Financial Operations Coordinator
6 days ago
Job Title: Financial Operations Coordinator
Job Summary:
Verifitech Services - India is seeking a highly organized and detail-oriented Financial Operations Coordinator to assist the finance team with various accounting tasks. The ideal candidate will have a strong understanding of accounting principles and concepts, and be proficient in using Microsoft Excel and other MS Office applications.
Key Responsibilities:
- Financial Data Entry and Maintenance:
- Accurately input financial transactions, invoices, expenses, and payments into the accounting software/system.
- Maintain organized and up-to-date financial records for easy retrieval and reference.
- Accounts Receivable and Accounts Payable Support:
- Assist in generating invoices and sending them to clients in a timely manner.
- Help monitor and follow up on overdue client payments.
- Review vendor invoices, ensure accuracy, and assist in processing payments.
- Bank Reconciliation:
- Assist in reconciling bank statements with accounting records on a regular basis.
- Investigate and resolve any discrepancies between the bank statements and records.
- Expense Tracking and Reimbursements:
- Support the tracking and verification of employee expenses and receipts.
- Assist in processing employee expense reimbursements and ensure compliance with company policies.
- Financial Reporting Assistance:
- Contribute to the preparation of basic financial reports, such as balance sheets and income statements.
- Collaborate with senior accountants to compile financial data for reporting purposes.
- Documentation and Filing:
- Maintain orderly and well-organized financial documents and records.
- Assist in preparing documentation for audits and reviews.
- Data Analysis:
- Assist in analyzing financial data to identify trends, patterns, and discrepancies.
- Support senior accountants in generating insights for financial decision-making.
- Compliance and Regulations:
- Familiarize yourself with relevant financial regulations and assist in ensuring compliance with accounting standards and company policies.
- Collaboration and Learning:
- Collaborate with cross-functional teams, including operations and administration, to exchange accurate financial information.
- Participate in training sessions to enhance your accounting knowledge and skills.
- Process Improvement:
- Identify opportunities to streamline and improve accounting processes.
- Suggest ideas for enhancing the accuracy and efficiency of financial operations.
Qualifications and Skills:
- Bachelor's degree in Accounting, Finance, or a related field.
- Entry-level position; previous internship or coursework in accounting is a plus.
- Basic understanding of accounting principles and concepts.
- Proficiency in using Microsoft Excel and other MS Office applications.
- Strong attention to detail and organizational skills.
- Excellent verbal and written communication skills.
- Ability to work both independently and as part of a team.
- Eagerness to learn and develop accounting knowledge and skills.
- Problem-solving mindset and a proactive approach to tasks.
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