FamPay Inc is hiring a

Financial Accounting Intern

Bengaluru, India
Full-Time
About FamPay
FamPay is India’s first neobank for teenagers. With FamPay, teens can save, earn and pay using UPI, P2P and card payments without the need to set up a bank account. They get a personalised UPI ID, numberless debit card and a payment link as well.
FamPay aims at making banking smooth and fun for children. Users send money with FamPay just like they send pictures on Instagram.

Founded by IIT Roorkee alumni and backed by some of the most respected investors around the world, we are on a mission to drive 250 Million+ Indian teenagers on a smooth and fun-filled journey from cash to digital. We are raising a new, financially aware generation who understands the fundamentals of personal finance and is capable of making decisions in their best long term interest.

About this Role

Do you have a flair for all things quants? Do financial statements and budget forecasts excite you? Help us end our search and join us as we get together, assuring us of being compliant with all the taxes!

On the Job

  • Good knowledge and understanding of accounting principles.
  • Verify, post and reconcile accounts payable and receivables and ensure that payments are done on time.
  • Ensuring that compliance w.r.t Income tax, GST, and labour laws have been done on a timely basis.
  • Supporting month-end and year-end closures along with assisting in internal and external audit.
  • Perform all book-keeping activities including accruals, provisions and prepaid entries.
  • Ensuring all the business transactions are correctly recorded

Requirements

  • Relevant experience in the field
  • Familiar with accounting software packages such as Tally & Quickbooks
  • Advanced MS Office skills(functions like vlookup, index-match, pivots, sumifs, sumproduct etc., MS word, powerpoint)
  • Awareness of latest business trends in the FinTech sector
  • Knowledge about creating financial statements, book keeping functions, general ledger functions and the monthly, quarterly and annual closing process
  • Ability to anticipate legal issues or risks and to see around the corner.
  • Ability to reinforce data confidentiality and conduct database backups
  • Startup Experience preferred

Why should you join us?
Every once a while, a product comes to life that makes people think, why this was not done earlier? The users love it, the investors dream about the great returns and the team feels the joy and pride every day. We have strong indicators for users and investors and we are building the team, that will have stories to tell all their life.

We believe that a great product is built by a high-quality team that find purpose and joy in their work and we put heavy emphasis on having fun at work.

Perks
1. Competitive Stipend
2. Certificate and Letter of recommendation
3. Chance to work full-time at FamPay
4. Merchandise: T-Shirts and Goodies

Highlights

India’s first numberless card
Are numbers really required on the card when transacting offline? 🤔
With FamCard’s sleek, black, and numberless design, it not only matches the GenZ's aesthetic style and resonates with their vibe, but also takes security to a whole new level.

FamCard has a special feature called “Flash PIN”, which is dynamic and is generated for every transaction. Teens can just flash this PIN to the cashier without the need of entering the PIN by themselves, allowing for true contactless payments amidst COVID-19.
For issuing cards, we have partnered with IDFC Bank. While users get a virtual card instantly on signing up, the physical cards can be ordered through the app.

Everything UPI without a bank account
100M+ adults are paying through UPI, but 250M+ teens are not because they don’t have a bank account.
They’ve smartphones, they’re using the internet, they’re tech-savvy, but still, they don’t have access to it because most of them don’t have bank accounts. Well, it changes now!
With FamPay, for the first time in India, teens can now get their own personalised UPI ID, without having a bank account!
Can you believe this? Such a tech-savvy audience was not on UPI.

Customer Love
The app has 500k+ downloads and a lot of users who love FamPay with 4.6+ on PlayStore (25k+ reviews).

Come join us on this exciting rocketship journey of innovation and creating impact.