Finance Executive

2 weeks ago


Coimbatore Tamil Nadu, India Geniies IT & Services private limited Full time

Job Title: Finance Executive

Job Summary:
As a Finance Executive, you will play a crucial role in the financial health and success of the organization by managing financial tasks and ensuring compliance with relevant regulations. Your responsibilities will include overseeing financial transactions, preparing financial reports, analyzing financial data, and providing strategic financial guidance to support decision-making.

Key Responsibilities:
1. **Financial Reporting**:

- Prepare accurate and timely financial statements, including income statements, balance sheets, and cash flow statements.
- Ensure compliance with accounting principles, standards, and relevant regulations.
- Generate and analyze financial reports for management review.

2. **Budgeting and Forecasting**:

- Collaborate with other departments to develop annual budgets and financial forecasts.
- Monitor and analyze budget-to-actual performance, providing insights and recommendations for variances.

3. **Financial Analysis**:

- Conduct financial analysis to support strategic business decisions.
- Identify trends, analyze financial performance, and provide recommendations for improvement.
- Evaluate and advise on investment opportunities, cost reduction strategies, and revenue enhancement initiatives.

4. **Cash Management**:

- Manage daily cash flow and liquidity requirements.
- Optimize cash management processes to ensure efficient use of funds.

5. **Compliance and Risk Management**:

- Ensure compliance with local, state, and federal regulations.
- Identify and assess financial risks, implementing strategies to mitigate them.

6. **Audit and Taxation**:

- Coordinate and liaise with external auditors during the audit process.
- Assist in the preparation of tax returns and ensure compliance with tax regulations.

7. **Financial Systems and Technology**:

- Utilize financial management software and tools for efficient and accurate record-keeping.
- Stay updated on advancements in financial technology to improve financial processes.

8. **Communication and Collaboration**:

- Communicate financial information effectively to internal and external stakeholders.
- Collaborate with cross-functional teams to achieve organizational goals.

9. **Continuous Improvement**:

- Identify opportunities for process improvement and implement best practices.
- Stay informed about industry trends and changes in financial regulations.

Qualifications and Skills:

- Bachelor's degree in Finance, Accounting, or a related field; Master's degree or professional certification (e.g., CPA, CFA) is a plus.
- Proven experience in finance or accounting roles.
- Strong analytical and problem-solving skills.
- Proficient in financial modeling and analysis.
- Knowledge of accounting principles, financial regulations, and taxation.
- Excellent communication and interpersonal skills.
- Detail-oriented with a high level of accuracy.
- Ability to work independently and collaboratively in a team.

This job description is a general outline of the responsibilities and qualifications for a Finance Executive and may be customized based on the specific requirements of the organization.

**Salary**: ₹25,000.00 - ₹35,000.00 per month

**Benefits**:

- Provident Fund
- Work from home

Schedule:

- Day shift

Supplemental pay types:

- Performance bonus

**Experience**:

- total work: 3 years (preferred)

Ability to Commute:

- Coimbatore, Tamil Nadu (required)

Ability to Relocate:

- Coimbatore, Tamil Nadu: Relocate before starting work (required)

Work Location: In person

**Speak with the employer**
+91 7550236999



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