Finance & Accounts Executive

21 hours ago

Yelahanka Bengaluru Karnataka, India Hammer & Nail Full time

The key responsibilities of a Finance / Account Executive typically revolve around managing and controlling the financial aspects of a company's various sites or locations. Their role is crucial in ensuring that expenses are controlled, budgets are adhered to, and financial processes are efficient.

1. Expense Monitoring: Regularly monitor and analyze expenses for each site or location, ensuring they align with the budget and financial targets set by the organization.

2. Budget Management: Develop and manage budgets for each site, taking into account operational needs, revenue projections, and cost-saving measures.

3. Expense Reporting: Prepare and provide detailed financial reports to senior management, highlighting key financial metrics and variances from budgets.

4. Cost Reduction: Identify cost-saving opportunities and implement strategies to reduce unnecessary expenditures across sites while maintaining operational effectiveness.

5. Vendor Management: Negotiate with vendors and suppliers to secure cost-effective contracts and ensure timely payments. Evaluate vendor performance and seek opportunities for cost optimization.

6. Invoice Processing: Oversee the processing of invoices, expense claims, and reimbursements for accuracy and adherence to company policies and budgetary constraints.

7. Compliance: Ensure compliance with financial regulations, company policies, and industry standards at each site. Keep abreast of changes in financial regulations and adapt processes accordingly.

8. Expense Analysis: Conduct in-depth analysis of expense patterns and trends, providing insights and recommendations to improve financial performance.

9. Financial Forecasting: Assist in developing financial forecasts for site-specific expenses, helping to anticipate future financial needs and challenges.

10. Expense Control Policies: Develop and enforce expense control policies and procedures at each site, educating and training staff on compliance.

11. Audit Support: Collaborate with internal and external auditors to facilitate site-specific audits and ensure financial records are accurate and transparent.

Schedule:

- Day shift

Ability to commute/relocate:

- Yelahanka, Bengaluru, Karnataka: Reliably commute or planning to relocate before starting work (required)

**Education**:

- Bachelor's (required)

**Language**:

- English (required)
- Hindi (required)

Work Location: In person

Application Deadline: 01/09/2024

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