Senior Executive - Finance & Accounts (MIS)

Job Description

Responsible for ensuring the accuracy of financial records by reviewing and reconciling various accounts, identifying discrepancies between internal systems and external statements, investigating the root cause of differences, and resolving issues to maintain the integrity of financial data, often working closely with other departments to gather information and implement solutions.

Key responsibilities:

Performing reconciliations:

Regularly reviewing and reconciling bank statements, credit card statements, customer accounts receivable, vendor accounts payable, and other relevant financial records to identify discrepancies.

Investigating discrepancies:

Researching the cause of discrepancies by analyzing transaction details, contacting relevant departments, and reviewing supporting documentation to resolve issues promptly.

Data analysis:

Utilizing data analysis tools to identify trends and patterns in discrepancies, and to proactively address potential issues.

Reporting and communication:

Preparing detailed reports on reconciliation findings, including any unresolved issues, and communicating effectively with stakeholders across different departments.

Process improvement:

Identifying opportunities to streamline reconciliation processes, including automation and system enhancements, to improve efficiency and accuracy.

Compliance adherence:

Ensuring compliance with relevant accounting standards and internal control procedures.

Required skills:

Strong analytical skills: Ability to analyze complex financial data, identify discrepancies, and draw accurate conclusions.

Attention to detail:

High level of accuracy and meticulousness when reviewing financial records.

Problem-solving skills:

Ability to effectively investigate and resolve discrepancies, including root cause analysis.

Communication skills:

Clear and concise communication with various departments to gather information and explain findings.

Technical proficiency:

Expertise in accounting software, spreadsheets (Excel), and data analysis tools.