29 Oct
|
Ayati Devices Private
|
Bengaluru
29 Oct
Ayati Devices Private
Bengaluru
The Finance Manager will own the day-to-day finance and accounting function at Ayati Devices. This is a hands-on role suited for a detail-oriented professional who thrives in a startup environment, can manage multiple compliance and reporting responsibilities independently, and can build robust finance processes from the ground up.
Key Responsibilities
Accounting & Financial Closure
- Review and close accounting data on a monthly basis with accuracy and within defined timelines
- Maintain the general ledger, ensure correct classification of transactions, and reconcile all key accounts
- Oversee accounts payable and receivable; Statutory Compliance
- Handle end-to-end GST compliance — monthly/quarterly filings (GSTR-1, GSTR-3B, annual return) and timely payments
- Manage TDS deductions, payments and quarterly returns
- Ensure timely payment and filing for Professional Tax (PT) and PF/ESI contributions
MIS & Reporting
- Prepare monthly MIS reports covering P&L;, balance sheet highlights, cash flow, and key financial metrics
- Track budget vs. actuals and provide variance commentary to leadership for informed decision-making4
- Prepare financial data packs to support investor updates and board reporting
- Maintain dashboards and schedules for key financial indicators relevant to the business
Payables, Reimbursements & Vendor Management
- Review and process employee reimbursement claims in line with company policy, flagging exceptions
- Verify vendor invoices for accuracy, GST compliance, and contractual alignment before payment approval
- Manage the vendor payment calendar; ensure timely disbursements and maintain healthy supplier relationship
- Maintain proper documentation and approval trails for all payment transactions
Cash Flow & Banking
- Monitor daily cash positions and prepare short-term cash flow forecasts to flag liquidity gaps early
- Manage banking operations including fund transfers, bank reconciliations, and liaison with banking partners
- Coordinate with the leadership on deployment of funds in line with the approved financial plan
Audit & Internal Controls
- Lead statutory audit preparation — prepare audit schedules, coordinate with auditors, and ensure timely closure
- Support internal audits and implement recommendations to strengthen financial controls
- Document standard operating procedures (SOPs) for core finance processes and ensure adherence
- Identify and escalate any control gaps, policy violations, or financial irregularities
- Qualifications & Experience
Chartered Accountant (CA) or CA Inter qualified
- Minimum 2 years of post-articleship experience in a finance/accounts role
- Prior experience in a startup, manufacturing, or MedTech company is an advantage
- Strong working knowledge of GST, TDS, PT, PF, and other statutory compliances
- Proficiency in accounting software (Tally, Zoho Books, or equivalent) and MS Excel
- Hands-on experience preparing MIS and financial reports for leadership review
Key Competencies
- High attention to detail and a strong sense of ownership over outcomes
- Ability to work independently and manage multiple deadlines simultaneously
- Strong analytical and problem-solving mindset
- Clear communication skills — ability to explain financial information to non-finance stakeholders
- Comfort operating in a fast-paced, evolving startup environment with limited hand-holding
What We Offer
- Opportunity to build and shape the finance function at a funded, high-growth MedTech startup
- Direct exposure to leadership and strategic business decisions
- Collaborative and mission-driven work culture
- Competitive compensation aligned with experience and qualifications
Pay: ₹50,000.00 - ₹75,000.00 per month
Advantages :
- Health insurance
- Provident Fund
Work Location: In person
📌 Finance Manager (Bengaluru)
🏢 Ayati Devices Private
📍 Bengaluru