Financial Transaction Specialist

2 days ago

Alwar, Rajasthan, India beBeeAccountant Full time ₹ 4,00,000 - ₹ 7,00,000

Job Overview:

We are seeking a diligent and analytical professional to manage purchase accounting, perform thorough verification of transactions, support audit readiness, and oversee cost center allocations.

The ideal candidate should possess in-depth knowledge of internal controls, procurement processes, and financial reporting to ensure accuracy, compliance, and optimization.

Key Responsibilities:

  • Purchase Accounting & Controls:
    • Verify and process purchase transactions and vendor invoices accurately.
    • Ensure compliance with purchase order terms, GST input credit rules, and payment terms effectively.
    • Coordinate with the procurement team to reconcile GRNs, POs, and invoices promptly.
    • Validate purchase orders, goods receipt notes (GRNs), and vendor invoices for raw materials, spares, consumables, and capital goods meticulously.
    • Monitor vendor balances, advances, and resolve discrepancies efficiently.
  • Vouching and Internal Checks:
    • Perform detailed vouching of accounting entries, including purchases, expenses, and fixed assets thoroughly.
    • Ensure appropriate supporting documents (invoices, approvals, contracts) are in place for record-keeping.
    • Identify anomalies, errors, or fraudulent transactions and flag them for corrective action promptly.
  • Audit Support (Internal & Statutory):
    • Prepare and maintain audit schedules and reconciliations related to purchase and cost accounts accurately.
    • Support internal and external auditors with required documentation and clarifications efficiently.
    • Implement audit recommendations and strengthen internal controls accordingly.
  • Cost Center Accounting:
    • Allocate expenses to correct cost centers in accordance with company policies efficiently.
    • Monitor cost center budgets vs actuals and report variances regularly.
    • Assist in financial reporting by preparing cost center-wise P&L statements accurately.

Required Skills & Qualifications:

  • Strong knowledge of AS, Ind AS, GST, and TDS provisions.
  • Proficiency in ERP systems (SAP, Oracle, Tally, etc.)
  • Attention to detail and strong analytical skills.
  • Effective communication and coordination skills across departments.
  • Ability to work under pressure and meet deadlines efficiently.

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