About the role
Xflow is building cross-border payments infrastructure that provides businesses access to global markets, starting with those in India and subsequently other parts of South & South East Asia. We are enabling users to accept and payout money globally in a simple, reliable, compliant, transparent and financially compelling manner.
Building payments infrastructure is hard, and elegantly solving for cross-border payments infrastructure for businesses even more so. The complexity stems from the different changing regulatory requirements of the many countries that we will operate in, building payment guarantees in existing rails (or for that matter, creating a new payment rail altogether) and capturing value in a way where we are net additive to our users. This complexity excites and motivates us because we know that when we get it right, businesses around the world and their customers will be better off for it.
Xflow is hiring for its Finance Controllership team. As one of the early members of the team, the individual hired for the role will play a crucial role in ensuring the accuracy and efficiency of our financial operations. He/she will be expected to own processes relating to revenue recognition, expense management, month-end closing etc. and gradually grow into taking on more responsibilities related to controllership and business finance.
Responsibilities:
Assist in revenue recognition processes, ensuring adherence to accounting standards and company policies
Take ownership of expense management, including tracking, recording of expenses and ensuring that payables are processed in a timely manner
Analyze expense trends and identify opportunities for cost savings
Drive month-end closing activities such as reconciling accounts, investigating and resolving any discrepancies, and ensuring timely and accurate financial reporting
Maintain accurate and up-to-date records of volume processed, revenue earned and expenses towards bank partners
Prepare, consolidate and present insightful financial reports for leadership teams, highlighting key performance indicators and financial metrics
Prepare financial projection based on strategic plans
Work closely with Xflow’s accounting partners on matters relating to accounting, tax etc.
Identify, perform and drive improvements to internal controls and procedures
Work with GTM, Business operations team to automate reporting by leveraging existing data sets wherever possible
Ensure compliance with financial regulations and internal policies
Assist in audits by providing necessary documentation and explanations
Minimum Qualifications:
Candidates with CA background or equivalent qualification preferred.
Prior experience (preferably 4-6 years) in finance or accounting roles is mandatory
Strong knowledge of expense management, month-end closing procedures, and reconciliation
Proficiency in financial analysis and reporting
Excellent attention to detail
Strong communication and interpersonal skills
Proficiency in Microsoft Excel/Google Sheets