Senior Associate

4 days ago

Bengaluru, Karnataka, India ScaleX Business Full time ₹ 12,00,000 - ₹ 24,00,000 per year

Job Summary:

The Senior Accounts Associate plays a key role in the finance department by managing and overseeing day-to-day accounting operations. This role involves preparing financial statements, handling reconciliations, supporting audits, ensuring compliance with accounting standards and internal controls, and mentoring junior staff.

Key Responsibilities:

General Accounting
:

  • Manage daily accounting transactions including journal entries, ledger updates, and expense allocations.
  • Ensure timely and accurate month-end and year-end close processes.

Accounts Payable & Receivable
:

  • Oversee invoice processing, vendor payments, and collections.
  • Monitor aging reports and resolve outstanding receivables/payables.

Reconciliations
:

  • Perform regular bank, vendor, and intercompany reconciliations.
  • Reconcile balance sheet accounts and investigate discrepancies.

Financial Reporting
:

  • Assist in the preparation of financial statements, MIS reports, and management summaries.
  • Support budget preparation and financial forecasting.

Audit & Compliance
:

  • Coordinate internal and external audits.
  • Ensure compliance with accounting standards (e.g., GAAP, IFRS) and company policies.
  • Maintain proper documentation and audit trails.

Process Improvement
:

  • Identify areas for cost control and efficiency improvements.
  • Recommend and implement best practices in accounting and reporting.

Team Leadership
:

  • Mentor junior accountants and support staff.
  • Assist with onboarding and training of new finance team members

Qualifications:

Education
:

  • Bachelor's degree in Accounting, Finance, or Commerce (required).
  • CA Inter, CPA, CMA, or MBA in Finance (preferred).
  • Applicants should possess either Articleship experience or a background working in a CA firm.

Experience
:

  • 4–7 years of relevant experience in accounting or finance roles.
  • Experience with ERP systems (e.g., SAP, Oracle, QuickBooks, Tally).

Skills
:

  • Strong understanding of accounting principles and financial reporting.
  • Proficient in MS Excel (pivot tables, VLOOKUP, etc.).
  • Excellent attention to detail and organizational skills.
  • Strong analytical and problem-solving abilities.
  • Effective communication and interpersonal skills.

Key Competencies:

  • Financial accuracy and integrity
  • Deadline orientation
  • Critical thinking and data analysis
  • Collaboration and cross-functional communication
  • Discretion with confidential financial data

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