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23/03 Khevna Shah
Head HR at Coverfox Insurance

Views:789 Applications:82 Rec. Actions:Recruiter Actions:40

Coverfox - Manager/Senior Manager - Finance - CA (8-12 yrs)

Mumbai Job Code: 1237607

About Coverfox & CoverStack

- The Coverfox Group ( is a blend of insurance broking expertise with technology know-how to emerge as one of its kind insurance ecosystem aggregator. Under the group umbrella are the three key business verticals:

- Coverfox ( - our direct to customer broking brand that connects with the new age digital buyer via the website and the app that allows a user to compare and buy insurance in as little as 90 seconds. It is a DIY experience to buy insurance with excellent post-sales service support.

- CoverStack ( - our technology arm that enables insurers and partners to take their business ambitions to the next level through our no-code, plug & play insurance infrastructure solutions.

- Our journey so far has been nothing short of remarkable, with premium generation of over 1250 Cr, sale of 3.5 Mn+ policies, partnering with 50+ insurers and integrating 350+ products. With CoverStack, we have over 15+ partners such as Spinny, CarsTrade, ICICI Securities to name a few.

- As a Group, we celebrate being authentic, inspired and ambitious to get things done and create impactful disruptions. We are a vibrant team filled with enthusiasm and energy to innovate and solve the customer challenges.

- Headquartered in Mumbai, and having presence through teams located remotely, we are focussed to grow in B2C, B2B2C and B2B verticals of business with a phygital approach.

- Join us as we grow from strength to strength in our turnaround story as a technology solution provider for the insurance ecosystem.

About the Role :

The role is to manage the account payables, banking and taxation aspects of finance, reporting into the Financial Controller. It is imperative for the incumbent of the role to have be a qualified Chartered Accountant.

Key Roles & Responsibilities :

Banking, Payables & Audit :

- Maintain the account payables and expense reporting files. Ensure verification and transaction entry to journals, ledgers etc.

- Daily coordination with bank for payment processing and miscellaneous tasks; validation & verification of banking transactions; bank reconciliations, settlements etc.

- Prepare and publish monthly, quarterly and annual MIS on expenses, provisioning schedule, reports for statutory / audit / others.

- Ensure successful closure of statutory audit by active participation in data preparation, query resolution, documentation of recommendations etc.

- Manage treasury function i.e. investment of surplus funds in various instruments. Manage fixed asset accounting.

- Prepare and publish periodic reports on cash flow, payable reports; coordinate for vendor invoicing and payouts across departments.

- Manage and ensure closure on investor due diligence reporting on need basis.

Taxation (Direct / Indirect) :

- Monthly filing of income tax returns, TDS, payments and quarterly verification.

- Monthly GST working, reports, payments and filing of returns. Managing notice responses as and when required.

- Complete tax audit, advance tax closures (as applicable).

- Managing statutory, internal / external, tax auditors and coordinating for successful completion of audit process

- Prepare and manage data for Direct Tax - assessments, appeals, assistance in lower deduction certificate working.

Your key qualifications & competencies :

- Chartered Accountant with at least 8 years' post qualification experience in Finance and Accounting function; preferably from BFSI sector.

- Commercial and business understanding; strong attention to detail and technical know how of financial aspects.

- Strong inclination to work in a start-up to scale-up organization with a blend of hands-on and managerial approach.

Women-friendly workplace:

Maternity and Paternity Benefits

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