Financial Reporting Specialist
2 weeks ago
Job Summary:
We are seeking a highly motivated Junior Accounts Executive to join our finance team at Lights By Ankur Pvt Ltd (Ankur Lighting). As a Junior Accounts Executive, you will play a critical role in supporting the financial operations of the company, ensuring that all accounting tasks are managed efficiently and in compliance with the Indian accounting system.
Key Responsibilities:
1. General Accounting Tasks:
- Maintain and update financial records, including ledgers, invoices, receipts, and payments.
- Assist in the preparation of financial statements, including balance sheets, profit and loss accounts, and cash flow statements.
- Ensure accurate and timely data entry into the accounting system.
2. Accounts Payable and Receivable:
- Process accounts payable invoices and ensure timely payments to vendors.
- Monitor accounts receivable and follow up on outstanding invoices.
- Reconcile discrepancies and resolve issues with suppliers and customers.
3. Taxation and Compliance:
- Assist in the preparation and filing of GST, TDS, and other statutory returns.
- Ensure compliance with all applicable tax laws and regulations.
- Stay updated on changes in tax laws and implement necessary adjustments in the accounting processes.
4. Bank Reconciliation and Cash Management:
- Perform regular bank reconciliations to ensure accuracy of financial records.
- Assist in managing cash flow and preparing cash flow forecasts.
- Monitor and record petty cash transactions.
5. Audit Support:
- Provide support during internal and external audits, including preparing necessary documentation and reports.
- Assist in implementing audit recommendations to improve financial controls.
6. Inventory Management:
- Maintain accurate records of inventory transactions and valuations.
- Reconcile physical inventory counts with the accounting records.
- Work closely with the inventory management team to ensure accurate inventory reporting.
7. Team Collaboration:
- Collaborate with other departments to provide financial support and guidance.
- Work closely with the senior accounts team to ensure smooth operations and accurate financial reporting.
8. Financial Reporting and Analysis:
- Assist in the preparation of monthly, quarterly, and annual financial reports.
- Provide data and analysis to support management decision-making.
- Identify and report any variances or discrepancies in financial data.
Key Qualifications:
- Bachelor's degree in Accounting, Finance, or related field.
- Proficiency in accounting software (e.g., Busy, Tally, Zoho Books) and MS Excel.
- Familiarity with the Indian accounting system and tax regulations.
- Excellent written and verbal communication skills.
- Proactive and self-motivated individual who is eager to learn and grow within the company.
- Ability to work effectively as part of a team, with a positive and collaborative approach.
Why Join Us?
- Opportunity to work in a leading company within the lighting industry.
- Hands-on experience with diverse accounting tasks and responsibilities.
- A supportive and dynamic work environment with opportunities for career growth.
- Competitive salary and benefits package.
Requirements
Knowledge of GSTR-01 and GST 3B filing.
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