About Times Internet At Times Internet, we build premium digital products that simplify and enhance the everyday lives of people. We are India’s largest digital products company with a presence in a wide range of categories across news, entertainment, marketplaces, and transactions. Many of our products are market leaders & iconic brands in their own right. TOI, ET, Indiatimes, NBT, MT, ET Market, and Cricbuzz, among others, are products that bring you closer to your interests and aspirations. We are excited by new possibilities and look forward to bringing new products, ideas, and technologies that help people make the most of every day. Build a career of purpose & passion with Times Internet.About the Business UnitAbound (ExTimes Club) is a fintech app and cross-border neobank for the Indian and South Asian diaspora. Users get personalized and exclusive rewards on purchases on their credit or debit cards as well on Abound’s. The app has quietly been live in the US market for a year and has been incubated at Times Internet. Times Club focuses on the traditionally underserved South Asian diaspora. The service provides personalized rewards on relevant and best-of-breed diaspora businesses such as Indian grocery stores, OTT streaming apps and money remittance services among others. Users of its neobank will get additional benefits from the Times ecosystem (e.g. free Cricket and Bollywood streaming subscriptions) as well as seamless 1-click money remittances between the US and India.Abound is unique in that we can’t think of any other media conglomerate globally that has made such an ambitious attempt using fintech to combine media, advertising and commerce business models. On success, this will have a transformative impact on how media companies serve their audiences and compete with tech companies. Abound currently leads the competitor universe with 5x more users when it comes to user adoption.About the RoleThe Role will be responsible for financial operations and for managing financial reporting, budgeting, and compliance, while leading a team of accounting professionals to ensure the accuracy and integrity of financial data.Key Financial & Accounting Responsibilities: Analyze financial trends: analyze operational costs, create budgets, and forecast future financial trends to help businesses make strategic decisions. Maintain accounting records: collect, track, and correct a company's finances, and ensure financial records are accurate. They also reconcile bank statements and perform financial audits. Prepare financial statements: prepare financial statements, balance sheets, and profit and loss statements. Also review financial statements and other reports to ensure they are accurate. Report risk management issues: report risk management issues and provide risk analysis and forecasting. Advise on cost-savings: advise on areas that require efficiencies and cost-savings. Work with external auditors: Accountants work with external auditors. Prepare and recommend policies and procedures: Accountants prepare and recommend policies and procedures to maintain accounting controls.Will perform daily wire transfer functions in a centralized processing environmentResponsible for performing operational support duties of the Wire processAssists in creates, verifies, issues and receives wire transfers for processing, monitors the status of wire transfers, monitor for suspicious or fraudulent issues in accordance with state and federal regulationsKey Financial Reporting Responsibilities::Review monthly, quarterly, and annual financial statements.Ensure compliance with accounting standards and regulations.Provide insightful financial analysis to business leaders to support decision-making.Efficiently coordinate external audits, collaborating closely with auditors and providing required documentation and informationManage accounts receivable (AR) and accounts payable (AP) processes, encompassing invoicing, collections, payments, and meticulous reconciliation.Maintain meticulous and current financial records and documentation, utilizing advanced accounting software such as QuickBooks.Analyze financial data and trends to derive actionable insights and recommendations aimed at enhancing financial performance and operational efficiency.Skills, Experience & Expertise:Must have experience working in startup environments, with the ability to thrive in high-growth, fast-paced settings and build scalable processes.Knowledge of accounting practicesProficiency in accounting softwareAbility to analyze dataCritical thinking skillsAccounting organizational skillsTime management skills8 and years of experience managing risk operations.Proven track record of building and scaling global ops teams and processes in high-growth environments across multiple time zones.Subject-matter-expert in US AML and sanctions regulations, adept at collaborating cross-functionally and communicating effectively with stakeholdersStrong demonstrated knowledge of regulatory compliance regulations and requirementsStrong understanding of global regulatory requirements in financial services (e.g., AML, PCI DSS).Exceptional analytical and problem-solving skills, with the ability to make data-driven decisions.Excellent communication and interpersonal skills, with the ability to influence stakeholders at all levels
Job Title
Finance Manager