Financial Analyst
2 weeks ago
Job DescriptionThe Finance Analyst will be responsible for managing day-to-day accounting operations, ensuring timely month-end and year-end closures, handling statutory compliance, and maintaining accurate books of accounts with the Knowledge of Zoho Book. The role includes processing invoices, managing Accounts Payable (AP) and Accounts Receivable (AR), preparing reconciliations, and assisting in return filings and responses to statutory notices. The ideal candidate will possess strong knowledge of accounting standards, taxation laws, and financial processes.Key Responsibilities:1. Accounting & BookkeepingHandle day-to-day accounting activities in compliance with company policies and accounting standards.Knowledge on Zoho Book is mandatory.Ensure timely and accurate posting of journal entries, adjustments, and accruals.Manage monthly and annual closing activities, including trial balance review and ledger scrutiny.Assist in preparation of financial statements (Balance Sheet, P&L, Cash Flow).2. Accounts Payable (AP) & Accounts Receivable (AR)Process vendor invoices, employee reimbursements, and vendor payments accurately and on time.Manage customer invoicing, collection follow-up, and payment application.Monitor aging analysis for both payables and receivables and ensure timely reconciliation.3. Reconciliation ActivitiesPrepare and review bank reconciliations, vendor and customer account reconciliations.Handle inter-company and inter-division reconciliations and resolve discrepancies.Maintain clean and accurate books through periodic reconciliation and correction of mismatches.4. Taxation & Statutory ComplianceAssist in preparation and filing of GST returns (GSTR-1, GSTR-3B, GSTR-9) and related reconciliations.Ensure timely deduction and deposit of TDS; assist in filing of TDS returns and Form 26AS reconciliation.Prepare and maintain data for various tax audits and statutory filings.5. Audit Support & ComplianceCoordinate with statutory auditors, internal auditors, and tax consultants during audits.Prepare required schedules, reconciliations, and explanations for audit purposes.Ensure compliance with all statutory regulations (Companies Act, GST Act, Income Tax Act, etc.).6. Departmental Communication & Data HandlingHandle notices and queries from various government departments (Income Tax, GST, TDS, etc.) by preparing relevant data and supporting documentation.Maintain accurate financial documentation and records for audit trail and compliance.Collaborate with internal departments (Procurement, Sales, HR, etc.) to ensure smooth financial operations.Qualifications & Requirements:Bachelor’s or Master’s degree in Commerce, Finance, or Accounting.2–4 years of experience in accounting, finance operations, or taxation roles.Sound knowledge of accounting principles, GST, TDS, and Income Tax compliance.Hands-on experience with ERP/accounting software (Tally, Zoho Books, Quick Books etc.).Proficiency in MS Excel and financial data management.Strong analytical skills, accuracy, and attention to detail.Key Competencies:Month-End & Year-End Closing ExpertiseAccounts Payable & Receivable ManagementGST, TDS, and IT Return FilingLedger Scrutiny & ReconciliationCompliance & Audit SupportCommunication & Coordination Skills
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