Senior Finance Manager (Chartered Accountant)

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 responsibilities—managing 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:

1. 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.

2. 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.

3. 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.

4. 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.

5. 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.

7. 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.