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Finance Specialist

4 weeks ago

Coimbatore, India Kovai.co Full time

Kovai.co is a catalyst, sparking a revolution in the world of enterprise software and B2B SaaS, we are a technology powerhouse delivering best-in-class enterprise software and game-changing SaaS solutions across industries.At Kovai.co, we're rewriting the B2B landscape by empowering over 2, businesses worldwide with our award-winning SaaS solutions. Our Products:BiztalkTurboDocument“UK headquarters. Indian innovation. Global impact.”Our journey has been nothing short of remarkable, having witnessed exponential growth and profitability right from our inception.We are on track towards $30 million in annual revenue – and we're just getting started.Kovai.co is fueled by a tribe of thoughtful helpers, obsessed with empowering customers, uplifting colleagues, and igniting our own journeys.Redefining tech is our game. Are you in? Join Kovai.co – where passion meets purpose.Position : Finance specialistFinance & Management AccountingPreparation of vendor payment files for approval by senior management, itemizing all expenditure and segregating total costs to account for TDS (India). You should have a working knowledge of relevant TDS rates by service supply category.Accurately recording all Income and Expenditure transactions in the company’s books of accounts.Maintain the trial balance, by a reconciliation of general ledgers and managing the general ledger.Managing all processes relating to making supplier payments, up to and including the banking transaction.Preparation of P&L and Balance Sheet reports on a monthly basis or more frequently as directed by management.Assisting with the maintenance of cost allocation models that accurately attribute direct and indirect costs to the company’s products.Assisting with the preparation of inter-company invoices detailing the nature and value of the services supplied by the India business to its related group companies.Reconciling the company bank statements in accordance with company procedures set my management and raising discrepancies or observations as necessary.Desirable: Preparation of Softex form / filing Softex in the STPI. Liaising with bankers towards realisation of filed Sofex and EBRC generationStatutory Accounting and ComplianceAssisting with verification of the books of accounts including checking the balances of all ledgers.Work with our internal audit function to review all observations and queries raised and assisting with replies and resolution.Assisting with GST returns, GST Refund, TDS Q-ETDS Returns, Provident Fund (PF) and Professional Tax (PT) calculations and quarterly TDS data submissions.Commercial Management & AdministrationAssisting with the management and administration of a wide range of corporate insurance cover. Duties will include obtaining quotes for cover, maintaining policy compliance, claims management and related activities.Assisting with the preparation and submission of visa applications as required to facilitate international travel.Other commercial and administrative duties will arise from time to time and candidates will need to accommodate these as part of their everyday activities.Equal Opportunities:Kovai.co is committed to building a workforce that reflects the richness of our society. We believe in fostering a culture of belonging and respect for all. Kovai.co stands firmly against discrimination, ensuring equal opportunity for everyone to build a successful career. Submit Your Application You have successfully applied You have errors in applying Apply With Resume * First Name* Middle Name Last Name* Email* Mobile Phone Social Network and Web LinksProvide us with links to see some of your work (Git/ Dribble/ Behance/ Pinterest/ Blog/ Medium) + { "@context" : " "@type" : "JobPosting", "url" : " "title" : "Finance Specialist", "description" : "Kovai.co is a catalyst, sparking a revolution in the world of enterprise software and B2B SaaS, we are a technology powerhouse delivering best-in-class enterprise software and game-changing SaaS solutions across industries. At Kovai.co , we're rewriting the B2B landscape by empowering over 2, businesses worldwide with our award-winning SaaS solutions.  Our Products: Biztalk Turbo Document “UK headquarters. Indian innovation. Global impact.” Our journey has been nothing short of remarkable, having witnessed exponential growth and profitability right from our inception. We are on track towards $30 million in annual revenue – and we're just getting started. Kovai.co is fueled by a tribe of thoughtful helpers, obsessed with empowering customers, uplifting colleagues, and igniting our own journeys. Redefining tech is our game. Are you in? Join Kovai.co – where passion meets purpose. Position : Finance specialist Finance & Management Accounting Preparation of vendor payment files for approval by senior management, itemizing all expenditure and segregating total costs to account for TDS (India).  You should have a working knowledge of relevant TDS rates by service supply category. Accurately recording all Income and Expenditure transactions in the company’s books of accounts. Maintain the trial balance, by a reconciliation of general ledgers and managing the general ledger. Managing all processes relating to making supplier payments, up to and including the banking transaction. Preparation of P&L and Balance Sheet reports on a monthly basis or more frequently as directed by management. Assisting with the maintenance of cost allocation models that accurately attribute direct and indirect costs to the company’s products. Assisting with the preparation of inter-company invoices detailing the nature and value of the services supplied by the India business to its related group companies. Reconciling the company bank statements in accordance with company procedures set my management and raising discrepancies or observations as necessary. Desirable: Preparation of Softex form / filing Softex in the STPI. Liaising with bankers towards realisation of filed Sofex and EBRC generation Statutory Accounting and Compliance Assisting with verification of the books of accounts including checking the balances of all ledgers. Work with our internal audit function to review all observations and queries raised and assisting with replies and resolution. Assisting with GST returns, GST Refund, TDS Q-ETDS Returns, Provident Fund (PF) and Professional Tax (PT) calculations and quarterly TDS data submissions. Commercial Management & Administration Assisting with the management and administration of a wide range of corporate insurance cover. Duties will include obtaining quotes for cover, maintaining policy compliance, claims management and related activities. Assisting with the preparation and submission of visa applications as required to facilitate international travel. Other commercial and administrative duties will arise from time to time and candidates will need to accommodate these as part of their everyday activities. Equal Opportunities: Kovai.co is committed to building a workforce that reflects the richness of our society. We believe in fostering a culture of belonging and respect for all. Kovai.co stands firmly against discrimination, ensuring equal opportunity for everyone to build a successful career. ", "datePosted" : "- :59:49 UTC", "employmentType" : "FULL_TIME", "remote" : "false", "hiringOrganization" : { "@type":"Organization", "name":"Kovai.co" }, "jobLocation" : { "@type": "Place", "address": { "@type": "PostalAddress", "streetAddress": "", "addressRegion": "Coimbatore", "postalCode": "", "addressLocality": "Tamil Nadu", "addressCountry": "India" } } } var translation = { 'employer_title': `Designation`, 'employer_company': `Company/Business name`, 'employer_start_date': `Start date`, 'employer_end_date': `End date`, 'employer_is_current': `I currently work here`, 'employer_summary': `Summary`, 'employer_remove': `Remove this employer`, 'education_degree': `Degree`, 'education_field_of_study': `Field of study/major`, 'education_school_name': `Institution/school name`, 'education_start_date': `Start date`, 'education_end_date': `End date`, 'education_is_current': `Currently pursuing`, 'education_grade': `Grade`, 'education_remove': `Remove this degree` };