Accounts Associate

13 hours ago

Mohali, Punjab, India Novagems Inc Full time ₹ 40,00,000 - ₹ 1,20,00,000 per year

Job Title: Accounts Associate / Finance Associate

Location: Phase 8B, Industrial Area, Mohali

Department: Finance & Accounts

Reporting To: CFO / Director of Finance

Employment Type: Full-Time

Shift: Night Shift

Job Summary:

We are seeking a detail-oriented and proactive Accounts Executive to manage daily financial transactions, support monthly closing activities, and ensure accurate financial reporting. The ideal candidate should be well-versed in bookkeeping, accounts payable/receivable processes, and financial documentation, with prior experience handling US and Canadian accounting standards. The role also includes supporting the finance team with both operational and strategic tasks.

Key Responsibilities:

Daily Bookkeeping

  • Record all financial transactions accurately and promptly on a daily basis.
  • Maintain organized documentation for audit and compliance purposes.

Month-End Closing

  • Support timely closure of books at month-end.
  • Assist in reconciliations, adjustments, and preparation of financial statements.

Accounts Payable & Receivable Management

  • Monitor and maintain records of accounts payable and receivable.
  • Ensure timely payments and collections to support smooth cash flow.

Training & Oversight Support

  • Assist in the training and coordination of junior finance staff as needed.
  • Ensure adherence to internal financial processes and standard operating procedures.

Monthly Financial Updates

  • Prepare, update, and maintain accurate monthly financial reports.
  • Collaborate with the team to ensure consistency and accuracy in financial data.

Monthly Reporting & Auditing

  • Participate in monthly review meetings to present finalized financials.
  • Support audit requirements and help implement any identified financial improvements.

US & Canadian Accounting

  • Handle financial accounting and reporting in accordance with US GAAP and Canadian accounting standards.
  • Ensure compliance with relevant local tax laws, statutory requirements, and reporting formats.

Requirements:

  • Bachelor's degree in Commerce, Accounting, Finance, or a related field.
  • 1-3 years of relevant experience in accounting or finance roles.
  • Prior experience in US and Canadian accounting is a must.
  • Proficient in accounting software (e.g., QuickBooks, Zoho Books, Xero, etc.).
  • Strong understanding of accounting principles and financial reporting.
  • Good communication and analytical skills.
  • Ability to meet deadlines and work independently as well as in a team.

Preferred Skills:

  • Knowledge of international tax norms.
  • Exposure to audits and financial review cycles.

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