Account Specialist
1 month ago
Job Summary:
We are seeking a meticulous and organized Accounts Officer to manage daily payment processes, foreign remittances, weekly budget balancing, and department coordination. The ideal candidate will ensure timely and accurate payments, maintain a strong system in Tally, and provide support across all departments to streamline financial operations.
Key Responsibilities:
Daily Payment Processing:
- Ensure timely and accurate daily payments.
- Verify documents before processing payments to ensure compliance with company policies.
- Follow up with vendors and stakeholders for any pending invoices or discrepancies.
- Ensure that all payments and financial processes comply with internal controls, accounting standards, and relevant legal regulations.
Foreign Remittance:
- Handle and process foreign remittances in compliance with regulations.
- Ensure proper documentation and timely completion of all related transactions.
Weekly Budgeting and Balance Tracking:
- Prepare weekly budgets in coordination with relevant departments.
- Monitor weekly balances and report on budget adherence, flagging any discrepancies.
- Prepare and present regular reports on payments, budgets, and financial health to management.
Tally System Management:
- Follow the established system within Tally for accounting and payment processes.
- Ensure all data is accurately recorded and reconciled in the Tally system.
- Identify and suggest improvements in the payment process to enhance accuracy and efficiency.
Department Coordination:
- Coordinate with all departments to ensure smooth and efficient financial operations.
- Liaise with team members to resolve payment issues and maintain clear communication.
- Build and maintain strong relationships with vendors to ensure timely receipt of invoices and resolve any discrepancies.
Qualifications:
- Bachelor’s degree in Finance, Accounting, or a related field.
- Minimum 5 years of experience.
- Experience with Tally and financial systems.
- Strong organizational and time management skills.
- Attention to detail with a focus on accuracy in payments and documentation.
- Effective communication skills for cross-department coordination.
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