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Finance Executive

4 weeks ago

Hyderabad India Oteemo Inc. Full time

Job Description

Company Description

We are an industry-leading technology consulting firm dedicated to empowering organizations through cloud native and enterprise DevSecOps transformations. Our team of experts are passionate about leveraging cutting-edge technologies to deliver exceptional value to our clients. We specialize in executing innovative technical solutions using cloud native principles, containers, and extreme automation-based DevSecOps practices. At our core, we believe in pushing boundaries and setting new standards. Our commitment to excellence is what sets us apart, and it's why our clients choose to work with us. We understand that delivering superior technical solutions requires a team of recognized professionals. If you have a passion for building cloud native systems, applications, and automation solutions in the cloud, and if you're seeking to join a company that is a powerhouse in Enterprise DevSecOps and Cloud Native domains, then you've come to the right place. We foster a dynamic, inclusive, and collaborative environment that encourages innovation and continuous learning. As a member of our team, you'll have the opportunity to work on exciting projects, tackle complex challenges, and make a significant impact in enabling digital transformation for our clients. Join us and be part of a team that thrives on pushing the boundaries of what's possible in technology.

Job Description

Job Title: Finance Executive

Location: Hyderabad, India

Experience: 4-7 Years

Employment Type: Full-Time

About the Role:

We are seeking an experienced Finance Executive to manage day-to-day financial operations, statutory compliance, taxation, and financial reporting for our India operations. The ideal candidate will have a strong understanding of Indian accounting standards, tax regulations, and financial statutory obligations, alongside practical experience in managing invoicing, budgeting, and audits.

Key Responsibilities:

Accounting & Financial Management

- Handle day-to-day accounting operations in compliance with Indian Accounting Standards (Ind AS).
- Manage accounts payable, accounts receivable, general ledger, and reconciliations.
- Ensure accurate recording of financial transactions and maintain financial records.
- Prepare monthly, quarterly, and annual financial statements and reports.

Taxation & Statutory Compliance

- Ensure timely and accurate filing of all statutory returns including GST, TDS, PF, ESI, PT, Income Tax.
- Handle tax computations, payments, and compliance with Income Tax Act, Companies Act, and other applicable Indian financial regulations.
- Liaise with statutory, internal, and tax auditors during periodic audits and inspections.
- Stay updated on changes in tax laws, statutory obligations, and accounting standards applicable in India.

Invoicing & Receivables Management

- Generate and manage client invoices in compliance with GST norms.
- Follow up on collections and ensure accurate tracking of receivables.
- Maintain documentation for invoicing, purchase orders, vendor agreements, and related records.

Budgeting, Forecasting & Financial Analysis

- Assist in preparing annual budgets, forecasts, and financial planning in alignment with organizational goals.
- Track and report on budget variances and recommend corrective actions.
- Perform cost analysis, cash flow management, and profitability reviews.

Payroll & Employee Benefit Compliance

- Support monthly payroll processing in coordination with HR and ensure compliance with PF, ESI, PT, and Labour Welfare Fund.
- Ensure accurate calculation and deposit of applicable statutory deductions.

Banking & Treasury Management

- Manage banking operations including payments, deposits, fund transfers, and reconciliations.
- Monitor cash flow to ensure adequate liquidity for operational needs.

Audit & Documentation

- Coordinate with external auditors for statutory, internal, and tax audits.
- Maintain organized and updated documentation for all financial transactions, statutory filings, and compliance records.

Required Skills & Qualifications:

- Bachelor's or master's degree in commerce, Finance, or Accounting.
- 4-7 years of relevant finance and accounting experience in Indian statutory and tax compliance environment.
- Solid knowledge of Indian taxation laws (GST, TDS, Income Tax), statutory filings, and audit processes.
- Experience with Tally, Zoho Books, QuickBooks, or other ERP systems preferred.
- Strong analytical, problem-solving, and organizational skills.
- Ability to work independently and manage deadlines effectively.

Preferred Attributes:

- Exposure to financial processes for mid-sized IT/Services companies.
- Good communication skills for coordinating with auditors, tax consultants, and government departments.
- Up-to-date knowledge of changes in statutory and taxation norms.

Qualifications

Bachelor's or Master's Degree in Commerce, Finance, or Accounting

Additional Information

All your information will be kept confidential according to EEO guidelines.