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Senior Financial Specialist

3 weeks ago


Hubli, Karnataka, India beBeeFinancial Full time ₹ 7,00,000 - ₹ 10,00,000

Job Overview:

We are seeking an experienced Financial Professional to manage day-to-day financial activities and ensure seamless financial operations.

Daily Financial Operations

This role is critical for maintaining financial accuracy, supporting financial planning, and facilitating the organisation's financial health and regulatory compliance. The ideal candidate has a strong grasp of accounting principles, excellent organisational skills, and a proactive approach to problem-solving.

  • Manage day-to-day transactions, including accounts payable/receivable, payroll, cash receipts, and general ledger entries.
  • Ensure accuracy in daily financial postings, reconciliations, and closing activities.
  • Oversee cash flow to ensure the organisation meets all financial commitments.
Account Reconciliation & Reporting

Reconcile bank statements and other financial statements to ensure alignment with internal accounts.

Prepare, review, and present daily, weekly, and monthly financial reports to highlight financial performance and trends.

Assist in month-end and year-end close processes to ensure timely reporting.

Budget Tracking & Variance Analysis

Monitor and track budget allocations, spending patterns, and variances against forecasts.

Conduct variance analysis and communicate findings to support budgeting and forecasting activities.

Collaborate with cross-functional teams to provide insights on budget adherence.

Compliance & Regulatory Support

Ensure adherence to local and statutory accounting principles and guidelines.

Assist with audits and facilitate responses to auditors on transactional and general ledger inquiries.

Maintain and update financial records to ensure compliance with financial regulations.

Expense Management & Cost Optimisation

Review and validate expense claims and maintain accurate records for internal control.

Support initiatives for cost reduction and improved expense management.

Work closely with procurement and other departments to ensure efficient financial resource utilization.

Qualifications and Skills

The ideal candidate should possess a Bachelor's degree in Accounting, Finance, or a related field.

Proven work experience (4+ years) in an accounting or finance role, ideally in managing day-to-day operations.

Proficiency in accounting software (e.g., Tally, QuickBooks, or SAP) and MS Office, particularly Excel.

Strong analytical skills with a keen eye for detail and accuracy.

In-depth knowledge of financial regulations, compliance standards, and accounting principles (GAAP/IFRS).

Excellent communication skills to work collaboratively with various departments.

Benefits

Prestige: Work with a brand that is synonymous with luxury, quality, and timeless design.

Career Advancement: Opportunities for professional growth and development within a dynamic and supportive environment.

Competitive salary

Impact: Play a key role in shaping the luxury furniture market in Hyderabad and beyond, contributing to high-profile projects and elite client experiences.

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