Finance Executive

Job profile:

1. Manage Payables - Ensure efficient processing of payments and on-time execution with a target of maintaining zero outstanding balance.
2. Verification of all expense invoices with relevant contracts & agreements. Ensuring tax invoices are collected from all vendors. Withholding taxes (TDS) on invoices at appropriate rates.
3. Journal Entries - Prepare and record accurate journal entries in relation to purchases, expenses incurred & payments made under Oracle (ERP system) with high accuracy & details.
4. Purchase invoice validation Record invoices in the system & validating it with contracted rate, stock received & purchase order.
5. Prepare bank reconciliation statement, verify all payments with bank statement. Ensure all vendors are timely created in system.
6. Manage receivables - Ensure timely collection of payments from customers with zero outstanding.
7. Monitor cash advances granted to sales employees.
8. Month-end books closure - Participate in the month-end close process, reconciling accounts, resolving discrepancies, support in timely and accurate financial reporting.
9. Audit closure Support in timely audit closure with no observations. Maintaining comprehensive & organised documentation for review.
10. Documentation: Ensuring proper recording & document maintenance of invoices, tax invoice, proof of payments, relevant contracts and purchase orders.
11. Transaction Analysis: Analyse financial transactions and promptly raise flags in case of discrepancy or concern.