Executive-Accounts & Financ

For the position of Executive Accounts Finance.

Location: Kandivali East

About Evolute group -

Evolute Group – One ecosystem. Infinite impact.

Evolute Group is a future-ready Indian technology conglomerate built on the belief that technology, when led by the right intent, can create lasting impact at scale. Operating as an integrated ecosystem across Fintech, Digital Identity Embedded Solutions, Electronic Manufacturing, and Industrial Electronics, Evolute brings together deep engineering, indigenous innovation, and manufacturing excellence to deliver mission-critical solutions in India and global markets.

Guided by its vision of Techpowering the World®, Evolute enables leaders and teams to move ideas seamlessly from concept to deployment, combining speed, ownership, and accountability. The Group’s culture values hands-on leadership, clarity of execution, and long-term thinking, empowering individuals to build businesses—not just manage functions.

Evolute Fintech Innovations plays a pivotal role in India’s financial inclusion and e-Governance journey, delivering Digital Identity Solutions, Aadhaar-certified biometric devices, micro-ATMs, Android POS systems, secure device management platforms, and geo-location security solutions. With over 500,000 devices deployed, teams work close to real-world impact—where trust, uptime, and scale matter every day.

Evolute’s Electronic Manufacturing arm, Evolute Cleantech Solutions promoting ”Evoflex”, redefines EMS Repair and Refurbishment, through a modular, flexible “buy-what-you-need” model, enabling faster innovation cycles and operational resilience.

Glomore Electro-Tech Solutions an Industrial Electronics Components business, built on a 40+ year legacy, continues to support thousands of MSMEs, OEMs and ODMs with reliable, application-led solutions including its renowned brand of relays ‘Leone’;

SpiritusPay is building a B2C transaction platform to enable last-mile transaction renewal solutions.

Backed by globally recognized certifications including ISO 9000/27001/30414, STQC,MOSIP, PCI/PTS, EMV,TQM (Mastercard),DSIR GPTW recognition, Evolute is entering a phase of disciplined, innovation-led growth.

Evolute offers the opportunity to shape industries, build enduring capabilities, and lead with purpose—while creating measurable impact across industries and markets.

Role Purpose [Why this role exists/ Business Problems This Role Will Solve] (2–4 lines defining business purpose):

• The Executive – Accounts Finance is responsible for independently managing day-to-day Accounts Payable (AP) and Accounts Receivable (AR) operations, ensuring accurate accounting, timely vendor payments, customer invoicing, and collection follow-ups.
• The role supports effective working capital management, timely reconciliations, statutory compliance, and maintenance of accurate financial records while ensuring adherence to company policies and accounting procedures.

Critical Skills Required:

A. Must-Have Functional Skills

B. Transferable/ Trainable Skills

• Effective communication and coordination with internal departments, vendors, and customers.
• Analytical thinking and problem-solving skills.
• Strong attention to detail and accuracy.
• Time management and ability to meet deadlines.
• Team collaboration and cross-functional coordination.
• Learning agility and adaptability to systems and process changes.
• Continuous improvement and identification of automation opportunities.

Major Areas of Contribution:

1. Strategic Contribution:

• Support effective working capital management through timely vendor payment processing, customer collection follow-ups, and monitoring of outstanding balances.
• Improve the accuracy, completeness, and timeliness of accounting records and financial information.
• Contribute to improving AP and AR processes, reducing manual errors, and streamlining routine activities.
• Support timely month-end and year-end closing activities by ensuring that transactions and reconciliations are completed within prescribed timelines.
• Assist in maintaining audit readiness, statutory compliance.

2. Functional Contribution:

Accounts Payable (AP) Local and Import.

• Verify and process vendor invoices after checking supporting documents, purchase orders, goods receipt notes (GRNs), approvals, and applicable payment terms.
• Ensure accurate accounting of vendor invoices, debit notes, credit notes, advances, and other payables-related transactions.
• Coordinate with Purchase, SCM, and other internal departments to resolve invoice discrepancies, missing documents, and pending approvals.
• Prepare vendor payment proposals based on due dates, credit terms, fund availability, and management approvals.
• Monitor vendor ageing, outstanding balances, advances, and overdue payments.
• Perform vendor ledger reconciliation and resolve differences in a timely manner.
• Ensure appropriate TDS deduction, GST-related checks, and maintenance of supporting documents in coordination with the taxation team.
• Maintain proper documentation for vendor transactions and support internal and statutory audits.

Accounts Receivable (AR)

• Generate and process customer invoices in accordance with approved sales orders, contractual terms, and supporting documentation.
• Ensure timely generation of e-invoices and other applicable statutory documents.
• Record customer receipts, advances, adjustments, and other receivable-related transactions accurately.
• Monitor customer outstanding balances, prepare ageing reports, and follow up with customers and internal Business Development (BD)/Sales teams for timely collections.
• Track overdue invoices, committed payment dates, short payments, deductions, and customer disputes, escalating delays where necessary.
• Reconcile customer ledgers, identify unapplied receipts and advances, and ensure timely resolution of differences.
• Verify and reconcile customer TDS deductions with supporting certificates, Form 26AS/AIS, and relevant records, wherever applicable.
• Ensure that customer balances, invoices, receipts, and collection updates are accurately reflected in accounting records.
• Prepare regular debtor ageing and collection status reports for management review.

Accounting, Reconciliation Compliance Support

• Perform bank reconciliations and ensure timely recording of banking transactions.
• Maintain accurate books of accounts and supporting schedules for AP, AR, advances, and other assigned ledgers.
• Support GST and TDS reconciliations, data preparation, and statutory reporting in coordination with the concerned team.
• Ensure timely completion of accounting activities for monthly, quarterly, and annual closing.
• Provide relevant documents, reconciliations, and explanations for internal and statutory audit queries.
• Ensure compliance with company policies, approval matrices, documentation requirements, and internal financial controls.

Success Indicators in First 6 Months

• Accurate and timely processing of vendor invoices, customer invoices, receipts, and payment transactions.
• Completion of bank, vendor, and customer reconciliations within defined timelines.
• Improved follow-up and tracking of overdue receivables, resulting in better visibility of expected collections.
• Timely processing of vendor payments in accordance with approved payment terms and company policies.
• Timely completion of assigned GST/TDS-related checks and submission of accurate supporting data.
• Accurate and timely submission of AP/AR ageing reports, collection updates.
• Completion of assigned month-end closing activities within the prescribed timelines.
• Ability to independently manage routine AP and AR activities with minimal supervision.
• Identification of opportunities to improve process efficiency, documentation, and automation.

Ideal Candidate Background

• 5–7 years of relevant experience in Accounts Finance, with hands-on experience in both Accounts Payable and Accounts Receivable.
• Strong understanding of accounting principles, ledger scrutiny, and reconciliation processes.
• Practical experience in vendor invoice processing, payment coordination, customer invoicing, collection follow-ups, and outstanding management.
• Working knowledge of GST, TDS, e-invoicing, and related statutory requirements.
• Experience working with SAP, Tally, or other ERP/accounting software.
• Good command of Microsoft Excel, including reconciliation, ageing analysis.
• Experience supporting month-end closing, audit requirements, and financial documentation.
• Strong communication, coordination, analytical, and problem-solving skills.
• Ability to manage multiple priorities independently while maintaining accuracy and meeting deadlines.

Growth opportunity for this role

• This role offers strong exposure to end-to-end Accounts Payable and Receivable operations, accounting, reconciliations, taxation support, working capital management, and financial reporting.
• With consistent performance and skill development, the individual can progress Senior Executive roles, taking on greater responsibilities in financial reporting, compliance, and process improvement.

BCOM