Job Description
About The Company
Acko is India's first and only all-digital insure tech product company. It was founded in 2016 by Mr. Varun Dua- a serial fintech entrepreneur who set simplicity, affordability and innovation as its cornerstones. Through innovative digital products, customized pricing, and use of data and technology, we are changing how insurance works, and is perceived by users in India.
Although we are solving for the Indian market and are based out of Bangalore, we are part of a global wave of insurtech startups that are creating success through technology and business model disruption.
We are a well-funded series-D company backed by a slate of marquee investors including Binny Bansal, Amazon, Ascent capital, Accel, SAIF and Catamaran.
Through partnerships with large internet players such as Amazon, Ola, RedBus, Oyo, Lendingkart, ZestMoney, GOMMT group etc, our micro-insurance product has reached ~50M unique users.
Responsibilities
About the role:
This role will be part of our Treasury and Banking Operations and will report into the Sr. Lead - Investments and Treasury Operations. The role will be handling the banking operations end-to-end and will be responsible for managing and also setting up controls and processes for every penny that comes in and goes out.
What you will do at Acko:
• Owning payment and receivable infrastructure, from start to end
• Working Capital management
• Support and supervise in bank reconciliations
• Coordinate and maintain relationships with banks, payments gateways, and drive negotiations for new relations, as and when required.
• Understanding the digital world options and latest in Fintech to bring the best experience to Acko from customer experience and control perspective
• Carrying out all documentations related to bank account openings, update in signatories, change in MOP, etc.
• Partnering with business closely on its requirements and help with building the required payment inflow/outflow setup.
• Update/report daily working capital position
• Timely closing the books of accounts related to banking and treasury
Acko is India's first and only all-digital insure tech product company. It was founded in 2016 by Mr. Varun Dua- a serial fintech entrepreneur who set simplicity, affordability and innovation as its cornerstones. Through innovative digital products, customized pricing, and use of data and technology, we are changing how insurance works, and is perceived by users in India.
Although we are solving for the Indian market and are based out of Bangalore, we are part of a global wave of insurtech startups that are creating success through technology and business model disruption.
We are a well-funded series-D company backed by a slate of marquee investors including Binny Bansal, Amazon, Ascent capital, Accel, SAIF and Catamaran.
Through partnerships with large internet players such as Amazon, Ola, RedBus, Oyo, Lendingkart, ZestMoney, GOMMT group etc, our micro-insurance product has reached ~50M unique users.
Responsibilities
About the role:
This role will be part of our Treasury and Banking Operations and will report into the Sr. Lead - Investments and Treasury Operations. The role will be handling the banking operations end-to-end and will be responsible for managing and also setting up controls and processes for every penny that comes in and goes out.
What you will do at Acko:
• Owning payment and receivable infrastructure, from start to end
• Working Capital management
• Support and supervise in bank reconciliations
• Coordinate and maintain relationships with banks, payments gateways, and drive negotiations for new relations, as and when required.
• Understanding the digital world options and latest in Fintech to bring the best experience to Acko from customer experience and control perspective
• Carrying out all documentations related to bank account openings, update in signatories, change in MOP, etc.
• Partnering with business closely on its requirements and help with building the required payment inflow/outflow setup.
• Update/report daily working capital position
• Timely closing the books of accounts related to banking and treasury
💡 Quick Summary
Seeking a career-building opportunity? The Specialist|Assistant Manager | Banking Treasury position is now open for candidates interested in the Bank Jobs sector. This role in Bengaluru offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
