Finance and Accounts Executive

1 day ago

Hyderabad, Telangana, India Oorja Energy Engineering Services Full time

The Role

This is a role for a smart person with 5-10 years of experience. The Accounts & Commercial executive will be responsible for managing day-to-day accounting operations, statutory compliance, financial reporting, vendor and customer reconcilliations, and procurement planning. The role requires strong analytical skills, attention to detail, and hands-on experience with accounting systems and financial data managemen, while working closely with the entire senior management team.

The candidate will help improve the operations of the company by ensuring that the books of the company are updated in real time and in order. The candidate will also be required to ensure timely and accurate execution of the 3rd party service provider including creating invoices, bank reconciliation, statutory compliance, HR processing. The candidate will be required to interface extensively with the internal team to understand their needs and provide timely support in terms of MIS statements, account ledgers and following up on collections. Furthermore, the candidate is expected to plan and manage the companys cash flows. The candidate may also help the Founder with part of the fundraising process, if needed.

The candidate therefore should be self-motivated, be organized and prompt in following up, and a strong communicator. This role will be fully on-site.

Principal Activities and Responsibilities

Accounts & Finance Executive:

  • Accounting & MIS ensure accurate and on time entries at a project level, creating MIS, preparing quarterly statements and maintaining all registers. Create invoices, purchase orders and all other operational transactions in the accounting software
  • Keep track of, verify and ensure all statutory processes like GST, PF, PT etc. are complied with, on time
  • Perform
    daily and monthly bank reconciliations
    for multiple bank accounts
  • Manage relationship with bankers and other lenders
  • Asset management with required financial data/reports in a timely manner for any financing requirements
  • Salary processing for employees including all compliances and documentation
  • Planning, projecting and maintaining cash flow statements
  • Anticipate & track delays in receivables, create reports to share with relevant stakeholders and provide support to improve cashflows
  • Plan and manage vendor payments
  • Co-ordinate with CA and CS for all statutory filings and finalization of accounts
  • Advise the operations and management team suitably on all financial matters
  • Prepare and file
    GST returns
    including
    GSTR-1, GSTR-3B, GSTR-2B reconciliation
    , and annual returns

Background and Experience Needed

  • Bachelor or Masters Degree in Finance, or other relevant area. MCom preferable.
  • Must be highly organized, have an eye for details, and be disciplined in following up
  • Past experience of working in a company that does project work or in the infrastructure segment, with multiple parallel projects is beneficial and highly valued
  • Past experience of working in a company with complex financial structures including debt and equity financing would be preferred
  • Must be very strong with Excel and Zoho Books
  • Must be based out of/willing to shift to Hyderabad

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