Job Description: Chartered Accountant (Finance & Fundraising Manager)

1. Job Overview

Khareed Low is looking for a qualified and commercially minded Chartered Accountant (CA) to manage the company's financial operations, accounting, vendor payment reconciliation, payment gateways, fundraising activities, and financial reporting.

The successful candidate will be responsible for maintaining accurate financial records, ensuring vendors are paid correctly and on time, monitoring payment gateway transactions, managing statutory compliance, and supporting the company's fundraising and financial growth strategy.

This is a hands-on role within a growing e-commerce, live shopping, and online auction marketplace. The candidate must be comfortable working in a startup environment, establishing financial processes, managing financial risks, and working directly with the founders to support business decisions and expansion.

2. Key ResponsibilitiesA. Accounting and Financial Management

- Maintain accurate books of accounts, ledgers, journals, and financial records.
- Prepare monthly, quarterly, and annual financial statements, including profit and loss statements, balance sheets, and cash flow statements.
- Manage accounts payable, accounts receivable, expense tracking, and bank reconciliations.
- Monitor company revenue, commissions, operating expenses, margins, and cash flow.
- Prepare budgets, financial forecasts, financial models, and variance analyses.
- Establish and maintain internal financial controls and accounting procedures.
- Monitor working capital requirements and provide recommendations to management.
- Ensure financial records are accurate, complete, and available for audits and management review.

B. Vendor Payouts and Settlement Reconciliation

- Oversee the complete vendor payout process, ensuring sellers receive the correct amounts for completed transactions.
- Reconcile order values, refunds, cancellations, returns, discounts, marketplace commissions, shipping charges, taxes, and other applicable deductions.
- Verify that vendor payouts match the company's order management system, payment gateway reports, bank statements, and settlement records.
- Monitor outstanding vendor balances, pending settlements, failed payouts, and payment discrepancies.
- Investigate and resolve discrepancies between recorded sales, collected payments, refunds, and amounts transferred to vendors.
- Establish a transparent and auditable process for approving, processing, and reconciling vendor payments.
- Ensure payouts are made according to approved settlement schedules and contractual terms.




- Maintain accurate vendor account statements and provide reconciliation reports to management.
- Coordinate with the operations and customer support teams to resolve payment disputes, refunds, chargebacks, and seller payout queries.
- Implement appropriate checks to prevent duplicate payments, incorrect settlements, fraud, and unauthorised transfers.

C. Payment Gateway Management

- Manage the financial and operational reconciliation of payment gateways integrated with Khareed Low, including Razorpay and other current or future providers.
- Monitor payment collections, gateway settlements, transaction fees, refunds, chargebacks, failed transactions, and settlement delays.
- Reconcile gateway transaction reports against internal order records and bank credits.
- Track gateway fees, GST on applicable charges, settlement deductions, reserves, and other adjustments.
- Coordinate with payment gateway providers to resolve settlement discrepancies, account issues, documentation requests, and transaction disputes.
- Monitor payment gateway performance and identify recurring payment failures or reconciliation issues.
- Maintain a daily or periodic payment reconciliation process, with clear records of unresolved differences.
- Support finance-related testing of new payment gateway integrations and changes to the company's payment infrastructure.
- Work with the technical team to ensure payment records, settlement references, refunds, and transaction statuses can be accurately tracked.
- Help management evaluate gateway pricing, settlement terms, reliability, and suitability for the business.

D. Fundraising and Investor Relations

- Lead financial preparation for fundraising activities, working directly with the founders and senior management.
- Develop financial models, revenue projections, cash flow forecasts, operating budgets, and valuation scenarios.
- Prepare investor-ready financial statements, fundraising budgets, use-of-funds schedules, and supporting documentation.
- Assist in preparing pitch decks, investment memoranda, financial summaries, and investor presentations.
- Identify and research potential investors, venture capital firms, angel investors, strategic investors, and other suitable funding sources.




- Support investor outreach, maintain a fundraising pipeline, and coordinate follow-ups with prospective investors.
- Prepare and maintain a secure data room containing financial statements, management accounts, tax filings, corporate records, and other due diligence documents.
- Coordinate investor due diligence, respond to financial information requests, and support negotiations on financial terms.
- Work with legal advisers and company management on investment documentation, share issuance, capital structure, and closing requirements.
- Evaluate the financial implications of proposed investment terms, dilution, valuation, and funding structures.
- Monitor fundraising milestones and ensure funds received are properly documented and accounted for.

Important: The CA will be responsible for driving fundraising preparation and coordination, investor outreach, and financial due diligence. Actual investment commitments and final deal approvals will remain with the founders and authorised company representatives.

E. GST, Taxation and Statutory Compliance

- Manage GST accounting, reconciliations, return preparation, and filing coordination, as applicable to the company's business model.
- Ensure appropriate treatment of marketplace commissions, seller transactions, refunds, and other taxable supplies.
- Review applicable TDS obligations, deductions, payments, and returns.
- Coordinate income tax compliance, advance tax calculations, tax audits, and other applicable statutory requirements.
- Maintain accurate supporting documentation for tax filings and regulatory reviews.
- Coordinate with external auditors, tax advisers, company secretaries, and legal professionals where required.
- Monitor relevant changes in Indian tax and accounting requirements affecting e-commerce marketplaces.
- Support compliance with applicable accounting standards, company law requirements, and financial reporting obligations.
- Ensure seller tax documentation and relevant transaction records are maintained according to applicable requirements.

F. Financial Controls, Fraud Prevention and Risk Management

- Establish financial approval workflows and segregation of duties for collections, refunds, vendor payouts, and company expenses.
- Monitor unusual transactions, duplicate payments, suspicious refunds, and potential financial irregularities.
- Ensure vendor bank details and payout changes are appropriately verified before payments are processed.
- Maintain an audit

Pay: ₹15,500.00 - ₹50,000.00 per month

Work Location: In person

📌 Chartered Accountant (Vadodara)
🏢 Khareed low Commerce private
📍 Vadodara