Account Executive

5 months ago

Mumbai, India Social Refuel Private Limited Full time

**JOB DESCRIPTION: ACCOUNTANT**

An accountant in an event company manages financial transactions, prepares budgets, tracks expenses, and ensures compliance with accounting standards. They may also analyse financial data to help with strategic decision-making, handle payroll, and liaise with vendors to manage invoicing and payments. Attention to detail and organizational skills are crucial in this role to maintain accurate financial records for events.
- **Financial Record Keeping**:

- Maintain accurate and up-to-date financial records for the event company.
- Record and categorize financial transactions, including income and expenses.
- **Budget Preparation**:

- Collaborate with event planners to create comprehensive budgets for various events.
- Monitor budgetary performance and provide financial insights to optimize resource allocation.
- **Expense Tracking**:

- Track and analyse event-related expenses, ensuring adherence to budgetary constraints.
- Identify cost-saving opportunities and efficient financial practices.
- **Compliance and Reporting**:

- Ensure compliance with accounting standards, regulations, and tax requirements.
- Prepare and submit financial reports to management, highlighting key financial metrics.
- **Payroll Management**:

- Oversee payroll processes, including salary calculations, tax deductions, and benefit administration.
- Address payroll-related inquiries and resolve any discrepancies.
- **Vendor Relations**:

- Work with vendors to manage invoicing and payment processes.
- Negotiate terms and conditions to optimize financial agreements with suppliers.
- **Financial Analysis**:

- Analyse financial data to provide insights into the financial health of events and overall company performance.
- Make recommendations for improving profitability and cost efficiency.
- **Auditing and Internal Controls**:

- Implement and maintain internal controls to safeguard financial assets.
- Facilitate external audits and address audit findings as necessary.
- **Cash Flow Management**:

- Monitor and manage cash flow to ensure there are sufficient funds for event operations.
- Forecast future financial needs based on upcoming events and business plans.
- **Technology Utilization**:

- Utilize accounting software and other financial tools to streamline processes and improve efficiency.
- Stay updated on technological advancements in accounting for continuous process improvement.
- **Project Expense Accounting**:

- You will also be involved in managing and documenting expenses related to specific projects. This could include budgeting, tracking costs, and ensuring financial compliance within the project’s framework.
- You will also be responsible for overseeing the financial aspects of specific projects within an organization. This involves tasks such as creating and managing project budgets, tracking expenses incurred during project execution, and ensuring that spending aligns with allocated funds. The role may also include reconciling financial data, generating reports, and collaborating with project teams to maintain financial transparency and compliance.
- **Team Collaboration**:

- Collaborate with other departments, such as marketing and operations, to ensure financial considerations are integrated into overall event planning.
- Provide financial guidance and support to various teams within the event company.

**Job Types**: Full-time, Permanent

**Salary**: ₹15,000.00 - ₹30,000.00 per month

Schedule:

- Day shift

**Education**:

- Bachelor's (preferred)

**Experience**:

- Taxation: 3 years (preferred)
- total work in accounting: 3 years (preferred)

**Language**:

- English (preferred)

License/Certification:

- Tally (preferred)

Ability to Commute:

- Mumbai, Maharashtra (required)

Ability to Relocate:

- Mumbai, Maharashtra: Relocate before starting work (required)

**Speak with the employer**
+91 9819069499

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