Finance and Accounts executive (Media Background Only) at TEDxGateway Job Summary:
We are seeking a detail-oriented and experienced Finance and Accounts Executive with a strong background in the media industry. The ideal candidate will manage financial operations, ensure compliance with regulations, and provide accurate financial insights to support the organization s growth.
Key Responsibilities: 1. Financial Management:
Handle day-to-day financial operations, including accounts payable, receivable, and payroll processing.
Maintain accurate financial records and ensure timely reconciliation of accounts.
Prepare budgets and forecasts tailored to the media industry.
2. Accounting Operations:
Manage the preparation of financial statements and reports (P&L, Balance Sheet, and Cash Flow).
Process vendor invoices, ensure timely payments, and maintain vendor relationships.
Reconcile media billing, ad spends, and production-related expenses.
3. Compliance and Reporting:
Ensure compliance with tax regulations, including GST, TDS, and other statutory requirements.
Assist in internal and external audits, providing necessary documentation and reports.
Submit financial reports to stakeholders and regulatory authorities as needed.
4. Budgeting and Cost Control:
Monitor project budgets, media campaigns, and production expenses.
Analyze cost efficiencies across campaigns and recommend optimizations.
Collaborate with project managers to align budgets with client billing.
5. Financial Analysis:
Analyze financial data specific to the media industry, including ad spend ROI and campaign profitability.
Support decision-making through financial modeling and performance metrics tracking.
Evaluate profitability for individual projects and recommend strategies to enhance margins.
Qualifications and Skills:
Bachelor s degree in Finance, Accounting, or related field (CA/CPA/CMA qualification preferred).
Proven experience in the media industry, with a strong understanding of its financial intricacies.
Proficiency in accounting software (e.g., Tally, QuickBooks) and advanced Excel skills.
Knowledge of media-specific financial processes like campaign billing, production costing, and vendor reconciliations.
Strong analytical, organizational, and problem-solving skills.
Excellent communication skills and the ability to collaborate across teams.
Familiarity with taxation, GST, and regulatory compliance in the media sector.