Junior finance associate

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Us in a glimpse: Founded in 2016 by a BCG consultant frustrated with his engagement ring buying experience, Rare Carat has grown to be one of the largest diamond jewelry online retailers in the United States. It was called the “Secret to Buying A Diamond” by the New York Times. Rarecarat.com powers over $100m in annual sales by creating transparency in a historically opaque industry using AI indicators and human expert advice. Operating on an innovative "managed marketplace" business model, the company combines the selection advantages of a marketplace with the quality assurance of a traditional retailer. We have grown to over 180+ employees, but remain a very flat and close-knit team committed to learning from each other, and having the best idea win. Rare Carat is run by Wharton and Harvard Business School grads. Advisors include True Car’s founder, Blue Nile’s ex-CEO, Wharton’s Innovation Dean, and Richard Branson’s Venture Capital head. We have been featured in the New York Times, Tech Crunch, NPR, USA Today, CNBC, among others. Wondering why work with us? Here’s why: 1. We are a fully remote start-up, growing quickly from under 5 people to close to 100 in just six years 2. Our culture is unique: we have a global, remote team of young people taking on more responsibility than most companies would give. We have a bias for action, and a meritocracy where the best ideas win 3. We help customers with the most important purchase of their life so far, their engagement ring. Marrying humans and technology to help our customers make the right decision is thrilling and rewarding 4. If you are the right fit for our rocketship - we would make you an offer, you can’t refuse :) Responsibilities 1. Accounting & Finance ● Assist with bookkeeping and maintaining financial records. ● Work with trial balances, ledgers, and reconciliations. ● Support accounts payable (AP) processes and vendor management. ● Assist in processing payments and monitoring transactions. ● Conduct basic financial reconciliations and resolve discrepancies. ● Maintain accurate and up-to-date financial documentation. 2. Operations & Compliance ● Assist in invoice verification and processing vendor payouts. ● Support internal audits and provide data for financial reports. ● Ensure compliance with company financial policies and procedures. ● Assist in financial reporting and documentation for tax purposes. ● Track and update financial records regularly to ensure accuracy. 3. Administrative & Coordination ● Work closely with the senior finance team to support daily operations. ● Assist in preparing reports, spreadsheets, and financial summaries. ● Help coordinate with vendors, banks, and other stakeholders. ● Support process improvements in financial workflows. Qualifications Required ● Qualifications: ○ BCom/MCom or relevant finance/accounting degree. ○ 3-4 years of experience in accounting, finance, or related fields. ● Technical Skills: ○ Basic understanding of trial balances, ledgers, and reconciliations. ○ Experience with vendor management and payment processing. ○ Proficiency in Net Suite, Microsoft Excel and Google Workspace tools. ● Soft Skills: ○ Strong English communication and analytical skills. ○ Detail-oriented with excellent problem-solving abilities. ○ Ability to manage time effectively and meet deadlines. Working Hours 7 pm - 3 am IST (US EST Timing) If you're looking to grow your finance career in a dynamic startup environment and gain hands-on experience, we’d love to hear from you!

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1. HOW DO YOU PLAN YOUR DAY?

This is what this question poses: When do you focus and start working seriously? What are the hours you work optimally? Are you a night owl? A morning bird? Remote teams can be made up of people working on different shifts and around the world, so you won't necessarily be stuck in the 9-5 schedule if it's not for you...

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Or you may receive even more specific questions, such as: What's on your calendar? Do you plan blocks of time to do certain types of work? Do you have an open calendar that everyone can see?...

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Just like your schedule, how you track files and other information is very important. After all, everything is digital!...

8. HOW TO PRIORITIZE WORK?

The day I watched Marie Forleo's film separating the important from the urgent, my life changed. Not all remote jobs start fast, but most of them are...

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Just as communication is essential when working remotely, so is organization. Because you won't have those opportunities in the elevator or a casual conversation in the lunchroom, you should take advantage of the little time you have in a video or phone conference...

10. HOW DO YOU USE TECHNOLOGY ON A DAILY BASIS, IN YOUR WORK AND FOR YOUR PLEASURE?

This is a great question because it shows your comfort level with technology, which is very important for a remote worker because you will be working with technology over time...