Sr. Associate - FP&A

About Us

1% Club is an education-led fintech platform that helps people make smarter decisions with their money.

Founded by Sharan Hegde and Raghav Gupta, 1% Club was built on a core belief: financial literacy is the first step to financial independence. That belief built India's most trusted personal finance education brand, and has since evolved into a fintech platform with an app that helps users invest, plan,and manage their money in one place, powered by AI.

Company Snapshot

Headquarters: Mumbai, India

Team Size

: 200+

Backed by Gruhas (Nikhil Kamath)

What We Do

Financial Education7L+ learners across personal finance, taxation, insurance, credit cards, and investing through live masterclasses and a subscription-based membership.

Fintech ServicesThe 1% Club app is built to replace the traditional bank RM with something smarter, faster, and always available. It combines an AI finance copilot with a curated set of financial products, including mutual fund baskets, fixed deposits, and stock baskets, with plans to solve for credit cards, taxation, insurance, and loans over time. For users who want deeper guidance, the app offers Personal CFO, a premium SEBI-registered advisory service for end-to-end financial planning. Insurance advisory is handled through Pillow, an independent vertical focused on transparent, long-term protection.

Compliance & Governance

*1% Club operates under:*SEBI-registered Investment Advisor (RIA) license

SEBI-registered Research Analyst (RA) license

Trust is the foundation. Compliance is how we protect it.

The Road Ahead

Build the simplest, smartest way for Indians to manage their money, end to end, in one app. The modern replacement for your bank RM.

*Come build it with us.*Role OverviewThe Sr. Associate - FP&A will be responsible for managing day-to-day accounting and finance operations, ensuring accuracy, compliance, and timeliness across all financial processes. This role requires strong attention to detail, coordination skills, and the ability to manage multiple priorities in a fast-paced fintech environment.

Key Responsibilities (KRAs)

• Accounts Reconciliation
• Perform periodic reconciliation of bank accounts, ledgers, and sub-ledgers to ensure alignment between internal records and external statements.
• Identify and resolve discrepancies or unposted entries in a timely manner, coordinating with relevant departments where needed.
• Maintain a reconciliation tracker in Excel/ERP, ensuring audit-readiness and version control at all times.
• Prepare monthly reconciliation reports highlighting outstanding items, aged entries, and resolution status for the Finance Manager.
• Bank Receivable and Payable
• Generate and track sales invoices, maintain an ageing report for receivables, and follow up on overdue accounts to ensure timely collections.
• Record incoming payments and reconcile them against invoices, ensuring all bank receipts are coded to the correct GL account and cost center.
• Process vendor payment requests after validating invoices and supporting documents, and reconcile bank statements with the payables ledger regularly.
• Coordinate with the bank for payment processing (NEFT/RTGS/IMPS) and flag any mismatches between bank debits and recorded liabilities.
• Vendor Payments
• Validate vendor invoices against purchase orders or contracts, checking for accuracy in amounts, GST details, PAN, and banking information before processing.
• Prepare a weekly payment schedule prioritized by due date and payment terms, and submit for Finance Manager approval before disbursement.
• Process approved payments via the company banking portal and maintain a vendor payment tracker with UTR references, invoice numbers, and reconciliation status.
• Coordinate TDS deductions on applicable vendor payments as per Income Tax provisions and ensure timely deposit with the government.
• Vendor Management
• Onboard new vendors by collecting and verifying all required documentation including GST certificate, PAN, bank details, and signed vendor agreement.
• Maintain a centralized vendor master database with complete KYC records, payment terms, and contract details, and track renewals or exits proactively.
• Conduct annual vendor reconciliation by sharing ledger statements, resolving differences, and obtaining signed balance confirmation letters.
• Closely coordinate with the HR department on vendor coordination for HR-related services, sheet maintenance, timely payments, and general administration.
• Invoice Management
• Generate accurate sales invoices for all B2B transactions ensuring correct GST computation (CGST/SGST/IGST) based on the nature and place of supply.
• Receive, register, and verify all purchase invoices for completeness — checking vendor name, GSTIN, invoice number, taxable value, and HSN/SAC code.
• Match purchase invoices against purchase orders before routing for approval, and maintain a monthly invoice register for both sales and purchase transactions.
• Ensure all invoices comply with GST regulations and coordinate with the external CA for timely GSTR-1 and GSTR-3B filings.
• Business Finance
• Support the preparation of annual budgets and quarterly forecasts by working closely with department heads to gather inputs and validate assumptions.
• Track actuals vs. budget on a monthly basis, prepare variance analysis reports, and highlight key deviations with commentary for management review.
• Assist in building financial models and scenario analyses to support business decisions around new initiatives, product launches, and cost optimization.
• Prepare monthly MIS reports and financial dashboards covering P&L, cash flow, and key business metrics to support leadership decision-making.

Additional Responsibilities

• Department-wise Cost Analysis: Track and report departmental expenses to support budgeting and decision-making.
• FNF Clearance: Handle full & final settlement calculations, documentation, and closure for exiting employees.
• Reimbursements & Analysis: Review, process, and analyze employee reimbursement claims as per company policy.
• PF & ESIC Portal Handling: Manage statutory compliance including PF and ESIC filings, records, and employee queries.
• ESOP Portal Management: Maintain and update ESOP portal entries, records, and employee-related documentation.
• Expense Analysis & MIS Reporting: Prepare periodic MIS reports, expense summaries, and financial dashboards for management review.

Skills & Qualifications

• Bachelor's degree in Commerce, Finance, or a related field (B.Com / BBA / M.Com preferred).
• 1–2 years of experience in Accounts, FP&A, or a similar finance role.
• Strong knowledge of accounting principles, GST, TDS, PF/ESIC compliance, and MIS reporting.
• Proficiency in Tally ERP — mandatory.
• Hands-on experience with MS Excel (VLOOKUP, pivot tables) and ERP systems.
• Excellent communication, coordination, and organizational skills.
• Ability to multitask, prioritize, and work with a high level of accuracy and confidentiality.

Apply Now!!!

Skills: compliance,mis reports,bussiness finance,pf,accounts,payments,budgeting,fnf,esic,analysis,reconciliation,vendor coordination,finance

Show more

Show less