Business Financial Analyst

1 day ago

Salem, Tamil Nadu, India beBeeFinancial Full time ₹ 4,00,000 - ₹ 7,00,000
Job Summary:

We are seeking a highly skilled professional to fill the role of Financial Analyst. The ideal candidate will have a strong understanding of financial reporting, internal controls, and procurement processes to ensure accuracy, compliance, and cost optimization.

Key Responsibilities:

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

Skills & Competencies:

  • 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.

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