ToggleNow - Finance Account Specialist (3-5 yrs)

Company: ToggleNow

Location: Hyderabad, India (On-site)

Job Type: Full-time

About ToggleNow:

ToggleNow is a leading unified platform provider dedicated to simplifying security, risk, and compliance for digitally transformed organizations. We empower our clients to confidently manage their security and compliance posture across core ERP systems and beyond through innovative solutions that streamline access governance, automate audit and compliance processes, and enhance application security.

Role Summary:

We are seeking a highly motivated and detail-oriented Finance Account Specialist to join our dynamic finance team in Hyderabad. The ideal candidate will possess a strong foundation in accounting principles, excellent analytical skills, and a proven track record of managing corporate accounts. This role will be crucial in ensuring accurate financial reporting, efficient payroll administration, and insightful financial analysis.

Responsibilities:

Financial Reporting and Management:

- Prepare and maintain accurate Profit & Loss (P&L) accounts, balance sheets, and other financial statements in accordance with accounting standards.

- Manage day-to-day accounting operations, including accounts payable, accounts receivable, and general ledger entries.

- Ensure timely and accurate month-end and year-end closing processes. -

- Reconcile bank statements and other financial records.

- Maintain organized and up-to-date financial records.

Financial Analysis and Reporting:

- Conduct thorough financial analysis to identify trends, variances, and opportunities for improvement.

- Prepare and present financial reports to management, including budget vs. actual analysis, variance analysis, and cash flow projections. -

- Utilize advanced Excel skills and other reporting tools to analyze data and generate meaningful insights.

- Support the development and implementation of financial controls and procedures.

Payroll Administration:

- Manage the end-to-end payroll process, ensuring accurate and timely payments.

- Maintain accurate payroll records and ensure compliance with relevant regulations.

- Address payroll-related inquiries from employees.

- Prepare and file all payroll related tax filings.

Compliance and Audit Support:

- Assist with internal and external audits by providing necessary documentation and information.

- Ensure compliance with all applicable accounting and tax regulations.

- Stay updated on changes in accounting standards and regulations.

Other Duties:

- Assist with budgeting and forecasting activities.

- Participate in special projects as assigned.

- Support the finance team with ad-hoc tasks.

Qualifications and Skills:

Education:

- Bachelor's degree in Finance, Accounting, or a related field (B.Com).

- Preferred: Master's degree , CA or MBA Finance.

Experience:

- Minimum of 3 years of experience in managing corporate accounts.

- Proven experience in preparing and maintaining P&L accounts and financial statements.

- Extensive experience in finance and accounting tasks.

- Demonstrated experience in payroll administration.

Technical Skills:

- Advanced proficiency in Microsoft Excel (including pivot tables, VLOOKUP, and other advanced functions).

- Experience with accounting software (e.g., Tally, SAP, Oracle).

- Familiarity with financial reporting tools.

Soft Skills:

- Strong analytical and problem-solving skills.

- Excellent attention to detail and accuracy.

- Strong organizational and time management skills. -

- Effective communication and interpersonal skills.

- Ability to work independently and as part of a team. -

- Ability to maintain confidentiality. -

Knowledge:

- Strong understanding of accounting principles and financial regulations.

- Familiarity with Indian tax laws.