Finance Associate

Role & responsibilities

• Accounting and Reporting support and Reviews.
• Support and perform preliminary review for the month-end and year-end closing processes, ensuring compliance with accounting standards.
• Prepare and update accurate financial records in Zoho books, including journal entries and reconciliations as well as maintenance of prepaid and provision workings for Private limited companies.
• Assist in the preparation of financial statements and management reports for Private limited companies.
• Ensure compliance with internal controls, policies, and procedures.
• Assist in managing accounts receivable and payable processes and Fixed Asset register for Private limited companies.
• Reconcile bank statements and ensure timely resolution of discrepancies.
• Setting up new and monitoring existing financial controls, ensuring that the reports generated are in line with business activity and performing analytical review procedure.
• Compliance and Audit:
• Assist in the preparation of audit schedules and documentation for external auditors for Private limited companies.
• Ensure compliance with regulatory requirements and industry standards.
• Support internal audit processes, suggest and implement recommendations for improvement.
• Keeping abreast with recent statutory changes primarily surrounding taxation and corporate laws. Actively research about applicable legal provisions and compliance requirement to suggest best practices.
• Treasury and Payments Management:
• Execute timely payments to vendors and service providers
• Ensure accuracy and compliance with company policies and financial regulations
• Liaise with vendors, consultants, bankers and regulatory bodies
• Cross-Functional Collaboration:
• Work closely with other departments to gather financial information and support business initiatives.
• Provide financial insights and recommendations to support operational and strategic goals.
• Assist in special projects and ad-hoc financial analysis as required.
• Continuous Improvement:
• Identify opportunities for process improvements and contribute to the implementation of best practices.
• Stay updated on industry trends, accounting standards, and regulatory changes.

Preferred candidate profile

• Working knowledge of Zoho and MS Office suite.
• Structured thinking and organised work approach
• Excellent analytical and problem-solving skills.
• Effective communication and interpersonal skills
• Ability to work under pressure and meet deadlines
• Attention to detail and accuracy in financial management and reporting
• Self-reflective and growth oriented