Finance Executive / Senior Accountant

About Us:

VFlowTech (VFT) is reinventing energy storage with Vanadium redox flow technology, with a vision to develop the cheapest and most scalable Vanadium redox flow batteries in the world. VFT solution is proven to be one of the safest, most durable and environmentally friendly battery technologies.

VFT is a spin-off of the CleanTech lab of Nanyang Technological University (NTU), Singapore, and benefits from unique IP arising from many years of intensive research at NTU. VFT founders and management team have deep experience in the renewable space, and Vanadium redox flow technology.

VFT is passionate about powering tomorrow’s energy demands in a sustainable way. To achieve this, we believe in attracting great talent through the creation of a vibrant, progressive workplace that makes them our greatest assets. We’re always on the lookout for experienced and passionate individuals to be part of the team, working and collaborating effectively to make a positive difference. This role will be based out of our Battery Production Site Office at Faridabad, Haryana, Delhi, India.

About the Role

We are seeking a detail-oriented and experienced Finance Executive / Senior Accountant to join our team. The ideal candidate will have strong knowledge of financial reporting, compliance, taxation, and audit processes, along with hands-on experience in managing accounts in a manufacturing setup. The role also requires willingness to travel to other office locations when required.

Key Responsibilities

1. Financial Reporting

• Prepare accurate and timely financial reports
• Book monthly financial entries and ensure data accuracy
• Ensure compliance with reporting standards & SOPs
• Conduct daily & monthly bank reconciliations
• Process reimbursements and fund requests
• Handle inter-company & vendor reconciliations
• Monitor expenditures against budget
• Provide support in customs & FEMA-related matters
• Assist in monthly financial reporting and inter-department reporting

2. Accounts Payable/Receivable

• Process and book all vendor & customer invoices
• Manage vendor payments
• Perform customer and vendor reconciliations
• Ensure accuracy in invoice processing

3. Tax Compliance

• Prepare and file GST & TDS returns
• Ensure accuracy in tax calculations
• Maintain compliance with tax deadlines
• Coordinate with tax consultants

4. Audit Support

• Assist in audit preparation (internal & external)
• Support audit findings resolution and compliance
• Handle statutory, inventory, and financial audits
• Ensure audit trail accuracy

5. System Enhancements

• Support ERP/automation system implementation
• Train team members on system usage
• Reduce manual errors and improve efficiency

6. Cash Flow & Budget Management

• Assist in cash flow forecasting and monitoring
• Support financial budgets and inter-department coordination
• Conduct variance analysis and cost-control initiatives

7. Regulatory Compliance

• Ensure adherence to financial regulations & reporting requirements
• Support compliance audits and staff training

8. Financial Analysis & Cost Control

• Conduct financial analysis to support management decisions
• Identify cost-saving opportunities
• Monitor budget vs. actual performance

9. Other Finance Department Tasks

• Handle inventory management, vendor management, and support for customs-related matters
• Willing to travel to other office locations as required

Qualifications

• Bachelor’s degree in Commerce (B.Com)
• MBA (Finance) or Semi-qualified CA (Inter) preferred
• 5–6+ years of experience in the manufacturing industry

Skills & Competencies

• Strong knowledge of finance, bookkeeping, and monthly closure activities
• Experience in costing & cash flow projections
• Good knowledge of direct & indirect taxes and return filings
• Proficiency in inventory & vendor management
• Hands-on experience in statutory/inventory audits
• Familiarity with SAP/ERP systems (preferred)
• Knowledge of Accounting Standards (GAAP & Ind-AS)
• Flexibility and willingness to travel across office locations

Perks of Joining VFT:

• We offer exciting work in a fast-growing technology start-up
• We offer our employees excellent working conditions, and numerous opportunities for development
• Our team is diverse, multi-cultural and shares the drive to make a difference and create change
• We encourage our team to bring in their ideas and take initiatives that make them proud of
• We foster a rapidly scaling working environment with a very entrepreneurial, innovative, and collaborative culture
• We see the opportunities, where others see problems

Job Types: Full-time, Permanent

Pay: ₹45,000.00 - ₹60,000.00 per month

Benefits:

• Health insurance
• Paid sick time
• Provident Fund

Ability to commute/relocate:

• Gurugram, Haryana: Reliably commute or planning to relocate before starting work (Preferred)

Education:

• Bachelor's (Preferred)

Experience:

• accounting: 5 years (Required)

Language:

• English (Preferred)

Willingness to travel:

• 50% (Preferred)

Work Location: In person