Financial Accountant

Job Summary

Job Title: Financial Accountant

Location: BKC Bandra, Mumbai

Reporting To: Team Lead - General Accounting Finance

Job Purpose

This is a hands-on, operationally focused role responsible for the day-to-day financial activities of the India Branch. The individual in this role will be responsible for end-to-end accounts payable, cash management, bank reconciliation, statutory compliance and general ledger hygiene, while continuously driving process automation and digital efficiency.

This role is critical to ensuring that all financial obligations-vendor payments, statutory dues, employee reimbursements and regulatory filings-are discharged accurately and on time, and that the organisation s idle funds are optimally deployed to maximise interest income.

Key Responsibilities

1. Accounts Payable

• Process vendor invoices end-to-end: receipt, verification, three-way matching, approval and payment release as per defined SLAs.
• Ensure all payments are adequately supported by valid contracts, purchase orders, invoices and appropriate internal approvals.
• Monitor the AP ageing dashboard and proactively resolve overdue or disputed invoices to prevent interest or penalty exposure.
• Liaise with procurement and business teams for prompt invoice receipt and query resolution.
• Reconcile vendor statements monthly and ensure zero long-outstanding open items.
• Ensure TDS / withholding tax deductions are correctly applied and accounted for.

2. Employee Reimbursements

• Administer the employee expense reimbursement cycle-receipt, policy compliance checks, approval routing and payment within defined turnaround times.
• Validate expense claims for adherence to the company s Travel Expense Policy and flag exceptions to management.
• Process medical, meal, fuel and other allowance reimbursements accurately and within payroll cut-off dates.

3. Cash Management Treasury Operations

• Maintain and update the daily cash position statement, ensuring sufficient liquidity for all outgoing payments and obligations.
• Monitor surplus idle funds and place them in short-term or overnight bank deposits or approved instruments to optimise interest income.
• Track maturity of fixed deposits and renew or redeploy proceeds in a timely manner.
• Interface with bankers for operational banking requirements, limits and interest negotiations.

4. Bank Reconciliation Monthly Closing

• Perform monthly bank reconciliations for all bank accounts and ensure reconciling items are resolved within the month-end close timeline.
• Drive complete and accurate monthly expense closing, including accrual of provisions, validation of cost-centre allocations and clearance of unposted items.
• Support the preparation of quarterly and annual financial statements under Indian GAAP and IFRS, as required.

5. GST Direct Tax Compliances

• Prepare and liaise with consultants for filing monthly GSTR-1, GSTR-3B and annual GST returns accurately and on time.
• Reconcile GST books with GSTR-2A / GSTR-2B and follow up with vendors on mismatches to enable timely ITC availment.
• Ensure correct TDS deductions across all payment categories under relevant provisions of the Income-tax Act, as amended from time to time, and coordinate with consultants for filing quarterly TDS returns.
• Ensure compliance with MSME reporting and payment requirements.
• Handle GST and income-tax notices, assessments and refund follow-ups in coordination with tax consultants.