Senior Accounts Associate

3 days ago

Bangalore City, India 315Work Avenue Full time
Job Title: Senior Accounts AssociateCompany: 315 Work AvenueLocation: BangaloreDepartment: Finance & AccountsReports to: Finance Manager / Head of Finance Job Overview:315 Work Avenue is seeking a detail-oriented and experienced Senior Accounts Associate to support the finance and accounting functions of the company. The ideal candidate will have strong experience in managing financial records, preparing reports, and ensuring compliance with accounting principles, particularly in the coworking space industry. Key Responsibilities:Accounts Management:Maintain and update financial records, including general ledger, accounts payable, and accounts receivable.Process invoices, payments, and receipts, ensuring accuracy and timely transactions.Reconcile bank statements and accounts regularly to ensure accuracy of financial data.Financial Reporting:Prepare financial reports, including balance sheets, profit and loss statements, and cash flow reports for senior management review.Assist in the preparation of monthly, quarterly, and annual financial statements in compliance with accounting standards.Provide financial data and analysis to support decision-making by the management team.Budgeting & Forecasting:Assist in the preparation and monitoring of budgets and forecasts for various departments.Track budget performance and provide variance analysis to identify areas for improvement.Collaborate with department heads to ensure alignment of financial objectives.Audit & Compliance:Support internal and external audits by preparing and organizing necessary documentation and reports.Ensure compliance with tax laws, regulations, and company policies.Assist in the preparation of tax returns and ensure timely submission.

Cost Control & Expense Management:Monitor and control company expenses, identifying opportunities for cost reduction and efficiency improvements.Review and verify expense reports and ensure adherence to company policies.Vendor & Client Relations:Liaise with vendors and suppliers to manage accounts payable and ensure timely payments.Handle client billing, invoicing, and collections to maintain healthy cash flow.Process Improvement:Identify and implement process improvements to enhance the efficiency and accuracy of financial operations.Leverage accounting software and tools to streamline tasks and reporting. Qualifications:Education:Bachelor’s degree in Accounting, Finance, or a related field. A professional qualification (CA/CPA/CMA) is a plus.Experience:5-7 years of experience in accounting and finance roles, preferably in the coworking or real estate industry.Strong knowledge of accounting principles, standards, and regulations.Experience in financial reporting, budgeting, and managing audits.Skills:Proficiency in accounting software (e.G., Tally, QuickBooks, SAP) and Microsoft Excel.Strong analytical and problem-solving skills.Excellent attention to detail and organizational abilities.Strong communication and interpersonal skills. Personal Attributes:Ability to manage multiple tasks and meet deadlines.High level of integrity and professionalism in dealing with confidential information.Self-motivated and able to work independently as well as part of a team.

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