Finance Executive

Finance Executive - Accounts and Compliance

Department: Finance / Accounting

Primary Functions and Essential Responsibilities:

1. Maintain accurate and up-to-date records of all amounts received from
clients
2. Monitor and keep track of AR & AP functionality.
3. Generate invoices for services provided to clients, including accurate tax
calculations and due dates.
4. Prepare and submit GST returns, ensuring all required information is
accurately reported
5. Prepare and submit TCS returns (Tax Collected at Source) as per
applicable laws and regulations.
6. Maintain detailed ledgers and journals, including proper classification and
allocation of transactions.
7. Conduct regular reconciliations between financial records and bank
statements to ensure accuracy and identify any discrepancies.
8. Implement and maintain internal controls to prevent fraud and ensure proper
authorization of financial transactions.
9. Collaborate with other departments to gather necessary documentation for
accurate invoicing and compliance purposes.
10.Analyze accounting data & record to identify trends, potential issues, and
opportunities for improvement.
11. Provide regular reports on accounts performance, including aging reports,
function dashboard and cash flow projections.
12.Stay updated on changes in tax laws and regulations, particularly those
affecting GST and TCS
13.Assist in the preparation of financial statements and reports for
management review
14.Implement and maintain efficient processes for managing large volumes of
invoices and client communications
15.Provide guidance and support to other team members on accounts receivable
procedures and policies

Qualifications:
1. Bachelor's degree in finance, accounting, or a related field required
2. Minimum 2 years of experience in financial management, preferably with
focus on accounts receivable and tax compliance.
Skills and Abilities:
3. Strong attention to detail and accuracy in financial record-keeping
4. Strong knowledge of accounting principles, tax laws (particularly GST and
TCS), and financial regulations.
5. Proficiency in tally plus other accounting software will be an advantage.
6. Excellent analytical and problem-solving skills
7.Ability to work under pressure and meet tight deadlines
8.Effective communication and interpersonal skills