Avp Accounts

BHIVE Workspace - Bengaluru/ Mumbai - Referral Category: Category 2 - 5-8 Years - CA/ CWA - **Role**: AVP Account (Leadership Role) **Experience Range**: 8+ Years **Location**: Bangalore / Mumbai **Qualification**:CA/CWA with +8 years of relevant experience **Interview Process**:Applicant questionnaire > Assessment > Face to Face Rounds > HR Round **Employee Referral Policy**: **Category **:Referral Category 2 **Why join BHIVE**: - Exciting projects: BHIVE offers innovative projects that have a real impact on the industry. - Collaborative environment: BHIVE values teamwork and collaboration, fostering creativity and providing opportunities for learning. - Work-life balance: BHIVE offers flexibility in work hours to maintain a healthy work-life balance. - Career growth: BHIVE invests in employee development and opportunities for career growth. - Impactful work: Working at BHIVE means making a real impact on the startup ecosystem in India. **Role Summary**: We are excited to announce an opportunity for a talented and experienced AVP Accounts to join our team at Bhive. As a AVP Accounts, you will play a crucial role in designing, documenting, and executing multiple simultaneous process while upholding Bhive’s standards, goals, and brand ideals. You will work closely with both internal and external teams, collaborating to deliver smooth functioning of the business. Additionally, you will be responsible for leading and managing a team of accounting. **Key Deliverables**: - **Meet Financial Objectives**: Recommend forecasting requirements, draft annual budgets, and project expenditures to prepare periodic statements and meet financial regulatory requirements. Analyze general ledger variances and suggest corrective action for management’s approval to meet annual accounting financial objectives. - **Achieve Operational Objectives**: Develop action plans, audit operations, and propose efficiency improvements, lead the accounting team to provide accurate, timely data and recommendations. - **Monitor Revenue and Expenses**: Ensures companies’ financial wellbeing by tracking revenue and expenses, consolidating and analyzing financial data, preparing special reports, maintaining internal controls and other best practices, and reporting activity to internal and external customers. - **Lead Accounting Staff**: Recruiting, hiring, and supervising accounting staff. Conduct performance evaluations, coordinate training programs, and identify training needs - Manage and oversee the daily operations of the accounting department including: - month and end-year process - accounts payable/receivable - cash receipts - general ledger - payroll and utilities - treasury, budgeting - cash forecasting - revenue and expenditure variance analysis - capital assets reconciliations - trust account statement reconciliations, - check runs - fixed asset activity - debt activity - Monitor and analyze accounting data and produce financial reports or statements - Establish and enforce proper accounting methods, policies and principles - Coordinate and complete annual audits **Key Competencies and skills**: Key Hard Skills Financial Statement Preparation: Prepare financial statements, which provide insights into the financial health of a company. These insights allow businesses to make strategic decisions about resource allocation. This skill also transfers to other accounting specialties, such as tax and audit. Microsoft Excel: leverage Microsoft Excel and ZOHO ONE ERP to streamline data including automating repetitive tasks, creating sophisticated financial models, and streamlining data analysis. Knowledge of Ind AS: Understand IndAS and its implications (Preferably on Inventory, Financial Instruments and Lease based Accounting). For instance, this GAAP guides the recording and preparation of financial statements, ensuring they are accurate and complete. GAAP standards also guarantee disclosures properly describe a firm’s financial position and performance. Financial Close Experience: Financial close completes all financial transactions for the month, quarter, or year to ensure financial statements accurately represent the reporting period. The financial close process also uncovers errors or discrepancies recorded in the financial statements before publication. Key Soft Skills Management: Management and supervisory skills to plan and organize work, set priorities, and delegate tasks. Additionally to communicate effectively with team members to resolve conflicts and make decisions aligned with company priorities. Communication: Effectively communicate financial information to employees, shareholders, and other interested parties. Simplify complex financial concepts, build relationships with key stakeholders, and prepare concise financial reports that accurately reflect organizations’ financial health. Eye for Detail: Must accurately track and record financial transactions, using a keen eye for detail to find and corre