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Finance Associate

Mumbai City, Maharashtra, India · On-site

Mid level$186M raised

About Oakbrook: Oakbrook is a UK-based fintech consumer lender, providing unsecured personal loans to customers across the UK through our proprietary lending platform. We combine data-driven credit decisioning with insti…

Skills: Accounts Payable, Month-end Close, UK VAT Filing, Management Accounting, Double-entry Accounting

Oakbrook logo

Finance Associate

Oakbrook

Mumbai City, Maharashtra, India • On-site

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Mid level

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  • Full-time
  • bachelor degree, professional certificate
  • 24 Days Of Annual Leave, 10 Public Holiday Days, Private Medical Insurance, Life Insurance
  • Posted 14d ago
  • ~40 hrs/week

Responsibilities

The Finance Associate manages end-to-end accounts payable, bank postings, and the monthly close process including accruals and reconciliations. They are also responsible for filing UK VAT returns and driving the automation of finance processes.

Requirements

Requires a part-qualified accountant or finance degree with 2-4 years of experience and strong proficiency in Excel. Candidates must have working knowledge of UK VAT and double-entry accounting principles.

Full job description

About Oakbrook:

Oakbrook is a UK-based fintech consumer lender, providing unsecured personal loans to customers across the UK through our proprietary lending platform. We combine data-driven credit decisioning with institutional funding partnerships to deliver fair, transparent credit at scale. Our India team plays an integral role in the group's finance operations, working day-to-day with UK colleagues across management accounting, financial reporting and structured finance.

The Role: 

The Finance Associate is a hands-on role at the centre of Oakbrook's monthly close and reporting cycle. You will own core finance processing — accounts payable, payment runs, bank postings and expense processing — alongside month-end processes including cost centre accounting, accruals and prepayments, reconciliations and recurring journals, and will deliver a suite of monthly internal and external reports to fixed deadlines. You will also play an active part in the team's automation agenda, taking ownership of automated processes as they go live and identifying further opportunities to reduce manual effort across the finance function.
This role suits someone who is accurate, deadline-driven and process-minded, and who wants exposure to a fast-moving fintech finance environment spanning management accounts, financial reporting and structured funding vehicles.

Key Responsibilities:

Finance processing and accounts payable

  • Own end-to-end accounts payable processing: invoice receipt, coding, approvals, and ledger posting
  • Prepare and execute supplier payment runs, and complete daily/weekly bank posting routines
  • Perform supplier statement reviews and ledger reconciliations, resolving queries and differences
  • Act as back-up for daily BACS files ahead of UK working hours

Month-end close and management accounting

  • Complete cost centre postings, monthly accruals/prepayments, and recurring journals
  • Reconcile intercompany balances between UK and India entities (GBP/INR)

Tax and compliance (UK)

  • Prepare and file quarterly UK VAT returns (Making Tax Digital), including nil returns

Reporting

  • Prepare recurring monthly reports (e.g. FLA, third-party servicer reporting, cost-to-serve) to fixed deadlines, reconciled back to the ledger

Automation and process improvement

  • Take ownership of automated finance processes as they go live, and help identify further automation opportunities

Skills and Experience:

Essential

  • Part-qualified accountant (CA Inter / ACCA / CIMA or equivalent) or a finance/accounting degree with 2–4 years' relevant experience
  • Solid grounding in double-entry accounting, accruals/prepayments and reconciliations
  • Strong Excel skills (lookups, SUMIFS, pivot tables; comfortable working in large multi-tab workbooks)
  • High attention to detail and a track record of meeting fixed monthly deadlines
  • Working knowledge of UK VAT: return preparation and filing under Making Tax Digital, filing deadlines, and awareness of VAT groups and reverse charge on cross-border services
  • Clear written English for internal and external communication

Desirable

  • Experience in financial services, lending or fintech, including exposure to partial exemption for VAT (given lending is a largely exempt supply)
  • Exposure to ERP/accounting systems (e.g. Microsoft Business Central, Xero) and expense platforms
  • Interest or experience in process automation (Power Automate, scripting, or AI-assisted tooling)
  • Experience working with UK-based or international teams across time zones

What We Can Offer You:

  • Be part of the UK's Leading Digital Venture Builder.
  • Opportunity to learn from and collaborate with diverse talent across BC.
  • Exposure to GenAI-enabled ventures and cutting-edge technologies.
  • 24 days of annual leave & 10 public holiday days.
  • Private Medical for you and your immediate family & Life Insurance for yourself.

Related keywords

FintechCA InterACCACIMAUK VATMaking Tax DigitalMicrosoft Business CentralXeroPower AutomateStructured FinanceManagement AccountsFinancial ReportingBACSCost Centre AccountingReverse Charge

About Oakbrook

LinkedInVisit site

Oakbrook is a digitally enabled consumer finance and technology business.

Industry
Financial Services
Company size
51-200 employees
Founded
2011
Headquarters
Nottingham
LinkedIn followers
7,462
Total funding
$186M

Oakbrook is a digitally enabled consumer finance and technology business, removing the barriers between consumers that want to borrow and investors that want to lend. Formed in 2011, Oakbrook has brought together people with deep expertise in consumer lending, advanced analytics, and forward-thinking technologists, with a shared belief that there is a better way to do consumer lending – by being more personalised and customer focused. Oakbrook comprises of 2 FCA regulated consumer lending businesses and O6K, a business-to-business technology and analytics company.

Offices: The Poynt North, 45 Wollaton Street, Nottingham, NG1 5FW, GB

Financial Services Innovation and LendingFinanceLendingFinancial Services
View all jobs at Oakbrook

About Oakbrook

LinkedInVisit site

Oakbrook is a digitally enabled consumer finance and technology business.

Industry
Financial Services
Company size
51-200 employees
Founded
2011
Headquarters
Nottingham
LinkedIn followers
7,462
Total funding
$186M

Oakbrook is a digitally enabled consumer finance and technology business, removing the barriers between consumers that want to borrow and investors that want to lend. Formed in 2011, Oakbrook has brought together people with deep expertise in consumer lending, advanced analytics, and forward-thinking technologists, with a shared belief that there is a better way to do consumer lending – by being more personalised and customer focused. Oakbrook comprises of 2 FCA regulated consumer lending businesses and O6K, a business-to-business technology and analytics company.

Offices: The Poynt North, 45 Wollaton Street, Nottingham, NG1 5FW, GB

Financial Services Innovation and LendingFinanceLendingFinancial Services
View all jobs at Oakbrook

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