Finance Accounts Executive

Role & responsibilities

Day-to-Day Activities

1. Ensure day-to-day entries are booked.
2. Perform daily bank reconciliation.
3. Convey accurate bank balances, overdue receivables, and payables on a daily basis.
4. Respond to emails and provide necessary details to internal and external stakeholders.
5. Follow up with bankers regarding the migration process of WC (Working Capital) limits and TL (Term Loan) takeover.
6. Verify and authorize purchase orders submitted for payments.
7. Liaise with bankers and the GST office as needed.
8. Handle any other work assigned by management from time to time.
9. Ensure timely payments to vendors/service providers.
10. Supervise and monitor the work allotted to assistants daily.
11. Prepare cheques for payments.

Other Responsibilities

1. Prepare and present accurate financial statements periodically.
2. Sign off on the final trial balance every month before the 5th of the succeeding month.
3. Complete ledger scrutiny before the month ends.
4. Ensure payroll is reviewed and counterchecked monthly.
5. Perform periodic reconciliation and follow-up of receivables and payables.
6. Provide stock data to the bank monthly.
7. Prepare timely cash flow projections.
8. Ensure timely payments of TDS/TCS/PF/ESI and GST.
9. Manage monthly GST filings and GST audits, including coordinating with the GST Consultant.
10. Ensure completion of statutory audits within the prescribed timeframe.
11. Manage TDS quarterly filings and coordinate with consultants for preparation.
12. Attend IT/GST hearings as required.
13. Reconcile 26AS periodically.
14. Conduct periodic physical verification of inventory and fixed assets.
15. Maintain proper documentation and records.
16. Periodically report the performance of investments to management.
17. Ensure the schedule of authority is maintained (e.g., authorizing/signing protocols).
18. Support consultants by providing data for monthly MIS preparation.
19. Update the payments collected in the receivables tracker weekly and discuss the same with the team.

Preferred candidate profile

Perks and benefits