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22/02 Sumana B
Lead TA & HR at StableMoney

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StableMoney - Finance & Accounts Specialist - CA (2-3 yrs)

Bangalore Job Code: 1378475

Finance/ Accounts:


About Stable Money :


Stable Alpha aims to build India's most trusted wealth tech platform, focusing on fixed-income investments. We're here to offer tailored solutions to retail investors that maximize and generate predictable returns, coupled with a sacrosanct focus on risk reduction. The household financial assets in India are overwhelmingly dominated by fixed income instruments and are typically low yielding, tax inefficient products.


Alternate fixed income products are nuanced and often complex, which presents an opportunity for a platform like ours to simplify fixed income investing for the end user through discoverability, demystification and analytics driven custom fixed-income portfolios. The tailwinds of a rising interest rate environment and a choppy stock market makes this a great time for a platform like ours to be launched into the market.


Our Investors We are an early-stage startup and have raised USD 5 Million in seed funding! The round has been led by Matrix Partners India and Lightspeed India, with participation from Titan Capital, Mars Shot Ventures, and 40+ marquee angel investors. Our team Saurabh Jain is a graduate from IIT Bombay who has previously worked as the CEO of Navi Mutual Fund and was leading Swiggys expansion into 500+ cities. Harish Reddy is a graduate from IIT Bombay and has deep expertise in building wealth product strategy. He was leading product strategy and the tech implementation at Estee Advisors. Both founders have extensive experience in wealth-tech businesses and complement each other to help build a scalable and value accretive business.


Why work with Stable-Alpha?


The culture at Stable-Alpha would be very entrepreneurial with a flat hierarchy and we promise to promote a welcome, open and inquisitive culture where issues and ideas are discussed freely and frankly without a fear of disapproval. You will be presented with unique opportunities to innovate and challenged to work and learn new things every day.


Stable-Alpha presents a great opportunity to be a part of the founding team and participate in the 0 to 1 journey of an exciting fintech business.


Finance/ Accounts:


Overview: We are seeking a detail-oriented and experienced Finance/Accounts Specialist to manage the financial aspects within the Debt Segment of our stockbroking division. The ideal candidate will have a strong background in finance and accounting, specifically within debt instruments, along with a solid understanding of regulatory compliance and financial reporting standards


Responsibilities:


Financial Reporting: Prepare and analyze financial reports specific to the debt segment, ensuring accuracy and compliance with regulatory requirements.


Accounting Operations: Oversee accounting processes related to debt instruments, including journal entries, reconciliations, and month-end/year-end closings.


Budgeting and Forecasting: Assist in the development of budgets and forecasts for the debt segment, providing insights and analysis to support strategic decision-making.


Audit Compliance: Ensure adherence to audit standards and facilitate the smooth conduct of audits related to debt instruments and operations.


Regulatory Compliance: Stay updated with regulatory changes impacting the debt segment, ensuring financial operations comply with relevant standards.


Financial Analysis: Conduct in-depth analysis of debt-related financial data, offering insights into market trends, risks, and opportunities.


Collaboration: Work closely with other departments such as operations, compliance, and trading desks to streamline financial processes and resolve issues.


Process Improvement: Identify areas for process enhancement and implement best practices to improve efficiency and accuracy within finance/accounts in the debt segment.


Requirements:


- Bachelor's degree in Accounting, Finance, or related field; CA or relevant certifications preferred.


- 2-3 years of experience in finance or accounting roles within the stock broking industry, with a focus on debt instruments.


- Thorough understanding of accounting principles, financial regulations, and reporting standards applicable to debt markets.


- Proficiency in financial software and tools for analysis and reporting.


- Strong analytical skills with attention to detail and accuracy.


- Excellent communication skills to liaise with internal teams, auditors, and external stakeholders.


- Ability to manage multiple tasks, prioritize effectively, and meet deadlines in a dynamic environment.

Preferred Qualifications:


- Experience with financial software/systems specific to debt instruments.


- Familiarity with risk management practices within finance/accounts for debt operations.


- Prior experience in a brokerage or financial institution specializing in debt markets.

Women-friendly workplace:

Maternity and Paternity Benefits

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