Finance Associate

About Us:

Wisemonk is an India-focused Employer of Record (EOR) platform that helps global companies quickly and compliantly hire, pay, and manage talent in India—without the need to set up a local entity. By handling payroll, compliance, equipment, and HR administration, Wisemonk removes the complexity from cross-border hiring and enables businesses to tap into India’s deep talent pool with ease. As the global demand for EOR solutions grows and much of the market remains untapped, Wisemonk is uniquely positioned to help international companies scale in India efficiently and cost-effectively. At Wisemonk, we are driven by values of integrity, innovation, and inclusion, and are committed to building bridges in the global talent landscape—making international expansion effortless and successful for our partners

Visit https://www.wisemonk.io/ for more information.

Role Overview:

The Finance Associate will be responsible for end-to-end client billing and receivables management for our Employer of Record (EOR) and payroll services business. The role involves accurate preparation of client invoices, reconciliation of receivables, coordination with operations and payroll teams, and timely follow-up on collections to maintain a healthy cash flow.

Key Responsibilities:

• Prepare monthly client invoices based on employee payroll, benefits, statutory charges, and service fees.
• Validate billing inputs from payroll and operations teams before finalizing client invoices.
• Ensure invoices reflect correct tax treatment (GST, reverse charge, export of services, etc.) depending on client location.
• Record customer receipts, reconcile AR ledgers, and ensure accuracy of client account balances.
• Track outstanding invoices, send reminders, and follow up with clients for timely payments.
• Prepare and maintain AR aging reports; identify overdue accounts and escalate where necessary.
• Coordinate with internal teams to resolve client queries or billing discrepancies promptly.
• Support monthly closing activities, revenue reconciliation, and reporting.
• Assist in maintaining documentation for statutory audits, tax filings, and client reporting requirements.
• Ensure compliance with company policies, accounting standards, and EOR-specific financial controls.

Qualification:

• Bachelor’s degree in Commerce, Accounting, Finance, or related field.
• 1–3 years of experience in Accounts Receivable or billing, preferably in an EOR, payroll outsourcing, or professional services firm.
• Good understanding of payroll components, statutory deductions (PF, ESI, TDS, GST), and service billing.
• Proficiency in accounting/ERP software (e.g., Zoho Books, QuickBooks, SAP, or NetSuite).
• Strong Excel skills for reconciliation and reporting.
• Excellent attention to detail and accuracy in financial documentation.
• Strong communication and coordination skills to interact with clients and internal teams.
• Ability to manage multiple client accounts and meet tight deadlines.

This is a work-from-office role based at our headquarters in the heart of Bengaluru. Our office is conveniently located at 43, Nehru Nagar Main Road, Seshadripuram, Bengaluru.