Sr. Finance Associate I

5 days ago

Navi Mumbai, Maharashtra, India S5 Agency World (I) Pvt Ltd Full time ₹ 9,00,000 - ₹ 12,00,000 per year

To assist the Finance Department in ensuring accurate and timely execution of payments, management of daily cash flows, vendor reconciliation, and financial documentation related to accounts payable and cash transactions. The Junior Finance Associate plays a crucial role in maintaining financial control and ensuring operational efficiency within the finance function of a global shipping business.

Role & responsibilities:

  • Monitor daily bank balances and cash positions.
  • Assist in preparing daily and weekly cash flow reports.
  • Coordinate with banks for fund transfers, forex settlements, and related documentation.
  • Support treasury operations, including updating bank mandates, KYC compliance, and banking correspondence.
  • Process vendor invoices, ensuring proper documentation, approval, and coding.
  • Perform payment runs (weekly/bi-weekly/monthly) as per schedule.
  • Reconcile vendor statements and resolve any payment discrepancies.
  • Coordinate with internal departments to ensure timely invoice approvals and clarify discrepancies.
  • Maintain accurate records of financial transactions in ERP or accounting systems.
  • Assist in audit processes by preparing required documentation.
  • Support month-end closing activities related to payables and cash reconciliation.
  • Ensure adherence to internal controls and company policies during financial transactions.

Preferred candidate profile

  • Bachelors degree in Commerce, Finance, or Accounting (B.Com / BBA / M.Com preferred)
  • 3 - 4 years of relevant experience in accounts payable or cash management.
  • Strong attention to detail and analytical mindset.
  • Proficiency in MS Excel and ERP accounting software
  • Experience in a shipping, logistics, or freight forwarding company.
  • Understanding of multi-currency payments and international banking processes.
  • Good communication skills and ability to work under pressure.

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