Accounts Executive
6 days ago
The Accounts & Finance Executive will be responsible for handling core accounting operations, compliance activities, reconciliations, and treasury support. The role demands accuracy, statutory compliance, and coordination with internal and external stakeholders to ensure smooth financial operations.
Key Responsibilities
- Accounts Payable Management (End-to-End)
- Handle the complete accounts payable cycle from invoice receipt to payment.
- Verify, process, and reconcile vendor invoices with purchase orders and contracts.
- Ensure timely payments to vendors while maintaining compliance with company policies.
- Perform regular reconciliation of bank statements with company books.
- Identify and resolve discrepancies in a timely manner.
- Monitor cash balances and report variances to management.
- Prepare and review reconciliation of inter-branch accounts.
- Ensure accuracy of branch-level transactions and adjustments.
- Resolve mismatches across branches in coordination with respective teams.
- Conduct periodic reconciliation of vendor accounts.
- Investigate and resolve disputes related to outstanding balances.
- Maintain updated vendor ledgers and statements.
- Preparation of monthly payable ageing.
- Ensure each payment is compliance with TDS and GST requitements.
- Coordinate with auditors for compliance checks and queries.
- Record provisions for expenses and liabilities at month-end/quarter-end.
- Ensure proper documentation and accounting for accruals.
- Support in preparation of financial statements with accurate provisioning.
- Review expense items and classify them under prepaid accounts where applicable.
- Transfer and amortize prepaid expenses systematically over relevant periods.
- Assist in managing treasury operations including loans, fixed deposits, and investments.
- Prepare aging analysis of payables and receivables to support working capital planning.
- Monitor and report cash flow and fund flow positions regularly.
- Review and analyze payable ledgers accounts periodically.
- Ensure correctness and compliance of entries as per accounting standards.
- Identify errors, omissions, or unusual balances and propose corrective actions.
Requirements
- Master's degree in commerce, Finance, or Accounting minimum 3 - 5 years of work experience.
- Strong knowledge of accounting principles, GST, and TDS regulations.
- Hands-on experience with ERP/Accounting software (Tally, ERPX etc.)
- Proficiency in MS Excel and Cash Flow.
- Attention to detail, problem-solving ability, and strong analytical skills.
- Exposure to startup / automotive / automobile will be highly advantage.
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