Finance Executive

2 weeks ago


Mumbai, Maharashtra, India Avtel Full time

Location:
Shared Services, Mumbai, India

Salary:
As per market standards

Job Role:


In this role, you are responsible for performing day to day financial transactions, including verifying, classifying, and recording accounts payable data, preparing bills, invoices and bank deposits in compliance with financial policies and procedures.


Responsibilities:

Accounts Payable

  • Review and verify invoices and check requests. Set invoices up for payment.
  • Track expenses and process expense reports.
  • Prepare and process electronic transfers and perform check runs.
  • Post transactions to journals, ledgers and other records.
  • Reconcile accounts payable transactions.
  • Prepare analysis of accounts and monitor to ensure payments are up to date.
  • Research and resolve invoice discrepancies and issues.
  • Maintain vendor files. Correspond with vendors and respond to inquiries.
  • Prepare monthly reports and assist with month end closing.
  • Generate and send out invoices. Follow up on, collect and allocate payments.
  • Carry out billing, collection and reporting activities according to specific deadlines.
  • Perform account reconciliations.
  • Monitor customer account details for nonpayments, delayed payments and other irregularities.
  • Research and resolve payment discrepancies.
  • Generate age analysis and review AR aging to ensure compliance.
  • Maintain accounts receivable customer files and records.
  • Follow established procedures for processing receipts, cash etc.
  • Process credit card payments. Prepare bank deposits.
  • Investigate and resolve customer queries.
  • Process adjustments.
  • Assist with monthend closing.

Bank

  • Timely posting of bank receipts and payments transactions in the system.
  • Update bank reconciliation.

Audit and Tax

  • Assist in finalisation of accounts with auditors.
  • Resolving queries with the auditors.
  • Preparation of financial statement as required by auditors.
  • Preparation of required information for filing of periodical VAT/GST/TAX forms and returns.

MIS

  • Monthly MIS reporting.
  • Accrual of expenses at month ends.

Skills & Experience:

years of accounting experience.

  • Excellent Communication Skills (English
  • Verbal and Written)
  • Strong Excel skills and attention to detail.
  • Driven and has desire to grow with us and take on additional responsibilities.


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