Staff Accountant, Operations

Location: Hyderabad (Hybrid)
Department: Finance

GENERAL FUNCTION

The Staff Accountant position is a member of the Operations Accounting team reporting to the Accounting Manager – Operations.  As an Accountant, you will play a crucial role in ensuring the accuracy and integrity of our financial records. Your responsibilities will include daily reconciliation and settlement of third party fee products (i.e. MoneyGram, Mastercard), creating journal entries, and performing balance sheet reconciliations.  

JOB DESCRIPTION:

• Ensure that transactions reported by store operations are reconciled to amounts provided by third party
• Investigate variances and resolve in a systematic manner, prioritized by risk evaluation

• Report all significant variances to the supervisor and appropriate levels in Store Operations

• Ensure that Store Operations is working within set policies and procedures and report deviations to the appropriate level

• Complete daily reconciliation of assigned third party fee products
• Reconcile weekly settlements and communicate to Treasury department
• Prepare monthly balance sheet reconciliations for assigned accounts ensuring balances are well supported

• Follow-up on reconciliation discrepancies and resolve within policy guidelines
• Prepare and post journal entries related to revenue, accruals, and other financial transactions. Ensure proper documentation and adherence to accounting principles.
• Ensure the integrity of accounting information through timely journal entry preparation, variance analyses and resolution of account variances
• Maintain a positive working relationship when addressing problems and providing solutions             
• Respond to questions from other internal departments as well as liaising with select external parties
• Assist with assessing and monitoring internal controls, including risk assessments and reviews of risk areas
• Identify inefficiencies and recommend improvements towards a quicker month-end close while maintaining accounting integrity
• Responsible for analytics or projects in support of executives and operations management as assigned

• Establish monitoring and enforcing company’s policy, procedures and internal controls
• Contribute to preparing audit support

EDUCATION

• Post secondary education in Accounting
• Accounting degree preferred

EXPERIENCE

• 2+ years general accounting experience
• Bank account and balance sheet account reconciliation
• Journal entry preparation

SKILLS

• Ability to apply critical thinking, analyze information and establish resolution plan
• Self-motivated; able to work independently to complete tasks and respond to department requests and to collaborate with others to utilize their resources and knowledge to identify quality solutions
• Strong organization; ability to prioritize tasks to meet requirements and deadlines
• Must be able to perform with a high level of accuracy under tight time constraints, execute assignments

• Ability to handle large datasets, complex GL strings and multiple entities/currencies

• Strong Microsoft Excel skills (pivot table, vlookups and filtering experience)
• Excellent oral and written communications skills
• Comfortable with change and fast-paced environment
• Familiarity with Oracle ERP system a plus

EMPLOYER’S RIGHTS

• This job description does not list all the duties of the job. You may be asked by supervisors or managers to perform other duties. You will be evaluated in part based upon your performance of the tasks listed in this job description.
• The employer has the right to revise this job description at any time. This job description is not a contract for employment, and either you or the employer may terminate employment at any time, for any reason. This document contains Momentum Group’s confidential and proprietary information and is intended for Momentum internal use only.

At Momentum/Money Mart, our vision is to transform customers’ lives for the better. With over 40 years of experience in financial services and 400+ retail locations across Canada and the U.S., we are committed to providing tailored financial solutions to underserved customers often overlooked by traditional financial institutions.

Now, we’re bringing this purpose-driven approach to India, and we want you to be part of our journey.

OUR CORE VALUES: WHAT DRIVES US

Where Everybody is Somebody: We prioritize inclusivity and respect, ensuring that every team member’s voice matters. We foster a collaborative environment where everyone can thrive. 

We Say “Yes” When Others Say “No”: Our team is friendly and compassionate, dedicated to delivering an uplifting customer experience. We go the extra mile to provide solutions that truly make a difference, no matter where our customers are on their financial journey. 

We Have a Passion for Our Purpose: We act with integrity and continually seek ways to grow and innovate. With the largest breadth of products in our industry and new offerings in development, we challenge the status quo to better serve our customers. 

We Win as a Team: We believe in the power of teamwork and diversity, celebrating the unique talents of every team member. Hard work is recognized and valued, creating an environment where everyone contributes to our collective success. 

WHY JOIN MFSG TECHNOLOGIES INDIA?

Employee Benefits

We’re committed to supporting your health, well-being, and financial growth:

1. Competitive Employee Benefits

Comprehensive Medical Coverage

• Includes employee, spouse, two children, and two parents.
• Coverage Amount: ₹6 lakhs annually.
• ₹5 lakhs top-up is available if you would like to opt, with thousand rupees per month deduction.

Provident Fund Contribution

• Employer contribution of ₹3000 per month to support long-term financial security.

Performance-Based Incentives

• Annual bonus of up to 5% of base salary, based on performance and company success.

Reward & Recognition

⭐ Bucketlist Rewards Platform

• Recognizing outstanding contributions through a point-based rewards system.
• Redeem points for gift cards, experiences, and personalized perks that matter most to you.

⭐ Culture of Appreciation

• Celebrating milestones, achievements, and impact across teams.

Work-Life Balance & Flexibility

Flexible Work Model

• Currently remote, with a future transition to a hybrid model.

Paid Leave Entitlements

• 15 Annual Leaves
• 6 Casual Leaves
• 12 Sick Leaves

If you're looking for a place where passion fuels purpose and where you can make a difference, we invite you to join us at MFSG Technologies (India) Private Limited. Together, let’s win and empower our customers. 

1. Learning & Career Growth

📚 Continuous Learning Culture

• Access to upskilling programs, mentorship, and professional development resources.
• Encouragement to learn, adapt, and innovate in a fast-growing financial services landscape.

🚀 Career Growth Opportunities

• Internal mobility programs to help employees advance in their careers.
• Support for leadership development, industry certifications, and specialized training.

🤝 Collaborative Knowledge Sharing

• Work with global teams, gaining exposure to international best practices.
• Encouragement to share ideas, experiment, and take ownership of impactful projects.

About MFSG – Our Commitment to Responsible Innovation

At MFSG, we are committed to building innovative solutions grounded in ethical, transparent, and responsible use of data and technology. Aligned with the principles outlined in Canada’s Artificial Intelligence and Data Act (AIDA), we take a proactive approach to ensuring that any AI or data-driven systems we use are safe, fair, and accountable.

This posting is for a current position within our organization, offering the opportunity to contribute to meaningful, responsible innovation that supports our employees, clients, and communities.

We prioritize strong data governance, clear communication around how systems work, and safeguards that reduce risks and protect individuals. Our focus is on developing tools and processes that promote equity, reliability, and trust, supported by ongoing monitoring and continuous improvement.

Joining MFSG means contributing to a future-focused organization that values both innovation and integrity, where your work helps shape solutions that responsibly support our employees, clients, and communities.