Position Overview:
BestEx Research Group, a prominent leader in the algo execution space and offers its cloud-based algorithmic execution platform as Software as a Service (SaaS) to its clients. Company is seeking a highly detail-oriented and organized Chartered Accountant to join global team to support growth of the global finance operations for U.S. parent and its subsidiaries/ branches around the world including India, APAC, UK etc.
As the finance leader, you will ensure the accuracy and integrity of financial records and trade- related transactions. You will play a crucial role in maintaining compliance, streamlining processes, and supporting financial reporting requirements. As our local team expands, you will also take on leadership responsibilitiesmanaging branch operations and mentoring a growing group of finance professionals.
This position offers a unique opportunity for an experienced accounting professional to make a meaningful impact in a fast-paced, collaborative environment. If you're driven, adaptable, and eager to grow with an innovative company, we'd love to hear from you.
Key Responsibilities:
- Finance Operations Management:
- Oversee and manage all day-to-day operations of the finance function within the Bengaluru branch, ensuring accuracy, efficiency, and compliance in all financial workflows
- Supervise and mentor the local finance team, providing guidance, support, and professional development in alignment with company-wide financial goals and standards
- Develop and implement finance-specific operational strategies to enhance productivity, streamline processes, and support global reporting requirements
- Monitor performance against key financial and operational metrics, ensuring the team consistently meets internal deadlines and service level expectations
- Financial Reporting & Analysis:
- Assist in preparing comprehensive monthly, quarterly, and annual financial reports for management review
- Generate detailed reports on trade activity, including profit/loss statements, fee breakdowns, and commission structures
- Analyze financial trends, providing insights to help the team assess operational efficiency and profitability
- Audit & Compliance Support:
- Support internal and external audit processes by providing accurate documentation and ensuring all financial records are compliant
- Help maintain adherence to tax regulations and accounting standards to ensure smooth and efficient audit cycles
- Transaction Recording & Maintenance:
- Accurately record and track all trade-related transactions, including commissions, clearing fees, execution fees, and other trading expenses
- Input daily financial data into QuickBooks Enterprise, ensuring proper classification of accounts and financial entries
- Ensure strict compliance with US GAAP and industry regulations, ensuring accurate financial transactions and reporting
- Reconciliation & Account Management:
- Regularly reconcile bank and brokerage accounts, verifying consistency with trade records and statements from external partners (e.g., clearers, brokers)
- Monitor cash flow related to trading activities, ensuring accurate documentation and timely reconciliation of all transactions
6
. Accounts Payable & Receivable:
- Process vendor invoices with precision, ensuring they are accurately documented and paid on time
- Generate and send client invoices for trade-related services and proactively follow up on outstanding balances
- Maintain aging reports, assist in collections, and engage with clients effectively to resolve any issues related to unpaid invoices
- General Financial Support:
- Provide administrative assistance to the finance team by completing ad-hoc tasks such as financial analysis, reporting, and data entry
- Organize and maintain financial files, ensuring that documents and reports are easily accessible
Skills & Qualifications:
- Proven experience to establish and operate finance operation, with prior experience in the financial services or capital market trading sectors being a strong advantage
- Proficient in accounting software (e.g., QuickBooks, Xero, Sage) and MS Excel for financial analysis and reporting
- Strong understanding of accounting principles, financial reporting, and reconciliation processes
- Familiarity with financial transaction management, especially in trading or brokerage environments, is highly desirable
- Detail-oriented with excellent organizational skills and the ability to manage multiple tasks effectively
- Strong communication skills for seamless interaction with both internal team members and external partners
- Proven experience in managing or overseeing finance function operations, with a focus on team leadership and operational efficiency
- Experienced Chartered Accountant in Accounting, Finance, or a related field
Working Hours & Environment:
- Working Hours: 2:00 PM to 11:00 PM, inclusive of a 1-hour break
- Full-Time position
- Work Location: Bengaluru
- Compensation: Competitive salary, commensurate with experience
Why Join Us
Impact: Contribute directly to the financial health and success of a growing and dynamic company.
Your work will have a meaningful impact on day-to-day operations and long-term success.
Growth Opportunities: Expand your knowledge and experience in establishing the world class finance operation. You will have the chance to enhance your career while working in a collaborative and fast-paced environment.
Work-Life Balance: Enjoy the opportunity to work part-time, providing you with a balanced lifestyle while making a meaningful contribution to the company.
