Finance Specialist

2 weeks ago

Aurangabad, Maharashtra, India beBeeAccounting Full time ₹ 1,00,00,000 - ₹ 2,50,00,000
Accounting Professional

Our organization seeks a highly skilled Accounting Professional to join our finance team.

Job Summary:

The ideal candidate will possess a strong understanding of financial accounting principles and a proven track record in financial statement preparation, month-end closing, and compliance. This role requires a solid foundation in NACAS Accounting Standards and IND AS, as well as a strong grasp of GST regulations.

The candidate should possess the passion to bring material value to the job and be ready to play a dynamic role which is all encompassing and very challenging

  • Financial Reporting: Lead the preparation and finalization of monthly, quarterly, and annual financial statements in compliance with NACAS Accounting Standards and IND AS.
  • Month-End Closure: Manage the entire month-end book closure process, including preparing journal entries, reconciling accounts, and ensuring all financial data is accurate and complete.
  • Revenue and Expense Management: Conduct a thorough review of expenses to ensure proper classification, recognition and TDS compliances. Oversee revenue recognition processes in line with accounting standards.
  • GST Compliance: Ensure timely and accurate filing of all GST returns (GSTR-1, GSTR-3B, etc.). Stay updated on changes in GST laws and regulations to ensure continuous compliance.
  • Reconciliation: Perform bank reconciliations, intercompany reconciliations, and other balance sheet reconciliations to ensure the integrity of financial data.
  • Audit Support: Assist in internal and external audits by providing necessary documentation, schedules, and explanations.
  • Reporting & Analysis: Prepare various financial reports MIS for management, highlighting key trends and providing insightful analysis on financial performance.
  • Process Improvement: Identify and implement process improvements to enhance the efficiency and accuracy of financial reporting and accounting operations.
  • Internal Control and Compliance: Assist in designing and implementing the SOP's across the company to ensure compliance and control
  • Technology tools and ERP implementation: Opportunity to implement ERP, EMS and Other tech tools to improve the employee productivity
Qualifications and Skills:
  • Chartered Accountant (CA) qualification is mandatory.
  • A minimum of 2 to 3 years of post-qualification experience in a relevant accounting or finance role.
  • Proven expertise in the preparation of financial statements and the month-end closing process.
  • Experienced in Team management
  • In-depth knowledge of NACAS Accounting Standards and IND AS is essential.
  • Strong understanding and hands-on experience with GST compliances and return filings.
  • Excellent analytical and problem-solving skills with a high degree of accuracy and attention to detail.
  • Proficiency in accounting software (e.g., Tally, SAP, Oracle) and Microsoft Office Suite, especially Excel. Further, experience in implementation of ERP (Tally, SAP etc.) will provide and additional impact 
  • Strong communication and interpersonal skills, with the ability to work effectively as part of a team.
  • Ability to manage multiple tasks and meet tight deadlines.
What can you expect from us:
  • Work in a young, fast paced organization and closely with the leadership team of the Company
  • Opportunity to learn from 50+ years of industry experience in textiles 
  • Market comparable compensation and a fun, friendly work environment

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