Accounts & Finance Executive

Early Applicant

Exp: 2-4 Years

Job Description

Responsibilities

Purchase Accounting:

Record and reconcile purchase transactions in the financial system accurately and promptly.
Maintain and update purchase registers, ledgers, and other relevant documentation.
Collaborate with the procurement team to ensure proper recording of purchase orders, invoices, and receipts.
Verify and process vendor payments in accordance with established procedures.

Payments And Reporting

Banking Operations

Manage day-to-day banking activities, including cash management, fund transfers, and reconciliations.
Coordinate with banks for opening and closing accounts, obtaining bank statements, and resolving any banking-related issues.
Monitor and ensure compliance with banking regulations and internal control procedures.
Prepare and submit the necessary documentation for banking transactions.
Payment of funds via NetBanking, Cheque, DD, or HDFC Enet Banking.

Financial Compliance

Ensure adherence to accounting principles, tax regulations, and relevant laws governing purchase and banking activities.
Assist in internal and external audits, providing necessary documentation and explanations.
Stay updated on changes in accounting and banking regulations, communicating relevant updates to the team.
Calculation and Payment of ESI, EPF, or any statutory tax applicable to employees.

Qualifications

Bachelor's degree in Accounting, Finance, or a related field.
Minimum 2 years of experience in accounting and finance roles, preferably in purchase accounting and banking.
Sound knowledge of Indian accounting standards, tax regulations, and banking procedures.
Proficiency in using accounting software Tally, Quickbooks, or Zoho, and MS Excel for data analysis and reporting.
Strong analytical and problem-solving skills with a keen eye for detail.
Excellent communication and interpersonal skills to collaborate effectively with internal stakeholders, vendors, and banks.
Ability to prioritize tasks, manage multiple deadlines, and work independently.