Associate- Finance (Accounting, AP/AR, Reconciliation)

Role Summary

We are looking for a Finance Executive to manage financial operations for our GPS, Fuel Card and FASTag businesses.

The role will be responsible for vendor and customer payment reconciliation, partner commission invoicing and collections, cashback reconciliation, transaction-level accounting and coordination with the Central Finance team to ensure accurate and timely financial closure.

The ideal candidate should have strong analytical skills, excellent attention to detail and the ability to work across multiple internal teams and external partners.

Key Responsibilities

Vendor & Customer Reconciliation

• Manage end-to-end reconciliation of vendor invoices, customer payments, refunds and settlements.
• Reconcile transactions across internal systems, bank statements, vendor statements and partner reports.
• Identify payment mismatches, short payments, excess payments and pending settlements and drive closure.
• Maintain accurate ageing and track outstanding receivables/payables.

OMC / Bank Commission Management

• Track FASTag sales and transactions eligible for commission from banks and other partners.
• Prepare and raise accurate commission invoices based on agreed commercial terms.
• Track commission receivables and ensure timely collection from partners.
• Reconcile partner commission statements with internal sales/transaction data.
• Follow up with banks on discrepancies, pending invoices and overdue payments.

Customer Cashback Reconciliation

• Track customer cashback eligibility based on defined schemes and campaigns.
• Reconcile cashback accrued, paid and pending against customer-level transactions.
• Identify discrepancies between campaign eligibility, system payouts and actual settlements.
• Resolve cashback-related issues and prevent financial leakage.

GPS & Fuel Card Finance Operations

• Reconcile GPS device purchases, installations, replacements and vendor payments.
• Track Fuel Card customer payments, refunds and partner settlements.
• Validate vendor invoices against operational/installation records before processing for payment.

Cross-functional Collaboration

• Work closely with Central Finance, Business, Operations, Sales and Customer Support teams.
• Provide transaction-level data and supporting documents required for accounting and audit.
• Support month-end closure, accruals, provisions and revenue/commission recognition.
• Ensure business-level financial data is accurately captured in central finance systems.

MIS & Process Improvement

• Prepare regular MIS on collections, receivables, payables, commissions, cashback and reconciliation status.
• Track ageing and highlight financial risks or leakage areas.
• Maintain reconciliation trackers and audit-ready documentation.
• Identify opportunities to improve reconciliation processes through automation, dashboards and better controls.

Required Skills & Qualifications

• Graduate in B.Com / Finance / Accounting / related discipline.
• 14 years of experience in Finance Operations, Accounts Receivable, Reconciliation, Commercial Finance or similar roles.
• Experience in Fintech, Payments, Banking, Mobility, Logistics, Automotive or Fleet-tech will be preferred.
• Strong knowledge of MS Excel / Google Sheets Pivot Tables, XLOOKUP/VLOOKUP, SUMIFS, data reconciliation and basic data analysis.
• Strong understanding of invoicing, collections, reconciliation, receivables and payables.
• High attention to detail with strong numerical and analytical ability.
• Strong follow-up and stakeholder management skills.
• Ability to manage high transaction volumes and work with multiple data sources.
• Good communication skills and ability to work effectively with central and business finance teams.