Finance Executive at Bright Money

Bengaluru, karnataka, India -

Full Time

Start Date

Immediate

Expiry Date

08 Feb, 26

Salary

0.0

Posted On

10 Nov, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Accounting Principles, Financial Regulations, QuickBooks, Tally, Microsoft Office, Excel, Attention to Detail, Data Entry, Financial Reporting, Organizational Skills, Time Management, Communication Skills, Interpersonal Skills, Teamwork, Independent Work

Industry

Financial Services

Description

We are Bright: Bright is a consumer fintech that helps Americans get out of debt, with the power of data science and machine learning. It is a mobile app that combines all the tools and tech needed to manage and get rid of debt. Bright’s tools include credit score building, automated debt paydown plans, financial planning, budget planning tools, and refinance loans. It works with credit cards, student loans and car loans. Bright has had 6x growth in the last year, with 300,000 users, and more than 100,000 ratings and reviews. Bright is backed by three major venture capital funds (Sequoia, Falcon Edge and Hummingbird) and with top angel investors from the US, UK and India, Bright has raised +$40 million in funding to date. Bright has recently raised $50M in debt funding from Encina Lender Finance, for its credit business growth. Encina Lender Finance provides lending solutions to consumer and commercial speciality finance companies across the U.S. and Canada. Today we are among the top 8 US FinTech companies. We will become a top-100 US financial institution, with the unique strength of data science and predictive modeling to enhance financial products for a user’s life outcomes. We will be the first at-scale Consumer Tech company, built in India for Global markets. About Our Founders: Bright was founded in 2019 by a founding team from McKinsey’s Banking Practice (Petko Plachkov and Avi Patchava) and InMobi Data Scientist (Avi Patchava, Varun Modi, Avinash Ramakath, Jayashree Merwade). What You'll Do? ● Record and process all financial transactions, including accounts payable, accounts receivable, and general ledger entries (Like computation of Depreciation, prepaid expense accounting etc). ● Ensure all transactions are accurately entered into the accounting system in a timely manner. ● Manage and reconcile bank accounts on a weekly basis. ● Record and process employee reimbursements. ● Assistance in monthly closure of books. ● Provide assistance to other departments regarding financial matters as needed. ● Preparation of details for Statutory returns like ESIC and TDS. What You'll Bring? ● Expertise of minimum 6 months to 1 years in the accounting or related role. ● Strong knowledge of accounting principles and financial regulations. ● Proficiency in accounting software such as QuickBooks, Tally and Microsoft Office applications, particularly Excel. ● Excellent attention to detail and accuracy in data entry and financial reporting. ● Strong organizational and time-management skills. ● Effective communication and interpersonal skills. ● Ability to work independently and as part of a team.

Responsibilities

The Finance Executive will record and process all financial transactions, ensuring accuracy and timely entry into the accounting system. Responsibilities also include managing bank reconciliations and assisting in the monthly closure of books.