Junior Accounts Executive

Stratospheric Entertainment Pvt Ltd (Bounceinc)

Malad West, Mumbai

Reporting to CFO.

Job Title: Jr. Accounts Executive

Experience: 1-2 Years

Employment Type: Full-Time

A Junior Accounts role typically involves supporting the finance and accounting functions within an organization. Here are the key roles and responsibilities commonly associated with this position:
**1. Data Entry and Record Keeping**
- **Recording financial transactions**: Accurately inputting invoices, receipts, payments, and other financial transactions into accounting software or ledgers.
- **Maintaining accurate records**: Ensuring that all financial records are properly filed, organized, and accessible when needed.

**2. Accounts Payable & Receivable**
- **Processing invoices**: Reviewing and processing vendor invoices for payment, ensuring that they are correct and meet company policies.
- **Managing payments**: Assisting in scheduling payments for suppliers and vendors, and ensuring timely disbursements.
- **Tracking outstanding receivables**: Assisting with the collection process by tracking overdue accounts and preparing reminders for customers or clients.

**3. Bank Reconciliation**
- **Reconciling accounts**: Assisting in reconciling the company’s bank accounts and credit cards to ensure that records match bank statements.
- **Identifying discrepancies**: Reporting any discrepancies between internal records and bank statements and helping resolve them.

**4. Preparation of Financial Statements**
- **Supporting month-end/year-end closing**: Assisting in the preparation of month-end and year-end financial reports, including balance sheets and income statements.
- **Assisting with audit preparation**: Helping with audits by preparing and organizing the necessary financial documents.

**5. Expense Management**
- **Monitoring expenses**: Assisting in reviewing company expenses to ensure they adhere to the budget and are properly recorded.
- **Processing employee reimbursements**: Reviewing and processing employee expense reports for approval.

**6. Administrative Support**
- **Supporting senior accountants**: Providing assistance to senior accountants and other team members in financial analysis and reporting tasks.
- **Maintaining financial systems**: Helping ensure that the company’s accounting systems and software are up to date and functioning properly.

**7. Financial Analysis Assistance**
- **Preparing reports**: Assisting in creating financial reports and summaries for management to support decision-making processes.
- **Assisting in budgeting and forecasting**: Helping to gather data for budgeting and forecasting purposes.

**8. Communication**
- **Liaising with vendors and clients**: Communicating with vendors, clients, and other stakeholders to resolve billing and payment issues.
- **Coordinating with other departments**: Collaborating with other departments to gather financial information, verify data, or resolve discrepancies.

**9. General Compliance and Accuracy**
- **Maintaining compliance with financial policies**: Ensuring that all transactions comply with the company’s financial policies and procedures.
- **Ensuring accuracy**: Paying attention to detail to ensure that all financial data entered is accurate and complete.

In general, the role of a Junior Accountant is more focused on supporting the accounting team with administrative and data-entry tasks, while gaining exposure to financial reporting, analysis, and other higher-level accounting activities.

**Job Types**: Full-time, Permanent

Pay: ₹15,000.00 - ₹25,000.00 per month

**Benefits**:

- Life insurance
- Provident Fund

Schedule:

- Day shift

**Experience**:

- total work: 1 year (preferred)

Work Location: In person

Application Deadline: 03/12/2024
Expected Start Date: 24/11/2024