Finance Associate

Job Description

Junior Finance Associate Location: Bengaluru Reporting Line: Finance Controller Who are we? Silkhaus is a Dubai-headquartered end-to-end technology platform that powers short-term rentals (STRs) for guests, real estate owners, and operators. We have an all-star founding team and leading investors (Nordstar Ventures, Nuwa Capital, Global Founders Capital, VentureSouq, Yuj Ventures, and several high-impact family offices and entrepreneurs), with experience in hyper-scaling proptechs and emerging markets technology businesses. In addition to running the largest portfolio of short-term rentals across emerging markets, we are building the global technology stack for STRs operators and real estate owners to run cutting-edge short-term rental businesses. Mission Silkhaus leverages technology to power delightful short-term rental (STR) experiences for travellers and real estate owners across Asia. Silkhaus is the global operating system for STRs. Values Built By Owners: We operate with an ownership mindset, driven by integrity and technology, to deliver exceptional experiences for real estate owners and guests. 1+1=3: We achieve more together through teamwork, perseverance, and flexibility, fostering excellence and continuous innovation. Always In Service: We prioritize empathy and excellence, ensuring every guest and real estate partner receives a seamless and memorable experience. Role Overview Silkhaus is seeking an Junior Finance Associate to join our finance team. The ideal candidate will have 1-2 years of relevant experience and hold a qualification such as Chartered Accountant or equivalent. This role will be pivotal in ensuring the efficient management and compliance of our financial transactions and in optimizing financial operations. Key Responsibilities Accounts Receivables: Manage and execute accounts receivable functions, including invoicing, cash application, and collection activities. Proactively follow up on outstanding invoices and resolve payment discrepancies. Ensure accuracy and completeness of AR records in compliance with company policies and procedures. Accounts Payables Process vendor invoices accurately and timely, verifying compliance with financial policies and contractual obligations. Liaise with vendors and internal departments to resolve payment issues and discrepancies promptly. Maintain AP records and ensure timely payments while adhering to cash flow management practices. Financial Operations Assist in month-end closing activities related to AR and AP. Support audits by providing necessary documentation and reconciliations. Collaborate with cross-functional teams on process improvements and automation initiatives. Compliance And Reporting Ensure adherence to internal controls, regulatory requirements, and company policies. Prepare financial reports and analyses to support management decision-making. Skills And Qualifications Qualified (preferred) Chartered Accountant and/or Bachelor's degree in Accounting, Finance, or a related field. 1-2 years of experience in accounts receivables, payables, or general accounting functions. Strong understanding of financial principles and practices. Proficiency in accounting software and MS Office suite (Excel, Word, PowerPoint). Excellent communication skills (verbal and written) in English. Preferred Skills Experience with ERP systems (e.g., NetSuite) is advantageous. Knowledge of International Financial Reporting Standards (IFRS). Ability to thrive in a fast-paced, entrepreneurial environment. Why Join Silkhaus At Silkhaus, we foster a culture of innovation, ownership, and growth. We offer opportunities to work with a diverse team of industry experts and access to cutting-edge technology in the real estate and hospitality sectors. Join us in revolutionizing global short-term rentals and advancing your career in finance with a forward-thinking company. Silkhaus is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.