Bimaplan - Assistant Manager - Finance & Accounts

Assistant Manager - Finance and Accounts

What we're looking for :

- The ideal candidate will play a crucial role in managing revenue and receivables, ensuring accurate financial reporting, and handling various ad-hoc tasks related to financial operations.
- This position offers a challenging yet rewarding opportunity for an individual with a strong background in finance and a keen eye for detail. This is an individual contributor role.

Responsibilities:

Revenue Management:

- Oversee the complete revenue management process, including invoicing, collection traceability, customer reconciliations, and GL control.

- Manage taxes (GST/TDS/TCS) by performing revenue reconciliations, ensuring timely return filings, and making necessary adjustments in books.

- Monitor and analyze revenue to ensure accuracy and completeness.

- Collaborate with sales and other relevant departments to validate revenue recognition.

- Implement and maintain robust processes for timely and accurate revenue reporting.

Receivable Management:

- Oversee the entire accounts receivable process, from invoicing to collections.

- Regularly review aging reports and take necessary actions to accelerate collections

- Develop and implement strategies to reduce outstanding receivables and minimize bad debt.

Compliances :

- Coordinating with consultant to ensuring compliances are regularly complied with.

Accounting & Financial Reporting:

- General ledger accounting and book closure - Monthly review of all the GLs and ensure postings are made on time.

- Provide insights and recommendations based on revenue and margin analysis to support decision-making.

Ad-hoc Tasks:

- Undertake various ad-hoc financial projects and analyses as required by senior management.

- Collaborate with cross-functional teams to address unique financial challenges and opportunities.

- Continuously identify and implement process improvements to enhance overall efficiency.

- Any other support as needed on a timely basis.

Qualifications:

- CA-Inter, or a finance and accounting professional with 5+ years of experience.

- Fintech/Insurtech start-up experience will be preferred

- Good communication & interpersonal skills to work effectively with internal/external teams

- Good team player who has collaborative mindset and the ability to work seamlessly within cross-functional teams

- Organize tasks, set priorities, meet deadlines, and manage multiple tasks

- Exhibit proactiveness and ownership of tasks assigned

- Takes initiative to identify and address potential issues before they escalate

- Strong analytical and problem-solving skills with attention to detail without losing sight of big picture.

- Functional skills backed with analytical skills and problem-solving skills.

- Ability to handle & analyze complex data and provide actional insights

- Ability to deal with ambiguity and ever-changing needs

- Proficiency in excel and accounting software like Tally

Benefits:

- Be a part of a well-funded, high growth insurtech startup

- Opportunity to create large scale impact

- Competitive market salary

- Health insurance with 100% premium covered

- Flexible and fun work environment

About Us:

Bimaplan is an affordable insurance platform for the next billion Indians. Our vision is to provide financial security to 150 million underserved Indian households through affordable life and health insurance. Increasing mobile penetration and evolution of digital infrastructure in India has now made it possible to reach this vulnerable population. We work with insurers to co-create affordable insurance plans and distribute through a vernacular app and a flexible referral network.

Bimaplan is founded by Vikul Goyal, and backed by Y Combinator. Vikul has extensive experience as a start-up founder and early stage investor in India. His previous start-up, Carcrew, was recently acquired by TVS. Vikul has an MBA from Harvard Business School, and a B.Tech. in Mechanical Engineering from IIT Guwahati.

We are backed by some of the best global early-stage technology investors, prolific fintech founders, and experienced insurance industry veterans. Here is the latest on our funding status.

https://www.livemint.com/companies/start-ups/ycombinator-backed-bimaplan-raises-2-5- million-in-pre-series-a-round-11624338292654.html

https://inc42.com/startups/bimaplan-adds-social-commerce-to-insurance-sachets/