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Ayati Devices Private Limited

Finance Manager

Posted One Month Ago
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In-Office
Bengaluru, Bengaluru Urban, Karnataka, IND
Junior
In-Office
Bengaluru, Bengaluru Urban, Karnataka, IND
Junior
Own the day-to-day finance and accounting function, including monthly close, general ledger management, statutory compliance, MIS reporting, payables, reimbursements, cash flow, banking, audits, and internal controls. The role will build finance processes, maintain accurate records, prepare leadership and investor reports, manage vendors and payments, and identify financial or compliance gaps in a fast-paced MedTech startup.
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The Finance Manager will own the day-to-day finance and accounting function at Ayati Devices. This is a hands-on role suited for a detail-oriented professional who thrives in a startup environment, can manage multiple compliance and reporting responsibilities independently, and can build robust finance processes from the ground up.


Key Responsibilities

Accounting & Financial Closure

  •   Review and close accounting data every month with accuracy and within defined timelines
  •     Maintain the general ledger, ensure correct classification of transactions, and reconcile all key accounts
  • Oversee accounts payable and receivable
​

Statutory Compliance

•    Handle end-to-end GST compliance — monthly/quarterly filings (GSTR-1, GSTR-3B, annual return) and timely payments

•    Manage TDS deductions, payments and quarterly returns

•    Ensure timely payment and filing for Professional Tax (PT) and PF/ESI contributions

MIS & Reporting

•    Prepare monthly MIS reports covering P&L, balance sheet highlights, cash flow, and key financial metrics

•    Track budget vs. actuals and provide variance commentary to leadership for informed decision-making

•    Prepare financial data packs to support investor updates and board reporting

•    Maintain dashboards and schedules for key financial indicators relevant to the business

 

Payables, Reimbursements & Vendor Management

•    Review and process employee reimbursement claims in line with company policy, flagging exceptions

•    Verify vendor invoices for accuracy, GST compliance, and contractual alignment before payment approval

•    Manage the vendor payment calendar; ensure timely disbursements and maintain healthy supplier relationships

•    Maintain proper documentation and approval trails for all payment transactions

 

Cash Flow & Banking

•    Monitor daily cash positions and prepare short-term cash flow forecasts to flag liquidity gaps early

•    Manage banking operations including fund transfers, bank reconciliations, and liaison with banking partners

•    Coordinate with the leadership on deployment of funds in line with the approved financial plan

 

Audit & Internal Controls

•    Lead statutory audit preparation — prepare audit schedules, coordinate with auditors, and ensure timely closure

•    Support internal audits and implement recommendations to strengthen financial controls

•    Document standard operating procedures (SOPs) for core finance processes and ensure adherence

•    Identify and escalate any control gaps, policy violations, or financial irregularities

 

Qualifications & Experience

•    Chartered Accountant (CA) or CA Inter qualified

•    Minimum 2 years of post-articleship experience in a finance/accounts role

•    Prior experience in a startup, manufacturing, or MedTech company is an advantage

•    Strong working knowledge of GST, TDS, PT, PF, and other statutory compliances

•    Proficiency in accounting software (Tally, Zoho Books, or equivalent) and MS Excel

•    Hands-on experience preparing MIS and financial reports for leadership review

 

Key Competencies

•    High attention to detail and a strong sense of ownership over outcomes

•    Ability to work independently and manage multiple deadlines simultaneously

•    Strong analytical and problem-solving mindset

•    Clear communication skills — ability to explain financial information to non-finance stakeholders

•    Comfort operating in a fast-paced, evolving startup environment with limited hand-holding

 

What We Offer

•    Opportunity to build and shape the finance function at a funded, high-growth MedTech startup

•    Direct exposure to leadership and strategic business decisions

•    Collaborative and mission-driven work culture

•    Competitive compensation aligned with experience and qualifications

 





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