29 Oct
|
MyFactor
|
India
We’re looking for an Accountant with hands-on experience in bill discounting / invoice factoring to own the accounting for our factoring book. You’ll manage purchased receivables, reserves, collections reconciliation, and client settlements, and help keep our books accurate, audit-ready, and scalable as we grow.
Key Responsibilities:
- Record and reconcile purchased invoices, advances, reserves, and factoring fees for each client account
- Reconcile debtor (broker/shipper) payments to open invoices; apply cash and resolve short pays and unapplied funds
- Process reserve releases, rebates, chargebacks, and recourse items
- Prepare client statements and settlement reports
- Handle month-end close: journal entries, accruals, fee income recognition, and bad-debt reserve
- Prepare financial statements and management reports
- Support the CFO with audits, tax filings, lender reporting, and borrowing-base certificates
Requirements:
- Bachelor’s degree in Accounting, Finance, or related field
- 1+ years of accounting experience in bill discounting, invoice factoring, receivables finance,
or a similar lending/finance company
- Robust reconciliation skills with high-volume transactions
- Proficient in QuickBooks (or similar) and advanced Excel
- Detail-oriented, organized, and comfortable working under daily deadlines
What We Offer:
- Competitive salary based on experience
- Direct exposure to leadership in a fast-growing fintech/factoring company
- Room to build and shape our finance function
About MyFactor:
MyFactor LLC is a freight factoring company founded in 2025, serving carriers, trucking companies, and brokers across the U.S. We buy freight invoices and fund carriers fast through real-time payments, alongside a bundled suite of services including a free TMS, fuel discounts, business banking, and credit checks. We’re a growing, hands-on team led by finance and technology professionals.
Pay: ₹400,000.00 - ₹600,000.00 per year
Benefits:
- Work from home
Work Location: Remote
📌 Accountant – Freight Factoring (India)
🏢 MyFactor
📍 India