Finance Associate
Instawork
About the Role
The Finance Associate keeps the books clean and accurate for a high-volume, fast-scaling operation. You will own the day-to-day bookkeeping and reconciliation across our two largest payment streams — payments to partner businesses and payments to Data Collectors / Field Officers — plus vendor and operational expenses. This is a numbers-heavy, detail-critical role.
Key Responsibilities
- Bookkeeping & Data Entry: Record daily transactions accurately in the accounting system and Google Sheets; maintain clean, up-to-date ledgers.
- Data Collector / Field Officer Payouts: Compute and process payouts based on verified hours/tasks; reconcile claimed vs. approved amounts; investigate and resolve discrepancies before payment.
- Business Payments: Process payments and incentives to partner businesses; track them against agreed terms.
- Reconciliation: Run daily/weekly reconciliation across bank statements, payment records, and trackers; chase and close every mismatch; leave no unexplained gap.
- Large-Dataset Handling: Work with big transaction datasets spanning multiple cities; use Excel / Google Sheets (SUMIFS, VLOOKUP/XLOOKUP, pivot tables) to clean, match, and summarize at volume.
- Reporting & MIS: Prepare payout summaries, expense reports, and simple dashboards for the Finance lead.
- Documentation & Compliance: Maintain invoices, proofs, and audit-ready records; support audits; apply basic GST/TDS handling as required.
- Coordination: Work with Ops, Inventory, and city teams to validate hours/attendance before payouts go out.
Requirements & Tech Stack
Mandatory:
- 0–3 years in bookkeeping, accounts, or finance operations
- Comfort working with large datasets; strong Excel / Google Sheets (lookups, SUMIFS, pivot tables)
- High accuracy and attention to detail; comfortable with high transaction volumes
- Basic accounting knowledge (ledgers, reconciliation); B.Com / M.Com or equivalent
- Integrity and discipline when handling money and records
Preferred:
- Exposure to Tally / Zoho Books / QuickBooks or similar
- Experience with payroll, vendor payments, or marketplace/gig payouts
- Basic working knowledge of GST and TDS
Personal Qualities
- Detail-obsessed
- Organized
- Honest
- Calm under high volume
- Dependable and deadline-driven

