Finance Accounts Executive

Dear Sir,

We are Looking for Finance & Accounts Executive

1. Accounting & Financial Reporting

• Responsible for day-to-day accounting and maintenance of books of accounts.
• Record and review purchase, sales, receipt, payment and journal entries.
• Maintain general ledger, vendor ledger and customer ledger.
• Ensure accurate and timely accounting in Far vision / ERP.
• Responsible for monthly preparation of financial statements and management financial reports, including Profit & Loss Account, Balance Sheet, Cash Flow Statement and other MIS reports.
• Prepare monthly management reports with comparison against the previous period, budget and/or previous year.
• Perform monthly ledger scrutiny, provisions, accruals, prepaid expenses and other closing adjustments.

2. Investment Management

• Assist in managing the companys investment portfolio, including mutual funds, fixed-income instruments and other approved investments.
• Maintain investment records, maturity schedules and transaction statements.
• Process investment purchases, redemptions, switches and other investment transactions.
• Monitor investment income, interest, dividend and capital gains.
• Reconcile investment statements with books of accounts.
• Prepare investment portfolio and valuation reports for management.
• Coordinate with banks, mutual fund houses, brokers, wealth managers and other investment institutions.
• Ensure proper accounting and documentation of all investment transactions.

3. Treasury & Cash Management

• Monitor daily cash and bank positions and prepare cash-flow requirements.
• Assist in short-term and medium-term cash-flow planning.
• Ensure availability of funds for operational and investment requirements.
• Manage fund transfers between bank accounts based on business requirements.
• Monitor utilisation of surplus funds and deployment of excess liquidity.
• Prepare regular treasury reports and cash-flow forecasts for management.
• Monitor interest income, bank charges and other treasury-related transactions.

4. Banking Activities

• Handle day-to-day banking activities and coordinate with banks.
• Prepare and process fund transfers, payments and other banking instructions.
• Maintain bank account records and authorised signatory documentation.
• Prepare and review Bank Reconciliation Statements (BRS).
• Coordinate with banks for account-related matters, confirmations, statements and documentation.
• Monitor bank balances, deposits, interest receipts and other banking transactions.
• Assist in opening/closing bank accounts and other banking formalities as required.

5. Month-End & Year-End Closing

• Responsible for timely completion of monthly accounting closure.
• Pass necessary provisions, accruals, depreciation and adjustment entries.
• Reconcile major balance sheet accounts.
• Ensure completeness and accuracy of monthly financial data.
• Coordinate with auditors during statutory, tax and internal audits.

6. MIS & Management Reporting

• Prepare monthly financial performance reports for management.
• Prepare business/division-wise and account-head-wise MIS.
• Analyse revenue, expenses, operating profit, PBT and cash flow.
• Prepare variance analysis against budget/previous year.
• Provide financial information and analysis to management for decision-making.

Key Skills Required

• Strong knowledge of accounting and financial reporting.
• Good understanding of treasury, investments and banking operations.
• Knowledge of GST, TDS and basic statutory compliance.
• Strong MS Excel skills, including Pivot Tables, XLOOKUP/VLOOKUP and financial formulas.
• Experience in SAP/ERP/Microsoft Business Central preferred.
• Good analytical and reconciliation skills.
• Ability to prepare and present monthly financials and MIS to management.
• Strong coordination skills with banks, auditors, investment institutions and internal departments.
• High level of accuracy, confidentiality and attention to detail.

Key Performance Indicators (KPIs)

• Timely and accurate monthly financial statements and management reports.
• Timely completion of monthly and annual closing.
• Accuracy of cash-flow and treasury forecasts.
• Proper monitoring and reconciliation of investment portfolio.
• Timely execution and reconciliation of banking transactions.
• Timely vendor/customer and bank reconciliations.
• Accuracy and timeliness of GST/TDS compliance.
• Proper documentation and audit readiness.
• Effective utilisation of surplus funds and treasury management.
• Timely submission of MIS and financial analysis to management