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Financial Operations Specialist
2 weeks ago
Job Title: Financial Operations SpecialistThis role is responsible for overseeing the financial operations of an organization, including accounting, payroll management, and compliance with regulatory requirements.Key Responsibilities:GST Filing and Compliance:Prepare and file GST returns on a regular basis, adhering to the prescribed deadlines.Review and verify GST-related documents, invoices, and receipts to ensure accuracy and compliance.Monitor changes in GST regulations and communicate the implications to relevant stakeholders.Coordinate with internal teams and external partners to resolve any GST-related queries or issues promptly.Employee Payroll Management:Oversee the entire payroll process, including salary calculations, deductions, reimbursements, and tax withholding.Maintain and update employee payroll records, ensuring confidentiality and accuracy.Handle payroll tax deductions and compliance with applicable laws and regulations.Address employee payroll inquiries and resolve discrepancies in a timely and professional manner.Bookkeeping and Financial Records:Accurately record financial transactions, including accounts payable and accounts receivable.Maintain general ledger entries, ensuring that all financial activities are appropriately documented.Reconcile bank statements, credit card transactions, and other financial accounts regularly.Generate financial reports and statements, providing insights to management on financial performance.Financial Analysis and Reporting:Assist in analyzing financial data to identify trends, variances, and opportunities for improvement.Collaborate with the finance team to prepare financial reports, budgets, and forecasts.Support the preparation of financial statements and reports required for audits and statutory compliance.Compliance and Regulatory Adherence:Ensure compliance with all relevant Indian accounting and tax regulations.Keep abreast of changes in tax laws, accounting standards, and financial reporting requirements.Assist with external audits and provide necessary documentation and information as required.Cross-Functional Collaboration:Collaborate with various departments to gather financial data and insights for decision-making.Work closely with the finance team to streamline processes and improve overall financial efficiency.Requirements:Bachelor's degree in Accounting, Finance, or a related field.Proven experience as a Financial Operations Specialist with expertise in GST filing, payroll management, and bookkeeping in an Indian context.Thorough understanding of Indian accounting principles, taxation, and regulatory requirements.Proficient in using accounting software and MS Office suite.Strong analytical and problem-solving skills with an eye for detail.Excellent communication and interpersonal skills to interact effectively with team members and external stakeholders.Ability to prioritize tasks, work independently, and meet deadlines in a fast-paced environment.
