Brief Description of Company: Niyo was founded in 2015 with the vision of changing the way Indians approach their finances - no matter where they work, what they earn, or how techsavvy they are. We currently have around 500 employees spread across offices in Bangalore. To date, we’ve raised $179.3 Million in funding, and have maintained a sharp focus on identifying customers’ banking pain points and crafting solutions that improve their experience. We currently operate in 4 major business lines:

• Niyo Bharat - a prepaid salary card and digital banking product for blue collar workers
• Niyo Global - a zero forex markup travel card that works anywhere in the world
• NiyoX - a co-branded savings account with industry-best interest rates, 0 maintenance charges, and a host of exciting features
• Niyo Money - a wealth management platform with 0 commission mutual funds, domestic stocks, and more.
  
  

We are seeking a detailoriented and experienced Accountant to join our finance team. The ideal candidate will be skilled in Record to Report (R2R) processes, reconciliations, and reimbursement management. You will play a critical role in ensuring accurate financial reporting, efficient reconciliation of accounts, and timely processing of employee reimbursements while adhering to internal controls and compliance standards.

Key Responsibilities:

• Record to Report (R2R):
• Maintain accurate and timely financial records.
• Ensure proper month-end and year-end closing processes, including journal entries, accruals, and adjustments.
• Prepare financial statements and management reports.
• Assist in variance analysis and provide insights on financial performance.
• Reconciliations:
• Perform account reconciliations, including bank, vendor, and intercompany accounts.
• Identify and resolve discrepancies promptly.
• Monitor and manage open items in reconciliations to ensure accuracy and completeness.
• Reimbursement Processes:
• Review and process employee expense reports in compliance with company policies.
• Ensure accuracy and proper documentation of reimbursements.
• Work with employees to resolve reimbursement-related queries and discrepancies.
• Compliance and Controls:
• Ensure adherence to financial policies, procedures, and regulatory requirements.
• Support audits by providing required documentation and insights.
• Assist in implementing and improving internal controls and process efficiencies.
  
  

Qualifications and Skills:

 Education: Bachelor’s degree in accounting, Finance, or a related field (CMA/MBA/MCOM) is a plus).

 Experience: Minimum of 2-4 years of relevant experience in accounting roles, with exposure to R2R, reconciliations, and reimbursement processes.

Technical Skills:

• Proficiency in ERP systems (Tally) and advanced Excel skills.