Kulfi Collective

Finance Associate | Kulfi Collective

  • Finance & Accounting
  • Full-time
  • Mumbai, IN
  • Remote friendly

Company Background

Kulfi Collective is a modern media network that builds and operates brands and studios that function at the intersection of content, commerce and culture. We bring together talent and technology to produce innovative content properties and reimagine the future of storytelling for an open, decentralized web 3.0. 

Kulfi operates across three business verticals - Supari Studios (branded content), Keeda Media (original content) and Post Office (immersive content). Over the past 10 years, we have produced 10,000+ minutes of content that has been viewed over 1.5 billion times online for brands and platforms such as Red Bull, Netflix, Google, Spotify, Disney+, Flipkart and Bumble to name a few.


Job Responsibilities

Accounts

  • Provide financial reports and interpret financial information to managerial staff while recommending further courses of action

  • Record vendor invoices along with the applicable indirect taxes and TDS in the accounting software

  • Prepare invoices to be issued to the clients and liaise with them for payments

  • Making payments and receipts as necessary for the business and recording them in accounting software in a timely manner

  • Maintain debtors and creditors ageing and report this information periodically to the management

  • Ensure outlined procedures in the Finance Policy are adhered to while making any payments (or) receiving funds

  • Make necessary journal entries as appropriate for appropriate accounting as per standard procedures

  • Ensure necessary documents are maintained for any transactions that are accounted in the software

  • Be a part of the process change which affects the finance function as such and help in implementation of new processes

  • Ready to adapt to technological changes in the field

Banking

  • Understand the processes relating to the bank transactions

  • Interacting and coordinating with bank branch for the work

  • Preparing bank reconciliation statements as per the defined frequency

  • Understand the relationship with various financial institutions and help develop the same even further

Audit

  • Manage and handle the ongoing communication with Auditor’s office and build rapport as a single point of contact

  • Coordinate in case of periodic audit visits done by auditor’s office to the district and provide them with necessary information, documentation as necessary for completion of timely audit

Finance, Compliance and Tax

  • Scrutinize trade receivables for overdue amounts and follow-up for the collection

  • Maintain debtors ageing MoM

  • Scrutinize trade payables and ensure that there are no inconsistencies in the vendor payments

  • Develop thorough knowledge of Direct and Indirect taxes by getting involved with the team during monthly compliances and annual audits

  • Assist in filing of various periodic returns relating to direct and indirect taxes like TDS returns, GSTR-1, GSTR-3B, GST Annual Returns and the like.

  • Assist in creating MIS for reporting to the Management and Investors


Requirement

Essential:

  • 0 - 3 yrs of work experience in Finance

  • A solid understanding of financial statistics and accounting principles

  • Working knowledge of all statutory legislation and regulations

  • Knowledge of MS Excel (specifically advanced formulas, pivot tables and charts)

  • Familiarity with forecasting methods and data analysis

  • Strong analytical skills

  • Excellent communication and presentation skills

  • Knowledge of accounting best practices and regulations

  • Excellent ability to organize and coordinate tasks

  • Compatibility for both independent and team work

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