial decision-making. Location Mumbai (work from office) About Bima Sugam: Pursuant to the Insurance Regulatory and Development Authority of India (Bima Sugam - Insurance Electronic Marketplace) Regulations, 2024 dated 20 March 2024, Bima Sugam India Federation (BSIF) has been established as a not for profit company formed under section 8 of the Companies Act, 2013. The main objective of the Company is to establish, facilitate, develop, operate and maintain the Insurance Electronic Marketplace as a robust Digital Public Infrastructure with open standards and interoperable platforms, enabling seamless integration with various services to facilitate inter purchase, sale, servicing of insurance policies, settlement of insurance claims, grievance redressal and other related matters as permitted under the objects of the company. The platform is aimed at digitizing insurance in India and potentially becoming the first of its kind globally. This is an insurance industry led initiative and the shareholding of the Company shall be widely held amongst Life Insurers, General Insurers and Health Insurers with no single entity having controlling stake. BSIF is committed to building a people-first workplace , focussed on organization's performance & on people outcomes. We are in the process of building our founding team, a team bound by a sense of mission and inspired by BSIF's social objective . We seek to attract the best talent from various industry domains (including but not limited to Insurance & Financial Services, Tech Led New Age Economy Companies, FMCG companies etc.) to live their potential as well as to contribute to a noble cause.