Senior Finance Executive

Reposted 18 Days Ago
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Bangalore, Bengaluru Urban, Karnataka, IND
In-Office
Senior level
Artificial Intelligence • Information Technology
The Role
The Senior Finance Executive will manage daily accounting operations, ensure compliance with regulatory requirements, support financial reporting, and work with other teams at Karya.
Summary Generated by Built In

About Karya:
Why was Karya on the cover of the Time Magazine , highlighted by Satya Nadella , and chosen by Google as its partner for Project Vaani? 

In part, because Karya is on a mission to provide AI enabled earning and learning opportunities to economically underserved communities, thereby building a pathway out of poverty for them. Karya achieves this while also delivering high quality, timely, and price competitive data to its clients.

Karya’s workers make at least 20 times the Indian minimum wage and through our one-of-a-kind digital work platform, we have delivered over 40 million digital tasks and are poised to positively impact over 100 thousand workers by the end of the year. In the coming years, our goal is to rapidly scale our impact by bringing economic opportunities to millions of underserved users in India.

About the Role

We are seeking an experienced finance professional to join Karya as our Senior Finance Executive. This offers an exciting opportunity for a motivated candidate to help build a strong Finance function at Karya. The Senior Finance Executive will play a critical role in managing daily accounting activities such as invoicing, reconciliations (client & vendor ledger), reconciliations related to bank and taxes (TDS and GST). Further, this role will work with other functions in ensuring all support related to Finance information. It may be noted that basic accounting in Tally is an outsourced function and hence, ledger scrutiny and differences arising out of such scrutiny need to be reported to the outsourced partner for corrections.

Reporting, roles and responsibilities

The post will report to the Finance Manager and the role is based in Bengaluru. The scope of responsibilities is as follows:

Manage daily finance operations

    1. Lead and manage the daily accounting operations with the help of Karya’s outsourced accounting partner. This includes ensuring client invoices are raised in time, vendor invoices are paid in time after due approval and  ledger scrutiny is carried out to ensure accuracy of expense booked by partner.
    2. Ensuring all people in the organisation abide by Karya’s financial policies.
    3. Ensuring continuous compliance with regulatory requirements including determination and payment of TDS and GST liabilities by providing all the inputs required for doing so on a monthly, quarterly and annual basis.
    4. Manage procurements to ensure rigorous and conscious fiscal spending. 
    5. Corroborate and verify employee requests for claims and reimbursements, including scrutiny of invoices and bills.
    6. Coordinate with other functions at Karya to ensure all finance support is provided for them to carry out their roles. 
    7. Maintaining internal controls and financial procedures to safeguard company assets and maintain compliance with regulatory requirements.

Provide support in  financial reporting

    1. Ensure donor reports are prepared and reviewed before  sharing with the Founders with accuracy and in a timely manner.
    2. Ensure all donor due diligence is completed in time by providing the required financial data for due diligence.  
    3. Work closely with the management to liaise with external auditors and internal team members, ensuring a smooth audit process, and address any audit findings or recommendations.
    4. Contribute to and manage annual financial reporting requirements as they may arise. 

Required skills and experience

We are looking for the following competencies as a part of this role:

  • B Com / CA (Inter) 
  • A minimum of 5 years of experience in Financial accounting and management, with a strong track record of accounting and forecasting.
  • Experience in both non-profit and for-profit financial management is preferred
  • Strong knowledge of accounting principles, financial regulations, and financial software tools including MS -Excel with an eye for detail is essential.
  • Ability to handle large payments dataset and carry out reconciliations.
  • Exceptional communication and interpersonal skills for effective collaboration and communication with the members of other teams within Karya.
  • Proven ability to work independently, adapt to a dynamic startup environment, and drive financial initiatives.
  • Prior experience of handling banking relationships would be an added advantage.

What We Offer

  • Flexible leave and vacation policy
  • Hybrid work options
  • Insurance as per industry standards
  • Access to leaders in technology and social impact sectors
  • A chance to contribute meaningfully to AI, digital equity, and rural development

Karya celebrates diversity and is an equal opportunity employer. All applicants will be considered without regard to race, religion, gender identity, sexual orientation, disability, or any other protected status.

Skills Required

  • B Com / CA (Inter)
  • Minimum of 5 years of experience in Financial accounting and management
  • Strong knowledge of accounting principles and financial regulations
  • Experience in both non-profit and for-profit financial management
  • Exceptional communication and interpersonal skills
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The Company
Bangalore
92 Employees
Year Founded: 2022

What We Do

At Karya, we are on a mission to bring AI-based earning and learning opportunities to low-income communities. The AI revolution has created a massive amount of digital work surrounding data generation, labelling, and enrichment. From building multimodal Indic language datasets and human-in-the-loop tasks to mitigating bias and culturally-sensitive LLM evaluations, Karya’s workers in rural India enable cutting-edge, inclusive AI innovations. We have also built a one-of-a-kind digital work platform that divides AI-data tasks into microtasks and distributes them to individuals in need of supplementary income. So far, our platform has been used to distribute 40 million+ tasks to 40,000+ people in India. Our platform and model allows us to provide our workers some of the highest wages in the global data market - nearly 20 times the Indian minimum wage. We were on the cover of the Time Magazine and Bloomberg last year, and Microsoft CEO, Satya Nadella recently highlighted our work in his keynote. Karya has been supported by organisations like Microsoft, Google, Gates Foundation, ACT Grants, Fast Forward, 100X Accelerator, DRK Foundation, Mulago, Echoing Green, The/Nudge Institute among others

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