Finance & Accounts Executive

Role Summary:

The Finance & Accounts Executive will be responsible for the complete end-to-end finance and accounting operations of a 2W rental business. The role involves managing the entire accounting lifecycle, including revenue accounting, receivables, payables, bank and escrow reconciliations, vehicle procurement accounting, service and maintenance accounting, statutory compliance support, MIS reporting, and end-to-end Profit & Loss (P&L) management.

The individual will work closely with Operations, Service, Procurement, Business, and Finance teams to ensure accurate financial reporting, strong internal controls, and smooth day-to-day financial operations.

Why this role matters:

This role sits at the financial core of a high-velocity, asset-heavy rental business where margins are shaped daily by utilization, uptime, and cost discipline. The Finance & Accounts Executive is not just closing books - they are building the operating rhythm of the business by ensuring every vehicle, ride, and rupee is accurately tracked, controlled, and translated into actionable insights. Strong ownership in this role directly impacts fleet profitability, cash flow health, and scalability, making it critical to sustaining unit economics as the business grows.

Key Responsibilities:

· Manage end-to-end accounting and finance operations for the rental business.

· Account for rental revenue, customer billing, and revenue recognition.

· Process vendor invoices and manage Accounts Payable.

· Monitor customer collections and manage Accounts Receivable.

· Record all financial transactions and maintain the General Ledger.

· Perform daily bank, escrow, and payment gateway reconciliations.

· Reconcile finance partner settlements, EMI payments, and collections.

· Account for vehicle procurement, capitalization, and asset records.

· Process service, maintenance, refurbishment, insurance, and operating expenses.

· Prepare and review journal entries, accruals, and provisions.

· Ensure timely month-end and year-end financial closing.

· Prepare monthly P&L, Balance Sheet schedules, and Cash Flow reports.

· Track vehicle-wise, branch-wise, and business profitability.

· Prepare daily, weekly, and monthly MIS and management reports.

· Ensure compliance with GST, TDS, accounting policies, and internal controls.

· Coordinate with Operations, Service, Procurement, Treasury, and Business teams.

· Support statutory audits, internal audits, and financial reporting.

· Maintain complete documentation for all financial transactions.

· Identify process improvement opportunities and strengthen financial controls.

· Ensure ERP transactions are accurate, complete, and reconciled.

Requirements

Skills & Qualifications:

· Bachelor’s degree in Commerce, Accounting, or Finance (B. Com / M. Com / MBA in Finance preferred).

· 4–6 years of experience in accounts receivable or general accounting

· Knowledge in automobile and/or automotive rentals industry

· Strong understanding of accounting principles, GST.

· Good knowledge of accounting principles and MS Excel, Word, PowerPoint etc.

· Experience with accounting software (e.g., Tally, ERP).

· Strong ownership mindset with attention to detail and accuracy in a fast-paced environment

· Ability to work cross-functionally with operations, procurement, and business teams

· Problem-solving approach with a bias for identifying gaps and improving processes

· Comfort with ambiguity and setting up processes from scratch in a new business

· Good communication skills to translate financial data into clear business insights

· High integrity and discipline in handling financial data and controls

· Strong time management skills