Finance Operations Executive

Finance Operations executive

Location : Bangalore

What is Muthoot ONE

Muthoot FinCorp ONE , is a fintech startup, building a financial ecosystem where customers can access relevant and reliable digital services across an expansive range of digital financial products in segments like Lending, Saving & Investment, Protection, and Remittance.

Our products are designed to ensure a simple, reliable, and responsive financial environment for our customers. Envisioned to be the most trusted financial service provider, our app has an easy-to-use interface aimed to enhance user experience and comfortable navigation.

Our promoter, Muthoot FinCorp Ltd., is one of the most reputed names in the Fintech industry and has the customers trust in diverse segments like Financial Services, Automotive, Hospitality, Alternate Energy, Real Estate, and Precious Metals.

In our quest to build teams across diversified domains, we recently acquired Paymatrix, an award-winning start-up founded in 2016. It has helped us venture into rent and rent-related payments and other vendor payments using credit cards. Currently, we are working on transforming Paymatrix into a Virtual POS platform.

Muthoot FinCorp ONE believes in an ownership driven startup culture, where cumulative success is paramount, and each team member is valued and nurtured.

What can you expect

Build the future, Today - Build for scale in an ever-expanding marketplace

Attractive compensation with wealth- building ESOPs - Attractive salaries and benefits

Perks & other benefits - Wholesome well-being and personal satisfaction

Work with the brightest minds in the industry - Premium colleges, great pedigree and amazing teams

Dynamic work environment: Stable yet exciting - Constant challenges that test the best in you

Fast-paced growth - Wide exposure, and terrific mentors to accelerate professional growth

Roles and Responsibilities:

• Responsible for End-to-End finance operations wrt Digital MSME Business AR, AP.

• Oversee day-to-day financial transactions, including disbursements and collections.

• Knowledge of Loan Origination System and Loan Management Systems to design various reports for decision making and for reconciliation of data across various systems.

• Knowledge of payment gateway workflow, reconciliation of reports with financial records and reporting deviations for further action.

• Driving New IT implementations of MSME wrt Finance and Accounts like Automation the F&A processes wherever required.

• Month end reconciliation wrt PF & Interest sharing, NPA and FLDG for invoice generation and memo sharing etc. with Anchor Partners

• Ensure accuracy and completeness of financial records in accordance with established procedures.

• Liaison with MSME Anchor Partners wrt Payouts, TDS, and GST compliances

• Generate reports and analytics to support decision-making and reporting requirements.

• Assisting in internal and external audits, providing necessary documentation.

• Identify potential risks related to financial transactions and propose mitigating strategies.

• Work closely with other departments, including credit and operations, to streamline processes and improve overall efficiency.

• Collaborate with technology teams to ensure the effective use of financial systems.

Qualifications :

• Degree in B.com with minimum 2-3 years experience.

Good to have:

• M.Com (or)

• CMA Inter/Final with relevant experience (or)

• MBA Finance